The Labour Party, LP said President Bola Tinubu's administration has to a large extent developed a grim picture of the prevailing situation, linking it to a surge in crime rates, particularly among the youth, and a concerning rise in suicide cases in Nigeria.
LP insisted that the government led by President Tinubu has run out of ideas in the face of the bitting economy bedevilling the nation.
The party’s National Publicity Secretary, Obiora Ifoh stated this in a statement, made available to newsmen.
Ifoh expressed deep concern over the increasing number of Nigerians receding below the poverty line.
Emphasizing the rising cost of living and a severe food shortage crisis affecting millions of Nigerians, the LP pointed to recent protests in Minna, Niger State, as a direct consequence of a substantial increase in essential commodity prices.
Criticizing the abrupt removal of fuel subsidies and the foreign exchange crisis, the LP condemned the government for going awry to take adequate measures to mitigate the impact on the Nigerians.
LP also accused Tinubu's administration of increasing spending on the extravagant lifestyles of elected officials while corruption among government officials worsened.
“There is an air of despondency across the nation. The immediate fallout of this situation is increasing crime, particularly among the youths who are desperate to remain alive; incidences of suicide are on the upswing.
“It has now become a familiar scene for people to jump into the Lagoon, hang themselves or take lethal substances.
“It is either that the government is bereft of ideas on how to check this unfolding catastrophe or that it chose to continue to act as if it is still campaigning for office. This is no time for politics.”
“The economic turmoil we are suffering today is a result of this poor sense of judgment.
“Sadly, amidst all of these, the All Progressives Congress administration has increased its spending on the lavish lifestyles of its elected officials, and corruption among government officials has never been worse,” part of the statement read.
