Economy
ADC Says, 63% Poverty Is Tinubu’s Scorecard
ADC Says, 63% Poverty Is Tinubu’s Scorecard
ADC Says, 63% poverty is Tinubu’s scorecard. The African Democratic Congress (ADC) has described recent reports that Nigeria’s poverty rate has risen to 63% after the removal of petrol subsidy as the real scorecard of President Bola Tinubu and consequence of his ill-defined neoliberal economic policies.
In a statement signed by its National Publicity Secretary, Mallam Bolaji Abdullahi, the party said the new figures reflect the worsening economic hardship facing millions of Nigerians as rising fuel and transport costs continue to push up the cost of living. The ADC noted that the new report only confirms earlier surveys that indicate deep public dissatisfaction with the direction the country is heading under the APC administration.
The full statement read:
The African Democratic Congress (ADC) considers latest report showing that Nigeria’s poverty rate has risen to 63% following the removal of petrol subsidy by President Tinubu three years ago as a damning verdict on the administration’s economic policies. Yet, this report only confirms what millions of Nigerians already know from their daily experience: the cost of living is rising rapidly, purchasing power is collapsing, and families across the country are being pushed deeper into hardship.
The report, presented at a policy dialogue in Abuja Thursday indicated that poverty in Nigeria rose sharply from about 50 percent before the subsidy removal to 63 percent afterward, as higher fuel and transport costs spread through the economy and drove up the prices of food, transportation, and other basic necessities. This verdict reflects the real consequences of the APC government’s hasty removal of fuel subsidy without giving full consideration to how such a serious decision would impact on the livelihoods of ordinary citizens.
Government has repeatedly justified the removal of subsidy on the need to divert resources to areas of critical needs, including health and education. Three years on, none of these sectors has been funded any better, and citizens have not seen the benefits of subsidy removal.
Independent surveys already show that 93 percent of Nigerians believe that under President Tinubu, the country is heading in the wrong direction, even as 88 percent describe the national economy as bad, while another 74 percent say their personal living conditions are poor. These are not abstract statistics, they are the voices of a population under intense economic pressure.
There is also mounting evidence of widespread deprivation. A large majority of Nigerians report going without basic necessities such as food, clean water, medical care, cooking fuel, and even cash income at different times during the past year. For millions of households, economic hardship is no longer a temporary difficulty, it has become daily reality. This is what happens when government is more concerned with external validation than the well-being of its own people.
ADC
The African Democratic Congress believes that the standard measure of any economic policy is whether it has made life better for the majority of citizens and protected the most vulnerable. On this score, the APC government has failed.
Signed:
Mallam Bolaji Abdullahi National Publicity Secretary African Democratic Congress (ADC)
Pensioners Threaten Nationwide Protest, Demand Governors Urgently Review Payment
The National Association of Retirees of State Governments has threatened a nationwide protest unless state governors urgently review pension payments in line with existing labour laws.
Simon Anchaver, president of the union, made the call in Yenagoa at the inauguration of the Bayelsa interim executive of the newly registered union.
The union demanded that the 36 state governors prioritise pension payments.
They equally called on President Bola Tinubu to establish a ministry for pension affairs to guarantee annual budgetary allocations for pensioners’ welfare.
Eereporter.com
The union bemoaned the arbitrary payment of pensions by some governors, and commended the Nasarawa state governor for releasing N7 billion to clear pension arrears and gratuity.
Its national secretary, Bipre Ndiomu, said the union was newly registered and currently inaugurating state executives. He urged state governors to put in place the modalities to guarantee the welfare of pensioners across the country.
Protest Demolition
Bayelsa’s head of service, Wisdom Sawyer, urged the executive to serve as a bridge between retirees and the government, adding that the state government was open to engagement on outstanding issues.
The newly inaugurated state chairman, Bazigha Tanwei, accepted the mandate and promised an open-door policy, regular consultations with members, and sustained advocacy with the state government to clear arrears.
Financial Literacy: NNPC Foundation Trains Batch A Stream 2 Corps Members
In continuation of its Corporate Social Responsibility (CSR) initiatives on financial literacy, the NNPC Foundation Ltd./Gte has conducted its second 2026 National Youth Service Corps (NYSC) skills empowerment training for Batch A, Stream 2 corps members at the FCT NYSC Orientation Camp, Kubwa, Abuja, over the weekend.
Delivered in partnership with the NYSC Skills Acquisition and Entrepreneurship Development (SAED) scheme, the programme covers financial literacy, entrepreneurship, and business development. Its training structure also includes a financial literacy test, a “Kick Start My Business” course, and business proposal pitching.
Eereporter.com
Managing Director of NNPC Foundation, Emmanuella Arukwe, who was represented by the Head, Programme Management, Rose Okonkwo, noted that over one million corps members have been trained nationwide through the programme.
Acting Director of SAED, Usman Yahaya, commended the NNPC Foundation for its consistent support, urging the corps members to acquire multiple skills during their service year in order to position themselves as job creators and not job seekers.
NNPC, NYSC
It would be recalled that last year, 531 youths received Starter Packs and financial support to help them launch their businesses, with most beneficiaries recording measurable progress across their various enterprises.
The NNPC Foundation Ltd./Gte has, through the financial literacy programme, sustained its commitment to preparing young Nigerians towards sustainable careers and self-reliance, contributing to national economic growth and development.
Economy
NNPC: Commissioning, Handover Of Rehabilitated Hospital Wards At National Orthopaedic Hospital, Igbobi
NNPC: Commissioning, Handover Of Rehabilitated Hospital Wards At National Orthopaedic Hospital, Igbobi
This intervention forms part of the NNPC Foundation Ltd./Gte’s ongoing commitment to improving healthcare infrastructure across Nigeria, ensuring that more patients receive care in decent, functional facilities.
Tomorrow, Wednesday, 29th April 2026, the NNPC Foundation Ltd./Gte., the Corporate Social Responsibility arm of NNPC Limited, will commission and hand over three fully rehabilitated hospital wards with a 100-bed capacity at the National Orthopaedic Hospital, Igbobi, Lagos State.
Eereporter.com
The event is scheduled to begin at 11:00 am prompt.
NNPC
This intervention forms part of the NNPC Foundation Ltd./Gte’s ongoing commitment to improving healthcare infrastructure across Nigeria, ensuring that more patients receive care in decent, functional facilities.
Watch the commissioning LIVE on the NNPC Limited YouTube Channel: https://www.youtube.com/@nnpclimited/streams
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