A former member of House of Representatives, Rep. Sam Onuigbo, has lauded President Bola Tinubu over his administration’s focused economic policies.
Onuigbo, who represented Ikwuano/Umuahia Federal Constituency in the Eighth and Ninth House of Representatives, gave the commendation in an interview with the News Agency of Nigeria (NAN) in Abuja on Monday.
He described that the recent endorsement of Tinubu for a second term by Igbo leaders in APC as a testament to the president’s exemplary leadership through bold economic reforms.
“We appreciate his (Tinubu’s) focused economic policies which have been domestically and globally validated.
“We don’t want to be peeping through a broken wall or window. We want to see our return on investment on political capital,” he said.
Newsmen reports that some of the president’s economic reforms include: fuel subsidy removal whouch ended the long-standing subsidy payment on Premium Motor Spirit (PMS).
NAN also reports that even though the policy led to increase in fuel costs, it eventually freed up significant government revenue.
Part of the economic reforms was also the exchange rate unification that merged multiple foreign exchange windows into a single, more market-driven rate, which was aimed at reducing arbitrage and attracting investment, leading to Naira devaluation.
Newsmen reports that APC stakeholders in the South-East on Saturday formally endorsed Tinubu for a second term in office, pledging to mobilise massive votes for his re-election in 2027.
