Chidinma Iroegbu
A pro-government coalition, Global Alliance for Tinubu Campaign, on Wednesday unveiled plans to mobilise five million votes for President Bola Ahmed Tinubu in the 2027 presidential election, insisting that ongoing economic reforms must not be reversed.
At its inaugural media briefing in Abuja, the group said Nigeria’s fiscal and structural reforms require continuity, warning against what it described as attempts to disrupt policy direction “just for the sake of change.”
Director General of the group, Prince Bevis Paul Igbinoba, said the administration inherited a weak economy in May 2023, burdened by fuel subsidy payments and multiple foreign exchange rates.
“In assessing this government, we must consider the situation before May 29, 2023. The economy was weighed down by subsidy and exchange rate distortions,” he said.
He defended key policies such as the removal of petrol subsidy and the unification of the foreign exchange market, noting that both measures had improved revenue generation and fiscal management despite initial hardship.
According to him, crude oil production has risen to about 1.5 million barrels per day, while federal allocations to states have increased, reducing reliance on borrowing to meet salary obligations.
The group also disclosed that foreign investment inflows exceeded $3 billion between 2023 and 2024, with portfolio investments rising above $13 billion, which it described as renewed investor confidence in Nigeria’s economy.
Igbinoba said Nigeria’s debt service-to-revenue ratio dropped from about 97 per cent in 2022 to roughly 61 per cent in 2025, attributing the improvement to stricter fiscal discipline and reform-driven revenue growth.
He listed other initiatives under the Renewed Hope Agenda to include a ₦1 trillion agricultural support scheme, student loans for indigent undergraduates, gas infrastructure expansion, renewable energy projects, youth employment programmes and the creation of a Ministry of Livestock Development.
Highlighting infrastructure development, he referenced the 750-kilometre Lagos–Calabar Coastal Highway and the proposed Sokoto–Badagry Superhighway, while urging Nigerians to back the administration. “The reforms must be allowed to mature and deliver results. Criticism is part of democracy, but it must come with alternatives,” he said.