President Bola Tinubu’s approval rating has fallen to 30.2 percent, with nearly half of Nigerians expressing dissatisfaction with his administration as worsening household economic conditions continue to shape public sentiment despite signs of macroeconomic recovery, a new nationwide survey has found.

The survey, conducted by Eagle Badger Data Analytics (EBDA) to mark the president’s third year in office, showed that 47.5 percent of respondents disapprove of Tinubu’s performance, while 18 percent remained neutral and 4.4 percent declined to respond.

The findings represent a deterioration from the polling firm’s mid-year survey conducted a year earlier, when approval ratings were seven percentage points higher and disapproval levels four percentage points lower.

According to the report, Nigerians’ perception of their personal economic situation over the past three years emerged as the strongest determinant of their assessment of the government, outweighing all other factors measured.

“The most important finding in this survey is not the approval figure,” said Sharon Orisakwe, managing director of EBDA. “It is the strength of the link between economic experience and public sentiment. Until that experience improves at the household level, sentiment is unlikely to move, whatever the aggregate indicators show.”