The African Democratic Congress (ADC), has accused President Bola Tinubu’s administration of turning Nigeria into a “graveyard of businesses,” following Uber’s decision to exit the country after 12 years of operation.
Bolaji Abdullahi, National Publicity Secretary of the ADC in a statement on Thursday, said Uber’s exit, alongside the shutdown or downsizing of several multinational companies, amounted to a “vote of no confidence” in the Tinubu administration’s economic policies.
The opposition party said it was contradictory for the government to celebrate a marginal 0.2 percentage-point improvement in GDP while businesses were closing, jobs disappearing and Nigerians struggling with rising living costs.
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“Certainly, a 0.2% growth does not justify the extreme hardship that Nigerians are suffering,” the ADC said. The party argued that poverty had risen to 63%, affecting an estimated 140 million Nigerians.
