Former Anambra State governor Peter Obi has criticized the economic trajectory of the federal government, attributing the escalating poverty rate across the country directly to the policy directions of the ruling All Progressives Congress (APC).
Speaking on the current socio-economic challenges facing citizens, the prominent opposition figure argued that ordinary Nigerians continue to bear the heaviest burdens of inflation, currency depreciation, and stagnant purchasing power. According to details published by Tribune Online, the remarks form part of ongoing political engagements as parties position themselves ahead of the 2027 general elections.
Obi contended that structural adjustments implemented by the current administration, including the removal of petrol subsidies and the unification of foreign exchange windows, were introduced without adequate safety nets to cushion vulnerable households. He maintained that these sweeping reforms have severely impacted small businesses, manufacturing, and household incomes.
Economic Pressures and Political Posturing Ahead of 2027
The criticisms highlight the intensifying political discourse surrounding Nigeria’s macroeconomic indicators. Official figures from the National Bureau of Statistics continue to reflect high inflation rates and food price pressures, which remain central issues for both policymakers and opposition leaders.
While the federal government maintains that its difficult fiscal measures are necessary to restore long-term macroeconomic stability and attract foreign investments, opposition figures argue that the immediate human cost is unsustainable. Civil society groups and labor unions have similarly voiced concerns over the shrinking middle class and the widening gap between state revenues and citizens’ living standards.
As political parties ramp up structural preparations and internal consultations for the upcoming electoral cycle, economic governance and cost-of-living issues are expected to dominate campaigns. Both the ruling party and opposition coalitions are currently engaged in grassroots mobilization, policy reviews, and strategic alignments ahead of the official electoral timetable.
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