Thursday, October 9, 2025
  • About
  • Advertise
  • Careers
  • Contact
Newsroom Nigeria
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life
No Result
View All Result
Newsroom Nigeria
ADVERTISEMENT
Home Across the Nation

Viewpoint: From Fragility to Foundations: Inside PBAT’s Political Economy By Tanimu Yakubu

Currency reform was the first bold stroke. By floating the naira, clearing a $4 billion foreign exchange backlog, and bringing remittances into official channels, the government restored some measure of trust

Newsroom Nigeria by Newsroom Nigeria
September 6, 2025
in Across the Nation
Reading Time: 2 mins read
Viewpoint: From Fragility to Foundations: Inside PBAT’s Political Economy By Tanimu Yakubu
0
SHARES
Share on FacebookShare on Twitter

By Tanimu Yakubu

In early 2024, Nigeria’s naira collapsed to ₦1,800 per dollar, rattling households and businesses alike. By August 2025, it had strengthened to ₦1,525. For President Bola Ahmed Tinubu, this was not just recovery but the opening proof of his broader political economy: building Nigeria on three foundations — credible currency, concrete infrastructure, and kilowatts of power.

Related posts

TINUBU PARDONS HERBERT MACAULAY, VATSA, LAWAN, GRANTS CLEMENCY TO 82 INMATES

TINUBU PARDONS HERBERT MACAULAY, VATSA, LAWAN, GRANTS CLEMENCY TO 82 INMATES

October 9, 2025
HE WAS THE FINEST OF MEN, AND WAS EXCEPTIONALLY BRILLIANT, SAYS TINUBU IN TRIBUTE TO THE LATE DR CHRISTOPHER KOLADE

HE WAS THE FINEST OF MEN, AND WAS EXCEPTIONALLY BRILLIANT, SAYS TINUBU IN TRIBUTE TO THE LATE DR CHRISTOPHER KOLADE

October 9, 2025

Currency reform was the first bold stroke. By floating the naira, clearing a $4 billion foreign exchange backlog, and bringing remittances into official channels, the government restored some measure of trust. For traders, it meant fewer shocks when pricing goods. For students abroad, it meant less uncertainty over tuition. For investors, it meant a government that honored obligations. The naira, long a burden to defend, began to look like a tool to deploy.

Infrastructure has been Tinubu’s second lever. More than ₦5.9 trillion has gone into projects in the Northwest, his electoral base, but their benefits ripple nationwide. The Kaduna–Kano Expressway, Kano–Maiduguri Highway, and Sokoto–Illela Corridor cut travel times and lower costs for farmers and traders. Lagos, reframed as a logistics hub, connects northern produce to southern ports and eastern manufacturers to western markets. Concrete here is less a regional trophy than a national glue.

Yet roads without power remain empty. The revival of the 255MW Kaduna Power Plant shows how electricity must animate infrastructure. For factories, kilowatts mean extra shifts and more jobs. For clinics, they mean functioning refrigerators for vaccines. For children, they mean studying under electric light rather than kerosene lamps. Renewables strengthen the justice dimension: solar irrigation in Zamfara demonstrates how energy can power farms and livelihoods as well as industry.

The most ambitious vision is the Tinubu National Beltway, a Calabar–Maiduguri–Sokoto arc that redraws Nigeria’s map. But it is not alone. With work on the Badagry–Lagos expressway, the Illela–Sokoto corridor, and the Lagos–Calabar Coastal Super Highway, Tinubu is effectively sketching a square of dual carriageways across the federation. The Beltway curves, the coastal and northern lines straighten — forming a lattice of asphalt that stabilizes the country. It is geography turned into strategy: a deliberate grid that holds together Nigeria’s diversity.

This continuity builds on his predecessor. Muhammadu Buhari poured concrete into signature projects — railways, bridges, and the Second Niger Bridge. Tinubu extends that legacy, turning Buhari’s lines into loops, spines into squares. Rather than rivals, the two appear as successive masons: Buhari laying the pillars, Tinubu closing the frame. The partnership is political continuity made visible in concrete and steel.

Critics dismiss this as propaganda, pointing to charts suggesting Lagos benefits most or that projects tilt northward. Yet the truest measure is lived experience: the driver who now saves hours on a repaired highway, the trader whose goods arrive in Lagos sooner. Hashtags fade; asphalt endures.

Risks remain. Nigeria has a history of stalled projects and rising costs. Inflation bites households even as reforms strengthen exporters. Security looms as a constant threat — a rebuilt road can be rendered useless overnight by banditry. And without deeper financial markets, FX stability will remain vulnerable.

Still, Tinubu’s wager is clear. Currency credibility fuels competitiveness. Concrete stitches the federation into one market. Kilowatts power productivity and dignity. From fragility to foundations, he extends Buhari’s groundwork and sets Nigeria on a course where economic geography and political coalition are bound together.

