President Bola Tinubu has acknowledged the financial difficulties Nigerians have experienced under his administration’s economic reforms, admitting that the policies have placed pressure on households. He made the remarks on Friday at an All Progressives Congress (APC) rally in Uyo, Akwa Ibom State, where he sought support for his second-term ambition ahead of the January 16, 2027 presidential election.
Tinubu described himself as a comfortable man who had not personally experienced the pain of shopping in the market but insisted that he understood the struggles of ordinary Nigerians. He defended his administration’s decisions, arguing that the reforms were necessary to prevent the country from falling into bankruptcy and to address financial challenges inherited when he assumed office.
The president claimed that without the reforms, the naira could have lost almost all its value, potentially making it difficult to use for everyday purchases. He also recalled that 27 of Nigeria’s 36 state governors were struggling to meet salary obligations when he took office, adding that the country had moved beyond what he described as a period of severe economic uncertainty.
