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.

RECOMMENDED FOR YOU  BREAKING: PDP Dissolves Party Structures in Five States (FULL LIST)

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.

RECOMMENDED FOR YOU  Kwankwaso Sets 'Conditions' for APC Return in a letter to National Chairman

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.

RECOMMENDED FOR YOU  Benue Gov, Hyacinth Alia Reacts To Abduction Of Commissioner, Others

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

image 25 image 25
Big Brother Naija31 minutes ago

BBNaija 11: Chimsom Emerges First HoH, Tram Lands Luxury Lounge

Chimsom Chuka has emerged as the first Head of House in BBNaija Season 11, but a surprise twist by Biggie...

HOLOBW0WEAAFXTo 1785092701 1785163311 HOLOBW0WEAAFXTo 1785092701 1785163311
Big Brother Naija4 hours ago

BBNaija 11: Housemates Grill Aikou Over Egyptian Girlfriend, ₦160m Dream

BBNaija Season 11 housemate Aikou has become the center of attention after fellow contestants questioned him about his life and...

Accountant General Accountant General
Politics4 hours ago

BREAKING: Accountant-General Exposes Forged State House Letter Behind ‘Fake’ Presidential Agency

The Accountant-General has told the House of Representatives that a forged State House letter was used to secure official recognition...

Osun State Governor Ademola Adeleke Osun State Governor Ademola Adeleke
News4 hours ago

Adeleke Declares Work-Free Day for Osun Workers to Collect PVCs

Osun State Governor Ademola Adeleke has declared Tuesday, July 28, a work-free day for public servants to collect their Permanent...

Yusuf Gagdi 1785157013 Yusuf Gagdi 1785157013
Politics4 hours ago

BREAKING: Reps Order IGP to Produce Alleged Fake PFIPC DG Adeyemi Within 48 Hours

The House of Representatives has directed the Inspector-General of Police to produce the alleged self-styled Director-General of the PFIPC over...

Peter Obi 5 Peter Obi 5
News5 hours ago

APC Fires Back at Peter Obi Over Tinubu Criticism, Says Nigeria Can’t Afford Another ‘Political Experiment’

The APC has criticised Peter Obi over his attacks on President Bola Tinubu's economic reforms, insisting Nigeria should consolidate ongoing...

UNILAG Post UTME 1 UNILAG Post UTME 1
Education5 hours ago

‘Don’t Dress to Kill, Don’t Shake Hands with Men’ — UNILAG Issues Controversial Advice to Female Students

UNILAG has advised female students not to "shake hands anyhow with any man" as part of new counselling guidelines aimed...

PDP 1 PDP 1
Politics6 hours ago

‘Politics Is Not for the Weak’ — PDP Speaks on Defections

Bayelsa PDP Chairman George Turnah says the party is fully prepared for the 2028 governorship election, insisting it has the...

Anambra 1785152595 Anambra 1785152595
Education7 hours ago

VIDEO: Three Students Pulled from Collapsed Anambra Hostel, Search Continues

Three victims have been rescued alive after a three-storey student hostel collapsed near the Federal Polytechnic, Oko, Anambra State,

image 24 image 24
Entertainment7 hours ago

‘My Husband Fought Me Over BBNaija’ — Married Housemate Abi Reveals How She Convinced Him

BBNaija Season 11 housemate Abi has revealed that her husband initially opposed her decision to join the reality show, saying...

Advertisement