 

 

 

*Yakubu is the Director-General of Budget Office

ShareTweetSendShareShare
Previous Post

VIEWPOINT: SPITTING ON DELE GIWA’S GRAVE; THROWING GANI UNDER THE BUS: THE YAKUBU MOHAMMED’S “REVELATIONS”

Next Post

HEDA to Train Media and Communicators on Transforming Climate Narratives into Action

Related Posts

TINUBU PARDONS HERBERT MACAULAY, VATSA, LAWAN, GRANTS CLEMENCY TO 82 INMATES
Across the Nation

TINUBU PARDONS HERBERT MACAULAY, VATSA, LAWAN, GRANTS CLEMENCY TO 82 INMATES

October 9, 2025
HE WAS THE FINEST OF MEN, AND WAS EXCEPTIONALLY BRILLIANT, SAYS TINUBU IN TRIBUTE TO THE LATE DR CHRISTOPHER KOLADE
Across the Nation

HE WAS THE FINEST OF MEN, AND WAS EXCEPTIONALLY BRILLIANT, SAYS TINUBU IN TRIBUTE TO THE LATE DR CHRISTOPHER KOLADE

October 9, 2025
NATIONAL COUNCIL OF STATE UNANIMOUSLY APPROVES APPOINTMENT  AMUPITAN AS INEC CHAIRMAN
Across the Nation

NATIONAL COUNCIL OF STATE UNANIMOUSLY APPROVES APPOINTMENT  AMUPITAN AS INEC CHAIRMAN

October 9, 2025
10th African Brands Congress 2025 On October 13th
Across the Nation

10th African Brands Congress 2025 On October 13th

October 8, 2025
TINUBU ACCEPTS RESIGNATION OF GEOFFREY NNAJI AS MINISTER
Across the Nation

TINUBU ACCEPTS RESIGNATION OF GEOFFREY NNAJI AS MINISTER

October 7, 2025
VIEWPOINT: OWERRI : IN THE HEARTLAND OF THE SOUTH EAST, TINUBU STRENGTHENS BONDS, By Sunday Dare
Across the Nation

VIEWPOINT: OWERRI : IN THE HEARTLAND OF THE SOUTH EAST, TINUBU STRENGTHENS BONDS, By Sunday Dare

October 6, 2025
Next Post
HEDA to Train Media and Communicators on Transforming Climate Narratives into Action

HEDA to Train Media and Communicators on Transforming Climate Narratives into Action

RECOMMENDED NEWS

ONDO APPOINTS  NEW VICE CHANCELLOR, VISITATION PANEL FOR UNIMED

7 months ago

APOSTLE SULEMAN WEARS NEW LOOK

3 years ago

BUHARI COMMISSIONS  ULTRA-MODERN PRESIDENTIAL/VIP WING OF STATE HOUSE MEDICAL CENTRE BUILT BY JULIUS BERGER

2 years ago

LAGOS ASSEMBLY HAILS GBAJABIAMILA, DESCRIBES HIM AS THE PRIDE OF LAGOS

3 years ago

FOLLOW US

ADVERTISEMENT
ADVERTISEMENT

POPULAR NEWS

  • LAGOS, OSUN STAKEHOLDERS REJECT PDP ZONING, RALLY FOR GBENGA HASHIM

    South Rejected Tinubu in 2023, North and South Will Reject Him in 2027 — Gbenga Hashim’s Group

    0 shares
    Share 0 Tweet 0
  • NATIONAL COUNCIL OF STATE UNANIMOUSLY APPROVES APPOINTMENT  AMUPITAN AS INEC CHAIRMAN

    0 shares
    Share 0 Tweet 0
  • TINUBU ACCEPTS INEC CHAIRMAN’S DEPARTURE, BESTOWS NATIONAL HONOUR ON HIM

    0 shares
    Share 0 Tweet 0
  • TINUBU ACCEPTS RESIGNATION OF GEOFFREY NNAJI AS MINISTER

    0 shares
    Share 0 Tweet 0
  • HEDA Drags Ozekhome, Son to ICPC Over Alleged Fraud, Forged IDs and London Property Grab

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
Newsroom Nigeria

The NEWSROOM NIGERIA is an independent, liberal on – line news platform committed to the right of the individual to pursue his economic happiness, without undue interference of the state. It shall promote the rights of the individual; right to freedom of worship and conscience, and to hold opinions and impact same without hindrance, subject to such laws are as consistent with the constitution and necessary for the protection of the rights of others.

  • About
  • Advertise
  • Careers
  • Contact

© 2025 Newsroom Nigeria - Designed by Semasir Connect.

No Result
View All Result
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life

© 2025 Newsroom Nigeria - Designed by Semasir Connect.