A prominent member of the All Progressives Congress (APC) in Osun State, Mr. Olatunbosun Oyintiloye, has expressed optimism about the economic reforms introduced by President Bola Ahmed Tinubu, predicting significant benefits for Nigerians in 2025. Speaking in Osogbo, Oyintiloye highlighted that the economic policies, although challenging in the short term, are already improving revenue generation and paving the way for future prosperity.
Acknowledging the hardships Nigerians faced in 2024, Oyintiloye commended their resilience, emphasising that the removal of fuel subsidies and the floating of the Naira were bold but necessary steps for long-term economic stability. He noted that recent reductions in fuel prices signal the beginning of economic relief, with more positive developments expected in the coming year.
The APC stalwart pointed to increased revenue allocation to states as a direct result of Tinubu’s policies, enabling local governments to deliver more developmental projects. Additionally, he highlighted the President’s approval of a $2.25 billion World Bank funding package to stabilise the economy, reduce interest rates in key sectors, and provide credit lines for businesses of all sizes.
Oyintiloye stated that these reforms have positioned Nigeria as a more attractive destination for investors, which will lead to job creation and economic growth. He emphasised that 2025 would see significant progress in infrastructure, agriculture, healthcare, education, and the digital economy.
Reiterating the administration’s commitment to alleviating the cost-of-living crisis, Oyintiloye urged Nigerians to support President Tinubu’s vision and remain patient as the reforms take full effect. He also called for continued prayers and cooperation to ensure the President’s success in achieving economic prosperity for the nation.
As a former member of the APC Presidential Campaign Council, Oyintiloye concluded by expressing confidence in Tinubu’s leadership, stressing that the current challenges are temporary and part of the foundation for a brighter economic future.
