Nigeria’s Crisis: Is the Problem the President or the System?

I asked AI whether President Bola Tinubu is wrong for Nigeria, but the discussion quickly became bigger than one person. The fuel-subsidy removal and foreign-exchange reforms may have been intended to fix long-standing economic problems, yet they have also deepened the cost-of-living crisis for many Nigerians. My biggest concern is fairness. Citizens are being asked to endure higher fuel, food, transport and rent costs, while government spending and political privileges often appear untouched. If subsidy removal has increased revenue for all tiers of government, Nigerians deserve to see clear improvements in salaries, services, infrastructure and security. A higher salary means little when inflation destroys purchasing power. Someone earning more today may still be poorer if essential goods, transport, school fees and healthcare now consume most of their income. I believe Nigeria’s challenge is deeper than whoever occupies the presidency. Leadership matters, but so do the institutions, incentives, accountability systems and political structure beneath it. Part two will examine what restructuring could mean and why reforms such as the Oronsaye Report remain difficult to implement.

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