PDP Slams Tinubu’s ₦58.47 Trillion 2026 Budget, Says It Consolidates Economic Hardship, Deepens Poverty And Reflects Policy Failure In Nigeria

The Peoples Democratic Party (PDP) has strongly criticised President Bola Tinubu’s ₦58.47 trillion 2026 budget proposal, describing it as a framework that entrenches hardship, worsens poverty and exposes failures in economic management. While the presidency projects the budget as one of “Consolidation, Renewed Resilience and Shared Prosperity,” the opposition party argues that Nigerians continue to face rising inflation, hunger and high living costs despite reported GDP growth of 3.98 per cent. The PDP faulted the government’s macroeconomic assumptions, questioned the inclusiveness of economic growth, and cited World Bank data showing that over 30.9 per cent of Nigerians live below the extreme poverty line. The party also raised concerns over security spending efficiency, alleged concurrent operation of multiple budgets, and warned that weak transparency and accountability would further erode public trust as lawmakers begin scrutiny of the proposal.
PDP Slams Tinubu’s ₦58.47 Trillion 2026 Budget, Says It Consolidates Economic Hardship, Deepens Poverty And Reflects Policy Failure In Nigeria The Peoples Democratic Party (PDP) has strongly criticised President Bola Tinubu’s ₦58.47 trillion 2026 budget proposal, describing it as a framework that entrenches hardship, worsens poverty and exposes failures in economic management. While the presidency projects the budget as one of “Consolidation, Renewed Resilience and Shared Prosperity,” the opposition party argues that Nigerians continue to face rising inflation, hunger and high living costs despite reported GDP growth of 3.98 per cent. The PDP faulted the government’s macroeconomic assumptions, questioned the inclusiveness of economic growth, and cited World Bank data showing that over 30.9 per cent of Nigerians live below the extreme poverty line. The party also raised concerns over security spending efficiency, alleged concurrent operation of multiple budgets, and warned that weak transparency and accountability would further erode public trust as lawmakers begin scrutiny of the proposal.
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