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Group backs Tinubu’s reform agenda, urges policy continuity for economic growth

The Centre for a Better Society in Nigeria has expressed strong support for the reform agenda of President Bola Ahmed Tinubu, describing the administration’s policies as bold structural measures capable

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March 11, 2026byThe Nation
3 min read

The Centre for a Better Society in Nigeria has expressed strong support for the reform agenda of President Bola Ahmed Tinubu, describing the administration’s policies as bold structural measures capable of repositioning the country for long-term economic competitiveness.

The position was made known at a conference held at the organisation’s headquarters, where its President, Vincent Ibhaze, highlighted key policy decisions introduced by the administration.

In a statement jointly signed by Ibhaze and the organisation’s Executive Secretary, Ken Obue, the group noted that one of the most significant policy steps taken by the government was the removal of the longstanding fuel subsidy.

According to the organisation, although the decision generated short-term economic adjustments and public debate, the move was necessary to reduce fiscal pressure, curb inefficiencies, and redirect public resources toward infrastructure and social investments.

The centre also pointed to the government’s foreign exchange unification policy, which it said aims to stabilise the currency market, boost investor confidence, and eliminate distortions associated with multiple exchange rates.

It further highlighted ongoing tax reform initiatives introduced by the administration to expand revenue generation, simplify compliance procedures, and reduce the country’s dependence on borrowing, thereby strengthening fiscal sustainability.

The group also commended the administration’s focus on infrastructure development, particularly in transportation networks, energy expansion, and digital innovation.

According to the statement, ongoing railway projects, road rehabilitation, and reforms in the power sector form part of a broader strategy aimed at improving productivity and stimulating industrial growth.

The centre noted that social investment programmes such as student loan schemes and targeted welfare interventions were introduced to cushion the impact of ongoing economic adjustments and improve access to education and opportunities for Nigerians.

On security, the organisation said the administration has strengthened collaboration with international partners, including the United States, particularly in intelligence sharing and counter-terrorism operations.

It described enhanced security cooperation as critical to national stability, noting that improved security coordination could encourage domestic enterprise and attract foreign direct investment.

Speaking at the conference, Ibhaze said sustained implementation of the reforms beyond the current administration could place Nigeria among leading global economies such as the United Arab Emirates, China, and Singapore within the next two decades

He emphasised that continuity of reforms, institutional strengthening, and bipartisan cooperation would determine whether the policies translate into measurable national transformation.

The organisation also appealed to opposition parties not to politicise structural reforms designed for long-term national development, stressing that responsible political engagement and policy continuity remain essential for sustained growth.

It added that while debate remains a key feature of democracy, Nigeria must focus on maintaining reform momentum beyond political cycles to achieve the economic resilience, stability, and global competitiveness envisioned by supporters of the current policies.

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