Bayo Onanuga, Special Adviser on Information and Strategy to President Bola Tinubu, has defended the administration’s economic reforms, asserting that the government made tough but essential sacrifices to avert a financial crisis in Nigeria.
In his article titled “Bola Tinubu: the man who took the bullet for Nigeria to survive,” Onanuga criticized opposition politicians for spreading misinformation as the 2027 elections approach, despite what he describes as significant accomplishments of the current government.
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He noted that President Tinubu inherited a frail economy characterized by fuel shortages, multiple exchange rates, high debt obligations, low revenue, and an unsustainable subsidy system.
Onanuga emphasized that tough measures such as subsidy removal and naira flotation were necessary reforms that have improved allocations to states.
He stated, “The man who has taken the b¥llets to make Nigeria survive a fiscal disaster is even more willing to take additional b¥llets to ensure the safety of all Nigerians.”
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According to Onanuga, increased state allocations have enabled funding for projects and the payment of salaries, leading to visible development in various states. He remarked that the direct allocation of funds to local councils from the Federation Account will enhance governance across the 774 local councils.
He also highlighted advancements in the stock market, ongoing infrastructure initiatives like the Lagos-Calabar Coastal Highway, reforms in the energy sector, and financial assistance programs such as NELFUND and CREDICORP.
Although recognizing that insecurity is still a concern, he asserted that the government is strengthening security measures and international collaboration, insisting the administration will be recognized for its substantial reforms.

