Former Ekiti State Governor, Kayode Fayemi, has issued a public apology to Nigerians on behalf of the All Progressives Congress (APC), admitting the party’s failure to deliver on its promises to improve the lives of citizens. In a candid interview, Fayemi acknowledged that the APC had not fulfilled its campaign commitments, stating, “We must apologize to the Nigerian people. We have not succeeded in achieving everything we promised to the Nigerian people.”
Fayemi’s remarks come amid growing discontent among Nigerians, as nearly ten years of APC rule has failed to bring about the expected improvements in key areas such as security, the economy, and infrastructure. His apology highlights the party’s recognition of its shortcomings, although it remains to be seen how it plans to address these issues moving forward.
In May 2023, former President Muhammadu Buhari handed over power to his party colleague and former Lagos State Governor, Bola Tinubu. However, the change in leadership has not resulted in the hoped-for improvements, with the country grappling with increased economic challenges. One of Tinubu’s first actions as president was to remove the fuel subsidy, a move that many argue worsened the situation for millions of Nigerians.
The removal of the subsidy led to an immediate surge in fuel prices, exacerbating the cost of living and pushing many Nigerians further into poverty. Fayemi’s apology reflects the party’s recognition of the negative impact of such policies on ordinary citizens, with many now struggling to make ends meet in the face of rising costs.
New data from the International Monetary Fund (IMF) reveals that Nigeria’s GDP per capita has now fallen to the same level as Somalia, hovering around $800. This stark statistic has drawn significant attention, as it underscores the dire economic situation in the country. As Fayemi pointed out, the increase in real GDP has not translated into tangible improvements for the average Nigerian, casting doubt on the efficacy of the country’s economic policies.
Despite the increase in overall GDP, which typically signals economic growth, the benefits have not been widely felt by the population.
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