President Bola Tinubu has marked the second anniversary of his administration by assuring Nigerians that his economic reforms are working, and the worst of the hardship is over.
- Tinubu admits reforms have caused pain but insists they’ve stabilised the economy.
- Inflation is easing, and external reserves have reportedly grown from $4bn to $23bn.
- Tax reforms will remove VAT from essentials like food, rent, education, and health.
- Fiscal deficit is down, and IMF obligations have been cleared.
- Tinubu says Nigeria is now on a clear path to long-term prosperity.
Tinubu’s message is one of cautious optimism: “We know it’s been hard, but it had to be done.” After months of skyrocketing inflation and widespread frustration, the President is banking on economic indicators, like growing reserves and reduced debt pressure, to show that his tough choices are paying off. But for many Nigerians, the relief he promises still feels far away. His claim that “the worst is behind us” will be tested by what ordinary citizens feel in their wallets and kitchens over the coming months.
Tinubu says Nigeria is on the mend. But after two tough years, will his assurances ring true for everyday Nigerians? Let us know what you think.
