By Muhammad Mamman
Former presidential candidate of the Social Democratic Party (SDP), Adewole Adebayo, says President Bola Tinubu has managed to stabilise Nigeria’s struggling economy, which he described as badly mismanaged under former President Muhammadu Buhari.
Speaking on Politics Today on Channels Television, Adebayo likened the economy Tinubu inherited to “a patient in the emergency room,” arguing that while the President has kept it from collapse, he has yet to diagnose its underlying problems.
“What President Tinubu has done is to stabilise the patient. The patient may not die imminently, but the ailment remains unidentified,” he said.
Adebayo acknowledged some gains in specific sectors but claimed that certain policy moves had initially worsened the situation. He also described Tinubu as “a well-known tax collector,” citing his record in Lagos and his current drive for federal tax reforms.
In June, Tinubu signed four major tax reform bills into law, designed to simplify collection, broaden the tax net and reduce the burden on low-income earners and small businesses. The reforms take effect from 1 January 2026.
