₦airaland Forum

ABUJA, FCT

JUNE 1, 2025

PRESS STATEMENT

*AMAECHI, ATIKU AND EL-RUFAI - A TRIO UNITED BY DESPERATION FOR SELF-SERVING POWER*

The All Progressives Congress (APC) strongly rejects the baseless allegation that the APC government of President Bola Tinubu was “weaponizing” poverty by not eradicating the scourge in two years - a feat they themselves failed to achieve during a quarter of a century in power.

These statements were reportedly made at a public lecture held in Abuja on Saturday, May 31, 2025, to mark the 60th birthday anniversary celebration of Chief Rotimi Amechi, former governor of Rivers state and former Minister of Transportation. But the celebration quickly dissolved into an occasion for Amaechi, Alhaji Atiku Abubakar, former Vice President, and Mallam Nasir El-Rufai, former Governor of Kaduna state and former Minister of the Federal Capital Territory - leading displaced rent-seekers - to showcase their frenzied desperation to grab power purely for their self aggrandizement.

These three individuals have occupied Nigeria’s highest political offices between 1999 and 2023, either as Vice President, Governors, or Ministers, among other important positions. In all 24 years, the trio, individually or collectively, could not and did not eradicate poverty in their states or the country. They did not even attempt to address, let alone tackle, the structural challenges and distortions that stifled the economy and worsened poverty over the years.

Rather, they reveled in mindless rent-seeking behavior, sold national assets to their cronies for mere pittance, engaged in corrupt and wasteful expenditures in their states, and relentlessly sponsored state violence against their own people.

Take the case of Amaechi, the celebrant, who served for an unbroken total of 24 years - eight years as Speaker of the Rivers State House of Assembly, eight years as Governor of Rivers State, and eight years as Minister of the Federal Republic of Nigeria. That’s about a quarter of a century of freeloading by Amaechi on state resources, with absolutely no record of attempting to combat poverty in his Rivers State or the country.

When Amaechi declared, “I am hungry,” he must mean, and must be understood to mean, that he is hungry and desperate to return to his felt entitled dependency on state resources and patronage. That he is hungry barely two years out of office simply underscores the depth of the self-serving motivations of Amaechi and his coalition partners in their quest for power for selfish exploitation, and not for the interest of the people.

Nigerians see right through their disruptive politicking. Amaechi and his cohorts are losing their grip on the economy. Accustomed to fleecing the economy, they are now compelled by Tinubu’s unprecedented reforms to adapt to a new reality where hard work, productivity, and innovation are rewarded. Their criticisms of President Tinubu's reforms are decidedly self-serving, driven by a desperate quest for power to satiate their voracious rent-seeking appetite, which has long stifled and denied progress to the economy.

On contrary, it was the failure of previous administrations, particularly 16 years of PDP administrations, to allow the Naira to find its real value that created the economic conditions of poverty that the present administration is now addressing.

The erstwhile artificially overvalued Naira stifled local production, encouraged import dependency, and exacerbated poverty. Ironically, Atiku and Peter Obi, who are now vociferously criticizing President Tinubu’s policies, amassed their wealth from the very import-dependent system they are desperately trying to preserve.

Atiku, a former Custom Officer, and Obi, a successful importer, reaped enormous benefits from the old system. Their criticisms reek of special interest masqueraded as concern for the people. By allowing market forces to determine the Naira's value, the administration is taking necessary bold steps to catalyze economic growth, incentivize investment, boost competitiveness, and alleviate poverty.

Indubitably, in two years, President Tinubu has demonstrated political will to tackle structural barriers to the country’s economic growth and development far more than any other President in Nigeria’s modern history. By his bold economic reforms, President Tinubu is systematically building the most potent bulwark against poverty and positioning the economy to deliver sustained and sustainable growth and prosperity for all Nigerians.

The criticisms variously leveled by Amaechi, Atiku, El-Rufai and Peter Obi mask a shameless attempt to perpetuate and cling to the old rent-seeking economy that enriched them at the expense of the Nigerian people.

As beneficiaries of the corrupt and inefficient economic system, they are discomforted that Tinubu's reforms are dismantling the insidious and permissive system that enabled and sustained their reckless plunder and exploitation of the economy.

