Abuja
Presidency: Two Years Insufficient To Judge Tinubu’s Administration
Presidency: Two Years Insufficient To Judge Tinubu’s Administration
Presidency: Two years insufficient to judge Tinubu’s administration. According to him, many companies are now investing and producing in Nigeria.
Bayo Onanuga, special adviser on media and information strategy to President Bola Tinubu, says Nigerians will soon experience a reduction in the cost of living, as the effects of the administration’s economic reforms start to materialise
Speaking to journalists in Lagos on Sunday, Mr Onanuga stated that the positive effects of Mr Tinubu’s policies would soon be felt across all segments of the nation.
Mr Onanuga highlighted that Mr Tinubu had not only introduced progressive reforms but had also tackled challenges that previous administrations avoided.
He added that two years is an insufficient yardstick to fully measure the administration’s achievements, noting that policy experts typically assess the impact of policies over a period of 10 years to 12 years.
“The President’s years in office began with clear policy directions and implementation.
“A lot of reforms have taken place across sectors. The president has laid down many fundamentals that would ensure growth,” he stated.
He acknowledged that while the positives of the president’s actions over the past two years were gradually trickling down, a significant paradigm shift had occurred in the economy, addressing many pre-existing problems.
Mr Onanuga, while referring to the situation before the subsidy removal, said, “There was no fuel. Many stations were saying no fuel, no fuel.
“What was happening at that time was that the NNPC had reached the bottom point. It had no money to import fuel, it claimed that it was owing suppliers about six billion dollars and the government was owing it about four trillion dollars. So, it could not import any more.”
Addressing concerns about borrowing, Mr Onanuga clarified that it is a common practice globally, with even countries like the U.S. engaging in it.
Tinubu Government
“Nigeria has abundant resources that we are harnessing, but not as much readily available money as people might think,” he explained.
He stressed that borrowed funds were not squandered but rather used for their intended purposes, citing large-scale projects like the coastal roads that necessitate external financing due to their immense benefits.
Regarding currency devaluation, Mr Onanuga explained that it is a universal economic principle, citing instances where even the UK and the U.S. have resorted to it.
“Even UK and the U.S. at some point devalued. These are economic principles that are universal and cannot be changed because it is Nigeria,” he asserted.
He added that the government had made tough decisions and simultaneously created opportunities through infrastructure development, noting that many ongoing road constructions were not initially part of the budget.
Mr Onanuga further stated that Nigeria had seen an increase in production and a rise in disposable income.
He pointed to companies like Nestle and Nigerian Breweries, which initially faced challenges but were now sourcing materials locally and reporting profits.
“This economy has opened up opportunities in many forms for Nigerians. Those who can really exploit it. And they are making money,” he emphasised, giving examples of individuals making profits from exporting agricultural products like cocoa and even Zobo.
According to him, many companies are now investing and producing in Nigeria, and these positive shifts will soon become evident and tangible for all Nigerians.
Mr Onanuga stressed the importance of public understanding of the economic context, saying, “We don’t do our people any good when we keep on pushing stories of gloom and doom without allowing them to see the truth, without allowing them to see the context, and without allowing them to know that there’s actually light at the end of the tunnel.”
Obi, Amaechi, Others Meet In Abuja, Discuss Nigeria’s Democratic Future
Rotimi Amaechi, former minister of transportation, on Saturday hosted Peter Obi, the 2023 presidential candidate of the Labour Party (LP), and other opposition leaders at his Abuja residence.
Victor Umeh, senator representing Anambra central, Achike Udenwa, former governor of Anambra; and Victor Oganku were also at the meeting.
TheCable understands that discussions by the politicians centred on strengthening the opposition front and Nigeria’s democratic future.
Amaechi, Obi and former Vice-President Atiku Abubakar are members of the African Democratic Congress (ADC) and are eyeing the party’s presidential ticket ahead of the 2027 elections.
