As Nigeria reflects on two years of the Renewed Hope Agenda, a recent statement from a factional arm of Afenifere has sparked national discourse. While constructive criticism is vital to democracy, it is equally important to base opinions on facts rather than bias or political allegiance.
This response addresses key concerns raised and highlights tangible progress made under President Bola Tinubu’s administration—across the economy, governance, anti-corruption, national security, and social reforms.
Economic Reforms: Balancing Pain with Progress
Claims of economic mismanagement and citizen hardship overlook the broader impact of crucial reforms. President Tinubu’s decision to remove the long-standing fuel subsidy saved Nigeria over $10 billion in 2023. Floating the naira helped unify exchange rates and boosted foreign reserves to $38.1 billion in 2024.
Inflation dropped to 23.71% in April 2025, down from previous months.
Food inflation slightly declined to 21.26%.
Trade surplus reached ₦18.86 trillion.
Over 900,000 citizens have accessed loans and grants.
₦75 billion in palliatives disbursed across states and LGs.
NYSC allowance increased from ₦33,000 to ₦77,000.
Rather than “unforced errors,” these reforms laid the groundwork for long-term economic stability and self-sufficiency.
Governance & Cost Reduction: Beyond the Oronsaye Report
While the full implementation of the Oronsaye Report remains ongoing, notable strides have been made to reduce government expenditure:
Fiscal deficit reduced from 5.4% to 3.0% of GDP.
Revenue reached over ₦6 trillion in Q1 2025.
Debt service-to-revenue ratio now under 40%.
Fuel subsidies and deficit financing were curbed, boosting fiscal health.
These efforts reflect a shift toward more sustainable governance.
Anti-Corruption Actions: Tangible Steps, Not Just Rhetoric
Contrary to accusations of favouritism, the administration has demonstrated political will to address corruption:
Suspension of a top minister for fund mismanagement.
EFCC secured 4,111 convictions in 2024.
₦364 billion recovered, including foreign currencies.
Forfeiture of 725-unit estate handed to Federal Housing Ministry.
The government’s approach emphasizes both accountability and due process.
Democratic Institutions: Strengthening, Not Undermining
Allegations of creeping authoritarianism and judicial suppression do not hold under scrutiny:
The Supreme Court upheld opposition wins in Kano, Plateau, and Abia.
INEC appointments remain under independent oversight.
There was no verified evidence of protest crackdowns.
In contrast, reforms like the move towards state police are being approached with caution to balance national security with federalism.
National Security: A Robust Response
Despite persistent challenges, progress in security is clear:
Over 13,500 criminals were neutralized, and 7,000 were arrested.
Return of displaced farmers to farmlands.
Expanded agricultural mechanisation, fertiliser support, and tractor distribution.
The administration’s security investments aim to create safer communities and promote food security.
Human Capital & Regional Development
From healthcare to education, digital economy, and housing:
5,500 PHCs undergoing upgrade.
Over 150,000 youths trained in tech via 3MTT.
Over 20,000 affordable homes under construction.
₦200 billion in agro-loans disbursed.
Regional development commissions now function in all six geopolitical zones, empowering grassroots development.
Global Ratings Reflect Confidence
Fitch upgraded Nigeria’s credit rating to B.
Moody’s moved Nigeria from Caa1 to B3 (Stable).
$50 billion in new FDI commitments secured.
Forex reserves improved from $3.99B to $23.11B.
These indicators reflect international confidence in Nigeria’s economic trajectory under Tinubu.
A Call for Constructive Dialogue, Not Political Divides
While criticism is a democratic right, it should be fact-based and forward-looking. The Tinubu administration is actively listening, adapting, and responding with reforms that may be difficult in the short term but are necessary for long-term prosperity.
Instead of divisive rhetoric, national leaders—including those in opposition – must offer viable alternatives, contribute to nation-building, and support solutions that benefit all Nigerians.
The Journey Has Begun, Progress Is Visible
President Tinubu’s Renewed Hope Agenda is far from perfect, but it is rooted in a vision of transformation. With continued transparency, empathy, and cooperation from stakeholders, Nigeria is firmly on a comeback path one bold policy at a time.
