Tinubu Rolls Out Wide-Ranging Reforms Across Economy, Governance, Says Atoyebi
President Bola Ahmed Tinubu has implemented sweeping reforms across governance, the economy, and social development sectors within his first three years in office, significantly improving fiscal stability, boosting revenue, and launching nationwide development initiatives, according to Honourable Bamidele Atoyebi, convener of the Bola Ahmed Tinubu Ideological Group.
Atoyebi stated that the administration has reduced Nigeria’s budget deficit from 50 percent in 2023 to 25 percent in 2025, while also increasing revenue generation and achieving a trade surplus estimated at ₦18 trillion within two years. He added that non-oil exports have risen by 40 percent, alongside over $40 billion in foreign investment inflows, reflecting renewed investor confidence.
Key financial and governance reforms include the establishment of the Nigerian Education Loan Fund (NELFUND), CreditCorp, and the National Credit Guarantee Company (NCGC), as well as the implementation of a tax reform bill and the enforcement of local government autonomy. The government has also halted the deployment of ways and means, a practice of printing money for FAAC allocations and reduced reliance on borrowing by states to pay salaries.
In the energy and infrastructure sector, the administration introduced a naira-for-crude policy, intensified oil asset metering to curb theft, and ensured direct remittance of funds to the Nigerian National Petroleum Company (NNPC).
Refinery operations have resumed under a profitability-driven model, while major infrastructure projects such as the Lagos–Calabar Coastal Highway and Sokoto–Badagry road are underway.
The government has also launched a nationwide compressed natural gas (CNG) initiative, including the development of six regional bus terminals, aimed at reducing transportation costs and energy dependence.
Agricultural reforms feature the creation of a livestock ministry, Special Agro-Processing Zones (SAPZ), and the revival of commodity boards for cocoa, cotton, textile, and garments.
On social development, Atoyebi highlighted programmes such as the 3 Million Technical Talent initiative (3MTTT), Technical and Vocational Education and Training (TVET), and the Digital Learning for All (DL4ALL) programme led by NITDA. Other initiatives include the Nutrition 774 programme, the Renewed Hope Ward Development Programme covering all 8,089 wards nationwide, and job and training support targeting 1,000 beneficiaries per ward.
Additional interventions span healthcare and security, including the National Health Fellows Programme, increased investment in medical infrastructure, and the deployment of forest guards across 1,149 reserves.
The administration also introduced the Nigeria First policy and the Smart Urban Planning Agenda (SUPA) to guide national development.
Economic stabilisation measures cited include clearing a $7 billion foreign exchange backlog, reducing debt to the International Monetary Fund from $3.26 billion to $800.23 million, and strengthening the Central Bank of Nigeria’s operations.
Access to loans for industries and small and medium enterprises has also been expanded, while six regional development commissions have been established to drive grassroots growth.
Atoyebi maintained that the breadth of reforms reflects a coordinated effort to reposition Nigeria’s economy, strengthen institutions and deliver inclusive development across sectors.





