Ooni of Ife Endorses Tinubu’s Reforms, Highlights Decrease in Economic Hardship

The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, has expressed strong support for President Bola Tinubu’s recent economic reforms, asserting that these measures are effectively alleviating the nation’s economic challenges. In a statement released on February 20, 2025, the revered monarch commended the President’s decisive actions, emphasizing their positive impact on reducing hardship across Nigeria.

Oba Ogunwusi highlighted that the removal of fuel subsidies and the unification of exchange rates have been pivotal in stabilizing the economy. He noted that these reforms have not only curbed inflation but also attracted significant foreign investments, thereby fostering economic growth and development. The Ooni of Ife urged Nigerians to exercise patience and continue supporting the government’s initiatives, expressing confidence that these policies will yield long-term benefits for the populace.

In his address, the monarch also acknowledged the initial difficulties faced by citizens due to the implementation of these reforms. However, he reassured the public that such short-term challenges are necessary for achieving sustainable economic prosperity. Ooni of Ife called upon all stakeholders, including traditional leaders, to collaborate with the government in promoting and facilitating these transformative policies.

The Ooni’s endorsement comes amidst a backdrop of mixed reactions to President Tinubu’s economic strategies. While some factions have criticized the reforms, citing increased living costs and economic hardship, others, like Oba Ogunwusi, believe that these measures are essential for the nation’s progress. The monarch’s support underscores the importance of unity and collective effort in navigating the country’s economic trajectory.

As Nigeria continues to adjust to these changes, the government’s commitment to implementing policies aimed at fostering economic stability and growth remains steadfast. The Ooni’s positive appraisal of President Tinubu’s reforms serves as a significant endorsement, encouraging citizens to remain hopeful and supportive during this transformative period.