Special Adviser on Media and Information Strategy to President Bola Tinubu, Bayo Onanuga, has said that Nigerians will soon see a reduction in the cost of living. He recently declared that the people will begin to live better as soon as the government’s economic reforms start to materialize.
Speaking to newsmen in Lagos, Bayo shared that the positive effects of Tinubu’s policies would soon be felt across all segments of the nation.
According to him, President Tinubu did not just introduce progressive reforms, he also tackled challenges that past governments ignored, and that makes him the bold leader Nigeria deserves and needs.
Onanuga maintained that 2 years is an insufficient yardstick to fully measure the administration’s achievements, noting that policy experts are known to only assess the impact of policies over a period of 10 years to 12 years.
“The President’s years in office began with clear policy directions and implementation.
A lot of reforms have taken place across sectors. The President has laid down many fundamentals that would ensure growth,” he said.
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He stated that while the positives of Tinubu’s actions since 2023 were gradually trickling down, a major paradigm shift happened in the economy, and it tackled several pre-existing challenges.
He concluded by saying that borrowed funds are not squandered by government officials, reiterating that they are duly used for their intended purposes to make life better for the citizens.
“There was no fuel. Many stations were saying no fuel, no fuel.
What was happening at that time was that the NNPC had reached the bottom point. It had no money to import fuel, it claimed that it was owing suppliers about six billion dollars and the government was owing it about four trillion dollars. So, it could not import any more.
We borrow to help the people. Even UK and the US at some point devalued. These are economic principles that are universal and cannot be changed because it is Nigeria.
This economy has opened up opportunities in many forms for Nigerians. Those who can really exploit it. And they are making money.
We don’t do our people any good when we keep on pushing stories of gloom and doom without allowing them to see the truth, without allowing them to see the context, and without allowing them to know that there’s actually light at the end of the tunnel,” he added.


