Let’s be sincere with ourselves.
Two years in the past, if anybody had instructed Nigerians that we’d be seeing gasoline queues disappear, overseas reserves surge, minimal wage improve to N70,000, and over 13,500 terrorists eradicated from the battlefield, many would have rolled their eyes, hissed loudly, and requested the query: “Na who go do am?”
Effectively, two years later, right here we’re — and it seems President Bola Ahmed Tinubu has been doing precisely that: breaking laborious floor, combating entrenched dysfunction, and laying down the tracks for a extra resilient, forward-moving Nigeria.
No, this isn’t Eldorado but. However make no mistake — we’re shifting in the precise route, and the indicators have gotten clearer by the day.
Daring Strikes from Day One
Could 29, 2023. That was the day Nigeria’s sixteenth President stood earlier than the world and stated the 4 most stunning phrases in a presidential inauguration since 1999: “Gasoline subsidy is gone.”
Cue chaos. Cue alarm bells. Cue WhatsApp broadcasts of doomsday predictions. Many thought the economic system would collapse. That salaries would vanish. That the roof would fall in.
However what occurred as an alternative?
Robust because it was, that single resolution — backed by a clear-headed transfer to unify Nigeria’s tangled net of foreign exchange trade home windows — marked the start of one of many boldest {economic} resets in our nation’s fashionable historical past.
And guess what? The roof didn’t fall. As a substitute, a brand new basis was laid.
From Chaos to Credibility: {Economic} Stabilisation in 2 Years
Let’s speak numbers, not narratives. In 2022, Nigeria’s debt service-to-revenue ratio was practically 100%. At this time, it’s beneath 40%. That’s not by magic; it’s the results of cautious, calculated fiscal self-discipline.
In 2023, our internet overseas reserves had been hovering dangerously round $4 billion. Quick ahead to the top of 2024 — we’re speaking $23 billion. That’s a five-fold improve.
Nonetheless not impressed?
We’ve paid off our IMF debt. Gasoline subsidies, as soon as a bottomless pit draining over N4 trillion yearly, are gone. Methods & Means — that naughty overdraft behavior between CBN and FG — has been discontinued.
And as a direct results of these reforms, traders are returning. Confidence is rising. Inflation, whereas nonetheless excessive, has began to ease. The rice you purchased for N60k in January? It’s now N45k in some markets.
The Individuals on the Centre
Right here’s the half that issues most: these usually are not simply summary numbers to please economists in Abuja or win applause at Davos.
This administration’s true genius is in grounding reforms within the realities of bizarre Nigerians.
Tax reforms? Sure, they’re underway — however with empathy. No VAT on meals, schooling, hire, well being companies, and even public transport. That’s actual cash left within the pockets of working Nigerians.
Digital entrepreneurs and freelancers now get pleasure from extra beneficial tax insurance policies. Small companies are being pulled out of tax hell. And for the primary time, there’s a Tax Ombudsman on the best way — so the taxman can’t simply bully you with impunity.
These aren’t populist gimmicks. They’re structural reforms with the folks in thoughts. A fairer, flatter tax system? Test. More cash for states and native governments? Test. N6 trillion in income in Q1 2025 alone? Double verify.
Fixing What Issues: Well being, Training, Jobs
In two years, over 8,000 main well being centres are being revitalised. Six new most cancers centres — three already accomplished. Free dialysis at pilot centres. Over 20 million Nigerians now have medical insurance — up from 16 million in 2023.
In schooling, the Nigerian Training Mortgage Fund is now not a marketing campaign promise. Over 300,000 college students are already benefitting. Infrastructure is being expanded. And thru NASENI, younger Nigerians are being educated in electrical automobile meeting, drone know-how, and diagnostic kits.
You needed jobs? NASENI has created over 75,000. Stable minerals? 70,000 extra. Manufacturing, inventive industries, power? Tens of hundreds extra.
Sure, there’s nonetheless unemployment. However inform the reality: are issues wanting extra hopeful now than they did two years in the past? The sincere reply is sure.
Safety: From Despair to Willpower
Safety stays a sore spot, little question. However the numbers paint a extra hopeful image.
Over 13,500 terrorists neutralised. 17,000 arrested. Practically 10,000 hostages rescued. Banditry sizzling zones are slowly cooling. Highways that had been as soon as demise traps — Abuja-Kaduna, Zaria-Funtua — are safer.
