The African Democratic Congress has challenged the Bola Tinubu administration to account for about N15.8tn in additional resources reportedly generated from petrol subsidy removal and foreign exchange reforms between June 2023 and December 2025.
The opposition party said the increased government revenues and higher allocations to the three tiers of government had failed to translate into a corresponding improvement in the living conditions of Nigerians.
The ADC made the demand in a statement issued on Saturday by its National Publicity Secretary, Bolaji Abdullahi, while reacting to comments attributed to Senator Abdul’aziz Yari, Director-General of President Tinubu’s 2027 campaign.
The party said figures attributed to the Minister of Finance indicated that the reforms generated approximately N15.8tn in additional resources for the Federation during the period under review.
According to the ADC, the Federal Government received about N5.4tn from the additional resources, while state governments got a similar amount and local governments received about N3.9tn.
It also cited Federation Account Allocation Committee figures showing that states collectively received about N47.25tn between 2023 and 2025.
The party said state allocations increased from N10.09tn in 2023 to N15.26tn in 2024 and N21.90tn in 2025, while monthly FAAC distributions had risen above N2tn, compared with less than N1tn before the subsidy removal.
Despite the sharp increase in public revenues, however, the ADC argued that Nigerians were yet to see corresponding improvements in their daily lives.
It said the price of petrol had risen from about N185 per litre in May 2023 to above N1,300 in several parts of the country by August 2025, while food inflation at some points exceeded 40 per cent.
The party added that transportation costs had also risen sharply, worsening the financial pressure on households.
It questioned the extent to which the Federal Government’s promised Compressed Natural Gas mass-transit alternative had reduced transportation costs for ordinary Nigerians.
The ADC therefore challenged the government to publish details of how the additional revenues had been spent.
“Before asking Nigerians for four more years, Senator Yari and the APC must answer one question: after N15.8tn in additional resources, record FAAC allocations and three years of unprecedented sacrifice, are Nigerians better off?” the party asked.
The opposition party also turned its scrutiny to state governments, expressing concern over increased borrowing despite the substantial rise in FAAC allocations.
It cited reports that about 20 states borrowed N458bn in 2025 and demanded details of the projects financed with the funds.
The ADC said states and local governments should be compelled to account for the additional resources accruing to them since the reforms.
“After N47.25tn to states in three years, Nigerians have a right to ask: where are the results?
“If states received an additional N5.4tn from the reforms, let the government publish the projects,” the party said.
It demanded details of investments in schools, hospitals, roads and mass-transit systems, arguing that such projects should be visible to Nigerians who have borne the burden of the government’s economic reforms.
The party also criticised the administration over the rising cost of living, saying workers’ incomes had become increasingly inadequate to meet basic household needs.
It alleged that poor budget implementation, unpaid local contractors and deteriorating public infrastructure had further compounded the hardship.
The ADC said the 2027 general election would provide Nigerians with an opportunity to assess the performance of the Tinubu administration against the economic sacrifices they had made since 2023.
It challenged the administration to present a concrete plan for reducing the prices of petrol, food and transportation before seeking another term.
“If Senator Yari says subsidy can never return, then he must tell Nigerians what the President’s campaign is offering instead.
“What is the plan to dramatically reduce petrol prices and bring down food and transportation costs before 2027?” the party asked.
The ADC clarified that it was not calling for a return to the previous petrol subsidy regime, which it described as opaque and vulnerable to corruption.
Instead, it proposed greater investment in domestic refining and targeted, transparent interventions designed to reduce fuel prices and ease the cost-of-living crisis.
The party maintained that the central issue ahead of 2027 would be whether political parties could offer credible solutions to the economic hardship confronting Nigerians.
“Nigerians have sacrificed enough. They need a break,” the ADC said.
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