The African Democratic Congress (ADC) has called on the Federal Government to focus on the full context of recent remarks by Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organization (WTO), rather than selectively highlighting her commendation of economic “stability.”
In a statement signed by its National Publicity Secretary, Mallam Bolaji Abdullahi, the ADC expressed concern that government officials and affiliated media have amplified only a portion of Dr. Okonjo-Iweala’s comments, while ignoring her more urgent message on Nigeria’s struggling economy and the growing hardship faced by millions.
“Dr. Okonjo-Iweala’s brief nod to macroeconomic stabilization has been mischaracterized as a wholesale endorsement of the government’s policies. In truth, her full message emphasized the need for urgent economic growth, job creation, and strong social safety nets,” the statement said.
The ADC underscored that a stable economy must be defined not merely by policy shifts or fiscal indicators but by tangible improvements in people’s lives — including access to jobs, food, and basic services.
“Stability that leaves the majority of citizens in worsening poverty is hollow. Dr. Okonjo-Iweala made it clear that while stabilization may have begun, it is meaningless without inclusive growth and targeted support for vulnerable populations.”
The party further pointed out that Nigeria’s current economic performance paints a sobering picture. GDP growth remained sluggish in the first half of 2025, while inflation continues to erode household income, with food and energy prices placing an unbearable burden on citizens. The naira’s depreciation and skyrocketing fuel prices have left businesses struggling and families reeling.
According to the ADC, these trends reflect the real impact of the administration’s economic reforms — including the removal of fuel subsidies, naira devaluation, and increased tariffs — which, while perhaps well-intended, have lacked the necessary cushioning mechanisms to protect the poor.
The party also welcomed Dr. Okonjo-Iweala’s recent clarification, in which she emphasized that Nigerians are experiencing hardship due to ongoing reforms, and highlighted the importance of accelerating programs to support the most vulnerable, while working to grow the economy and create jobs.
“Dr. Okonjo-Iweala’s intervention should be seen not as political praise, but as a professional and principled reminder that stabilizing macroeconomic variables is just the beginning — the real work lies in ensuring that growth is felt in the lives of everyday Nigerians.”
In conclusion, the ADC urged the Tinubu administration to move beyond celebration and instead focus on meaningful, inclusive reforms that deliver real economic relief. The party reiterated that Nigeria needs more than slogans — it needs results.
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