Nigeria: Tinubu defends his economic record ahead of the presidential election

Nigerian President Bola Tinubu stated that signs of economic improvement are now « undeniable », with GDP growing by over 4% this year. He credits the recovery to both the oil and non-oil sectors, noting a decrease in oil theft and a significant drop in inflation from its peak. Since taking office in 2023, Tinubu has implemented economic reforms such as removing fuel subsidies and ending the currency regime, which led to a depreciation of the naira and increased inflation, affecting household purchasing power. He emphasized the need for security for farmers, reliable electricity for businesses, and job creation for youth.