NBA confab: Ajibola, Adegboruwa, Sowunmi clash over Tinubu’s economic policies

The National Secretary of the All Progressives Congress, APC, Senator Bashiru Ajibola, human rights lawyer Ebun-Olu Adegboruwa, SAN, and a chieftain of the Peoples Democratic Party, PDP, in Ogun State, Segun Sowunmi, have expressed divergent views over the policies of President Bola Ahmed Tinubu.

Whereas Adegboruwa and Sowunmi criticised Tinubu’s economic policies, Ajibola defended the president, saying that what he is doing is the best.

The trio made these assertions on Wednesday while speaking on the topic, “The Tinubu Administration’s Economic Agenda and Policy: How Far? So Far,” during an event marking the 70th anniversary of the Ibadan branch of the Nigerian Bar Association, NBA.

Adegboruwa and Sowunmi both argued that Tinubu’s policies have resulted in mass poverty, widespread suffering, inflation, and the ‘Japa’ syndrome.

Ajibola, on the other hand, stated that Tinubu has made the best decisions for the country in terms of economic policies.

Adegboruwa said: “If you go through the APC constitution and manifesto, we have devolution of power. Look at how we have not been able to tackle restructuring and true federalism. Orosanye gave a report stating that Nigeria is overbloated. He suggested that we either merge some of these agencies or scrap them.”

“I’m suggesting that the president should take hold of the constitution and manifesto of his party and implement devolution of power and full restructuring. Secondly, focus on infrastructure. Most of our roads are bad. You can’t travel unless you go by air. We need to create an enabling environment. There is no consistency in government policies. For instance, some senators are being withdrawn on the floor of the Senate. We should focus on having an independent judiciary. If you ask me, regarding Tinubu’s administration, how far so far, I will say we haven’t started anything at all.”

Sowunmi, in his reaction, condemned Tinubu for removing the subsidy on Premium Motor Spirit, PMS.

He said: “Both the disbursing and receiving ends of their ‘mystery index’ are being handled by men from the South West. The CBN, the Ministry of Finance, the Chief of Army Staff, the IGP, etc., all have Southerners at the helm. How unreasonable and how tribal is that? How long are we going to wait for the economy to improve when the naira continues to be devalued and the dollar is rising every day? Instead of keeping money in the banks, our people are keeping it in their private vaults, yet you want the monetary policy to improve.”

Ajibola, however, countered that Tinubu’s administration is not a socialist government as claimed by Adegboruwa and Sowunmi. He added that they should stop using the parameters of socialism to assess Tinubu’s government.

According to him: “We are acknowledging the serious issue of inflation in the country, and that is why the focus of the 2025 budget, which is being presented today by the president, is targeted at reducing inflation. We’re embarking on massive infrastructure development to achieve economic growth for our people.

“Our economic policies are clear. We have a unified exchange rate, and the backlog of forex debt that the country had has been settled. We’ve made Nigeria an investment-friendly climate. Regarding the fuel subsidy, even the lecturer admitted that it’s a good policy. We are working towards having an economy that discourages fraudulent manipulation and promotes the development of Nigerian people.”

NBA confab: Ajibola, Adegboruwa, Sowunmi clash over Tinubu’s economic policies

  • Related Posts

    Taraba Councillors Set To Impeach LG Boss

    Taraba Councillors Set To Impeach LG Boss The legislative council of Takum local government area of Taraba state has set up a five member panel to investigate impeachment offences earlier labeled against the executive chairman of the council Hon. John Ali. The 5 member panel was constituted on Thursday after deliberations by the legislative council over the impeachment notice which was served

    Gov Buni’s Policies Eradicating Poverty In Yobe, APC Woman Leader Claims

    Gov Buni’s Policies Eradicating Poverty In Yobe, APC Woman Leader Claims Yobe South All Progressive Congress Zonal Women leader, Hajiya Fatima Umar Mairiga, has said the Yobe State Governor, Hon Mai Mala Buni, is eradicating poverty in the state through his economic policies. Fatima, disclosed this during an interview with LEADERSHIP in her residence in Damaturu, the Yobe state Capital, while commending the state governor for

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Business & Economy

    Naira breaks below N1,550/$ amid uptick in U.S dollar  

    Elon Musk’s xAI sues Apple and OpenAI over alleged AI monopoly 

    See the most expensive estates in Lagos – 2025  

    Nigeria, Brazil sign MoU on Science, Technology, and Innovation to boost jobs, industries 

    Femi Otedola explains why he spent £810,000 on Ferraris for daughters 

    FG launches automotive training center in Ikorodu to advance electric vehicles, technology transfer 

    Silent stocks of the NGX: Five years without dividends  

    Nigeria’s oil output records 9.9% year-on-year surge in July 2025 – NUPRC 

    FCCPC warns Nigerians against fruits forcefully ripened with calcium carbide 

    Tinubu secures Petrobras’ return, signs Nigeria–Brazil agreements to boost trade, energy 

    Nigerian manufacturers to shift 4% import levy costs to consumers, warn of higher inflation 

    Nigeria’s pipelines and terminals’ receipt of crude oil close to 100% – Bashir Ojulari 

    At Maiden African CDS Summit, Tinubu Pushes for New African Defence Doctrine

    Stockbrokers Advocate Urgent Reforms to Grow Nigeria’s $1trn Economy

    Coronation Lists N8.79bn Series I Infrastructure Fund on NGX at N100

    MAGGI Celebrates Women, Culture, Community at August Meeting

    GCS Launches Innovative Crypto Solution for Nigerians

    Nigeria Deports 51 Foreigners Over Cybercrime

    Three Nigerians Jailed in U.S. for Covid-19 Fraud

    Lagos Judiciary Unveils Programme for 2025/2026 Legal Year

    Sharp Practices, DSS and SAN Screening

    Operators Express Divergent Views on New Capital Base for  Insurance Industry

    Oyerinde: FG Should Create a System in Power Sector that Prioritise Industrial, Productive Sectors

    Renaissance Africa Energy Joins International Oil, Gas Producers’ Body 

    Discos Collect N182bn Revenue, Record Shortfall of N55.74bn in One Month 

    Nigeria, Brazil sign air service deal for direct flights

    Nigeria, Brazil sign air service deal for direct flights

    NPA boosts Eastern ports’ operations to drive economic diversification

    NPA boosts Eastern ports’ operations to drive economic diversification

    Nigeria’s oil output rises 9.9% in July – NUPRC

    Nigeria’s oil output rises 9.9% in July – NUPRC

    Nigeria, Brazil seal BASA for direct flights between both countries 

    How Transcorp made N85 billion profit in 6 months of 2025 

    FCTA demolishes more than 1,000 illegal structures in Karsana to open major road corridor 

    JULIUS BERGER, CUTIX lead gainers as All-Share Index posts 0.31% recovery 

    Banking industry report reveals additional N900 billion capital injection expected in the Nigerian banking industry  

    Femi Otedola’s donations exceed N11 billion — see who got what

    Oborevwori urges federal govt to revive four seaports in Delta

    Oborevwori urges federal govt to revive four seaports in Delta

    Lagos Court convicts Sulaiman Gbajabiamila over N31 million property fraud and bank cheque forgery