The Presidency has affirmed the performance of the President Tinubu-led administration, saying the Nigerian leader, has demonstrated effective leadership over the past two years and seven months through strategic policies and far-reaching reforms anchored on homegrown solutions.
Reacting to remarks made by the former Labour Party presidential candidate, Mr Peter Obi while defecting to the African Democratic Congress (ADC), Onanuga said nations require original thinkers rather than “copycats,” stressing that Nigeria’s development challenges demand indigenous solutions rather than borrowed models from other countries.
In a post on his X handle, @aonanuga1956, Onanuga said President Tinubu’s administration, since assuming office on May 29, 2023, has restructured the economy, eliminated wasteful petrol subsidies, and reduced overdependence on the oil sector, with renewed focus on gas development and increased attraction of both local and foreign investments.
He added that the administration has recorded improvements in foreign reserves, exchange-rate stability, and easing inflation, while also embarking on ambitious infrastructure projects such as the Lagos–Calabar Coastal Highway and the Sokoto–Badagry Superhighway.
Mr Onanuga emphasised that the planned tax reforms set to commence on January 1st would harmonise Nigeria’s fragmented tax system, improve revenue generation, and boost economic prosperity.
“For the past two years and seven months, Tinubu has demonstrated effective leadership anchored in strategic policies and reforms.”Onanuga said.
The presidential aide said that understanding Nigeria’s unique realities is critical to the country’s economic structuring, adding that the coming year will see greater development and a clearer manifestation of Nigeria’s economic fortunes.