According to a video uploaded by Channels Television on YouTube, the Yoruba socio-cultural group Afenifere, through their spokesperson Justice Faloye, has strongly criticized President Bola Tinubu’s administration, describing its first two years in office as a period of underperformance marked by economic mismanagement and declining human development.
Faloye questioned the rationale behind the removal of the fuel subsidy, which he said benefited 200 million Nigerians, only to replace it with palliatives that reach just 5 million people.
Justice Faloye argued that the government’s economic policies have inflicted widespread hardship, stating, “You talk about—I mean, you remove a subsidy that helps 200 million people, and you are telling us that you have given 5 million people—I mean palliatives. And these palliatives are rice”.
He condemned the administration’s approach as tokenism, highlighting the sharp rise in poverty from 38% to 54% during Tinubu’s tenure, and criticized the government’s handling of inflation and business environment.
Faloye also challenged the government’s economic narrative, pointing out that the administration’s claim of saving $10 billion by removing subsidies came at the cost of devastating the economy, which he said shrank from $366 billion to $180 billion.
He emphasized that the government’s neoliberal economic policies contradict the welfare-oriented ideology that Afenifere champions.
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