Reno Omokri, a former presidential aide, has expressed optimism about Nigeria’s economic future under President Bola Tinubu’s reforms. He highlighted recent positive economic indicators such as a 3.46% GDP growth, a 4.3% unemployment rate, a record N5.8 trillion trade surplus, and the revitalization of the Port Harcourt refinery. Omokri also praised the Naira’s steady appreciation, emphasizing that despite short-term challenges, these reforms are laying the foundation for long-term prosperity.
Omokri noted that the removal of costly subsidies on petrol and forex has allowed the government to channel more resources into addressing critical sectors such as infrastructure, healthcare, and education. This shift, he said, has not only freed up much-needed funds but has also reduced national debt and bolstered Nigeria’s foreign reserves, which now exceed $40 billion.
The former aide urged Nigerians to embrace the reforms and support the current administration, despite lingering dissatisfaction with the outcome of the 2023 presidential election. He emphasized the need for unity in the face of challenges, pointing out that cooperation with Tinubu’s leadership is crucial for overcoming the country’s economic difficulties.
Omokri also drew lessons from the recent political developments in Syria, where Russia chose to prioritize its own national interests over supporting President Bashar al-Assad. He warned Nigerians, especially those who had expressed support for Russia during the cost-of-living protests, that foreign powers often act based on self-interest, and Nigeria must focus on its own national goals.
Omokri contrasted the stability and economic growth seen in West African democracies like Ghana, Côte d’Ivoire, and Liberia with the struggles faced by military-ruled nations such as Burkina Faso and Niger. He urged Nigerians to strengthen their commitment to democracy, highlighting that democratic governance and free-market policies are key to long-term prosperity.
