Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has defended the administration’s economic reforms, insisting that the government took painful but necessary decisions to prevent Nigeria from slipping into fiscal collapse.
In an article titled “Bola Tinubu: the man who took the bullet for Nigeria to survive,” Onanuga accused opposition politicians of intensifying misinformation ahead of the 2027 elections despite what he described as notable achievements recorded under the current administration.
According to him, President Tinubu inherited a fragile economy in 2023, burdened by fuel scarcity, multiple exchange rate systems, rising debt servicing obligations, low government revenue, and an unsustainable fuel subsidy regime.
He argued that the removal of fuel subsidy and the floating of the naira were difficult but unavoidable reforms that helped stabilise public finances and significantly increased allocations to state governments.
“The man who has taken the bullets to make Nigeria survive a fiscal disaster is even more willing to take additional bullets to make all Nigerians safe,” Onanuga stated, while adding that the increased allocations had enabled several states to fund projects, pay salaries, and improve service delivery.
He also highlighted developments in infrastructure, including the Lagos-Calabar Coastal Highway project, reforms in the energy sector, student loan disbursement through NELFUND, and credit initiatives under CREDICORP. While acknowledging that insecurity remains a challenge, he said the administration is strengthening security operations and international cooperation, maintaining that the Tinubu government would ultimately be remembered for implementing far-reaching reforms.
Elijah Adeyemi
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