₦airaland Forum

tunapawizzy:
Tax reform and fiscal policy review, exchange rate unification, fuel subsidy removal, decentralization of electricity generation,
Dont get me wrong, Tinubu has failed, I never wanted him in power in 2023, and I still will not want him in power in 2027. But those policies are good policies. The problem is what the initial poster you responded to talked about- he thrives in politics but knows nothing about governance nepotism and high-level corruption are by-products of politics-above-governance system. The man is too focused on political-survival culture

Overall, is the Tinubus government the worst in Nigeria's history? Well anyone that holds that view has a point. In my opinion his government is down there with IBB and Abacha's government

you made some valid points but what is good about "Tax reform and fiscal policy review, exchange rate unification, fuel subsidy removal, decentralization of electricity generation"?

Even people who can't see well knows this.

The kind of things i have seen and i am seeing with regards to poor and average peoples lives, most especially the ones with family is nothing to write home about.

SmartPolician:
In other words, Nigerians didn't vote for Tinubu. Instead, governors rigged elections for him. If the people voted for him, becoming a people-centric leader will be his priority

Wike in particular gave Tinubu the winning votes. The day rigging election will stop in Nigeria that day all politicians we have sense and will never take voters for granted!

MatrixCircle:
This guy has no moral right to criticise Tinubu's government. No Nigerian Man of God should criticise Tinubu or his government because they are worst than this present government.

what has moral right got to do with politics? why did you choose moral of all things??

Tinubu is a failed president everybody knows that.

Guestmale:
Sorry go and see the meaning of 'bane' in your dictionary or you google it.

^^^


Heaven forbid that I should become an enforcer for the grammar police...but how are you different from the fellow (on another thread) who said he consummated his marriage at the reception afterwards?

lexy2014:
you made some valid points but what is good about "Tax reform and fiscal policy review, exchange rate unification, fuel subsidy removal, decentralization of electricity generation"?

- Nigeria's tax system and fiscal policy needs review and the proposal brought forward by Tinubu's team looks good: His proposal aims to increase government revenue, create a more efficient, equitable and investor-friendly enomy. This will stimulate healthy competition between states.
- exchange rate unification is a good one- it is supposed to eliminate multiple exchange rates, reduces currency speculation, prices are more stable and investors(both foreign and local) have more trust in the economy. You also get more honest pricing for goods and services.
- fuel subsidy removal: Ideally this should free up public funds that was hijacked by elite fuel profiteers. The funds should go things like education for common man, infrastructure, healthcare for all etc
- decentralization of electricity generation: this should allow states generate(possibly distribute too), leading to more stable power which will inturn stimulate economic growth.

However, what I said initially was, Good reforms but the actors are interested in politics, not governance.

Zocalite:
The situation of nigeria and nigerians under tinubu so shall your life and generation be forever

Under Tinubu's government many people are making it, you better pray to God to deliver you from bondage of poverty. When people like you are being confronted with the truth and you lack intelligent to respond you resulted to rubbish.

fuckingAyaya:
Audible to the deaf and visible to the 20k miscreants

Lol..those clowns

ukukaegbu:
The attack dogs will rush out and start barking in order to earn their 30k monthly stipend.

Lol.. those clowns

Not surprised

Amaechi close paddy

SmartPolician:
Believe it or not, Tinubu has some good policies but his biggest challenge is that he thrives in politics but knows nothing about governance. That's why his good policy like local government autonomy has remained impracticable.

Your statement is self-contradictory. What is good governance without policy? Tinubu’s government is just two years old and we are expecting miracles already? Things doesn't work that way. It takes time for new policies to yield positive results.

1nice:

https://www.youtube.com/watch?v=8O3VOYE6R-Q&pp=ygUlSWdibyBlbGRlcnMgc3BlYWsgb24gaWdibyBwcmVzaWRlbnQgIA%3D%3D

The number of tithe payers don finally drop

lincs25:
Governors threatened him that if he insist on local government autonomy then he is ready to sacrifice his second term ambition

Like you were there when they threatened him abi

Some of you will just spill out fake news for whatever sake!

Don’t forget the governors took the fg to Supreme Court.

SmartPolician:
Believe it or not, Tinubu has some good policies but his biggest challenge is that he thrives in politics but knows nothing about governance. That's why his good policy like local government autonomy has remained impracticable.

