…as Bola Tinubu’s Economic Reforms Soars; A Quest For Second Term 2027
By Rashidat Olushola Okunlade
The APC UK Support Groups, headed by the APC UK CHAIRMAN- Hon. (Dr) Tunde Doherty has Awarded Certificate of Chairmanship to Otunba Ja’afaru Braimoh as the Chairman APC Party UK Support Groups in the United Kingdom (UK).
The recognition came as the Chairman- Diaspora APC-UK Support Groups, by the virtue of his tireless and Selflessness in Leadership his continuous Mobilization and Campaigning for APC effectiveness for Nigerians in the Diaspora, particularly in the the United Kingdom.
Honourable Otunba Ja’afaru BRAIMOH, is the Chairman ROTAGAS Group (www.rotagasmarineplatform.com) African British Group (www.africanbritishgroup.com) the Vice Chairman-CANUK (Central Association of Nigerians in the United Kingdom), also he is the Director General – TSSG DIASPORA (Tinubu Shettima Support Groups), & the Director General- Office of the Para Athletic Federation of Nigeria in the United Kingdom, already in the business of reaching to the over 2-million Nigerians Living in the United Kingdom, through the capacities of Social Media, and Physical representation of the Nigerian High Commissioner in the United Kingdom at CANUK, APC & Para Athletic Events, and direct interface with NiDCOM (Nigeria in Diaspora Commission- Hon. Dr. Abike Dabiri-Erewa) with vast opportunities of accessing Nigerians in the Diaspora into the remoteness of the cities in England.
Otunba Braimoh’s current operations are not limited to the followings: The Continuous increase in Associations, Nigerian Communities in Counties and Boroughs of the United Kingdom, recruiting new Memberships drives amongst new Nigerian entrants into the United Kingdom, particularly the Migrant Nigerian Educational Students, International Sporting Competitions/ Events with Para Athletic Federation of Nigeria in the Diaspora UK, attending to Nigerian Associations/ Communities Functions, Events, with a view to digitize these Associations/Memberships Operations for Global Coverages and Competitiveness in Conferences, Trade Shows, Seminars and Retreats, mobilizing Nigerians to vote for APC Party in Nigeria, directly or through proxies in Nigeria, Nigerians in the Diaspora has tremendous influence on wards, LGA, States & National Elections, determining the election swings States in many key Regions with Victory for APC Party & in all Memberships Elections, comes 2027.
These and many more qualify Hon. Otunba Ja’afaru BRAIMOH, as the Chairman- APC Party Support Groups UK (APSG-UK)
In the same vein, on Monday, June 23 2025, Otunba Ja’afaru and his wife Olori Juliet BRAIMOH, the Iyalaje of Oke-Aaro in Ogun State celebrated 15 years of wedding anniversary.
The love birds took time to unwind and thank God for His Mercy, Grace upon the family.
President Bola Ahmed Tinubu recently marked two years of coming to the Nigerian Presidency on May 29, 2023.
He was sworn in as President of the Federal Republic of Nigeria after a long campaign, marked by his acerbic declaration of entitlement to the office of the President.
Tinubu, when it appeared like his predecessor, President Buhari, was going to plot against him becoming the Presidential candidate of the ruling All Progressives Congress (APC), at a rally in his Southwest region, thundered: “Emi lo kan”, which translates to ‘it is my turn’. Tinubu pushed ahead against all odds and got elected as president from his victory, scoring 36.61% of the total votes and winning 12 states like Atiku Abubakar and Peter Obi. His opponents, Atiku Abubakar and Peter Obi, challenged his victory up to the Supreme Court.
Bola Ahmed Tinubus Administration economic reforms and national transformation introduced several key policies aimed at transforming Nigeria’s economy and governance.
As of 2025, two years after, President Bola Tinubu’s Key Achievements and Others in Progress are
Removal of Fuel Subsidies and Termination of Multiple Foreign Exchange Systems: This, Tinubu said, “had constituted a noose around the economic jugular of our nation and impeconomic development and progress”.
