Tinubu's Economic Reforms Yield Positive Results in Nigeria

Dr. Olubunmi Tunji Ojo has served as the Minister of Interior since August 2023. He challenges citizens to evaluate the ministry's performance based on visible results rather than hearsay.

President Tinubu's administration has implemented significant economic reforms, including the removal of the petrol subsidy and the dismantling of the multiple exchange rate system. These decisions, made upon Tinubu's swearing-in, initially caused hardship but have led to notable improvements.

Inflation dropped from 34.80 percent in December 2024 to 15.69 percent in April 2026, while external reserves reached approximately $50 billion, the highest in 13 years. The current account surplus increased to $12 billion in the first half of 2026, and oil production rose to 1.663 million barrels per day by April 2026.

These achievements have resulted in larger monthly allocations for states and local councils, enhancing their financial autonomy and capacity to fund essential services.