Extra plane, extra tools, extra coordination. However extra importantly: extra seen affect.
Farmers are returning to farmlands. Travellers are sleeping simpler. There may be nonetheless work to be accomplished, however the trajectory is upward.
And the President? He’s not making excuses. He’s demanding extra from his safety chiefs. And that’s the way it ought to be.
Roads, Rails, and Refineries: The Large Infrastructure Push
You need infrastructure? You’ll want an even bigger pocket book.
Over 440 street initiatives — together with 2,700km of highways — are ongoing. The Lagos-Calabar Coastal Freeway? Flagged off. Sokoto-Badagry Superhighway? Underway. Enugu-Onitsha Expressway, Abuja-Kaduna-Zaria-Kano? Test, verify, verify.
Port Harcourt Refinery? Restarted. Abuja Gentle Rail? Again on-line. And in electrical energy, we hit a document 6,003 MW in energy technology in March — the very best ever.
Now think about when the Electrical energy Act begins yielding fruit — empowering states and personal gamers to independently generate and distribute energy. We’re not there but, however we’re getting shut.
A Extra Assured Nigeria on the World Stage
President Tinubu isn’t simply fixing issues at house — he’s repositioning Nigeria overseas.
In simply two years, we’ve hosted G20 leaders, signed billion-dollar offers in France, Qatar, and India, and exited the Aviation Working Group’s watchlist for non-compliance.
We’ve attracted over $50 billion in FDI commitments — with Shell alone asserting $5 billion for deepwater initiatives.
And with the Motherland Pageant set to launch, Nigeria is showcasing not simply its politics or issues — however its tradition, creativity, and sheer human potential.
We’re now not simply asking for funding. We’re providing returns. Large ones.
From Lagos to Abuja: The Legacy is Actual
It’s tempting to match Tinubu’s presidency along with his governorship. And the parallels are uncanny.
Identical to in Lagos, he inherited chaos. He began with unpopular reforms. He emphasised internally-generated income. He constructed establishments. He deliberate long-term.
At this time, Lagos is the beating {economic} coronary heart of West Africa. Don’t be stunned if — in a number of years — we begin describing Nigeria the identical approach.
The Actual Winners? On a regular basis Nigerians
No, you don’t want a PhD in Economics to really feel progress. It’s within the pupil who can lastly entry a mortgage. The farmer who now not runs from bandits. The businesswoman who will get truthful tax breaks. The artisan who’s now studying how you can set up photo voltaic panels or repair drones.
The pensioner lastly paid after years of ready. The dialysis affected person who now not has to pay N60,000 per session. The mom whose little one now attends college with a meal and an opportunity.
These usually are not statistics. These are lives.
And whereas there’s nonetheless lots to do — meals costs, insecurity, energy, native authorities reform — let’s not ignore how far we’ve come.
The Work Forward
President Tinubu is aware of the honeymoon is over. He stated it himself: “We can not obtain Eldorado in sooner or later.”
However with two years behind us, the inspiration has been laid. The plumbing is being mounted. The laborious half is all the time the start. And this authorities didn’t draw back from it.
Now, it’s time to consolidate.
- Scale up social programmes.
- Deepen agricultural reforms.
As a result of it’s not nearly altering Nigeria — it’s about serving to Nigerians imagine once more.
The Gentle on the Finish of the Tunnel
When Tinubu stood on that podium in 2023 and eliminated gasoline subsidy on the spot, many thought he was taking part in political roulette.
However two years later, the economic system hasn’t collapsed. In truth, it’s bouncing again.
- Meals safety is bettering.
- Energy technology is rising.
So, is all of it rosy? No. However is it working? Completely.
President Tinubu didn’t promise magic. He promised laborious work. And he’s delivering — one powerful reform at a time.
The subsequent two years will decide the legacy. But when the primary two are any indication, then Nigeria isn’t simply surviving. It’s resetting, rising and roaring again.
Let’s keep the course. The longer term isn’t simply brilliant — it’s already breaking via the clouds.
Comfortable second anniversary to a authorities that dares to do.
Comfortable 26 years to Nigeria’s Fourth Republic.
And right here’s to a brand new Nigeria — not in idea, however in movement.
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