I don't get you. How can someone thrive in politics yet, knows nothing about governance? Lol! Then you ended with an excuse why his good policy is impracticable. Why give excuse for failure? A good policy must be practicable, if it isn't practicable, what's it's use? If it can't be implemented, how do you measure and say it is a good one? Why so much excuses for failure?

Teejay2033:
Your statement is self-contradictory. What is good governance without policy? Tinubu’s government is just two years old and we are expecting miracles already? Things doesn't work that way. It takes time for new policies to yield positive results.

After 8 years we will get same excuse like the previous govt. Some Ministers are not in tune with Buhari, the cabal did not make him work etc... Lol! You guys are pathetic, 2 years is enough to see the hand writing on the wall.

Dbakre1:
I thought this pastor is educated, he ought to know that electricity has been deregulated in Nigeria, and that State governors are now in charge of electricity in their various states.
Things are hard though, but Governors and other political office holders are compounding the problems with their crazy attitudes

Blame game!

But wait! Majority of the Governors and political office holders are from same party... Lol! Why can't they flow with the policies and visions?

Fujiyama:
^^^


Heaven forbid that I should become an enforcer for the grammar police...but how are you different from the fellow (on another thread) who said he consummated his marriage at the reception?

You don't know something but pride will not allow you to learn.

Guestmale:
You don't know something but pride will not allow you to learn.

^^^


The irony. Oh, the irony.

smtx:
After 8 years we will get same excuse like the previous govt. Some Ministers are not in tune with Buhari, the cabal did not make him work etc... Lol! You guys are pathetic, 2 years is enough to see the hand writing on the wall.

Whoever tells you that Nigeria humongous challenges can be fixed in four years (not even two) is lying to you. Nigeria mess is massive and it will take time and determination to do fix it.

At least, Tinubu was honest never to promise us eldorado, and he was bold to take some important decisions like local government autonomy, tax reforms, removal of fuel subsidy, etc., knowing fully well that such decisions could cost him his second term ambition.

I didn't vote for Tinubu the last time, but I will definitely vote for him come 2027 because of his boldness and courage. Don't get me wrong, there is still a need for improvement.

Guestmale:
President Bola Tinubu has cleared Nigeria's legacy debt at the International Monetary Fund IMF.

https://www.thisdaylive.com/2025/05/10/financial-restructuring-tinubu-clears-nigerias-imf-legacy-debt/

Are we owing IMF alone? Or are we owing different loans to various external and internal lenders?

Why are you sharing partial information to labour in vain at distortion and propaganda lies?

Is this why ebilokan and other progreThieves have failed to employ adequate professional teachers who are well paid for the free education of all children? No wonder Agbero Poverty Conmen, APC has less than 5% schools owned by the government in Lagos after 26 years of massive budget and revenue growth squeezed out of the people.

mrmayormedia:
2nd August, 2025

A widely circulated claim on social media and top media platforms suggests that President Tinubu's administration has borrowed over ₦63 trillion as of now or ₦56.6 trillion as of December 2024 in less than two years. This is a complete misconception. While Nigeria's total public debt has risen significantly from ₦87.38 trillion in June 2023 (one month after former President Buhari left office) to ₦149.39 trillion in March 2025, this increase is primarily driven by the naira-to-dollar exchange rate, as a result of the floating of naira, not solely from new loans.

For clarity sake, let us examine the debt figures for June 2023 and March 2025, factoring in the exchange rate changes.

Nigeria's Total Public Debt Portfolio as of June 2023 (Source: DMO)

Exchange Rate: US$1 = ₦770.38
External Debt: US$43.16 billion = ₦33.25 trillion
Domestic Debt: ₦54.13 trillion
Total Public Debt: ₦87.38 trillion

Nigeria's Total Public Debt Portfolio as of March 2025 (Source: DMO)

Exchange Rate: US$1 = ₦1,536
External Debt: US$45.98 billion = ₦70.63 trillion
Domestic Debt: ₦78.76 trillion
Total Public Debt: ₦149.39 trillion

How Did the Debt Increase from ₦87.38 Trillion to ₦149.39 Trillion?
The increase in Nigeria's public debt from June 2023 to March 2025 can be attributed to two main factors: the revaluation of existing external debt due to the naira's devaluation and new debt stock under the Tinubu administration.

