Wednesday, November 11, 2026

Reforms: I was well-prepared to run Nigeria but Tinubu wasn’t, says former vice-president 

The former vice-president noted that “time is running out for the government, and Tinubu must act fast to save the economy.”

• May 29, 2024
Sleeping President Bola Tinubu
Sleeping President Bola Tinubu (Credit: Bola Tinubu)

The Peoples Democratic Party (PDP) candidate in Nigeria’s 2023 presidential election former Vice-President Atiku Abubakar says he was prepared to run Nigeria but president Bola Tinubu was not.

“I was prepared for reform fallouts. Tinubu wasn’t. However, it is not too late for him to change course and do what is right for the good of our people and our nation,” said the former vice-president in a statement on Wednesday as his former ally Mr Tinubu marked one year in office as president.

Mr Abubakar added, “It is clear from the foregoing that President Tinubu has an exaggerated understanding of the efficacy of his policies and was not ready for the potential fallouts. Tinubu and his team are not exactly sure of where the reform process is and what the next steps are.

Mr Abubakar stressed that Mr Tinubu’s performance in the last one year has left Nigeria in shambles.

Speaking on the difference between himself and Mr Tinubu, Mr Abubakar said, “I have always been a reform advocate. The Nigerian economy certainly requires a large dose of reform measures to accelerate its transformation after many years of lacklustre growth.

“The difference is that I understand the appropriate reforms to undertake and what steps to take per time to mitigate their negative impact. In my Policy Document, I had anticipated that the withdrawal of subsidy and unification of exchange rates could, in the absence of fundamental interventions, impact negatively on micro and small enterprises in the informal sector and on the medium to large enterprises in the formal sector.”

The former vice-president noted that “time is running out for the government, and Tinubu must act fast to save the economy.”

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.”

Hot news Home top

Naira rain as first lady announces N100 million gift to each Flamingos player after U-17 World Cup triumph

Mrs Tinubu said the country was proud of Flamingos’ historic performance and achievement.

Afreximbank

Hot news Home top

Afreximbank commits $75 million finance facility to DBN SMEs funding

Ms Awani said, “Our objective is to help Nigerian SMEs build productive capacity and strengthen their competitiveness.”

Diaspora

U.S.-based Nigerian ex-patrol officer Sinmi Asomuyide jailed for handcuffing, raping teenager inside police car

The FBI Indianapolis Special Agent in Charge, Timothy O’malley, said the officer had abused the trust placed in him and attempted to cover up his crimes.

Ekperikpe Ekpo

NationWide

Minister inaugurates five CNG stations in Lagos to ease transportation costs

The stations are located at Idimu, Ogolonto, Abule-Egba, Ajah and Oko-Oba.