BIG STORY
Nigeria @66: ‘Tough Reforms Are Over, Prosperity Is Next’ — Tinubu
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President Bola Tinubu on Thursday declared that the harshest phase of his economic reforms was over, telling Nigerians in his Independence Day broadcast that the country has moved from an “age of reform” into an “age of prosperity,” while issuing a pointed warning against politicians pushing for a return to fuel subsidies ahead of the 2027 general election.
Marking Nigeria’s 66th Independence anniversary, Tinubu used the nationwide address themed “From Reform to Prosperity” to defend the removal of petrol subsidy and the unification of the naira exchange rate, likening the country to a cancer patient who chose painful treatment over the “morphine” of denial administered by his predecessors.
“Nigeria was like a sick patient who receives the terrible news that he has cancer,” the President said. “His doctor explains that the treatment will be difficult and painful, but that it offers a strong prospect of recovery. The patient has a choice. He can begin treatment, endure its discomfort and fight the disease. Or he can ask only for morphine, dull the pain and leave the cancer to spread.
“For too long, Nigeria’s leaders chose morphine while praying for a miracle that never came.”
Subsidy return agitation
In an unmistakable swipe at opposition figures — including former Vice President Atiku Abubakar, who has in recent weeks pledged to restore a “targeted” petrol subsidy if elected in 2027 — Tinubu urged Nigerians to resist what he called a “siren song” of returning to subsidy payments.
“Now, as certain influential but regressive voices would have us abandon the treatment and return ourselves to the abuse of addictive subsidies, we must resist their siren song,” he said. “We must remember why we began this journey and how far we have already come.”
The President insisted his administration’s reforms had not created Nigeria’s economic weaknesses but had confronted problems that previous governments postponed. “Our reforms did not create the weaknesses in our economy. They confronted them,” he said.
Three and a half years after coming to office, Tinubu said the results of the reforms were “undeniable.” He told Nigerians the economy had grown by more than four per cent in 2026, with both oil and non-oil sectors contributing to what he described as a renewed period of stable growth.
He said oil theft had declined, inflation had fallen substantially from its peak, foreign reserves had been rebuilt, and the foreign exchange market had stabilised. He further disclosed that Nigeria recorded its highest-ever revenue from non-oil exports in 2025, exceeding $6bn.
“This is real money being made by real Nigerian businesses,” he said, adding that international observers, journalists, NGOs and multilateral institutions had all concluded that the reforms strengthened Nigeria’s economic stability and resilience, and that foreign direct investment continued to rise.
‘Emergency treatment over’
Declaring a turning point in his administration’s economic messaging, Tinubu said the “central economic task” before the country had now changed from correcting Nigeria’s course to delivering “shared and widespread prosperity.”
“The emergency treatment is over. The foundation has been repaired,” he said. “For three years, our overriding purpose was to correct our nation’s course. Now, our purpose is simple: shared and widespread prosperity.”
He described prosperity in personal terms rather than macroeconomic statistics: a farmer who can cultivate safely and earn a decent return, factories with reliable power, businesses with access to credit, young people in productive work, and families who can afford food, transportation and education.
Cost of living
On the cost of living, which remains a dominant concern for Nigerian households, Tinubu said his government’s priority was to lower the cost of producing and moving goods Nigerians consume. He listed plans to expand mechanised irrigation and dry-season farming, improve access to seeds and fertiliser, deepen agricultural mechanisation, and invest in storage, transportation, roads, railways and ports connecting farms and factories to markets.
“Our logic is simple,” he said. “When a farmer produces more cheaply, when fewer crops are lost between the farm and the market, when a manufacturer spends less on electricity, when a truck reaches its destination faster, and when the business environment fosters fair competition, all those savings will ultimately find their way into the price of goods in the market.”
Tinubu promises jobs
The President said his government would place “jobs, enterprise, and industrial growth” at the centre of policy going forward, pledging to use domestic gas to power new industries, revive factories in Nigeria’s industrial centres, expand digital connectivity into underserved communities, and invest in skills demanded by employers.
“I want to see more Nigerians making things,” he said. “I want to see more Nigerian farms feeding our cities and supplying our factories. I want to see Nigerian businesses selling Nigerian goods to the whole world. I want young Nigerians building unicorns and creating opportunities for others here at home.”
Poverty, welfare programmes
Acknowledging that millions of Nigerians “cannot wait for tomorrow,” the President said his government was strengthening direct support to the poorest households and improving the National Social Register to ensure assistance reaches those who need it most. He cited the Nigerian Education Loan Fund (NELFUND), which he said allows children of low-income families to pursue higher education regardless of their parents’ finances, and CREDICORP, which provides working Nigerians consumer credit to acquire vehicles, solar systems and other assets without years of prior savings.
He said salaries and pensions had been paid “on time and in full” since 2023, and that the national pension programme had been reformed to benefit retirees and the vulnerable.
“These programmes are not substitutes for prosperity. They are a bridge,” he said. “Our objective is not to manage poverty more efficiently. We will defeat it.”
