27 April 2025 at 16:19Yayi praised President Tinubu for prioritising the future of unborn generations and urged Nigerians to remain patient as the administration’s reforms begin to yield positive results.Tinubu saved Nigeria’s economy from collapse – Senator YayiSenator Solomon Olamilekan Adeola (Yayi), who represents Ogun West, says that President Bola Tinubu’s tough economic reforms, including the removal of fuel subsidies and the floating of the naira, pulled Nigeria back from the brink of total collapse.
Speaking at a Town Hall Meeting and Mega Empowerment Programme in Ayetoro, Yewa North Local Government Area, the senator said Tinubu’s decisive actions were necessary after years of heavy borrowing under the previous administration to fund fuel subsidies and stabilise the naira.
Adeola, who also chairs the Senate Committee on Appropriations, revealed that the government had borrowed trillions of naira and over $ 400 billion to maintain the subsidy and the exchange rate. He said the policies only benefited a tiny fraction of Nigerians while dragging the economy down.
He praised President Tinubu for prioritising the future of unborn generations and urged Nigerians to remain patient as the administration’s reforms begin to yield positive results.
Recommended For YouNews
2025-04-16T15:16:18+00:00IGP summons Kaduna MOPOL over viral ₦5,000 handout video
The video, which surfaced online on Tuesday, shows uniformed officers lining up to receive the money from the Chinese businesspeople.
Local
2025-04-16T18:32:44+00:00Concerns as UN humanitarian agency set to shut down operations in Nigeria
The Humanitarian Affairs minister confirmed that he has been informed of the agency’s plan to shut down operations in Nigeria.
Pulse Picks
2025-04-16T11:35:20+00:00Moniepoint USSD Code For Transfers, Airtime, Data, Balance Check, and More
Use Moniepoint’s USSD code *5573# for easy offline banking. Check balance, transfer money, buy airtime, and more! Learn how to activate and use it now.
ALSO READ: Adamant Buhari says economy, security improved significantly under him
On his scorecard, Adeola listed a wide range of projects he had facilitated across Ogun West within two years. These include road constructions, power transformers, solar lights, ICT centres, primary healthcare centres, modern markets, and police stations.
He also announced a fresh scholarship and bursary scheme for 3,000 students across the district, offering 200,000 naira and 100,000 naira respectively.
The senator thanked Governor Dapo Abiodun for backing his initiatives and urged constituents to continue their support for both state and federal governments.
The Minister of State for Health and Social Welfare, Dr Iziaq Kunle Salako, who attended the event, commended Adeola for delivering real dividends of democracy to Ogun West.
ALSO READ: Nigerian economy, security need state of emergency, not Rivers – Ndume tells Tinubu
Adeola’s empowerment programme had earlier been held in Imeko Afon Local Government Area and is expected to continue across Yewa South, Ipokia, and Ado Odo Ota Local Government Areas.
LocalSubscribe to receive daily news updates.Accept Terms and Privacy Policy
GIPHY App Key not set. Please check settings