Post by Charles Oluwatuyi (@Yinkacharles)
Let me break down what Tinubu has actually done to Nigeria's economy. No grammar. Just truth.
1. Fuel Subsidy Removal
Your neighbour is broke. But every month he's buying food for the whole street including the rich people at the end of the road. That's what Nigeria was doing with fuel subsidy. Spending ₦4.3 trillion every year to subsidize fuel that the rich, the cabals and smugglers benefited from the most. The poor man in the village using firewood was not seeing that subsidy. The tanker owner was. Removing it saves ₦4 to ₦6 trillion every year. That's the money now sitting in reserves.
2. Forex Unification
You go to buy dollars. Your oga at the top buys the same dollar for ₦400 through CBN connection. You're buying yours at ₦800 on the street. Same dollar. Different price. Who do you think was pocketing that ₦400 difference? Every single day. On billions of dollars. That was Nigeria's forex system. Tinubu ended it. One rate for everybody. The people screaming the loudest about naira crashing are the same people who lost that ₦400 gap.
3. Tax Reform
You open a small shop. Before you sell anything, FIRS comes. Then state revenue comes. Then local government comes. Then another agency you've never heard of comes. All of them collecting something. Over 60 different taxes and levies on the same business. Tinubu collapsed them into less than 10. If you earn ₦800,000 or less per year zero income tax. Small business under ₦50 million zero company tax. The World Bank called Nigeria a global reference point for this reform. Yes that same World Bank.
4. Foreign Reserves
Think of reserves like the money in your savings account that protects you when things go wrong. When Tinubu came in Nigeria had $33 billion in that account. Today it's $50 billion the highest in 13 years. And foreign investors that were packing their bags and leaving are now bringing money back in. Investment jumped from $90 million to $720 million in one quarter. People don't put money in a business they think will collapse. They're betting on Nigeria now.
5. Stock Market
If you had put ₦1 million in Nigerian stocks the day Tinubu was sworn in, today that money is worth over ₦2.3 million. The stock exchange gained 136% since May 2023. GDP growing. Inflation that was at 34.8% in December 2024 is now at 15% and dropping. These are not government propaganda figures. NBS published them. International agencies confirmed them.
6. Electricity Act
For 60 years one office in Abuja controlled light for 200 million people and kept us in darkness. It's like giving one security man the keys to every house in your estate and he refuses to open any door but collects his salary every month. Tinubu signed the Electricity Act and for the first time in 60 years states can now generate and sell their own power. The monopoly is broken. Competition will fix what monopoly deliberately kept broken.
7. NIMC Act 2026
Imagine a school that doesn't know how many students it has. Can't take attendance. Can't collect fees properly. Can't know who is present or absent. That was Nigeria's identity system 20 years old and falling apart. Tinubu modernized it. The same database just caught 7 Boko Haram commanders hiding among Hajj returnees. You cannot govern, tax or protect people you cannot identify. This is the foundation everything else will be built on.
No past president touched this many structures in 3 years. Not one.
May Nigeria Succeed 🇳🇬🇳🇬🇳🇬

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