How Bola Tinubu Saved Nigeria from Financial Collapse

The Nigerian ReNewed Hope Solidarity Movement (NRHSM) has emphasized that Nigeria would have faced bankruptcy if not for the pragmatic policies and programs implemented by President Bola Ahmed Tinubu.

In a statement released to journalists in Abuja by its National Coordinator, Tom Obulu, the group commended the current administration’s relentless efforts in combating and eradicating corruption over the past year.

Obulu emphasized the group’s aspiration to see Tinubu’s renewed hope agenda extend to all grassroots levels for the betterment of all citizens. The group hailed the administration’s decisions as bold and courageous in steering the country’s affairs.

Commending the Tinubu administration for revisiting policies aimed at preventing Nigeria from bankruptcy, the movement highlighted initiatives such as the removal of fuel subsidies, forex market reforms, and the student loan scheme, which would facilitate access to quality education for underprivileged students.

Additionally, the group praised the administration for initiatives like the one million nano business owners program, the Lagos-Calabar Coastal Highway project, and the completion of the Aba-Port Harcourt railway line.

The movement discouraged opposition groups from inciting protests and advised the government to take action against hoarding to curb inflation.

Furthermore, the group supported the Minister of State for Defence, Bello Muhammed Matawale’s statement criticizing the Northern Elders Forum, stating that they lack the authority to represent the entire region and are a political burden to northerners.

 “This statement is amplified by the NHRSM because the NEF lacks a department that monitors the progress of achievements of this administration, they just seek power for its sake. They should wait for 2031 as there is no vacancy.

 “What the president needs now is the energy of the citizens of Nigeria to show support for his government and move toward the good governance that we need,” Obulu added.

He urged Organized Labour to be cautious in their demand for a minimum wage, arguing that the proposed N615,000 benchmark would cause immediate hyperinflation and destabilize Nigeria’s economy.