NewStats: 3,259,533 , 8,170,438 topics. Date: Sunday, 25 May 2025 at 01:29 PM 6d51s

The Pan-Yoruba sociopolitical organisation, Afenifere, has reacted to the statement credited to President Bola Tinubu that Nigeria would have been bankrupt if he had not embarked on some economic reforms.

The President while receiving a delegation of former National Assembly colleagues from the aborted Third Republic, during which he served as a Senator representing Lagos West, said, “For 50 years, Nigeria was spending money of generations yet unborn and servicing the West coast of our subregion with fuel. It was getting difficult to plan for our children’s future.”

“We faced serious headwinds when I took over, very challenging times. Nigeria would have been bankrupt if we had not taken the actions that we took, and we had to prevent the economy’s collapse.”

But Afenifere in a statement by its Publicity Secretary, Prince Justice Faloye, insisted the economic problems were self-induced because the Tinubu’s istration made fatal mistakes of removing subsidies before letting the Dangote Refinery come into operation as promised in his own manifesto.

Daily Trust reports that the faction of Afenifere loyal to HRH Oba Oladipo Olaitan who took over as leader after the demise of Pa Ayo Adebanjo had always criticised the removal of fuel subsidy and the floating of naira by Tinubu.

The twin-policies were said to be responsible for the inflationary spike experienced in recent years.

Afenifere advised that this is not about playing politics but saving the nation from “stifling poverty that is wrecking the nation at its seams with increased kidnappings, robberies and other economic crimes.”

“The political class must realize that we are sitting on a gunpowder keg that will explode when the poor can’t take it any longer. A stitch in time saves nine,” the group said.

Faloye in a statement stated that Tinubu should “never have floated the Naira when we were still importing fuel that made up one third of our import bill.”

“[b]These two ill-timed policies have cost millions their lives and livelihoods, so inflation rates, and not food prices decreasing, is medicine after death caused by criminal negligence of the governmen[/b]t,” he said.

According to Afenifere, the Tinubu istration’s reference to 50 years of economic decline “can be traced to when subsidy removal started in the Seventies, which have regressively pushed us into poverty, the worst of which has been witnessed under his istration.”

“The problem has been anti-people economic policies. We are nowhere near El Dorado than we were in 1978 when education subsidies were removed and he has placed our education on student loans.

“Fuel prices and other import costs could fall further if the amount saved from fuel subsidies is pumped into the forex market as done since January with $8b although the ill-timed subsidy cut appears to have killed the golden goose and we can never fully regain the true value of our currency due to economic mismanagement.

“Moreover, we should concentrate on creating true wealth and value instead of focusing on indices. Unfortunately, the istration is still in the dark on how to improve the living standards of Nigerians. Ideologically clueless on how to stimulate our consumer nor producer markets to create wealth.

“For example, houses are the root of the consumer markets, the ultimate good for the consumer. Unfortunately Nigeria has twenty million homeless people, the most in the world, yet only 20,000 houses were budgeted for in the 2025 budget, at which rate it will take 1,000 years to resolve our homelessness problem, assuming there is no increase in population. The government needs to budget for 20,000 a day like China and India, or at least 10,000 homes, to make any difference,” the statement said.

https://dailytrust.com/hardship-your-policies-worsened-the-situation-afenifere-tells-tinubu/

Tinubu has lost it all.

Here is a man who got so excited about being sworn in as president of Nigeria, went off-script, and screamed 'Subsidy is gone' without understanding what it entails or putting measures in place to mitigate its effects on the citizens.

Today, Nigerians are being subjected to untold hardships, hunger, and starvation because of that thoughtless statement and other thoughtless policies.

Ok

Only if it's only Nigerians experiencing hardship. The recession started unofficially globally

helinues:
Only if it's only Nigerians experiencing hardship. The recession started unofficially globally

lori 30k monthly stipend?

Nigeria would have been bankrupt if Tinubu had not embarked on some economic reforms.

"The programmes and policies of the istration that are impacting on the populace positively..."
https://www.thecable.ng/interview-nigerias-economy-would-have-crumbled-with-atiku-or-obi-as-president-says-ex-oyo-rep/

That is the warped logic of the emilokan demon. It does not allow room for coming to term with reality.

Bobloco:
Tinubu has lost it all.

Here is a man who got so excited about being sworn in as president of Nigeria, went off-script, and screamed 'Subsidy is gone' without understanding what it entails or putting measures in place to mitigate its effects on the citizens.

Today, Nigerians are being subjected to untold hardships, hunger, and starvation because of that thoughtless statement and other thoughtless policies.

