The Centre for a Better Society in Nigeria has expressed strong backing for the reform initiatives of President Bola Ahmed Tinubu, describing the administration’s policies as bold structural steps that could reposition Nigeria for long-term economic competitiveness.
The group made its position known during a conference at its headquarters, where its President, Vincent Ibhaze, highlighted several key policy decisions introduced by the current administration.
In a statement jointly signed by Ibhaze and the organisation’s Executive Secretary, Ken Obue, the group identified the removal of the long-standing fuel subsidy as one of the most significant policy moves by the government.
According to the organisation, although the decision sparked public debate and short-term economic adjustments, it was necessary to ease fiscal pressure, address inefficiencies, and redirect government resources toward infrastructure development and social investments.
The centre also referenced the administration’s foreign exchange unification policy, noting that it is intended to stabilise the currency market, improve investor confidence, and eliminate distortions created by multiple exchange rates.
Additionally, the group highlighted ongoing tax reform efforts aimed at increasing government revenue, simplifying tax compliance, and reducing Nigeria’s reliance on borrowing, thereby strengthening fiscal sustainability.
It further commended the administration’s focus on infrastructure, particularly improvements in transportation systems, energy expansion, and digital innovation. According to the statement, railway projects, road rehabilitation, and reforms in the power sector are part of a broader strategy to boost productivity and stimulate industrial growth.
The organisation also pointed to social investment initiatives, including student loan programmes and targeted welfare interventions, which it said were introduced to cushion the impact of economic reforms and improve access to education and opportunities for Nigerians.
On security matters, the group stated that the administration has strengthened collaboration with international partners, including the United States, particularly in intelligence sharing and counter-terrorism efforts. It noted that enhanced security cooperation is essential for national stability and could encourage domestic enterprise while attracting foreign investment.
Speaking at the conference, Ibhaze said sustained implementation of these reforms beyond the current administration could position Nigeria among leading global economies such as the United Arab Emirates, China, and Singapore within the next two decades.
He stressed that the success of these policies will depend largely on continuity, stronger institutions, and bipartisan cooperation.
The organisation also urged opposition parties not to politicise structural reforms aimed at long-term national development. It emphasised that responsible political engagement and policy continuity are crucial for sustained economic growth.
While acknowledging that debate is an essential part of democracy, the group concluded that Nigeria must maintain the momentum of reforms beyond political cycles in order to achieve economic resilience, stability, and global competitiveness.
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