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Bolaji Ogundele

From resolutions to results: Tinubu hands baton to governors,

Although it did not dominate the media space the way some weeks do, last week was another busy and consequential one for President Bola Ahmed Tinubu. And it was not

Author 18290
February 15, 2026·8 min read
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Although it did not dominate the media space the way some weeks do, last week was another busy and consequential one for President Bola Ahmed Tinubu. And it was not merely busy in the sense of engagements and visitors; it was busy in the deeper sense of direction, impact, and the steady shaping of a new national rhythm.

As this column has consistently noted, President Tinubu is a focused and dedicated public servant. That quality again found expression last week, either through the affirmation implied in a powerful ally-nation’s royal invitation, or through the blunt but necessary message he delivered to a critical power bloc in Nigeria’s governance equation. The week carried big moments: a royal invitation from King Charles III for a state visit to the United Kingdom, a record broken by the Bank of Industry (BOI) with N636 billion disbursed to businesses, and even the witness of a respected private sector leader, Tony Elumelu, to the President’s commitment to small businesses.

Yet, when all is weighed, Tinubu’s messages to the National Economic Council (NEC) at its two-day conference rose above the rest. It was the kind of week where ceremony mattered, financing mattered, diplomacy mattered, but governance mattered most.

On Monday, the President declared open the second edition of the NEC Conference, themed “Delivering Inclusive Growth and Sustainable National Development: The Renewed Hope National Development Plan 2026–2030.” On Tuesday, the conference was brought to a close, with Senate President Godswill Akpabio representing the President at the closing ceremony. But whether he spoke directly or through representation, the message was the same: Nigeria has entered a phase where the Federal Government cannot carry the nation alone.

In his opening address, Tinubu declared that the next phase of Nigeria’s development journey would depend largely on state governments and local government authorities playing their roles effectively in implementing the Renewed Hope National Development Plan 2026–2030. He described the plan as Nigeria’s next major policy pathway. While the Federal Government would provide national direction, the outcomes Nigerians expect, he said, would be delivered mainly through effective action at the subnational level.

Read Also: Guterres to Shettima: Nigeria must lead Africa’s push for new global order

In plain language, the baton has been passed.

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This was not a casual statement. It was a deliberate political and administrative repositioning. It was Tinubu, in his characteristic strategic manner, reminding governors and council chairmen that Nigeria’s federal structure is not designed for spectatorship. If the Federal Government is to set direction, the states and councils must translate it into roads, schools, health centres, farms, markets, jobs and opportunities.

The President acknowledged the inherited structural challenges Nigeria faces: macroeconomic imbalances, infrastructure deficits, unemployment, poverty, climate vulnerabilities and limited fiscal space. But he also insisted that Nigeria’s resilience and creativity remain strong, and that bold reforms since his administration came in have been implemented to stabilise the economy, restore confidence and lay the foundation for long-term growth.

He cited increased and more predictable FAAC allocations to states and local governments as part of the gains recorded, arguing that the improved inflows have strengthened their capacity to pay salaries, invest in infrastructure and deliver social services. In other words, the era of blaming Abuja for everything must give way to an era of responsibility and delivery.

Tinubu also spoke of improved revenue performance, stronger public financial management and enhanced fiscal coordination as part of efforts to strengthen macroeconomic stability. He highlighted infrastructure priorities across transportation, power, digital connectivity, housing and irrigation as catalysts for inclusive growth, while expanding social investment and human capital programmes targeting vulnerable households, youth, women and small businesses. He also referenced the Renewed Hope Ward Development Project as a bottom-up mechanism for grassroots inclusion.

Then came the deeper point: the plan itself. Tinubu described the Renewed Hope National Development Plan 2026–2030 as evidence-based, realistic and anchored on inclusive, balanced and environmentally sustainable growth. It prioritises economic diversification and productivity, human capital development, subnational competitiveness based on comparative advantage, private sector-led growth and climate resilience.

But the President’s insistence remained consistent: the plan’s success would be determined by how well state governments and local councils translate national priorities into practical results for citizens. He urged leaders to move from declarations to implementation through data-driven decision-making, peer learning among states and innovative financing models. “Nigeria’s diversity is our strength. When every state grows, Nigeria grows,” he said.

If Monday was the challenge, Tuesday was the dessert served with a warning. At the closing ceremony, Tinubu told governors and key federal institutions that the NEC Conference must not end as another high-level conversation with no measurable impact on citizens. Nigeria, he said, has had enough of resolutions.