Increased Government Revenues: Aggregate government revenues more than doubled, increasing by over N9.1 trillion in the first half of 2024, compared to the first half of 2023.
Ongoing Major Infrastructure Projects: These include roads, bridges, railways, power, oil, and gas developments, notably the Lagos-Calabar Coastal Highway and Sokoto-Badagry Highway projects.
Increased Oil Production: Oil production has increased to 1.7 million barrels per day, and two Foreign Direct Investments of over $500m have been signed.
Compressed Natural Gas Initiative: Launched to power the transportation sector and reduce costs. Tinubu said, “This will save over N2 trillion a month, being used to import PMS and AGO”.
Student Loan Scheme: Approval of over N95.6bn to Nigerian students through the Student Loan Scheme. Six hundred thousand youth have benefited.
Consumer Credit Corporation: Established with over N200 billion “to help Nigerians acquire essential products without the need for immediate cash payments, making life easier for millions of households”.
Digital and Creative Enterprises: Empowerment of young people, creating millions of IT and technical jobs.
Skill-Up Artisans Programme: Introduction of the Nigerian Youth Academy and the National Youth Talent Export Programme.
Livelihood Support: The release of over N570 billion to the 36 States to expand livelihood support for their citizens, while 600,000 nano-businesses have benefitted from the administration’s nano-grants
Reduction in Revenue to Debt Service Ratio: Reduced from 97% to 68% in the last 13 months.
Job Creation: Creation of 240,000 jobs through 10 micro, small, and medium enterprises.
National Minimum Wage: Signing into law the new National Minimum Wage of N70,000, and the payments of N1 billion each to large manufacturers.
Removal of Tariffs and Import Duties: On rice, wheat, maize, sorghum, drugs, and other pharmaceutical and medical supplies for the next six months.
Incentives to Farmers: To increase food production at affordable prices.
Procurement of Mechanised Farming Equipment: Provision of equipment such as tractors and planters worth billions of Naira from the United States, Belarus, and Brazil. 10k tractors of which 2k since arrived and distributed.
Increment and implementation of the NYSC allowances from N33,000 to N77,000.
The IMF Debt Clearance: Nigeria has cleared its $1.61 billion debt to the IMF, exiting from the fund’s list of indebted countries.
Key Gains
President Tinubu’s Second Anniversary
Fiscal and Monetary Gains
* External Reserves rose by $6 billion to $40.19 billion, boosting confidence and stability.
* Trade Surplus hit $13.17 billion, showing strong export performance.
* Portfolio Investments surged to $13.35 billion — a clear vote of confidence in Nigeria’s economy.
* Gas Exports jumped 48.3% to $8.66 billion
* Non-oil exports reached $7.46 billion, a sign of increasing diversification.
* Balance of Payments Surplus of $6.83 billion in 2024 – first in three years.
* Naira stabilisation through deregulation of the FX market and forex subsidy removal by President Tinubu.
* FX Reserves rose by $364 million in two weeks before the MPC meeting in April 2025.
* External buffers now cover 7.6 months of imports.
* Sovereign Sukuk Repayment: Nigeria fully repaid its first N100 billion Sukuk issued in 2017.
* Tax Reforms are underway; the Tax Reform Bill will soon be sent to the President for assent.
* Debt Servicing: Dropped from 95% to 65% of revenue, freeing up resources for capital and social spending.
* Improved Fiscal Space: Revenue to debt servicing ratio now at 45%, easing pressure on public finances.
Inflation and Economic Growth
* Headline inflation dropped to 23.71% in April, from 24.23% in March – the sharpest decline in over a year.
* Month-on-Month Inflation decelerated for the second straight month in 2024.
* GDP Growth: Nigeria recorded the fastest economic growth in a decade in 2024.
