Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, defended the administration's economic reforms during a recent address. He stated that President Tinubu, who took office on May 29, 2023, implemented significant changes, including the removal of petrol subsidies and the floating of the naira, to avert a fiscal crisis and enhance financial allocations to states and local governments. Onanuga highlighted that many state governors have publicly recognized the positive impact of these reforms on their ability to fund salaries and infrastructure projects. He also noted the administration's commitment to addressing security challenges while emphasizing ongoing investments in major infrastructure initiatives and improvements in electricity supply.
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