Delta State Governor, Chief Sheriff Oborevwori, has launched a blistering critique of the economic policies implemented by the APC-led government under President Bola Ahmed Tinubu, labeling them a “pathway to poverty” for Nigerians.
In a statement issued in response to recent comments by former Deputy Senate President, Senator Ovie Omo-Agege, Governor Oborevwori attributed the escalating hunger, poverty, and mass unemployment in the country to Tinubu’s policies, particularly the removal of the petroleum subsidy and the floating of the Naira.
“Economic Policies Fueling Hardship”
Oborevwori argued that while the policies were introduced with promises of economic reform, their impact has been devastating for ordinary Nigerians. He highlighted that any potential benefits have been eclipsed by skyrocketing inflation and the drastic devaluation of the Naira, which has pushed millions deeper into poverty.
“Reports from the World Bank and IMF are clear: these policies have failed,” the governor stated. “Nigeria is now the poverty capital of the world, with over 130 million people living below the poverty line. Is this the model that Omo-Agege is recommending for Delta to copy?”
War of Words with Omo-Agege
Oborevwori’s remarks followed Omo-Agege’s praise for Tinubu’s economic strategies during an APC event, where he accused the governor of mismanaging Delta State’s finances despite significant federal allocations.
In his rebuttal, Oborevwori questioned the relevance of increased allocations in a climate of rampant inflation and economic hardship. “What good are higher allocations when the purchasing power of the people is eroded daily, and poverty continues to rise?” he asked.
Delta Rejects APC Model
The governor emphatically rejected the notion of adopting the APC’s economic model for Delta State, arguing that it would only replicate the suffering seen on a national scale. He reaffirmed his administration’s commitment to pursuing policies aimed at improving the living standards of Delta residents, rather than exacerbating their struggles.
“Delta State will not