Tinubu Allies Defend Economic Reforms as APC Unveils 2027 Manifesto

Government officials and allies of Bola Ahmed Tinubu defended the administration's economic reforms on November 10, acknowledging widespread hunger and hardship while arguing these difficulties are necessary for long-term stability. Senator Orji Kalu stated during an appearance on ARISE Television that the government has achieved macroeconomic stability through the stabilization of foreign exchange and fuel prices, though he noted the need to translate these gains into micro-level improvements in agriculture, manufacturing, and welfare.

In Abuja, Minister of Budget and Economic Planning Atiku Bagudu unveiled the All Progressives Congress (APC) 2027 manifesto, titled 'From Reforms to Prosperity.' Bagudu asserted that the unification of the naira exchange rate and the removal of fuel subsidies are laying the foundation for future growth, citing Brazil's economic trajectory as a potential model for Nigeria.

While the administration claims that investment is increasing and inflation is declining, opposition leaders attribute the current economic suffering directly to these policy shifts. The administration maintains that the current period of difficulty is an unavoidable part of fundamental economic reform.