Meanwhile, Nigerians in productive sectors are reaping the benefits of reforms that have increased opportunities and income. Entrepreneurs, farmers, and service providers are thriving, while rent-seekers like Amaechi and his coalition partners are left seething with rage at the disruption of their ability to milk the system for personal gain as before.

The removal of fuel subsidy has been a game-changer. It ended massive corruption that plagued the fuel subsidy enterprise, eliminated perennial shortages and queues at petrol stations, and has sparked a surge in investments in the oil and gas and other sectors of the economy, further expanding opportunities for businesses and individuals.

The harmonization of multiple exchange rates has further bolstered Nigeria's competitiveness in the global market for goods and capital. With increased revenue, the federal, state, and local governments are now investing more in critical infrastructure, education, health, security, and social welfare.

Importantly, states that previously struggled to pay N30,000 minimum wage are now paying a significantly higher minimum wage of N70,000 per month. This is a testament to the administration's commitment to improving the welfare of Nigerians.

The President’s reforms are dawning a new day for Nigeria, now witnessing economic transformation never before seen in our country’s history, driven by proper pricing of the Naira and fuel, and steadily transitioning the country from a consumption-laden to a production-oriented economic powerhouse.

Our trade balances are seeing a drastic improvement, with a sharp decline in imports and a steep rise in exports, reporting impressive trade surpluses and economic growth rate of 4.6 percent in the last quarter of 2024, representing the highest growth rate in a decade, amid significant decline in global price of crude oil.

This turnaround is a direct testament to the government's steadfast efforts to promote local production, entrepreneurship, and economic diversification, ultimately paving the way for a more sustainable, resilient, and prosperous economy.

Indications of a steadily rebounding economy are now manifest in all sectors of the economy. Local industries are booming, and our reliance on imports is plummeting. The Dangote Refinery is revolutionizing the market with its products in Nigeria, while manufacturers in the South East are producing top-notch products in unprecedented quantities, generating thousands of jobs and stimulating economic growth. This progress is a monumental step towards achieving food security, industrialization, and sustainable economic growth.

President Tinubu has genuinely prioritized the best interest of Nigerians over any political electoral calculation. The administration’s reforms may have transient higher cost of living implications challenges, but they are indispensable to securing a more sustainable economy that rewards hard work, innovation, and entrepreneurship.

Mr President is on course, and will not be distracted by the selfish partisan rambling of some hardened political opportunists and economic exploiters only bent on preserving the old inefficient and permissive economic system that fed them at the expense of the common good of all.

The best strategic interest of our economy and the good people of Nigeria must continue to trump any and all political or electoral calculations.

Signed:
*Felix Morka, Esq.*
National Publicity Secretary
All Progressives Congress (APC)

chiiraq802:
I'm just eager to know what they will campaign with cuz the trio Polithiefcally finished losers also campaigned in 2015 wishing Heaven on earth.
Heaven we no see, even earth we no see.

I just dey imagine wetin dem wan sell to Nigerians.... desperate losers

Racoon:
Yes they are but emilokan was based on what? The same power the duncehead on seat that said snatch it, grab it and run away with it was not desperate?

franchasng:
The only thing that can save Tinubu from being sent packing in 2027 is if Peter Obi refused to deputize Atiku or if Atiku refuses to step aside for Obi to fly the coalition ticket



Tinubu should better leave all the people deceiving him and go find way to beg Obi not to join the coalition because if Obi joins them and agrees to run with Atiku, Pa Bola Tinubu is a goner and he knows it

helinues:
They are even yet to tell us what they are going to do differently,they are only desperate to grab power

lexy2014:
what has tinubu done differently since he grabbed power?

has he improve nigeria and made the lives of nigerians better?

franchasng:
The only thing that can save Tinubu from being sent packing in 2027 is if Peter Obi refused to deputize Atiku or if Atiku refuses to step aside for Obi to fly the coalition ticket



Tinubu should better leave all the people deceiving him and go find way to beg Obi not to join the coalition because if Obi joins them and agrees to run with Atiku, Pa Bola Tinubu is a goner and he knows it

kmst:
Una go write epistles tire
Someone shouted emilokan but you guys didn't see the desperation!

helinues:
Shove it

Kam2021:
Why should it always be Amaechi championing the removal of a Southern president?
This his politics of it must be me ,or no one else may not this time.Tinubu is not GEJ.