Friday, October 23, 2026

Bola Tinubu’s eight months of renewed shege

As the curtain rises on this political drama, one cannot help but notice the glaring inconsistencies and comedic missteps that have characterised Bola Tinubu’s performance so far.

• March 12, 2024
Bola Tinubu and poor Nigerian masses
Bola Tinubu and poor Nigerian masses

In the grand theatre of governance, every administration is handed a script delineating its roles and responsibilities. For the Tinubu administration, tasked with the stewardship of Nigeria’s fate, the playbook outlines three pivotal areas for evaluation: monetary policy and economic management, national security, and foreign relations. 

As the curtain rises on this political drama, one cannot help but notice the glaring inconsistencies and comedic missteps that have characterised the performance thus far.

Let us commence our critique with a glance at the Tinubu administration’s handling of monetary policy. In this realm, the government has showcased a talent for fiscal folly that would make even the most reckless spendthrift blush with embarrassment. 

The naira, once a stalwart symbol of national pride, now flounders in the turbulent waters of economic mismanagement, battered and bruised by the whims of inept decision-makers. The administration’s penchant for borrowing from the Central Bank of Nigeria (CBN) with reckless abandon has rendered the national currency more vulnerable than a house of cards in a hurricane.

In a rare moment of candour, even the administration’s own CBN chief, Yemi Cardoso, was compelled to break ranks and sound the alarm on the government’s wanton disregard for fiscal responsibility. 

Indeed, Cardoso’s public outcry served as a damning indictment of the administration’s reckless borrowing practices, which have pushed the Naira to the brink of collapse.

Adding insult to injury, the decision to float the naira without the requisite foreign reserves resembles nothing short of a harebrained scheme concocted by a bumbling amateur.

Without robust foreign exchange earnings to bolster its defences, the naira finds itself woefully ill-equipped to navigate the treacherous waters of the global financial landscape. 

One cannot help but wonder if the administration mistook governance for a game of football, for even in the realm of sports, a team without a competent reserve bench is destined for failure.

Transitioning from monetary policy to national economic management, one is greeted by a tableau of somnolence and indifference. 

From the moment the administration declared the demise of the petroleum subsidy regime, Nigerians have been subjected to a relentless barrage of economic hardship while Mr Tinubu and his team slumber in blissful ignorance. 

As the populace grapples with skyrocketing prices and dwindling purchasing power, the Tinubu government remains conspicuously absent, as if caught in the throes of a perpetual siesta-more so that the Tinubu government sees sleepless nights as a badge of honour, while a good night’s rest is dismissed as a luxury reserved for the weak.

Turning our attention to matters of national security, the Tinubu administration’s performance resembles a tragicomedy of errors, replete with plot twists that defy logic and coherence. 

In eight months, the administration has managed to unravel the fragile tapestry of security painstakingly woven by its predecessors, ushering in an era of chaos and lawlessness unseen in recent memory. The once tranquil landscapes of peace have been transformed into battlegrounds, where bandits roam with impunity, and students fall prey to ruthless kidnap-for-ransom syndicates.

Yet, amidst this unfolding tragedy, the Tinubu administration remains steadfast in its commitment to ineptitude, offering little more than empty platitudes and hollow promises in response to the burgeoning crisis. 

As communities reel under the weight of fear and uncertainty, the government’s deafening silence serves as a grim reminder of its abject failure to fulfil its most basic duty: ensuring the safety and security of its citizens.

Finally, we come to the realm of foreign relations, where the Tinubu administration’s performance borders on the farcical. In a stunning display of diplomatic incompetence, Nigeria’s once-proud stature as a regional powerhouse has been reduced to a mere shadow of its former glory. 

Within the corridors of power, our nation’s voice echoes with all the resonance of a damp squib as our leaders peddle laughable fabrications in a desperate bid to salvage their tattered reputation.

To make matters worse, the Tinubu administration has yet to articulate a coherent foreign policy agenda, leaving our nation adrift in a sea of uncertainty and confusion. With each diplomatic excursion yielding little more than empty-handed returns, one cannot help but wonder if our leaders are merely playing at governance as children lost in a game they do not understand.

In conclusion, the Tinubu administration’s performance can best be described as a tragicomedy of errors characterised by ineptitude, incompetence, and a conspicuous lack of vision.

From its mishandling of monetary policy to its abject failure in the realms of national security and foreign relations, the administration has proven itself to be a masterclass in governance gone awry. 

The author is an adviser to Nigerian opposition leader Atiku Abubakar

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

AfDB

Economy

Women-led businesses targeted as DBN, AfDB sign $61 million financing agreement

The Development Bank of Nigeria has signed a $61 million gender-focused financing agreement with the African Development Bank to support women-led businesses.

Customs at Lagos port

Economy

Customs plans less physical cargo inspection with new scanners, tracking system

The Nigeria Customs Service has completed factory tests on newly acquired cargo scanners and an electronic tracking system in China before shipping them to Nigeria.

Rachel Agatha Keen

Showbiz

Raye’s ‘This Music May Contain Hope’ album wins 2026 Mercury Prize

The 17-track album is Raye’s second studio album, and it beat other nominees like veteran Paul McCartney, Olivia Dean, JADE, and others to scoop the highly coveted award.

Clinton at Koinonia Worship Centre

Politics

Bill Clinton quotes Quran, condemns anti-Muslim sentiments in U.S.

Former U.S. President Bill Clinton has condemned anti-Muslim rhetoric and discrimination, noting he is tired of people denigrating Muslims because of their faith.

Iran’s Islamic Revolutionary Guard Corps

World

U.S. Attacks: Iran’s IRGC threatens to invade countries, strike American military bases

Iran’s Islamic Revolutionary Guard Corps has threatened to attack neighbouring countries and American bases amid renewed attacks from the United States.

Pa Fasoranti

States

Family releases burial timetable for Afenifere leader Fasoranti

The family of the late Afenifere leader and elder statesman, Reuben Fasoranti, has announced burial arrangements for the Yoruba leader.