"There Is No Macro Looking Good": SDP's Adebayo Slams Tinubu's Twin Policies as Economic Illiteracy

There Is No Macro Looking Good: SDP's Adebayo Slams Tinubu's Twin Policies as Economic Illiteracy



"He is Wasting Everyone's Time": Adewole Adebayo Dismantles Tinubu’s Economic Performance Claims


Prince Adewole Adebayo, the presidential candidate of the Social Democratic Party (SDP), has launched a scathing critique against President Bola Tinubu’s administration, accusing the executive branch of systemic incompetence and "economic illiteracy." 


Speaking live on Channels TV's Politics Today, Adebayo completely rejected the notion that the government's harsh macroeconomic policies are yielding positive numbers behind the scenes.


Responding to assertions that the administration's "twin policies"—the removal of fuel subsidies and the floating of the naira—are generating positive macroeconomic indicators despite microeconomic hardship, Adebayo declared that a healthy macro economy cannot coexist with an unworkable micro environment. 


He stated bluntly that the President is simply wasting his own time and the time of over 200 million Nigerians by sticking to failed strategies.


The Three-Pronged Critique: Incompetence, Illiteracy, and Cooked Numbers


Adebayo argued that the federal government is suffering from three distinct administrative crises that must be corrected immediately before the country moves toward the 2027 general elections.


1. Generalized Incompetence


The administration lacks the basic operational capacity to properly execute institutional mandates or make public agencies work.


2. Deep Economic Illiteracy


The economic team fails to understand policy multiplier effects, choosing tools that squeeze the populace rather than maximizing the greatest good for the greatest number of people.


3. Shying Away from Reality


The government is fundamentally ashamed to face real figures, resorting to manipulated indicators while the subregion suffers.


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"In politics, the lies you can tell are endless. But in economics, there is a limit. The numbers will bite you at the end of the day. If you have 47% unemployment, you have it—there is no need cooking the numbers. If you have the worst inflation in your subregion and the developing world, you need to face that reality." — Prince Adewole Adebayo


Dismissing Opposition Drama: "Litigation is a Distraction"


When questioned on whether endless litigation within opposition parties is clearing a path for an easy APC victory in 2027, Adebayo dismissed the narrative as government-sponsored confusion.


He pointed out that the National Assembly and executive collaborated to deliver a highly complicated, convoluted Electoral Act. Because the framework is so deeply flawed, the courts are naturally striking down multiple provisions. 


Adebayo emphasized that historical elections in 2003 and 2007 suffered far higher rates of legal challenges, and litigation has never stopped a focused party from organizing effectively. 


Ultimately, he concluded, voters will judge the President on unfulfilled promises rather than court distractions.


 





Source: ChannelstV News Duration: 04:01


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