1. Impact of Exchange Rate Devaluation

The external debt of US$43.16 billion as of June 2023, when revalued at the March 2025 exchange rate of ₦1,536 per US dollar, amounts to ₦66.29 trillion. This represents an increase of ₦33.04 trillion for the same debt stock due solely to the exchange rate change.

2. New Debt Under the Tinubu Administration

External Debt Increase: From US43.16 billion in June 2023 to US45.98 billion in March 2025, an increase of US$2.82 billion. At the March 2025 exchange rate, this equals ₦4.33 trillion.

Domestic Debt Increase: From ₦54.13 trillion in June 2023 to ₦78.76 trillion in March 2025, an increase of ₦24.63 trillion.

Total New Debt: ₦4.33 trillion (external) + ₦24.63 trillion (domestic) = ₦28.96 trillion.

Teejay2033:
Whoever tells you that Nigeria humongous challenges can be fixed in four years (not even two) is lying to you. Nigeria mess is massive and it will take time and determination to do fix it.

At least, Tinubu was honest never to promise us eldorado, and he was bold to take some important decisions like local government autonomy, tax reforms, removal of fuel subsidy, etc., knowing fully well that such decisions could cost him his second term ambition.

I didn't vote for Tinubu the last time, but I will definitely vote for him come 2027 because of his boldness and courage. Don't get me wrong, there is still a need for improvement.

Crashing petrol price to the January 2023 level is not eldorado. Why has the brilliant, Chicago accountant failed to deliver on this one promise

Why has All Promises Cancelled, APC failed to do deliver N70 petrol that they criticised Jonathan for, as a prelude to making him a one term president in favour of ebilokan’s cluelessly expired northerner Buhari?


https://www.thecable.ng/petrol-never-cost-n70-per-litre-says-apc/

Deltafirstson:
Although the pump price of fuel was N197 when President Bola Tinubu took over on May 29, 2023, the product now sells for N617 per litre – less than two months after.

In his inaugural address, Tinubu announced that subsidy was gone, fulfilling a promise that all leading presidential candidates made during the campaign.

However, pump price of fuel hit N537 per litre days after Tinubu ended subsidy.

On Tuesday, the price climbed further to N617, a development that the Nigerian National Petroleum Corporation Limited (NNPCL) attributed to “market forces”.

Nigerians have been lamenting the hardship occasioned by fuel price hike. Amid the lamentation, a video where Tinubu campaigned to slash the price of fuel went into circulation.

Checks by Daily Trust affirmed the authenticity of the video uploaded on the YouTube page of Channels Television.

At his campaign rally in Abeokuta, Ogun State capital, on January 25, 2023, Tinubu spoke on a number of issues, but those of fuel scarcity and naira redesign made the headlines.

However, Tinubu who spoke in Yoruba language, also assured the crowd that though people were saying petrol price would hit N200, it would be reviewed downward under him.

“The great Nigerian youths, the great Nigerian students, the confident Nigerian youths. This is a revolution. This election is a revolution. They are plotting, but they will fail. They said fuel price will increase and reach N200 per litre. Go and relax, we will bring it down,” he had said in the 7th minute of the video.

King Wasiu Ayinde Marshall, a Fuji musician who performed at the rally, interrupted the president’s speech with chants as the crowd cheered.

On the campaign podium with the president were Vice-President Kashim Shettima; Pa Bisi Akande, interim National Chairman of the APC; Femi Gbajabiamila, Chief of Staff to the President; Senator Gbenga Daniel; among other bigwigs of the ruling party.

Tinubu went further to say Nigerians would defy the acute fuel scarcity at the time and trek to cast their votes.

“The great Nigerian youths, the great Nigerian students, the confident Nigerian youths. This is a revolution. This election is a revolution. They are plotting, but they will fail. They said fuel price will increase and reach N200/N500 per litre. Go and relax, we will crash the prices,” he had said.

https://dailytrust.com/breaking-video-of-tinubu-campaigning-to-crash-fuel-

he had said in the 7th minute of the video.



https://www.youtube.com/watch?v=4JH8CC_JdUA

Ain't surprised this is coming from Apostle. The free money from tithes and offering has reduced drastically from a realistic economy of people. We were living fake life before removal of subsidy.


