{"id":179194,"date":"2025-09-17T08:29:01","date_gmt":"2025-09-17T07:29:01","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/tinubus-economic-progress-in-three-key-areas"},"modified":"2025-09-17T09:55:43","modified_gmt":"2025-09-17T08:55:43","slug":"tinubus-economic-progress-in-three-key-areas","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-economic-progress-in-three-key-areas","title":{"rendered":"Tinubu&#8217;s Economic Progress in Three Key Areas"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>Former presidential candidate of the Social Democratic Party, SDP, Adewole Adebayo has highlighted three areas where President Bola Tinubu has made progress in managing Nigeria\u2019s economy.<\/p>\n<p>Speaking on Channels Television\u2019s Politics Today on Tuesday, Adebayo said: \u201cIt\u2019s obvious that the economy that President Buhari left was a poorly managed economy, and was an emergency room patient. Like any emergency room patient, the road to recovery will be a good diagnosis by the doctor. So if the doctor is able to know what is the reason why you are ill, he will be able to put you on a solid path to recovery.<\/p>\n<p>\u201cWhat President Tinubu has done is to stabilise the patient, but I\u2019m not sure that he has managed to know the ailment. So the patient is not going to die imminently, but he hasn\u2019t found a cure. He hasn\u2019t been able to identify the problem, the ailment that is disturbing the patient, but as an emergency room doctor he is taking some steps, some of it actually aggravated the case of the patient, but over time, he appears to have one or two wins in two sectors, which is why it appears that they might be deceived into thinking that the patient is on his road to recovery.\u201d<\/p>\n<p>Continuing, he said: \u201cOne, he has managed to get more revenue. At least in nominal terms, domestic borrowing that was the feature of President Tinubu\u2019s public finance has reduced. So he\u2019s managed to get some revenue. Of course, because of other wrong headed policies, that money he\u2019s gotten, in real terms, will not be able to finance a lot of the government spending and infrastructure. However, in terms of balance sheet, Tinubu has managed to have a better balance sheet than Buhari left him.<\/p>\n<p>\u201cThe second thing that helped them, which we will know in the long run whether it\u2019s really a good thing to do, was that they rebased inflation. So they started counting inflation differently. So if they say inflation has dropped to about 20 point something per cent now from 21 point something per cent last month, it\u2019s not because the economy is performing better, but because the country has changed, and whether the accounting is more reflective of the reality. Let us see what happens by the first quarter of next year, when they are implementing their budget. Remember that the 2025 budget doesn\u2019t appear to have come on stream yet, so we won\u2019t be able to know how that works in terms of macroeconomics.<\/p>\n<p>\u201cThen the third thing that has worked for them is the relative fall in food inflation. So, food inflation has dropped, and food inflation is a major component of the inflation basket. Since the prices of food stuff has come down a bit, not that those who are at home are going to feel it, because it hasn\u2019t dropped to the level where they can feel it, but it has dropped in the numbers. It\u2019s like someone who\u2019s trying to catch a bag of rice that is placed 10 feet above your car, your hand cannot reach it, but if you drop it to eight feet, your hand still cannot reach it, but it\u2019s lower than before. That\u2019s how it is. In a way, the economy is not, in terms of these numbers, worse now than they were last year, slightly better, but far away from where it ought to be.\u201d<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Nigeria<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. Former presidential candidate of the Social Democratic Party, SDP, Adewole Adebayo has highlighted three areas where President Bola Tinubu has made progress in managing Nigeria\u2019s economy. Speaking on Channels Television\u2019s Politics Today on Tuesday, Adebayo said: \u201cIt\u2019s obvious that the economy that President Buhari left was a poorly managed economy, and was [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":179192,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[9212,254,945],"class_list":["post-179194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-adewole-adebayo","tag-nigeria","tag-tinubu"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tinubu&#039;s Economic Progress in Three Key Areas - Nigeria<\/title>\n<meta name=\"description\" content=\"Former presidential candidate of the Social Democratic Party, SDP, Adewole Adebayo has highlighted three areas where Pre ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-economic-progress-in-three-key-areas\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tinubu&#039;s Economic Progress in Three Key Areas\" \/>\n<meta property=\"og:description\" content=\"Former presidential candidate of the Social Democratic Party, SDP, Adewole Adebayo has highlighted three areas where Pre ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-economic-progress-in-three-key-areas\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-17T07:29:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-17T08:55:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/09\/sm_1758086682.415214.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-economic-progress-in-three-key-areas#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-economic-progress-in-three-key-areas\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Tinubu&#8217;s Economic Progress in Three Key Areas\",\"datePublished\":\"2025-09-17T07:29:01+00:00\",\"dateModified\":\"2025-09-17T08:55:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-economic-progress-in-three-key-areas\"},\"wordCount\":604,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-economic-progress-in-three-key-areas#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/09\/sm_1758086682.415214.jpg\",\"keywords\":[\"Adewole Adebayo\",\"Nigeria\",\"Tinubu\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-economic-progress-in-three-key-areas#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-economic-progress-in-three-key-areas\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-economic-progress-in-three-key-areas\",\"name\":\"Tinubu's Economic Progress in Three Key Areas - 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