BLAMING OPPOSITION FOR HUNGER IS ‘DELUSION’, ATIKU TELLS TINUBU. (PHOTO).

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Blaming opposition for hunger is ‘delusion’, Atiku tells Tinubu Former Vice President Atiku Abubakar has accused President Bola Tinubu of blaming the opposition for the country’s economic hardship. He said the President was trying to evade responsibility for his administration’s policies. Tinubu had earlier on Saturday blamed his political opponents for hunger and poverty in the country while speaking at the All Progressives Congress presidential campaign flag-off in Kaduna. “I hear my opponent talking about hunger, poverty. Who created it? They did! They created the hunger, they created the poverty. We are trying to eradicate it,” the President said. Atiku, the presidential candidate of the African Democratic Congress, said Nigerians were entitled to demand answers from the APC-led government over rising living costs, poverty, insecurity and questions surrounding public expenditure. In a statement issued on Saturday by the Director of Strategic Communication of the ADC Presidential Ca...

NLC URGES IMF, WORLD BANK TO HALT LOANS TO UNACCEPTABLE GOVERNMENTS. (PHOTO).


 

In a bold move, the Nigeria Labour Congress (NLC) has called on the International Monetary Fund (IMF) and the World Bank to stop lending money to governments that fail to account to their citizens. NLC President Joe Ajaero made this plea during the 2025 high-level meeting of the global labour movement, IMF, and World Bank at the World Bank office in Washington, D.C.¹


Ajaero emphasized that loans to unaccountable governments only exacerbate the crisis of governance and push nations deeper into debt and underdevelopment. He also criticized the IMF and World Bank's economic prescriptions, which have worsened poverty and undermined Nigeria's development over the years.


The NLC president urged the Bretton Woods institutions to abandon blanket austerity measures and instead support developing nations in crafting progressive tax policies that protect the poor and vulnerable. He argued that the current global economic order perpetuates inequality, with regressive tax policies placing a disproportionate burden on the poor.


Ajaero cited Nigeria's proposed tax bills as an example, which plan to impose taxes on individuals earning as little as N800,000 per annum (approximately $500 USD). He described this as a regressive tax proposal that would further entrench corruption, inequality, and undermine democracy.


The NLC's call to action comes as the IMF and World Bank face growing criticism for their lending practices and economic policies. As Ajaero noted, lending to unaccountable governments is not development, but exploitation. He urged the IMF and World Bank to rethink their approach and prioritize transparency, accountability, and the protection of workers' rights.

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