Why Nigerians Are Still Bearing the Cost of APC’s Economic Reforms

I believe removing the petrol subsidy and floating the naira at the same time was a major policy error. Transport, logistics and food costs rose sharply, while the weaker naira made imported goods, equipment and energy more expensive. Many households lost purchasing power, and small businesses have struggled to survive. The government says subsidy removal has saved trillions of naira, but Nigerians deserve to see clear results. Public healthcare, education, electricity and rural infrastructure have not improved in proportion to the money reportedly saved. Meanwhile, citizens are asked to endure hardship while government spending and political privileges remain high. I also question whether reserve growth and capital inflows reflect real economic progress. Short-term investments attracted by high interest rates cannot replace factories, jobs and local production. Lasting relief requires better security for farmers, stronger agricultural output, affordable energy and policies that protect ordinary Nigerians from rising food prices.

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