guest columnist By Bayo Onanuga
As President Bola Tinubu marks his third year in office today, the political landscape reflects a mix of sweeping reforms, deepening controversies and growing concerns over the…
In May 2023, President Bola Tinubu inherited acute petrol scarcity, an unsustainable petrol subsidy regime due to expire in June 2023...
Presidential aide Bayo Onanuga defends Tinubu's economic reforms, stating the president "took the bullets" to save Nigeria from fiscal collapse.
Tinubu marks year three defending subsidy cuts and FX reforms, citing Nigeria's stock index rising from 53,000 to 250,000 and market cap from ₦30T to ₦160T. Real macro gains, but 300%+ fuel inflation still pressures Nigeria-exposed operating costs.
As President Bola Tinubu marks his third year in office today, the political landscape reflects a mix of sweeping reforms, deepening controversies and growing concerns over the health of Nigeria’s democracy.
"Had we refused to act, our nation would have drifted toward fiscal breakdown, worsening poverty, and severe economic uncertainty."
Obinna Chima, Editor, THISDAY Saturday
Three years ago, when President Bola Ahmed Tinubu stood before Nigerians and declared that fuel subsidy was gone, he effectively set the...