Economists split on Tinubu's reforms as inflation hits 15.9%, naira at N1,364/$
Economists are split on President Tinubu's economic reforms as Nigerians face rising costs. According to DAILY POST, critics like Atiku Abubakar and ex-CIBN president Okechukwu Unegbu say policies like fuel subsidy removal and naira float have worsened living costs without improving daily lives. Unegbu rates Tinubu below 30% despite GDP growth.
However, Prof Godwin Oyedokun of Lead City Uni gives reforms 7/10, saying macro indicators show progress but many Nigerians haven't felt benefits yet due to implementation issues. The Tinubu govt points to rising GDP and better debt ratios as proof reforms work.
Key data: Nigeria's inflation hit 15.91% in June 2026 per NBS. On August 3, naira traded at N1,364.83/$ officially while petrol sold for N1,265-N1,310/litre in Abuja.
As the 2027 election debate heats up, understanding this split helps you assess whether current hardship is temporary reform pain or lasting policy failure - crucial for your budget planning and voting decisions.