Red Sea crossed
Tinubu closed the address on a biblical note, describing Nigeria’s economic turnaround as analogous to Israel’s exodus from Egypt. “Nigeria has corrected its course. We have passed through our own Red Sea. This is not the time to look back,” he said. “Our destination is in sight. Our foundations are strong. Our direction is clear. So let us go forward. No looking back.”
The President’s speech comes against the backdrop of continued public pressure over the high cost of living and mounting political positioning ahead of the 2027 election, in which subsidy policy has already emerged as a flashpoint between the ruling All Progressives Congress and opposition candidates, including Atiku, whose camp has faced criticism from the Presidency over shifting positions on petrol subsidy restoration.
BIG STORY
Tokunbo Wahab Is Not the Argument —- By Folorunso Fatai Adisa
There is a curious disease in our public conversation.
We begin by asking a legitimate question about public office and, before the question has finished breathing, we have dragged the office holder’s private life into the courtroom of Twitter, Facebook and other microblogging platforms.
Accountability then loses its object. What began as a question about the government becomes an argument about a man’s wristwatch, his income, his wardrobe and, eventually, his worth as a human being.
That is where the recent exchange involving the Lagos Commissioner for the Environment and Water Resources, Tokunbo Wahab, deserves a little intellectual housekeeping. The commissioner is a public officer. His stewardship is therefore open to scrutiny.
Lagosians have every right to ask what the ministry is doing about waste, flooding, drainage, wetlands, pollution and the general quality of the city’s environment. They can challenge policies, demand figures, question enforcement methods and ask whether public expenditure is producing the promised results. That is citizenship, exercised exactly as it should be.
The problem begins when interrogation of the office quietly mutates into an indictment of the personality. The distinction matters because a commissioner does not become a man without a past simply because he became a commissioner. He does not enter public office naked, without a wardrobe, a career, investments, property, relationships or possessions acquired before his appointment. Public service creates obligations concerning public resources. It does not, by itself, create a doctrine under which every possession of a public servant must have been purchased from his government salary. If there is credible evidence that a public officer acquired an asset with public funds, that is a serious matter, and the appropriate response is evidence, documentation and investigation.
The question then becomes forensic: what money was used, when was the asset acquired, through whom and from what source? That is accountability. Insinuating that a public officer is suspect because his lifestyle exceeds his publicly quoted salary is something considerably weaker than that. There is another problem. We have developed the unfortunate habit of using poverty as an investigative instrument.
Once a public servant is seen wearing something expensive, some people instinctively calculate his salary and announce a contradiction. But wealth can precede office. It can also arise from legitimate sources unrelated to government remuneration.
A serious society carries the burden of establishing facts rather than constructing guilt from appearances. A person’s pre-existing wealth does not exonerate corruption, just as a person’s modest appearance does not prove integrity. It would be too generous, however, to treat this instinct as mere mob impatience.
Nigerians have learned, across decades of asset declarations filed and never published, of panels convened and never concluded, that the forensic route rarely arrives anywhere. When the formal mechanisms of accountability function so inconsistently, the wristwatch becomes a kind of improvised evidence, the only exhibit an ordinary citizen feels he can examine for himself. That instinct is understandable. It is also, for all its understandable origins, not accountability. It is a substitute for accountability, adopted precisely because the real thing has so often failed to show up.
The answer to that failure cannot be to lower the standard of proof until suspicion counts as verdict. It has to be to make the actual mechanisms, asset declaration, procurement audit, legislative oversight, work well enough that citizens no longer need to read a jacket as a confession.
Chinua Achebe understood this terrain better than most.
In A Man of the People, the narrator Odili watches his former teacher, Chief Nanga, arrive in a convoy, dressed in a manner that instantly signals the gulf between a minister’s income and a minister’s visible life, and Odili’s suspicion curdles almost immediately into certainty, long before he has anything resembling proof.
Achebe’s genius is that he does not simply indict Nanga. He indicts the whole arrangement that makes Nanga’s wealth both obviously excessive and almost impossible to challenge through any route except gossip and grievance, because the institutions that should have examined it have already failed to.
The novel’s quiet tragedy is that Odili’s outrage, however justified in spirit, never converts into anything the state recognises as evidence. It converts instead into personal vendetta. Sixty years later, Lagos Twitter performs a compressed, accelerated version of the same failure: real suspicion, real grievance, nowhere forensic to put it, so it lands instead on a watch.
The environmental question, however, remains and should not be evaded. Lagos is not a spotless city. Anyone who lives here knows this without needing a laboratory. There are places where refuse remains a public nuisance, where drainage channels are abused, where indiscriminate dumping persists and where the city’s environmental ambitions collide daily with the habits of its residents.
The government should therefore be interrogated, relentlessly and intelligently, about what it controls and what it has achieved. The ministry has pointed to measurable work in this period, continued dredging of major drainage channels, the removal of large volumes of plastic waste from circulation, and improvements to landfill turnaround.
Those are the kinds of claims that should be checked against independent data, not simply accepted because they were announced, and not simply dismissed because they were announced by the government being scrutinised.
But the Lagos environment is not produced by the commissioner alone. A city is also the physical expression of the habits of its inhabitants. Metropolitan cities across the world carry their own share of environmental strain, much of it driven by population pressure they did not choose and cannot easily reverse.
