Oye Urges Tinubu to Convert Economic Gains into Jobs

Dele Oye, the Chairman of the Alliance for Economic Research and Ethics LTD/GTE, stated that the reforms implemented by the Bola Ahmed Tinubu-led administration over the past three years have enhanced Nigeria's macroeconomic stability. He called on the government to translate these improvements into lower food prices, job creation, and better living standards for citizens.

In his statement titled “The Economy Is Stabilising. Now Let the People Feel It,” Oye acknowledged the administration's politically challenging decisions, such as the removal of the petrol subsidy and reforms in the foreign exchange market.

He noted that Nigeria's foreign exchange reserves reached a 17-year high of $53.11 billion as of August 24, 2026, and the economy grew by 4.43% year-on-year in the second quarter of 2026. Despite these positive indicators, Oye emphasized that macroeconomic stability must lead to improved welfare for ordinary Nigerians, as poverty remains high, with 63% of the population living below the national poverty line.