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Tinubu’s Tough Economic Reforms Laying Groundwork for Long-Term Stability – Ex-Rep


A former member of the House of Representatives, Oghene Egoh, has defended President Bola Tinubu’s economic policies, saying the tough decisions taken so far are laying a solid foundation for Nigeria’s long-term economic stability despite current challenges.


Egoh, who represented Amuwo-Odofin Federal Constituency in Lagos, made the remarks while commending the Tinubu administration’s infrastructure drive and economic reforms.


He highlighted key ongoing projects, including the near-completion of the Lagos-Ibadan Expressway, the Lagos-Calabar Coastal Highway, the Sokoto-Badagry Superhighway, the Abuja-Kaduna-Zaria-Kano dual carriageway, the Enugu-Onitsha Expressway, and the expansion of the Bodo-Bonny Road.


“The Lagos-Ibadan Expressway is one of the most important economic corridors in Nigeria, and its near completion under President Tinubu is commendable,” Egoh said.


He described the Lagos-Calabar Coastal Highway as a transformative project that would boost coastal connectivity, tourism, trade, and the blue economy. 


He added that the Sokoto-Badagry Superhighway would strengthen North-South trade routes, improve agricultural logistics, and promote national unity.


Egoh also praised the administration’s decision to adopt reinforced concrete pavement for major highways, noting that it would improve durability, reduce maintenance costs, and deliver better value for public funds.


On the economy, the former lawmaker stated that President Tinubu’s reforms particularly the removal of fuel subsidies, foreign exchange adjustments, and innovative infrastructure financing strategies were necessary, even if painful in the short term.


“Economic reform is never easy, but courageous leadership requires making tough decisions for the greater good. President Tinubu has shown political will in confronting difficult realities,” Egoh said.


He expressed confidence that the benefits of these reforms would become more visible in the coming years and urged Nigerians to exercise patience.


"Tinubu’s reforms were laying the groundwork for long-term stability despite short-term challenges,” he added.


The comments come amid ongoing debates over the impact of the government’s economic measures, which have triggered higher inflation and cost-of-living pressures but are defended by supporters as essential for correcting long-standing structural distortions in the economy. 

  

 

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