* World Bank projects 3.6% growth for Nigeria in 2025. III. Social Investment and Human Capital
Revenue: President Tinubu has opened up Nigeria’s fiscal space with increased internally generated revenue from FIRS (N21.3 trillion) and customs. FAAC monthly allocation to State Governments has increased by over 62%, freeing up resources for states to develop.
Youth and Education
• NELFUND Student Loans: Over 600,000 students have benefitted; nearly N75 billion are disbursed to date.
* National Cash Transfer Programme: 5.7 million vulnerable households have benefitted; N25 billion budgeted in 2025.
Health and Social Welfare
* Primary Healthcare: 37 million Nigerians accessed Primary Healthcare Centres in Q1 2025.
* Six cancer centres to be established, of which three are ready for commissioning in June. 2025
* Over 1,000 Primary Health Care Centres have been revitalised with 5,000 undergoing revitalisation currently.
* Over 4,000 women have benefited from President Tinubu’s approved Free Caesarean Section surgeries for all pregnant women.
* Dialysis – heavily subsidised cost by the FG.
Regional Equity and Inclusive Development
Creation of Regional Development Commissions. Every geopolitical zone now has a dedicated commission:
* South West Development Commission (SWDC)
* North West Development Commission (NWDC)
* North Central Development Commission (NCDC)
* North East Development Corporation. NEDC
* South East Development Commission (SEDC)
* NDDC – Niger Delta Development Commission
Local Government Autonomy in Motion
* Legislative and policy push for LG autonomy backed by President Tinubu.
* Empowering local governments to drive grassroots development.
Security
* Combat Success: 15,543 insurgents neutralised nationwide in the first two years.
* Surrenders: 124,408 fighters of Boko Haram and ISWAP surrendered within the same period.
Anti-Corruption and Rule of Law
EFCC Convictions and Asset Recovery:
* In 2024, the Economic and Financial Crimes Commission (EFCC) secured a record-breaking 4,111 convictions, marking its most successful year since inception.
* The EFCC recovered over N364 billion, along with significant amounts in foreign currencies, including $214.5 million, £54,318.64, and €31,265
Largest Asset Recovery:
* In December 2024, the EFCC achieved its single largest asset recovery with the final forfeiture of an estate in Abuja measuring 150,500 square metres and containing 753 units of duplexes and other apartments.
* Final Forfeiture and handover of estate to the Ministry of Housing completed by May 2025
Summary Narrative
Under President Tinubu’s leadership, Nigeria is turning the corner. From stabilising the Naira and curbing inflation to reducing debt burdens and expanding access to education and health, the administration is delivering bold reforms with real results. With improved security, regional inclusion, anti-corruption action, and institutional rebuilding, Nigeria’s comeback story is not yet complete — but it is firmly underway.
Policy Outcomes and Benefits to the People
Benefits to the People, with data-backed achievements that directly impact
Everyday Nigerian:
Minimum Wage Reform
* Federal civil servants now earn N70,000, a major boost from the previous national minimum wage.
Youth Empowerment: NYSC monthly stipend increased from N33,000 to N77,000, boosting youth morale and spending power.
Student Support through NELFUND
* Over N70 billion was disbursed in soft education loans.
* Over 600,000 students have benefited.
* Loans cover school fees and living stipends, targeting equitable access to education.
Transport Relief via CNG Initiative
* Free CNG kits are distributed to thousands of commercial drivers.
* CNG buses rolled out in partnership with State Governments.
* Transport costs dropping significantly in pilot States.
* CNG Campus Shuttle Scheme introduced at Federal Universities.
Revenue Boost to States
Federation Account Allocation to States has grown by 60%, enabling more local development projects.
Higher Education Stability
* N50 billion released to end ASUU strikes.
* No industrial action by ASUU in 2 years – the longest period of academic stability in a decade.
Primary Health Centres (PHCs)
* 1,000+ PHCs revitalised nationwide.
