Okechukwu Critiques Tinubu's Economic Reforms Amid Hardships

Osita Okechukwu, a chieftain of the All Progressives Congress, stated that President Bola Tinubu's economic reforms have performed well at the macroeconomic level but have not eased the hardships faced by ordinary Nigerians. During an interview on Arise Television’s Prime Time, Okechukwu highlighted that despite positive macroeconomic indicators, Nigerians continue to struggle with high prices, poor purchasing power, and unemployment.

He noted that small and medium-sized businesses are particularly affected, facing challenges in importing machinery due to the naira's devaluation and rising energy costs. Okechukwu emphasized that while the reforms aimed to stimulate private sector growth and job creation, the necessary conditions for such growth are still lacking.

He criticized the neoliberal assumptions behind the reforms, stating that they have not delivered the expected relief to citizens dealing with the rising cost of living and joblessness. He concluded that the economic situation remains difficult for many, despite the reported macroeconomic progress.