The Allied Peoples Movement (APM) has called on President Bola Tinubu to apologise to Nigerians and to withdraw from the 2027 presidential race after the Minister of Budget and Economic Planning, Senator Abubakar Bagudu, reportedly admitted that some of the Tinubu administration’s reforms had contributed to the country’s cost‑of‑living crisis.
Bagudu made the remarks at the Federal Appointees Strategic Summit in Abuja on Wednesday, saying that the reforms introduced by the current government had put pressure on living costs. The APM said the statement vindicated its long‑standing criticism of the administration’s economic policies.
In a statement, APM National Publicity Secretary Abubakar Yusuf said the government had “failed to put adequate safeguards in place before implementing major economic reforms.” The party highlighted the removal of the petrol subsidy, the floating of the naira and the introduction of new taxes as measures that, according to it, “would precipitate untold hardship on the people.” It accused the Tinubu administration of “ego trip and chest‑thumping” that had “ruined the economy and crippled the productive sector.”
The APM further alleged that the policies had caused multinational companies to leave Nigeria, businesses to close, living costs to rise and unemployment to spread. It claimed that “over 60 per cent of the Nigerian population” were unable to afford daily meals and medications, though it did not provide supporting data for the figure.
“Now that the administration has admitted that it has failed and that it is responsible for the woes of the citizens, it is expected that President Tinubu should take responsibility, apologise to Nigerians and quit the 2027 presidential race,” the party said. It said the minister’s comments “firmly settle the fact that the Nigerian system requires a hard reset from the comatose situation it has been plunged into by the All Progressives Congress government.”
In addition to its demands, the APM promoted the candidacy of Oyo State Governor Seyi Makinde. It praised his record in Oyo, describing the state as “one of the best performing in Nigeria and the West African sub‑region,” and urged Nigerians to rally behind Makinde in the upcoming election on 16 January 2027.
<small>Source: The Sun Nigeria — read the original story there.</small>