Kiss the truth.

I can’t hold brief for any political office holder, am not a member of any political party

smtx:
Blame game!

But wait! Majority of the Governors and political office holders are from same party... Lol! Why can't they flow with the policies and visions?

Abeg wake me up when dem mention the title challenger?

rinzaugustine:
Or can you mention any president that can challenge tinubu for that shameful title he mentioned?

Dbakre1:
I can’t hold brief for any political office holder, am not a member of any political party

Then don't find excuses for them. Say it the way it is!

Teejay2033:
Whoever tells you that Nigeria humongous challenges can be fixed in four years (not even two) is lying to you. Nigeria mess is massive and it will take time and determination to do fix it.

At least, Tinubu was honest never to promise us eldorado, and he was bold to take some important decisions like local government autonomy, tax reforms, removal of fuel subsidy, etc., knowing fully well that such decisions could cost him his second term ambition.

I didn't vote for Tinubu the last time, but I will definitely vote for him come 2027 because of his boldness and courage. Don't get me wrong, there is still a need for improvement.

Same Tinubu who asked if N210 to $1 was good enough for Nigerians during Buhari's campaign? All the policies before the last 8 years, can you point to one that has impacted on the ordinary man?
Courage and boldness is not enough for a good leader, where is empathy, inclusiveness and honesty. You talk about honesty and you think Tinubu is honest? Lol! What was his opinion about fuel subsidy prior 2015?
Tinubu can never promise Eldorado, cos he made it clear it's is turn. If he campaigned and brought in a colossal failure, and in his first 2 years all we can be talking about is his next tenure, my bro we will still come back here to analyze and give excuses for another 8 years of failure.

tunapawizzy:
- Nigeria's tax system and fiscal policy needs review and the proposal brought forward by Tinubu's team looks good: His proposal aims to increase government revenue, create a more efficient, equitable and investor-friendly enomy. This will stimulate healthy competition between states.
- exchange rate unification is a good one- it is supposed to eliminate multiple exchange rates, reduces currency speculation, prices are more stable and investors(both foreign and local) have more trust in the economy. You also get more honest pricing for goods and services.
- fuel subsidy removal: Ideally this should free up public funds that was hijacked by elite fuel profiteers. The funds should go things like education for common man, infrastructure, healthcare for all etc
- decentralization of electricity generation: this should allow states generate(possibly distribute too), leading to more stable power which will inturn stimulate economic growth.

However, what I said initially was, Good reforms but the actors are interested in politics, not governance.

While you made some good points above but in your Conclusions - you destroyed everything said by you!
3- QUESTIONS for You question ❓
•One.Why has Your GOVERNORS NOT ALLOWED THE SUPREME COURT JUDGEMENT ASKING THE STATES - TO ALLOW THE LOCAL GOVT IN EACH STATES TO HAVE SEPERATE ACCOUNTS- FOR ACCOUNTABILITY SAKE?
YET,THEY WANT THE STATE POLICE 🚓 AND IS THIS FAIR TO NIGERIANS?
IS IT TINUBU THAT IS STOPPING THEM ON THIS?
• Who Are The Actors - Are they Not Politicians and What Manners Of Governance Do You Want?
•By the Way-HOW PRODUCTIVE ARE WE IN NIGERIA?
-For Suleiman,he is a Funny And A Guy -Man and he is being Reactionary,for we didn't hear him and his Drama - For A Long Time Now!
Did Not the Bible Says - PRAY FOR YOUR LEADERS AND YOUR COUNTRY?
He is Welcome!

fasho01:
Thing is you never supported his candidacy so I don't expect you to see anything good about his Presidency

Yes, unlike you, some people have foresight, that’s why they didn’t support his candidacy, and they have been vindicated.

Keep supporting rubbish.

CyracksMrBlogger:
Why is every president that comes to power seems to be worse than the previous ones to you people?

Not always bro. Nobody said Yaradua was worse than OBJ. And who are the you people you refer to. Check the indices from 1999 to date - inflation and living conditions have progressively worsened with the only period of seeming stability being Yaraduas brief stay after OBJ