Hardship: Ologbondiyan Says Nigerians Are Selling Cars, Homes to Survive Rising Cost of Living

Former National Publicity Secretary of the Peoples Democratic Party (PDP), Kola Ologbondiyan, has raised concerns over the economic pressures facing Nigerian households, saying some citizens are being forced to sell personal assets, including cars and homes, to meet basic needs.

Ologbondiyan made the remarks during an interview on Symfoni TV on Sunday, September 27, 2026, while discussing the prospects of the African Democratic Congress (ADC) ahead of the 2027 presidential election and the factors that could shape voters’ decisions.

According to him, the everyday economic realities confronting Nigerians would remain a major issue in the political conversation ahead of the 2027 elections.

> “Are you not aware that Nigerians are selling their cars to survive? Selling cars to train children. Are you not aware? Selling homes. Are you not aware?”

 

Ologbondiyan argued that political parties and candidates would need to address the practical concerns of citizens, particularly the rising cost of transportation, food, education and other essential needs.

He also linked the pressure on vehicle owners to the increased cost of petrol following the removal of the petrol subsidy in 2023, saying some families who can no longer comfortably maintain their vehicles have resorted to parking them, selling them or relying more heavily on public transportation.

Reports in recent years have also documented cases of Nigerians selling vehicles amid economic pressures and rising transportation and fuel costs.

Ologbondiyan maintained that the economic situation of ordinary Nigerians, rather than social-media popularity or political branding alone, would be an important consideration as citizens assess political alternatives ahead of 2027.

He said the ADC’s campaign approach would focus on communicating policies aimed at addressing the cost-of-living crisis and improving the purchasing power and welfare of Nigerians.

The ADC campaign spokesperson further called for sustained political education, arguing that Nigerians should understand the connection between government policies, leadership decisions and their everyday economic circumstances.

His comments come as the ADC continues its preparations for the 2027 general elections and increases its public engagement on economic and governance issues. The party has recently placed emphasis on accountability and transparency in government, including its demand for clarification from the Presidency over President Bola Tinubu’s prolonged absence from Nigeria.

The 2027 election debate, Ologbondiyan suggested, will therefore increasingly include questions about how political choices and economic policies affect the daily lives and purchasing power of ordinary Nigerians.