Politics
Tinubu’s Policies Saved Nigeria, Soludo Claims
Anambra State Governor and former Central Bank of Nigeria (CBN) chief, Professor Charles Chukwuma Soludo, has thrown his weight behind the economic reforms initiated by President Bola Ahmed Tinubu, describing them as bold interventions that saved Nigeria from imminent economic collapse.
Speaking on Thursday at The Platform, a special Democracy Day symposium hosted by The Covenant Nation in Lagos, Soludo acknowledged the hardship Nigerians have faced but insisted that the current administration’s decisions were necessary to reset a stalled economy.
“I know I may disappoint some who expect me to criticise the government or present a new economic blueprint,” Soludo said to a packed audience in the church auditorium at Iganmu. “But I must say this without hesitation: the audacious structural reforms by President Tinubu’s administration have rescued the Nigerian economy from a tipping point.”
Since taking office in May 2023, President Tinubu has embarked on a series of economic overhauls, most notably the removal of the decades-long petrol subsidy and the unification of Nigeria’s multiple exchange rates. While these policies have sparked inflationary pressures, affecting everything from food prices to transport costs, Soludo argues that inaction would have been far worse.
“We were at a place where the economy could barely move,” Soludo explained. “Subsidies were unsustainable, and the foreign exchange market was riddled with distortions. These reforms may be painful now, but they have allowed the economy to breathe again.”
Soludo, who served as CBN Governor between 2004 and 2009, is known for his directness when it comes to economic matters. On Thursday, he used the Democracy Day platform to both affirm the necessity of the Tinubu administration’s policies and challenge fellow economists to move beyond surface-level critiques.
“There is still a lot to be done, yes. But we must give credit where it is due,” he said. “The international community, the World Bank, IMF, and even global media outlets like the Financial Times, are all watching and acknowledging that we are finally making tough but overdue decisions.”
Recalling his own time in office, Soludo shared that he once rejected a World Bank loan due to terms he considered unfair, yet he emphasized that Nigeria’s current reform direction aligns with the assessments of these global institutions.
“When the World Bank criticises a government, many rush to quote them. But when they praise reforms, some dismiss them as neoliberal or out of touch. We can’t cherry-pick. We must be intellectually honest,” he stated.
In a moment of candor, Soludo referenced a friend who once told him, “The past is always easy, especially if you’re not the one who lived it.” He used the quote to urge critics to avoid easy nostalgia and instead focus on offering rigorous, fact-based alternatives to current policies.
The Platform event drew a diverse gathering of high-profile Nigerians, including former Independent National Electoral Commission (INEC) Chairman Attahiru Jega, former Minister of Works and Housing Babatunde Fashola, and other government officials and policy influencers. The event served as one of the major highlights of the country’s Democracy Day celebrations, commemorating the historic June 12, 1993, elections.
Soludo’s remarks were particularly poignant on a day meant for national reflection.
“Yes, Nigerians are suffering,” he admitted. “But let us not forget that many of these reforms are about laying a foundation, not for short-term applause but for long-term prosperity.”
He also urged President Tinubu and his team not to waver in the face of growing public discontent.
“These are not easy choices. But leadership is about doing what is right, not what is easy. My advice to the President: stay the course. Engage citizens, listen more, and communicate the vision clearly.”
The governor’s balanced stance, acknowledging present struggles while defending difficult decisions, stood in contrast to the often polarised national discourse around Tinubu’s economic strategy. His message was clear: reform is never painless, but it is sometimes the only path to renewal.
As Nigeria continues to wrestle with rising inflation, a weakened naira, and widespread public discontent, Soludo’s intervention serves as both a vote of confidence and a call for responsible governance and civic engagement.
“We have to go deeper. Social media hot-takes won’t solve our economic problems. Let’s challenge each other, leaders and citizens alike, to think critically and act courageously,” he concluded.
Ripplesnigeria.com
Minister Nyesom Wike defends his position amidst calls for removal from office Wike emphasizes that only President Tinubu can decide his fate Former governor boasts of his contributions to Rivers State and the Federal Capital Territory.
Port Harcourt, Rivers State – The Minister of the Federal Capital Territory (FCT) Nyesom Wike, has dismissed calls for his removal from office. Wike said that such decisions rest solely with the President Bola Ahmed Tinubu.
The former Rivers State governor stressed that the power to sack him lies solely with the President. From breaking news to viral moments. Follow Legit.ng on Instagram. As reported by The Punch, Wike stated this on Sunday, January 11, 2026, during a thank-you visit to Obio/Akpor.
