₦airaland Forum

Tinubu is undeniably a skilled politician, but being adept at politics doesn’t necessarily equate to effective leadership. After leaving office in Lagos, he took credit for the accomplishments of previous and subsequent governors, claiming to have provided a "blueprint" for Lagos. However, this "blueprint" remains elusive, with no clear details available to the public.

As president, he has introduced another concept, "reform." His supporters argue that these reforms are the reason behind the rising cost of living, but true economic reform should aim to foster a stable, sustainable economy that benefits both individuals and businesses.

Let’s take a closer look at the so called reform.

He removed the fuel subsidy almost immediately after taking office, a decision that drastically impacted Nigerians. Considering that Nigeria generates around 75% of its electricity from generators (roughly 40,000 MW) the removal of the subsidy has had severe consequences.

Many businesses in the country rely on generators, and the subsidy removal has driven up operational costs across various sectors.

To make matters worse, Tinubu also floated the naira, which led to inflation and an increase in import costs. As the naira’s value became more volatile, businesses found it harder to plan for the long term, and foreign investment became more cautious.

Small businesses began closing down, and Nigerians faced an escalating poverty rate as a result. It became harder for people to make ends meet despite working harder every day.

I can remember how during the brief moments when the dollar rate dropped, his supporters started asking why prices didn’t follow suit. They even blamed Nigerian businesses, failing to recognize that the government still holds responsibility.

You can’t expect prices to drop when the dollar rate could spike again unpredictably. On top of this, the cost of clearing imported goods has surged. Containers that once cost 5 million naira now require at least 20 million naira.

Those who know about this argued that high clearing levy will reduce imports which will ultimately help promote local production, but with the subsidy removal and the devaluation of the naira driving production costs to unsustainable levels.

So Tinubu basically made importation difficult to increase production and then used fuel subsidy removal and naira devaluation to make production more difficult.

Instead of providing relief or solutions, he’s busy increasing taxes.

So, can these actions be considered true "reforms"? I have my doubts. In my view, Nigeria’s struggles aren’t a result of genuine economic reform, but rather a consequence of poor planning and lack of vision and a clear direction under Tinubu’s administration.

helinues:
Toh

While their mates would be popping this December, some people will be spending President Tinubu's name, continue the blaming of being the one not making them to make make money like others as their success/progress in life is tied with government policies

helinues:
Toh

While their mates would be popping this December, some people will be spending President Tinubu's name, continue the blaming of being the one not making them to make make money like others as their success/progress in life is tied with government policies

helinues:
Toh

While their mates would be popping this December, some people will be spending President Tinubu's name, continue the blaming of being the one not making them to make make money like others as their success/progress in life is tied with government policies

mrvitalis:
Once I hear Tinubu removed subsidies I just know the person is not smart at all

Tinubu removed subsidies and petrol is ₦1050

If you can't figure out how much we pay as subsidies today then you are not smart enough to write anything

Tallesty1:
You must incredibly daft to think you can out-hustle bad economic policies.

Tallesty1:
The whole of our current problems started with "subsidy is gone" and I formed my opinions on that.

tundegan:
This is a very one sided take. The president just started implementing his reforms, we can’t start judging the outcome yet.

Lets wait till next year before drawing conclusions.

otipoju:
The man took credit for Fasholas remarkable first term...the word they used was " Master Plan"... that subsequent governors just had to follow the so called masterplan he had drawn.

Till date Lagos is still one of the most filthiest places on earth.

He did promise to " widen the tax bracket" and. " reduce purchasing power".

Tinubu that supported and gave legitimacy to neighborhood louts who extort helpless market women, other traders and bus drivers na him una vote for president.

Have people actually sat down to think what this means. That the man has been an oppressor for the last 24 years?

He is continuing to do what he is good at. Collecting money wether by force or by law. That is all he has to offer Nigerians.

"Oppression"

jmoore:
Epitome of ignorance.

Reduction of purchasing power, devaluation of naira, high cost of production as a result of expensive petrol are the effects of Tinubu's policies.

helinues:
Toh

While their mates would be popping this December, some people will be spending President Tinubu's name, continue the blaming of being the one not making them to make make money like others as their success/progress in life is tied with government policies

Tallesty1:
You must incredibly daft to think you can out-hustle bad economic policies.

ablejesus26:
Shut up, You are in the public space if you nor get anything sensible to say just rest.

The Op is not talking about how the bulaba GOAT FAILURE affects individuals per say but rather how the clueless bulaba crooner has wrecked the Country to the grave in a very short period of time.

Se this incoherent bumkum wey you write connect to the topic on ground??

Stop jumping into threads with senseless incoherent submissions that makes mockery of common sense if you don't want people to call you out. Just shuusssshhh as nothing dey ya head to offer here😁😁😕.

helinues:
The nagging guy