He insisted that the Renewed Hope Agenda would be judged by what Nigerians can see and feel: jobs created, businesses supported, roads constructed, schools strengthened, healthcare improved and opportunities expanded. “Reform is not an event. It is a process. It requires courage, patience and consistency,” he said. It was a line that sounded like a national reminder that governance is not a speech; it is performance.

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Against this NEC backdrop came the diplomatic moment that would ordinarily dominate any week. On Sunday, the Royal Family announced that King Charles III had invited President Tinubu and First Lady Oluremi Tinubu for a state visit to the United Kingdom. The symbolism is not lost. Such invitations, in global diplomatic language, are not routine gestures. They are signals.

They suggest recognition. They suggest interest. They suggest that Nigeria’s profile is rising again in the calculations of major world powers. They also suggest that Tinubu’s steady foreign policy engagements, and his administration’s reforms, are beginning to rebuild confidence in Nigeria as a serious partner. In an era where global alliances are increasingly shaped by economic credibility, stability and strategic value, the invitation is an implied affirmation that Nigeria is being repositioned.

Then came Thursday’s economic validation. The Bank of Industry announced it had disbursed a record N636 billion in loans to businesses in 2025, the highest annual financing volume in the institution’s history. The loans reached more than 7,000 enterprises nationwide. The breakdown revealed a deliberate spread: N202 billion to agro-allied enterprises; N100 billion to critical infrastructure including broadband, power, aviation and transportation; N79 billion to manufacturing; N77 billion to extractive industries; and N55 billion to services. BOI also deployed N73 billion in managed and matching funds for state governments and institutional partners.

The President commended the performance, describing it as concrete evidence that his macroeconomic reforms are strengthening development finance institutions and unlocking capital for productive sectors. Under the N200 billion MSME intervention programme, BOI recorded over 95 per cent performance, while the Presidential Conditional Grant Scheme reached 957,400 beneficiaries in 2025 alone. The financing activities were said to have led to the creation and retention of about 1.6 million jobs.

On Friday, the week rounded off with the testimony of Tony Elumelu after his closed-door meeting with the President. Elumelu said Tinubu was “very passionate” about “capacitising” small and medium scale entrepreneurs, describing them as the engine of economic growth. He spoke about tax reforms, BOI financing, FX stability and the need to address power sector debts. The message was clear: the President is thinking about the economy not only in numbers, but in the lives and survival of small businesses.

Yet, beyond the NEC Conference’s loud policy signal and the royal invitation’s soft power symbolism, the President’s week still had many other moving parts, each one reinforcing the same governing temperament: steady, deliberate, and deeply attentive to Nigeria’s place in a changing world.

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On Sunday, he received a high-level delegation from the United States Africa Command (AFRICOM), led by General Dagvin Anderson, alongside the U.S. Chargé d’Affaires, Keith Heffern, an engagement that underscored the administration’s insistence that national security remains a pillar of economic stability. He followed this with a chain of messages that blended politics, culture and governance: celebrating Afenifere chieftain, Abagun Kole Omololu, at 70; greeting philanthropist Sir Emeka Offor; and saluting Nigerian-born Seattle Seahawks stars after their Super Bowl triumph.

He also made key appointments in the power and technology ecosystem, approving a new NEMSA leadership and naming Magaji Da’u Aliyu as SHESTCO Managing Director. In the same week, he congratulated Agriculture Minister Abubakar Kyari on his election as IFAD Governing Council chair, while nominating Ambassador Ismail Abba Yusuf as NAHCON Chairman.

The President also paid tribute to the late Prof. Biodun Jeyifo, honoured Princess Sarah Sosan and Bello Matawalle on their birthdays, and reflected on Murtala Mohammed’s legacy at 50, before heading to Kebbi to inaugurate projects and headline the 2026 Argungu Festival.

Taken together, last week revealed a pattern. Tinubu is not just chasing applause. He is chasing outcomes. He is not just reforming the centre; he is demanding performance from the periphery. He is not just courting global respect; he is building the domestic foundation that makes respect sustainable.

The NEC message was the anchor: Nigeria’s next phase hinges on states and councils. The royal invitation was the signal: the world is watching again. The BOI record was the evidence: reforms are unlocking capital. Elumelu’s witness was the confirmation: the private sector is hearing clarity.

And that, ultimately, was the story of last week.

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Author 18290

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