Wike addressed the People’s Democratic Party (PDP) leaders, traditional rulers, women, and youths in the area. “Don’t bother about people who say ‘sack him.’ If my appointor believes I cannot offer anything again, he has the right, not that you should tell him. I am proud that the people of Obio/Akpor, the people of Rivers State, and Nigerians know we have not disappointed them in the FCT.”
The Chairman of Obio/Akpor Local Government Council, Gift Worlu, described Wike as a major asset to the council, the state, and the nation. “When it comes to who should be President of Nigeria in 2027, we know where to go. As for the governorship of Rivers State, we know where not to go. We will not go the way of ingratitude, disappointment, or disloyalty.”
Recall that President Tinubu reportedly intervened in the feud between Governor Siminalayi Fubara and Wike amidst rising tensions. Tinubu and Wike are set to meet abroad to discuss the ongoing Rivers state crisis and potential impeachment.
Wike’s ally denied involvement in the impeachment plot, claiming Rivers’ lawmakers are driving the actions against Governor Fubara.
Dailyvoice.ng earlier reported that President Tinubu was urged to immediately remove Wike as the minister of the FCT to ensure stability returns to Rivers state. NADECO, a pro-democracy group, made the call, citing the impeachment proceedings against Governor Fubara.
Ahead of the 2027 election, Primate Babatunde Elijah Ayodele has predicted that eight APC governors will oppose President Bola Ahmed Tinubu
Primate Ayodele prophesied that a prominent political figure will defect to the ADC coalition, ‘creating a shocking political shift’
Lagos-based Ayodele is widely known for issuing prophecies on a variety of subjects, including Nigerian and global politics, the economy, security, and sports Oke Afa, Lagos State – Ahead of the 2027 elections, Primate Elijah Ayodele has said that about eight All Progressives Congress (APC) governors will work against President Bola Tinubu and the ruling party.
In a statement to Daily voice on Friday, January 9, signed by his media aide, Osho Oluwatosin, the leader of INRI Evangelical Spiritual Church said the governors may either remain in the APC or defect to an opposition party, but would still work against the president and the ruling party ahead of the election.
Primate Ayodele said:
“I see about eight governors working against APC ahead of 2027. It’s either they stay in the party to work against the party or move to an opposition party.
“President Tinubu will not find it easy in the election. There are so many things around him that look real, but they are not. They will soon start getting uncovered, so he has to prepare. Ayodele Furthermore, Primate Ayodele disclosed that a prominent figure in Nigerian politics will soon defect to the coalition party, the African Democratic Congress (ADC).
His words: “I am seeing a big name decamping to the ADC very soon. It will be a shocker to people and the political scene of the country. It will happen very, very soon.”
Meanwhile, the ADC has maintained that the 2027 elections would be between the citizens and the APC.
The party urged the opposition governors to rise boldly, deliver fresh ideas and lead citizens out of ‘national despair’, stressing that this was what Nigerians expected from them.
Earlier, Daily voice reported that Primate Ayodele denied allegations levelled against him by Bayo Adelabu, minister of power, regarding an alleged blackmail attempt.
A media outlet had reported that Adelabu, a chieftain of the ruling APC and supporter of President Tinubu, accused Primate Ayodele of attempting to extort N150 million from him for “spiritual intercession” to make him governor of Oyo State. However, in a statement sent to Legit.ng, and signed by his media aide, Osho Oluwatosin, Primate Ayodele denied ever attempting to extort the minister, explaining that he had only asked Adelabu to purchase the trumpets.
The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has revealed that about eight APC governors will work against President Tinubu and the ruling party ahead of 2027.
In a statement signed by his media aide, Osho Oluwatosin, the prophet stated that the governors may remain in APC or decamp to an opposition party, but regardless, they will work against the president and the ruling party towards the election.
“I see about eight governors working against APC ahead of 2027. It’s either they stay in the party to work against the party or move to an opposition party.”
“President Tinubu will not find it easy in the election; there are so many things around him that look real, but they are not. They will soon start getting uncovered, so he has to prepare.”
Furthermore, Primate Ayodele made it known that a big name in Nigerian politics will decamp to the coalition party, ADC, very soon.
“ I am seeing a big name decamping to the ADC very soon. It will be a shocker to people and the political scene of the country. It will happen very, very soon.”
It would be recalled that the prophet earlier warned that President Donald Trump is working towards unseating President Bola Ahmed Tinubu as the president of the country. He noted that US actions in helping Nigeria aren’t what it seems to be, but have a hidden agenda.
He had also said that Abubakar Atiku, one of the contenders for the presidential ticket, will be pressured to step down for former president Goodluck Jonathan
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