16/10/2025
Peter Obi faults Tinubu’s reforms, says over 50 million Nigerians plunged into p+verty
Former Anambra State Governor and Labour Party presidential candidate, Peter Obi, has taken a swipe at President Bola Tinubu’s administration, saying its much-touted economic reforms have failed to reduce p+verty or improve citizens’ welfare.
Citing a recent World Bank report released on October 8, 2025, Obi noted that the number of Nigerians living below the poverty line has risen to 139 million, up from 87 million in 2023 meaning that over 50 million people have fallen into p+verty in just two years.
Reacting on Tuesday via X (formerly Twitter), Obi described the development as “a heartbreaking reflection of how deeply our nation is failing its citizens.”
He lamented that instead of sparking urgent dialogue on how to tackle the crisis, the government’s response was focused on rebuttals.
“What this means is that in two years under the APC regime, over 50 million Nigerians were sent into p+verty,” Obi wrote.
“What is even more concerning is that this devastating revelation has not led to an emergency and national discussion on how to effectively pull millions of our people out of p+verty.”
Obi argued that despite several reforms being celebrated by the Tinubu government, poverty continues to worsen because there is “no clear strategy or determination to channel gains into productive sectors.”
He urged the administration to pursue people-centred economic policies that prioritise production over consumption, support small businesses and farmers, and increase investment in education and healthcare.
“Reforms should be deliberate and strictly followed by people-focused policies that ensure government spending directly impacts the lives of Nigerians by pulling them out of poverty,” he said.
“No nation can truly rise when the majority of its people are trapped in poverty. With the right leadership, we can make Nigeria work for every Nigerian.”
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