The former minister contested the All Progressives Congress (APC) presidential primary and came second behind President Bola Tinubu, who won the party’s ticket.
In March, Bolaji Abdullahi, national publicity secretary of the ADC, said the party was working to adopt a consensus approach in selecting its presidential candidate for the 2027 poll.
Abdullahi said the party had the options of direct primaries and consensus for electing its presidential candidate, adding that indirect primaries were “no longer on the table”, as stipulated in the amended Electoral Act.
Speaking during an interview on Channels Television on Friday, Amaechi said he has positioned himself as a viable contender for the next presidential race on the ADC platform.
Amaechi rejected the call for a consensus arrangement within the ADC ahead of the 2027 poll, insisting that aspirants must be allowed to test their popularity at the ballot.
Peter Obi
He said Nigerians are yearning for competent leadership to address economic hardship and insecurity.
The former governor of Rivers, however, said he would support Abubakar if the former vice-president emerges as the party’s standard-bearer for the 2027 presidential poll.
FG Warns Against Illegal Use Of Ambassador Title, Fake Diplomatic Identities
President Bola Tinubu-led federal government has warned against the rising abuse of diplomatic titles in Nigeria, particularly the illegal use of the designation “Ambassador” by unauthorised individuals and groups.
The warning was contained in a statement issued on Friday by the spokesperson for the Ministry of Foreign Affairs, Kimiebi Ebienfa, in Abuja.
“Some of the persons conferred illegally with the Ambassadorial titles unfortunately parade themselves as such in official communications and even in engagements with foreign embassies in Nigeria which has caused serious embarrassment to the federal government.
“The Ministry warns that individuals parading themselves as “Ambassadors” based on such deceitful conferment are engaging in impersonation, which is a criminal offence and therefore strongly cautions all persons involved in such illegalities or parading themselves as Ambassadors to desist forthwith,” the statement said.
The government also raised alarm over the use of fake diplomatic passports, identity cards, vehicle number plates, and other materials bearing the insignia of the Federal Republic of Nigeria by impostors.
Tinubu
According to the statement, some of those involved in the practice go as far as parading themselves as ambassadors in official correspondence and in dealings with foreign missions in Nigeria, a development it said has embarrassed the country.
It, however, stressed that only the president and Commander-in-Chief of the Armed Forces has the constitutional authority to appoint and accredit ambassadors for Nigeria, adding that no individual, group, or organisation has the power to confer diplomatic titles.
NPF Debunks False Terror Alert In FCT, Arrests Suspect For Incitement
False terror alert in FCT,. The Nigeria Police Force wishes to categorically debunk a viral video circulating on social media alleging an ongoing terrorist attack in the Federal Capital Territory (FCT), Abuja. The Force states unequivocally that no such incident occurred, and the claims contained in the video are entirely false, misleading, and malicious.
Preliminary investigations revealed that the video was deliberately curated using misleading footage sourced from online platforms to construct a false narrative aimed at causing panic, inciting public fear, and undermining public confidence in the security architecture of the nation’s capital.
In furtherance of its commitment to maintaining public order, operatives of the Nigeria Police Force have arrested one Pam Joseph in connection with the creation and dissemination of the false content. The arrest followed credible intelligence and digital forensic investigations linking the suspect to the origin and circulation of the video.
The Force reiterates that while citizens have the right to freedom of expression, such rights do not extend to the deliberate spread of misinformation capable of threatening public peace and national security. Members of the public are therefore advised to verify information before sharing and to refrain from engaging in activities that may incite fear or disorder.
Police
The suspect is currently in custody and will be charged to court upon the conclusion of investigations.
The Nigeria Police Force remains committed to safeguarding public order and national security, and will continue to monitor digital spaces and take decisive action against individuals who engage in the dissemination of false or misleading information.
DCP ANTHONY OKON PLACID psc(+) mni
Force Public Relations Officer
Force Headquarters, Abuja
10th April, 2026
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