“Nigerians May Wait Up to Three Years to Feel Impact of Tinubu’s Reforms” — Tonye Cole

Tonye Cole, the 2023 governorship candidate of the All Progressives Congress (APC) in Rivers State, says Nigerians may have to wait another two to three years before the effects of economic reforms introduced by Bola Tinubu are fully felt at the grassroots.

Cole made the remarks during an appearance on Political Paradigm, a programme on Channels Television, where he addressed concerns about the gap between macroeconomic indicators and everyday living conditions.

According to him, while some economic metrics suggest progress, tangible improvements for ordinary Nigerians will take longer if current policies continue on their present course. He emphasized that the average citizen is primarily concerned with basic needs such as food, transportation, and employment.

Cole said effective communication and targeted social interventions are necessary to bridge the gap between policy outcomes and public expectations. He added that governments must deliberately invest in improving living standards, noting that Nigeria has struggled to implement broad-based incentives that reach its large population.

Despite current challenges, Cole expressed optimism about Nigeria’s long-term prospects, pointing to signs of increased investor confidence.

Since taking office in 2023, President Tinubu has introduced a series of reforms aimed at restructuring the economy. These include the removal of fuel subsidies, foreign exchange unification, tax adjustments, and new initiatives such as student loans and efforts toward local government autonomy. While the administration says these policies are designed to drive long-term growth, they have also contributed to rising inflation and increased cost of living, drawing criticism from opposition groups.

On developments in Rivers State, Cole described the political environment as uncertain. He argued that Governor Siminalayi Fubara has faced limitations in asserting leadership. According to Cole, initial public sympathy for the governor appears to be waning.

Looking ahead to the 2027 elections, Cole said voters in Rivers State may be more receptive to change, adding that credible and peaceful elections could significantly alter the state’s political direction.