A prominent member of the All Progressives Congress (APC), Joe Igbokwe, has intensified his criticism of Nigeria’s economic situation under President Bola Tinubu, expressing deep concern over the nation’s weakening currency.

Igbokwe, who was an active campaigner for Tinubu during the 2023 elections, took to social media on Friday to voice his frustration following a recent report from the World Bank that declared the Nigerian naira as the weakest currency in Africa.

In his Facebook post, Igbokwe highlighted the paradox of Nigeria’s economic potential, stating that the country’s abundant resources and demographic advantages do not align with the current economic assessment.

Igbokwe wondered why the “currency of the most endowed and populous country in Africa with the most educated people, huge and fertile landmass, favourable weather and excellent talents among other advantaged factors, has the weakest currency in Africa.”

He attributed the dire economic situation to widespread nepotism and a self-serving approach to governance, lamenting that “almost everybody is working for themselves; nobody is working for this great country.”

This is not the first time Igbokwe has raised concerns about the administration’s policies. In September, he criticized the new electricity tariffs and urged President Tinubu to take action to alleviate the burden on citizens.