Presidency Claims Nigeria Is Wealthy

Presidency Claims Nigeria Is Wealthy

Nigeria is not a poor country. Dr. Tope Fasua, Special Adviser to the President on Economic Affairs, insists the nation suffers from structural inequality rather than a lack of resources. He argues that persistent narratives of poverty distract from the actual work of fixing the economy. Wealth exists within the system, he claims, hidden by…

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Tinubu Seeks Legislative Reset of 2024, 2025 Budgets in Major Fiscal Overhaul.

President Bola Ahmed Tinubu has formally requested the National Assembly to repeal and re-enact the 2024 and 2025 national budgets, a move aimed at realigning Nigeria’s fiscal framework with current economic realities and ending the practice of overlapping appropriation cycles.   In a letter dated December 18, 2025, and addressed to the Speaker of the…

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