Nyesom Wike, minister of the federal capital territory (FCT), has said that President Bola Tinubu showed exceptional bravery by eliminating the petrol subsidy on his first day in office.
Wike made this statement on Thursday during the 2025 distinguished personality lecture held at Obafemi Awolowo University (OAU), Ile-Ife, Osun state.
The theme of the lecture was “The Nigeria of Our Dreams”.
According to the FCT minister, Tinubu set himself apart from previous leaders who, in his view, only talked about removing the subsidy without taking any action.
Leaders before him all spoke about the evil of fuel subsidy, but none had the courage to dare the blackmail of removing it, Wike said.
Tinubu did and is fittingly grappling with the inevitable, unintended and sometimes orchestrated consequences of this removal.
He said that as a result of the removal, states now have increased resources for development, public debt is no longer increasing, and fuel prices are gradually aligning with market forces due to regulatory enforcement.
‘NIGERIA’S MAIN PROBLEM IS BAD LEADERSHIP’
Wike pointed out that the major issue Nigeria continues to face is poor leadership.
He cited Chinua Achebe’s The Trouble with Nigeria, stressing that the absence of sound leadership remains the nation’s most persistent challenge.
This statement, damaging as it may appear, is extremely difficult to controvert, he said.
He said most of Nigeria’s leaders have come into power through self-interested arrangements that rarely prioritize national growth, whether under military or civilian rule.
He stated that Tinubu has proven himself to be a leader with integrity, foresight and determination.
Wike characterized the president as someone who takes well-informed, forward-thinking and practical decisions, and who leads with determination and courage.
The leader we need must believe in the infinite possibilities that Nigeria exemplifies while taking solid, proactive, logical and well-informed decisions that would maximally actualise her potential, he said.
This leader must have the courage and audacity to act, build, innovate and generally expand the frontiers of development with a hands-on approach that would emphasise excellence over mediocrity.
He added that Tinubu’s governance record in Lagos and his deep dedication to democratic values make him well-qualified for the presidency.
He has shown in several ways and at different times a stout commitment to the enthronement of democracy in our country, to the extent of even putting his own life on the line in the process, he said.
He has shown great capacity for engendering development, as captured in the unprecedented rapid and exponential development of Lagos state under his watch and even beyond.
‘TRUE FEDERALISM BEING RESTORED’
Wike also highlighted Tinubu’s initiatives to decentralise authority and encourage growth at the regional level.
The overwhelming cry of over-centralisation of power and resources at the national level and the attendant abuse of the doctrine of federalism are being systematically addressed, he said.
He explained that this is happening through the creation of regional commissions tasked with pushing development in their respective areas, enabling power to return to the people.
In terms of national security, Wike said Tinubu is enhancing personnel capabilities through training and retraining.
He mentioned that the president’s approval of forest guard recruitment marks a significant step in eliminating sanctuaries used by criminals and terrorists.
Bandits and terrorists would no longer find incubation points and free territories to operate, he said.
Put simply, the era of banditry and terrorism would soon come to an end.
He concluded by saying that all these efforts show Tinubu’s determination to set Nigeria on a path of progress.