A prominent Nigerian financial analyst and Chief Economist at SPM, Paul Alaje, has declared that President Bola Ahmed Tinubu could secure his place as Nigeria's greatest president if he successfully tackles two critical challenges: taming inflation and fixing electricity within the next two years.
Speaking during an interview with Channels Television's morning show on Monday, Alaje provided a critical assessment of Tinubu's administration's performance over the past two years, noting that while some policies have yielded positive results, others have fallen short of expectations.
Inflation: The Ultimate Challenge
Alaje emphasized that controlling inflation, which stood at 23.7 percent as of April 2025, must be the government's top priority to address Nigeria's economic hardship.
"After these two years, a few things have worked and another few have not worked," Alaje stated. "In the next two years, we should look out for how inflation can be tamed completely. That is the ultimate for the people. If the inflation is not tamed, no matter what is done, people will not feel the impact."
BenriNews reports that in April, Nigeria's inflation showed signs of cooling on a month-on-month basis, despite the continuing high market prices of goods and services that affect everyday Nigerians.
Electricity: The Legacy-Defining Issue
The financial analyst particularly stressed the importance of addressing Nigeria's persistent electricity challenges, especially for the manufacturing sector.
"Secondly, President Tinubu should start laying the foundation for electricity. When he became the president, I told him," Alaje revealed. "When former President Muhammadu Buhari was in office for eight years, I told one of his former colleagues that the president can only be successful if he has a one-point agenda: fix electricity and link it to manufacturers. I am telling President Bola Tinubu the same thing."
He added emphatically: "If you want your name to be in the sound of time, fix power and electricity. We will continue to remember him as one of the greatest presidents ever. Let power be available, especially for manufacturers."
Nigeria currently ranks among countries with the largest electricity access deficit, with approximately 13.2 million customers in a population exceeding 200 million struggling with just about 5,000 megawatts of electricity supply nationwide.
As President Tinubu's administration reaches its midpoint, these two economic indicators—inflation control and electricity improvement—may ultimately define his legacy and determine whether he will be remembered as a transformative leader who addressed Nigeria's most pressing challenges.
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