New York still contends with its rat-infested subway corridors. London has not solved the wristwatch and phone snatching that plagues several of its busiest streets. A city that succeeds at drawing people in pays a price for that success, in the form of strain that tips over into crime or filth or both.
Managing that strain is a shared project between the government that must build the systems and the citizens who must not defeat them. This is not an excuse for government failure. A city that cannot keep its drainage clear has a government that has not done its job, regardless of how its citizens behave.
But a government that keeps its drainage clear can still watch a city go dirty within a week, if its citizens treat every open space as a private bin. The man who would never urinate by the roadside in London may find a corner in Lagos sufficiently anonymous for the same act. The person who would not throw a plastic bottle into a Canadian street may toss one through the window of a moving vehicle here.
Someone who would not fly-tip in a city where enforcement is predictable may dump waste where he assumes nobody is watching. The geography changes. The moral principle should not. Canary Wharf does not become cleaner because a mayor tweets more vigorously. Lagos does not become dirty because a commissioner wakes up one morning and decides to manufacture filth.
The city’s environmental condition is the cumulative product of government policy, infrastructure, enforcement, commercial practice and millions of individual decisions made every day. The government has a duty to provide systems that work and enforce the rules fairly.
Citizens, businesses and visitors carry the corresponding duty not to turn every street, drainage channel and open space into an extension of their personal waste bins. This is why the commissioner should be questioned about his ministry’s record, and why Lagosians should also question themselves. The most convenient politics is to locate every social problem inside the personality of one public official. It spares us the discomfort of examining how we participate in the very problem we condemn.
We complain about a dirty Lagos while some of us litter Lagos. We demand enforcement while some of us search for ways around the rules. We criticise the government for failing to maintain public spaces while treating those spaces as though they belong to nobody. The temptation to personalise public accountability is particularly strong on social media, because outrage travels faster than evidence.
A question about environmental policy is less entertaining than a quarrel about a wristwatch or lifestyle. A request for audited expenditure is less viral than an insult. Unfortunately, governance cannot be reduced to viral drama, however satisfying the drama feels at the moment.
Social media can, in fact, be a legitimate instrument of environmental accountability, a tool through which citizens document violations and press government institutions for answers. That is the useful side of the platform. The line is crossed when the institution disappears from view and the personality becomes the entire target.
Tokunbo Wahab should not be above scrutiny because he is a commissioner, and he should not be reduced to a salary figure because he is one. If his ministry has failed, show us where. If it has succeeded, show us the evidence independent of the ministry’s own press briefings. If public money has been abused, produce the trail. If enforcement has been selective, document it.
Those are questions worthy of a city as consequential as Lagos, and they are considerably harder to answer, and considerably more useful once answered, than anything a wristwatch can tell us. What does not help is turning a question about public accountability into a referendum on whether a public servant is entitled to own an expensive possession.
Unless there is evidence connecting that possession to public funds, the argument has not established anything. It has established, at most, that somebody owns something another person considers too expensive for his position, which, as Achebe’s Odili eventually discovers, is a grievance, not a case.
Lagos is too important to be governed by sentiment and too troubled to be debated through personal abuse. The city needs citizens capable of distinguishing an uncomfortable question from an ignorant accusation, just as it needs public officers capable of distinguishing legitimate criticism from personal persecution.
The real interrogation should remain where it belongs: on the office, its powers, its responsibilities, its decisions and its results.
Once we lose that distinction, we are no longer holding power accountable. We are simply quarrelling with people.
The conversation does not end here.
You can continue it with me on X via @folorunso_adisa, LinkedIn: Folorunso Fatai Adisa, or on Facebook at Folorunso Fatai Adisa.
BIG STORY
BREAKING: FG Announces Petrol Discount Through NNPC
The Federal Government has announced a 30-day discount on petrol sold by the Nigerian National Petroleum Company Limited (NNPCL), with public transport operators to receive priority under the arrangement.
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed this on Thursday during a press briefing on petrol prices and subsidy-related issues in Abuja.
Oyedele said the arrangement was not a return to petrol subsidy, explaining that the government would instead allow petrol to be sold at cost through NNPC.
“We are offering a discount on petrol dispensed by NNPC Limited for the next 30 days in the first instance with priority for public transporters nationwide. So, it’s not a subsidy; the government is just saying we sell to you at cost,” he said.
The announcement comes as petrol prices at NNPC stations vary across the country. NNPC’s latest reported price list puts the pump price at N1,355 per litre in Lagos and Rivers, while Abuja is listed at N1,370 per litre.
More details later…
BIG STORY
BREAKING: Security Agencies Rescue 20 Kidnapped Prospective NYSC Members In Imo
The recently kidnapped 20 prospective National Youth Service Corps (NYSC) members and one civilian have been rescued by security agencies, including the military, Department of State Services (DSS) and police, in Imo State.
The victims were rescued during an intelligence-led operation involving the security agencies.
The rescued prospective corps members and the civilian are currently receiving medical attention at a DSS facility in the state.
More details later…
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