Onanuga Defends Tinubu's Economic Progress Amid Criticism

Bayo Onanuga, the Special Adviser to President Bola Tinubu on Information and Strategy, refuted claims that Nigeria is worse off since Tinubu took office in 2023. In a statement shared on 𝕏, Onanuga criticized journalists questioning the reported decline in inflation and the alleged lack of progress under the current administration.

He highlighted that food prices, particularly rice, have significantly decreased, with prices dropping from ₦120,000 to below ₦50,000 per bag. Onanuga defended the data from the National Bureau of Statistics, asserting that inflation is indeed reducing.

He emphasized the support of 33 state governors for President Tinubu as a sign of confidence in his leadership. Additionally, Onanuga mentioned that Nigeria's foreign reserves are nearing $60 billion and that Nigerians can now use their naira cards abroad.

He argued that foreign direct investment is increasing, contributing to job creation and economic growth.