ADC faults Tinubu govt over rising food inflation
The African Democratic Congress criticizes the Tinubu government’s handling of rising food inflation, stating official figures don’t reflect Nigerians’ rea Read More: https://punchng.com/adc-faults-tinubu-govt-over-rising-food-inflation/
The African Democratic Congress (ADC) has criticized the President Bola Tinubu-led government for its failure to address the rising cost of food in Nigeria. The opposition party argues that the government's focus on headline inflation numbers, which have slightly decreased, masks the ongoing increase in food inflation. According to the National Bureau of Statistics, while headline inflation moderated marginally from 15.91% in June to 15.43% in July, food inflation increased from 17.52% to 20.31% on a year-on-year basis.
The ADC notes that the gap between official economic indicators and the reality faced by Nigerians is widening, as basic food items remain unaffordable for millions. The party urges the government to acknowledge its limitations and provide an honest admission of failure, rather than continuing to deceive the public with propaganda.
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