Senate President Godswill Akpabio has openly praised President Bola Ahmed Tinubu for implementing sweeping tax reforms and removing the long-standing fuel subsidy, describing the policies as bold and transformative. Speaking at a public event, Akpabio expressed gratitude for what he termed courageous economic decisions aimed at repositioning Nigeria’s fiscal framework.
In his remarks, Akpabio stated, “We thank you for the tax reforms and removing fuel subsidy. I wish I was a governor under you,” a comment that drew reactions from political observers and attendees alike. The Senate President suggested that the reforms have created new opportunities for subnational governments by increasing revenue allocation and strengthening financial autonomy.
The statement comes amid ongoing debates over the impact of fuel subsidy removal and tax restructuring on the Nigerian economy. While supporters argue that the measures are necessary for long-term economic stability, critics maintain that the policies have contributed to rising living costs and hardship for ordinary citizens.
Akpabio Highlights Economic Courage and Leadership
Godswill Akpabio described President Tinubu’s approach as one marked by bold leadership and economic foresight. According to him, subsidy removal has helped free up significant public funds that can now be redirected toward infrastructure, education, healthcare, and social investment programmes.
He emphasised that previous administrations hesitated to remove fuel subsidies due to political risks, but Tinubu took decisive action early in his tenure. Akpabio argued that such political will is essential for addressing structural inefficiencies that have burdened Nigeria’s economy for decades.
The Senate President further noted that tax reforms introduced under the current administration aim to widen the revenue base, reduce dependence on borrowing, and enhance fiscal transparency. He maintained that these reforms would strengthen Nigeria’s economic resilience and improve governance outcomes at both federal and state levels.
Mixed Reactions Trail Akpabio’s Praise
Akpabio’s remarks have sparked varied reactions across political and public spheres. Supporters see his praise as an acknowledgment of difficult but necessary policy choices, while critics interpret the statement as overly flattering and politically charged.
Economic analysts continue to debate the long-term effects of fuel subsidy removal and tax reforms. While government officials point to improved fiscal sustainability and increased allocations to states, many Nigerians are concerned about inflationary pressures and reduced purchasing power.
Despite the controversy, the endorsement from a high-ranking legislative leader underscores continued alignment between the executive and legislative arms of government. As reforms progress, public discourse is expected to remain active, with citizens closely monitoring both economic indicators and political rhetoric.
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