Tinubu afflicting Nigerians with poverty, practicing voodoo economics – Kenneth Okonkwo

Chieftain of the African Democratic Congress, Kenneth Okonkwo, criticized President Bola Tinubu's administration on Sunday, alleging that the leader has subjected Nigerians to poverty through misleading economic statistics. Speaking on Channels Television’s Sunday Politics, Okonkwo accused Tinubu of employing "voodoo economics."

The politician highlighted the escalating costs of food and transportation as evidence of the deteriorating economic situation. Okonkwo stated, "George Sylvester made it clear that when a nation's growth rises on paper but the people sink in hunger, that is not progress, but polished poverty wearing the mask of statistics." He went on to say, "So what Tinubu is doing is afflicting Nigerians with poverty, and they are dubiously using statistics.

You can see how food prices are rising, transport prices are rising, and everything is rising while inflation is going down."

Okonkwo argued that inflation is defined as a rise in the prices of goods, so when inflation figures appear to decrease despite rising prices, it constitutes "voodoo economics." The accusation reflects growing public discontent with the current administration's handling of the economy.