Connect with us

Politics

6 Major Things Tinubu Has Achieved In One Month As Nigeria’s President

Tinubu was inaugurated as the 16th President of Nigeria on May 29 and on Thursday, June 29, completed his first month in office.

Published

on

TinubuInOffice
President Bola Ahmed Tinubu

President Bola Ahmed Tinubu’s thirty days in office has been featured unexpected changes with the expectation of renewing the hope of many Nigerians.

VerseNews Nigeria reports that Tinubu was inaugurated as the 16th President of Nigeria on May 29 and on Thursday, June 29, completed his first month in office.

A review of Tinubu’s one month in office The past days in office have been eventful and dramatic, some great decisions, some obviously selfish, taken in the interest of Nigerians.

Some of the decisions and changes made by his administration have being criticized by many Nigerians while some hail him believing he is in the right tract of taking Nigerian to a better place.

Advertisement

1.Fuel subsidy removal

On May 29, during his inauguration, Tinubu declared that there would no longer be a petroleum subsidy regime as the current 2023 budget did not contain it.

This announcement led to the hoarding of fuel in filling stations and marketers began hoarding fuel, leading to the resurgence of queues at some filling stations and consequent hike in the prices of the product.

2. Suspension, arrest of CBN Governor, Emefiele

Less than two weeks after assuming office as president and Commander-in-Chief of the Armed Forces, President BolaTinubu suspended the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, from office with immediate effect.

Emefiele was suspended following an investigation into the affairs of the apex bank.

Advertisement

Emefiele was later taken into custody by Nigeria’s secret police, the Department of State Services, hours after his suspension. Following his suspension, the Department of State Services (DSS) confirms that Emefiele is in its custody for some investigative reasons, Peter Afunanya, the spokesperson for the agency, said in a press statement.

3. Suspension of EFCC boss, Bawa

Also in his first 16 days in office, Tinubu ordered the suspension of the chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa over weighty allegations of office.

DON’T MISS: Abia Governor, Alex Otti Submits A 19-Man Commissioner Nominee List (FULL LIST)

In a quick succession that same day, the DSS took to its recently launched Twitter handle to announce that Bawa had honoured an invitation for investigation.

4. Naira floating, unification

Two weeks ago, Tinubu’s promise to carry out monetary policy reforms, particularly to ensure a single exchange rate for Nigeria, manifested as the Central Bank Nigeria (CBN) floated naira, making the exchange rate to be determined by market forces, Leadership report added.

Advertisement

In his inaugural speech on May 29, President Tinubu had said the CBN must work towards a unified exchange rate, adding that the nation’s Monetary Interest Rate, which was at 18.5 percent, is anti-people and unproductive.

“Interest rate is currently too high. It’s anti-people, anti-business. We have to work on all of those,” President Tinubu stated in his inaugural speech on May 29.

5. Retirement and appointment of service chiefs

On Monday, June 19, the president approved the immediate retirement of all service chiefs and the Inspector-General of Police, Advisers, Comptroller-General of Customs from Service with immediate effect. He also named their replacements. Tinubu equally renamed Nuhu Ribadu as National Security Adviser (NSA) a week after naming him special adviser on security matters to the president.

6. Appointment of special advisers

On Monday, June 5, the president named eight special advisers, including a former chairman of the Economic and Financial Crimes Commission (EFCC), Nuhu Ribadu who later became NSA; a former Lagos commissioner for information, Dele Alake as special adviser, special duties, communications and strategy; Wale Edun, a former Lagos commissioner, appointed as special adviser on monetary policies.

Advertisement

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

osimhen g osimhen g
Sports5 days ago

Osimhen Closes In on Yekini’s Goal Record After AFCON Brace

Victor Osimhen moved within three goals of Rashidi Yekini’s long-standing Nigeria scoring record after netting twice in the Super Eagles’...

nigeria team nigeria team
Sports5 days ago

Nigeria Hit Four in AFCON Knockout for First Time in 32 Years

Nigeria delivered a historic performance at the Africa Cup of Nations, scoring four goals in a knockout match for the...

joshua joshua
Sports5 days ago

Anthony Joshua May Quit Boxing After Deadly Nigeria Crash — Uncle Gives Reason

Former world heavyweight champion Anthony Joshua is considering stepping away from boxing following a tragic car crash in Nigeria that...

Screenshot 2026 01 05 160938 Screenshot 2026 01 05 160938
News6 days ago

Lagos Begins Clearance of Illegal Structures Along Lagos–Badagry Expressway

The Lagos State Government has commenced clearance operations along the Lagos–Badagry Expressway to remove illegal structures and ease traffic congestion...

cheating20in20exams cheating20in20exams
Education6 days ago

FG Discovers New Strategy to End WAEC, NECO Malpractice

The Federal Government has announced fresh strategies, including technology-driven reforms and stricter oversight, to tackle examination malpractice in WAEC and...

INECVerseNewsNG1 INECVerseNewsNG1
News6 days ago

INEC Resumes Nationwide Voter Registration as Second Phase Begins

The Independent National Electoral Commission has resumed the Continuous Voter Registration exercise across the country...

Yahaya Bello On Watchlist Yahaya Bello On Watchlist
Politics6 days ago

‘Yahaya Bello Remains Innocent Until Proven Guilty’, EFCC Declares

The Economic and Financial Crimes Commission has reaffirmed that former Kogi State Governor Yahaya Bello remains innocent until proven guilty.

Tinubu Signing Tinubu Signing
Politics6 days ago

BREAKING: Tinubu Makes 21 New Appointments in Oil Sector

President Bola Tinubu has nominated former Rivers South-East senator Magnus Abe as chairman of the Nigerian Upstream Petroleum Regulatory Commission...

tinubu visit tinubu visit
Politics6 days ago

AI Used to Improve Quality of Tinubu-Kagame Paris Meeting Photo, Presidency Gives Details

The Presidency has responded to the reports alleging that a photograph of President Bola Tinubu with Rwandan President Paul Kagame...

rio amorim rio amorim
Sports6 days ago

How Rio Ferdinand Predicted Amorim’s Sacking

Manchester United legend Rio Ferdinand says Ruben Amorim’s dismissal did not come as a shock, revealing that recent press conferences...

Advertisement