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PDP Says Nigeria’s Economy Is Getting Worse Under President Tinubu
The Peoples Democratic Party (PDP) has raised serious concerns about the worsening insecurity and declining economy under President Bola Tinubu’s administration. This was a key point during the PDP’s 99th National Executive Committee (NEC) meeting held on Tuesday in Abuja. The party also said it would carefully consider the South-East caucus’s resolutions at a special meeting scheduled for June 30, 2025. The NEC meeting, which faced several delays before finally taking place, focused on urgent issues affecting the country and the party.
In a statement read by Acting National Chairman Iliya Damagum, the PDP criticized the current government for what it called growing insecurity, economic struggles, and widespread corruption. The statement described the Tinubu-led administration as exploitative and out of touch with the people’s needs. It condemned inconsistent policies, corruption, budget misuse, and the loss of investor confidence, which have led to a decline in Nigeria’s infrastructure.
The PDP also accused the government of trying to weaken opposition parties by intimidating politicians and undermining democratic institutions. Despite these challenges, the party reaffirmed its commitment to democracy, the rule of law, and the people’s right to freely participate in a multi-party political system. The PDP made it clear that it will continue to stand against any moves to limit Nigeria’s democracy or create a one-party system.
Since Uber exited Nigeria, rumours have been circulating over why the company left the country. One of the claims suggested that FAAN was part of the reason for the exit.
The Federal Airports Authority of Nigeria (FAAN) has now addressed the rumours and claims of its involvement in Uber’s decision to leave Nigeria.
FAAN said it could not speak for Uber’s decision, noting that the company likely had its own economic and regulatory considerations for leaving Nigeria.
FAAN’s Managing Director, Olubunmi Kuku, said “I can’t speak to Uber’s exit from Nigeria. I am sure they have their own economic and regulatory decisions as to why they chose to exit.”
Governor of Akwa Ibom, Pastor Umo Eno, reflected on a career choice he made when he had no choice back then.
The governor recalled how he made not less than ₦10 million in a month from selling bread and akara.
He stated “I started selling Akara and bread. Back then, I was doing Akara Burger — we opened the bread and put Akara inside for you. I made not less than ₦10 million in a month.”
Many Nigerians reacted and wondered if his reflection was in response to what the First Lady advised Nigerians earlier about selling corn.
Uber makes headlines in Nigeria as it announces that it is leaving the country. The transportation and logistics business has been in operation in Nigeria since 2014 and suddenly announced its exit on September 2, 2026.
This started with users receiving a message from the team stating that the company would be leaving Nigeria, and the announcement quickly began trending as many Nigerians started talking about Uber’s exit.
Uber shared “We are writing to share some difficult news. After a thorough review of our business, we have made the tough decision to wind down our operations in Nigeria, effective 2 September 2026.
“This wasn’t a decision we made lightly, because it will have a real impact on our teammates and friends who have worked hard for Uber. It’s important to say that these changes are about how we’re organised and what we’re prioritising, not about anyone’s contributions to Uber, which we will always value,” Khosrowshahi said.
FAAN Breaks Silence on Claims Over Uber’s Departure From Nigeria
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