* An additional 5,500 PHCs undergoing upgrade under FG’s Renewed Hope Health Agenda.
Specialist Health Infrastructure
* 6 new cancer treatment centres are under development – 3 fully ready.
* Free dialysis services in pilot tertiary hospitals – heavily subsidised across others.
Free Maternal Health Services
* Over 4,000 women have undergone free cesarean sections under the Presidential Maternal Health Initiative.
Expanded Health Insurance Coverage
* The number of insured Nigerians increased from 16 million to 20 million within 2 years.
* NHIA reforms are ongoing to widen coverage and affordability.
Palliative Measures for Vulnerable Households
* N75 billion in palliative funds disbursed to States and LGs for food distribution and cash transfers.
* Millions of Nigerians received direct cash support during the fuel subsidy transition.
Agriculture: 10k tractors from Belarus. 2k arrived. 40% drop in food prices across the country.
Job Creation and Skills Training
Launch of 3 Million Technical Talent (3MTT) programme:
* Over 150,000 Nigerians are being trained in software development, tech support, and data analysis.
* Targeting employment and freelancing in the global digital economy.
Housing for All
* Renewed Hope Cities launched in 7 locations across Nigeria.
* Pilot phase: Over 20,000 affordable housing units are under construction.
Agricultural Support and Food Security
* Distribution of N200 billion in loans to farmers and agro-processors.
* Large-scale release of grains and fertilisers to cushion food inflation.
Digital Economy Empowerment
* Over 2 million Nigerians are now connected to new digital infrastructure, including community broadband hubs and public Wi-Fi projects.
Anti-Corruption and Rule of Law
1. Anti-corruption
* A special investigative panel uncovered wide-scale abuses tracing over 753 properties with forfeiture proceedings completed.
2. Fiscal Sanity in MDAs
* Ongoing audits launched into over 200 government-owned enterprises, leading to the recovery of unremitted revenues.
3. Digital Procurement and Budgeting
* Rollout of e-procurement systems across Federal MDAs.
According to Otunba Ja’afaru Braimoh and Princess Dr. Omolabake Kosoko-King’s statement that President Bola Tinubu deserves second term on his ongoing achievements that are stated as follows.
Fuel Subsidy Removal – One of Tinubu’s first major decisions was eliminating fuel subsidies, which had long strained Nigeria’s finances. While this led to an increase in fuel prices, it also freed up funds for infrastructure and social programs.
Exchange Rate Unification – His administration ended multiple exchange rates, creating a more market-driven system. This reform has increased foreign exchange inflows and improved transparency in currency transactions.
Nigeria First Policy – This policy mandates that government institutions prioritize locally made goods and services over foreign imports. It aims to boost domestic industries, strengthen the naira, and reduce Nigeria’s reliance on foreign products3.
Student Loan Bill – Tinubu signed a bill establishing the Nigerian Education Loan Fund (NELFUND), providing financial aid to students pursuing higher education.
National Anthem Act 2024 – He reinstated Nigeria’s old national anthem, “Nigeria, We Hail Thee,” which was originally used until 1978.
Regional Development Commissions – Tinubu signed bills creating development commissions for the South-East and North-West regions to promote economic growth and infrastructure development.
Minimum Wage Increase – His administration raised the minimum wage from N30,000 to N70,000, responding to LABOUR PARTY union demands and economic challenges.
Electricity Sector Reforms – The Electricity Act (Amendment) Bill introduced key reforms, including host community development initiatives and a new transmission system operator to improve power distribution.
Ban on Foreign Goods in Government Procurement – Tinubu’s government banned the purchase of foreign goods by ministries, departments, and agencies, aiming to boost local industries and reduce Nigeria’s import bill.
Judicial Salary Increase – He approved a 300% salary increase for judicial office holders to improve the efficiency and independence of Nigeria’s judiciary.
These policies reflect Tinubu’s focus on economic restructuring, governance reforms, and national development.
