Chief Ralphs Nwosu, the National Chairman of the African Democratic Congress (ADC), has urged President Bola Tinubu’s administration to halt what he termed the “senseless borrowing” that he believes has contributed to Nigeria’s economic difficulties.
Speaking during the party’s National Executive Council (NEC) meeting in Abuja on Tuesday, Nwosu criticized the Federal Government’s escalating borrowing habits and its ineffective economic policies, which he said have worsened the nation’s financial instability.
He called for an immediate overhaul of the government’s fiscal approach.
In addition to addressing national economic issues, Nwosu revealed that the ADC was taking steps to address a common problem in Nigerian politics: politicians using the party as a springboard for electoral success, only to abandon it once they assume office.
Nwosu also commended the Independent National Electoral Commission (INEC) for its support of Alternative Dispute Resolution (ADR) mechanisms in resolving electoral conflicts.
He highlighted the ADC’s use of ADR to settle internal disputes and promote unity within the party.
“The ADC has successfully resolved internal disputes and fostered unity through the INEC-backed ADR process. This underscores our commitment to internal democracy and inclusiveness,” Nwosu stated.
Reflecting on the party’s journey since its formation in 2006, Nwosu expressed the ADC’s ambition to become a dominant political force by 2027.
He emphasized the importance of building stronger alliances, citing the ongoing partnership with the People’s Redemption Party (PRP), and called on party members to work together with renewed unity and focus.
“After 20 years, it’s time to get things right. If I have wronged anyone, now is the time for reconciliation. By 2025, the ADC will be the leading party in Nigeria,” he said.
Nwosu also addressed the challenges the party faced following a factional split after its 2023 presidential candidate.
As part of efforts to heal the rift, Nwosu announced that bans placed on certain members would be lifted, signaling a new beginning for the ADC.
He further emphasized the need for the ADC to build strong, enduring institutions and urged members to strive for greater success.
“Why do we only elect a few to public office? Why can’t we dominate the legislative houses?” he asked.
Looking ahead, Nwosu expressed optimism about the party’s reforms, confident that the ADC would soon emerge as the party of choice for Nigerians.
The NEC meeting, held during the festive Christmas season, was described by Nwosu as a symbolic “new beginning” for the party, reinforcing its commitment to unity, love, and progress.
