Tinubu’s Two Years a Massive Disappointment, says PDP

The Peoples Democratic Party (PDP) has described President Bola Tinubu’s two years in office as a “massive disappointment,” marked by economic hardship, worsening insecurity, and what it called an anti-people administration.

The opposition party made the assertion in a strongly worded statement issued in Abuja on Wednesday by its National Publicity Secretary, Debo Ologunagba.

According to the PDP, the All Progressives Congress (APC)-led government under Tinubu has subjected Nigerians to “two years of agony, suffering, hopelessness, and despair.”

“Life has become unbearable for millions of our citizens. Nigerians have gone through hell under the Tinubu administration,” the statement said.

The PDP accused President Tinubu of overseeing a government characterized by “wholesale corruption, greed, unbridled profligacy, reckless misdirection of resources, arrogance in failure, and totalitarian tendencies.”

It urged the President to immediately address the rising wave of insecurity, reverse economically “suffocating” policies, and abandon attempts to impose a one-party state.

The party also criticized the administration’s economic policies, particularly the abrupt removal of fuel subsidies and the floating of the naira, which it said had devastated the productive sector and pushed millions into poverty.

“As a Party, we restate our position that any government that cares for the wellbeing of the people and has an idea of macro-economic policy management would have reckoned that an abrupt increase in petrol price and devaluation of the naira would cripple the productive sector, escalate poverty, hunger, hardship, insecurity, and hopelessness across the country,” the PDP said.

It highlighted the steep depreciation of the naira — from N167/$1 under the PDP to over N1,600/$1 currently — and the hike in petrol prices from N87 to over N1,000 per litre as major indicators of economic decline. The party also pointed to the 40% inflation rate and 42% youth unemployment rate as evidence of worsening living conditions.

The PDP claimed that over 600,000 Nigerians have been killed by terrorists and bandits since Tinubu took office in May 2023, alleging government negligence and failure to protect citizens.

The party further noted that multinationals are exiting the country due to “worsened insecurity, comatose infrastructure, and economic uncertainties,” and criticized the administration for resorting to multiple taxation and “reckless foreign borrowing” now totalling N182.91 trillion — including a fresh $24.14 billion (N38.24 trillion) loan request.

“While Nigerians suffer, the APC is obsessed with turning Nigeria into a one-party state and frittering the nation’s scarce resources on jets, luxury yachts, foreign trips, and an extravagant lifestyle,” the statement added.

Calling on President Tinubu to “recognize that Nigerians are seriously hurting,” the PDP urged him to abandon “rhetoric and false performance claims” and use the remaining two years of his tenure to redeem his image.

The party concluded by urging the administration to address insecurity, review economic policies to reduce fuel prices, stabilize the naira, and involve more competent professionals in managing the nation’s economy.