Lagos, Nigeria – Gbadebo Rhodes-Vivour, the Labour Occasion’s (LP) 2023 governorship candidate in Lagos State, has strongly criticised President Bola Tinubu’s financial reforms, claiming they disproportionately profit the elite whereas leaving unusual Nigerians in hardship.
Talking on Channels Tv’s Politics In the present day, Rhodes-Vivour accused the federal authorities of prioritising luxurious and wastefulness over the well-being of residents.
He highlighted rising transportation and meals prices, which now eat over 70% of many Nigerians’ earnings, leaving little for different necessities resembling housing.
Financial Reforms and Widespread Hardship
Since assuming workplace, President Tinubu has carried out main financial insurance policies, together with the removing of petrol subsidies and the floating of the naira. Whereas geared toward addressing systemic points, these reforms have exacerbated inflation, notably in meals costs.
In response to the Nationwide Bureau of Statistics (NBS), meals inflation surged to 39.93% year-on-year in November 2024, up from 39.16% in October. Staples resembling rice, maize, bread, and cooking oil have seen sharp value will increase, pushing extra Nigerians into poverty.
Rhodes-Vivour alleged that these insurance policies primarily favour bankers, authorities officers, and associates of the President, notably by means of international alternate positive factors, whereas the lots bear the brunt of the financial pressure.
A Name for Unified Opposition
Along with addressing the present financial challenges, Rhodes-Vivour emphasised the significance of political unity amongst opposition events to counter what he termed “state seize.” He warned {that a} fragmented opposition in 2027 can be ineffective in difficult the entrenched energy construction.
“I imagine that if all events don’t come collectively, it will be a waste of time operating in 2027 as a result of there’s a full state seize taking place on this nation now,” he stated.
2027 Governorship Ambition
Rhodes-Vivour additionally confirmed his intention to contest the Lagos State governorship once more in 2027, stating, “By God’s grace, sure.” Nonetheless, he didn’t make clear whether or not he would stay with the Labour Occasion or discover different political platforms, noting his fast concentrate on strengthening the LP.
As Nigerians grapple with financial challenges, the talk over Tinubu’s reforms and the political methods for the 2027 elections are anticipated to stay key subjects in nationwide discourse.