According to the report from the Sun, the presidential candidate of the Social Democratic Party in the 2023 election, Prince Adewole Adebayo compares the current situation in Nigeria to a biblical story about a new king who announces he will punish his people with even more brutal methods than his father. He argues that President Tinubu, with his stronger market orientation, is following the footsteps of President Buhari, but with harsher policies.
He believes that this trend will continue with subsequent presidents unless there is a social revolution. He draws a parallel with Brazil, a country with a thriving industry but still plagued by poverty and a destructive cycle of neo-liberalism.
He said, "What is happening is like that biblical story where a new king said to the people, “My father chastised you with whips but I’m going to chastise you with scorpions”. So that is the situation now. Because the trajectory is that Tinubu is stronger, firmer, and more market-oriented than Buhari. If you follow that tradition, the president that will come after President Tinubu will even be more so.
So, none of these prices will ever come down unless you have a social revolution, where you say, no, I don’t want that because the ding-dong that goes on in Brazil once people get serenaded, and they forget, and the neo-liberals take over in Brazil, everything goes haywire, they exploit the people and they leave poverty everywhere, yet Brazil is doing well, producing jets like Embraer and all of that, so you have a thriving industry, but poverty continues."