Tinubunomics Has Deepened Poverty, Not Reduced It

I agree with the Emir of Kano that economic policies should be judged by whether they improve citizens’ welfare. Although the Federal Government points to progress since 2023, my family’s experience and the rising cost of living suggest that most Nigerians are worse off. Higher food, transport and fuel costs have reduced disposable income and pushed more households into hardship. In my view, the main beneficiaries of the reforms have been wealthy investors, while ordinary Nigerians bear the burden. Petrol prices have risen sharply without a matching increase in workers’ pay. Government borrowing also risks rewarding those able to invest in bonds, while repayment is ultimately carried by taxpayers. The Federal Government’s new poverty-reduction programmes may be ambitious, but their presentation and claims require greater clarity. The President should lead the effort directly, give it a simple public identity and provide verifiable evidence of the number of households reached and people lifted out of poverty. Nigerians need measurable results, not optimistic figures and slogans.

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