Nigeria Better Off Under Tinubu, Says Reno Omokri

Former presidential aide and ambassador-designate to Mexico, Reno Omokri, has said Nigeria is in a stronger economic position today than it was before President Bola Ahmed Tinubu assumed office in May 2023, citing improvements across key indicators.

In a statement shared on social media, Omokri pointed to declining inflation, increased minimum wage, higher federal allocations and expanded social interventions as evidence of progress under the current administration.

He argued that inflation, which stood at 23 percent in 2022 before Tinubu’s inauguration, has dropped significantly. “Please fact-check me: Nigeria’s inflation rate in 2022, before President Tinubu took office, was 23%. Today it is 15.9%,” Omokri stated.

Recent figures released by the National Bureau of Statistics (NBS) support his claim, showing that Nigeria’s headline inflation rate stood at 15.93 percent in May 2026.

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Omokri also highlighted the increase in the national minimum wage from N30,000 to N70,000, describing it as a major relief for workers facing rising living costs.

He further noted that monthly allocations distributed by the Federation Account Allocation Committee (FAAC) to states and local governments have risen sharply, from an average of N700 billion before the current administration to about N2.1 trillion.

According to him, the surge in allocations has strengthened the financial capacity of sub-national governments, enabling them to meet obligations such as salary payments, infrastructure development and social services.

The former presidential aide also referenced ongoing investments in infrastructure and the introduction of student loan schemes as part of broader efforts to stimulate economic growth and improve access to education.

While acknowledging that challenges remain, Omokri maintained that current economic trends suggest a positive trajectory for the country. He urged critics to assess the administration based on measurable data rather than sentiment.

His remarks come amid ongoing public debate over the state of the economy and the impact of recent reforms introduced by the Tinubu administration.

Government officials have consistently defended the reforms, saying they are necessary steps to stabilise the economy and lay the foundation for long-term growth.

Analysts say while improvements in macroeconomic indicators may signal progress, the real test will be how these gains translate into tangible benefits for ordinary Nigerians.

The administration has reiterated its commitment to sustaining reforms aimed at economic recovery, improved governance and inclusive development across the country.