Sowore criticises government’s economic reform claims
Omoyele Sowore, presidential candidate of the African Action Congress, has criticised the Federal Government’s economic reforms, saying improved revenue and macroeconomic indicators have not led to better living conditions for Nigerians. In an interview, Sowore argued that the success of economic policies should be measured by their real impact on people’s lives, not just numbers. He faulted the government for focusing on statistics like tax-to-GDP ratio while many Nigerians struggle with rising costs and poor public services. Sowore also condemned the removal of fuel subsidy, claiming it has worsened hardship for ordinary citizens.
Key takeaways
- Omoyele Sowore said government economic reforms have not improved Nigerians’ standard of living.
- He criticised the focus on increased revenue and tax metrics, arguing these do not reflect real progress.
- Sowore claimed that subsidy removal and other policies have led to higher living costs and a weaker naira.
- He alleged that wealthy individuals and businesses benefit more from government incentives than ordinary Nigerians.
- Sowore called for policies that create opportunities for the majority and demanded greater accountability in economic management.