Cry more

Those of us shouting this are called Mazi Emeka, I am afraid of people really suffering, but praising their oppressors. Like when Israel was in Egypt. Hope Afenifere are Ibos too. All I know is that T-Pain is OTP.

Bobloco:
Tinubu has lost it all.

Here is a man who got so excited about being sworn in as president of Nigeria, went off-script, and screamed 'Subsidy is gone' without understanding what it entails or putting measures in place to mitigate its effects on the citizens.

Today, Nigerians are being subjected to untold hardships, hunger, and starvation because of that thoughtless statement and other thoughtless policies.

Lord Wailer, Tinubu is not going anywhere you better get with the program, before the general election in 2023, we told u Gringory Obi was a waste of your time & his time, lie lie he will never enter Aso Rock.

Bobloco:
Tinubu has lost it all.

Here is a man who got so excited about being sworn in as president of Nigeria, went off-script, and screamed 'Subsidy is gone' without understanding what it entails or putting measures in place to mitigate its effects on the citizens.

Today, Nigerians are being subjected to untold hardships, hunger, and starvation because of that thoughtless statement and other thoughtless policies.

painful thing is that the failure is still paying subsidy

iwaeda:
Those of shouting this are called Mazi Emeka, I am afraid of people really suffering, but praising their oppressors. Like when Israel was in Egypt. Hope Afenifere are Ibos too. All I know is that T-Pain is OTP.

Because u voted for the Governor of your state, so that the Almijiris can blame their woes on Tinubu abi?

The Governor of your state is there for the Lazy Almijiris to look 👀 for who to blame for their miseries, like Moses & those ungrateful things in the wilderness?

Your state house of assembly has not ed the law, starting their eradication poverty in the state, it is Yoruba man Tinubu una dey wait for?

Typical lazy black sambo, name 1 sector in your state, that your Governor has created jobs for u his lazy minded subjects based on the comparative advantages of your state?

sweerychick:
painful thing is that the failure is still paying subsidy

When last did u buy petrol, how many years has it been now?

Because from your statement it is quite obvious that you are not in touch with reality.

Even earlier on today, I read that Dangote Refinery has reduced the price of PMS to N815, how true is it?

On top of it the agbero wants to put Nigeria on fire.

Yoruba people won't be happy hearing this,, they prefer who lies to them to massage their ego. Tinubu is not good, we need a good leader who will take us out of poverty,,, Tinubu can't perform

Paid afenifere

Arewa, Afenifere, Ohaneze and Pandef are all lamenting about Tinubu's wicked policies that are impoverishing the masses.

Ronu tribalist are inconsequential in the scheme of things.

30k peanuts are all it takes to buy their soul.

Bastards of a thousand fathers!

Tell him.
This is why Area boys hate afenifere so much because they always stand on the said of the truth.

JASONjnr:
Paid afenifere

Born to suffer!

Dem no de tell blind man say rain de fall.


Those of you ing the evil policies, it will touch everybody.

So the suffering touch una?

Burob:
Lord Wailer, Tinubu is not going anywhere you better get with the program, before the general election in 2023, we told u Gringory Obi was a waste of your time & his time, lie lie he will never enter Aso Rock.

Born to suffer!

helinues:
Only if it's only Nigerians experiencing hardship. The recession started unofficially globally

Excuse FC

Bobloco:
Tinubu has lost it all.

Here is a man who got so excited about being sworn in as president of Nigeria, went off-script, and screamed 'Subsidy is gone' without understanding what it entails or putting measures in place to mitigate its effects on the citizens.

Today, Nigerians are being subjected to untold hardships, hunger, and starvation because of that thoughtless statement and other thoughtless policies.

The man is wicked and lacks good thoughts process at the same time.

Agbero president without certificate

Racoon:
That is the warped logic of the emilokan demon. It does not allow room for coming to term with reality.

Obidient demon STFU!

NaijaMutant:


Born to suffer!

for life
His is a naijamutant
I pray he googles the meaning of mutant

Samunique:
The man is wicked and lacks good thoughts process at the same time.

BS 💩

Tinubu will be booed and stoned during next election campaign

NaijaMutant:


Born to suffer!

for life
His is a jasonjnr

How much was it when T-Pain campaigned and protested that enough is enough against Jonathan? How much was it when he came onboard? What exactly have you enjoyed under this regime? Be specific, please

Burob:
When last did u buy petrol, how many years has it been now?

Because from your statement it is quite obvious that you are not in touch with reality.

Even earlier on today, I read that Dangote Refinery has reduced the price of PMS to N815, how true is it?