President Bola Tinubu’s information and strategy adviser, Bayo Onanuga, says the backing of 33 state governors for the president is evidence that his economic direction is working. Onanuga makes the case in response to criticisms circulating on television and social media that the administration has not delivered meaningful improvement since taking office in 2023.
Across reports, Onanuga argues that Nigeria is seeing measurable gains that supporters can verify. He cites claims that food prices have fallen and that foreign investors are returning. He also points to indicators such as improved foreign reserves—described as nearing $60 billion—better access to foreign exchange for importing inputs, and the ability of Nigerians to use naira cards abroad. Onanuga rejects the idea that returning investment is only short-term portfolio activity, saying foreign direct investment brings capital and job creation.
The outlets repeat Onanuga’s broader message that critics should reconsider claims based on economic data, including inflation trends, and he characterizes opposing narratives as partisan. While the reports focus on Onanuga’s defense and his cited examples, they do not independently verify the figures they mention.