Government defends economic reforms as necessary to prevent long-term crisis

The Presidency justifies President Tinubu’s economic reforms as unavoidable measures to ensure long-term stability, while experts discuss electoral independence and historical political narratives.

The Nigerian Presidency has stated that citizens must accept the difficulties brought on by recent economic reforms to steer the country away from a severe financial collapse. Defending President Bola Tinubu’s policies, the administration argued that genuine leadership requires making tough decisions rather than seeking popularity. Vice President Kashim Shettima, represented by Dr. Aliyu Modibbo at the launch of Eniola Bello’s book ‘Shadows’, emphasized that these actions are essential for future stability.

Shettima highlighted positive economic indicators, noting that GDP growth reached 3.89 per cent in early 2026. He also pointed to rising oil production and a reduction in debt servicing obligations as signs of progress. The government defended its social support schemes, including student loans and credit initiatives, while reiterating its commitment to infrastructure projects like the Lagos-Calabar Coastal Highway.

Regarding democracy, Shettima noted that President Tinubu respects dissent, acknowledging that a government must remain receptive to the public to maintain trust. During the same event, INEC Chairman Prof. Joash Amupitan stressed that the commission requires financial autonomy beyond standard budget processes to ensure true independence. Furthermore, a representative for former President Olusegun Obasanjo reaffirmed that the former leader never pursued a third term in office.

Prof. Okey Ikechukwu, who reviewed the two-volume collection of essays, characterized the book as a vital historical record. He stated that the work documents the recurring governance challenges that have persisted through multiple administrations over the past quarter-century.

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