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

A chieftain of the African Democratic Congress, ADC, Kenneth
Okonkwo, on Sunday accused President Bola Tinubu of afflicting Nigerians with
poverty using dubious statistics.

 

Featuring on Channels Television’s Sunday Politics, Okonkwo
accused Tinubu’s administration of practising voodoo economics.

He lamented the prices of food and transportation costs.

According to Okonkwo: “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.

“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.

“The definition of inflation is when the prices of goods are
rising, so if the prices of goods are rising and you are telling us that the
inflation figure is going down, that is voodoo economics.”

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