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Tinubu’s 100 days in office: Nigerians ’ll soon reap benefits of reforms – Adedeji
Special Adviser to the President on Revenue, Mr. Zaccheus Adedeji, in this interview, discusses how the President Bola Tinubu Administration is working to raise the country’s revenue profile, ensure sustainable financing and ongoing reforms that would positively transform the nation’s economic fortunes.
The last three months have been difficult for Nigerians following the economic reforms launched by President Tinubu. Is the President on the right track to fulfill his election promises?
For this government, it is not simply about the present moment or what the President has done within the short term of being in office, it is more about the medium to long-term.
We are laying the foundation for a prosperous future. You will agree with me that even though the foundation is the most important structure of a building, it is not always the prettiest. Once the house begins to take shape, the beauty will not only be apparent for all to see, it will also provide the shelter to shield the occupants from unfavourable external conditions.
We have done a lot that I am proud of within this short period, these include addressing some critical concerns of the private sector regarding pressing tax issues, removal of wasteful subsidy on petrol to create fiscal headroom and limit excessive borrowing and forex reforms to address market distortions. So, I can say that we are on track and moving in the right direction.
What approach is this administration taking to help Nigerians who are bearing the pain of high cost of living as a result of fuel subsidy removal?
You will recall that Mr. President signed some executive orders on July 6, which reversed the tax increases on manufacturers, and suspended the excise tax imposed on Single Use Plastics which would have affected mostly Small and Medium-sized Enterprises, SMEs, and potentially trigger higher prices and further inflation.
The orders also deferred the commencement date of various changes introduced via the Fiscal Measures and Finance Act 2023 to give individuals and businesses reasonable time to adapt to the changes without major disruptions to their operations and livelihoods.
The removal of wasteful subsidies on PMS and forex have stopped the haemorrhage on our treasury and will ensure that government is on the path to sustainable financing with less dependence on the Central Bank of Nigeria, CBN, overdraft for public finance.
While some of these measures have unfortunately created short-term pains for many people, we are confident that Nigerians will start to reap the benefits sooner rather than later.
Are there plans to reduce the nation’s dependency on a single sector for revenue generation?
We believe that Nigeria is blessed if only we can improve our policy environment and enhance the efficiency of both the private and public sectors. This is one of the reasons the President recently approved the setting up of a Presidential Fiscal Policy and Tax Reforms Committee comprising eminent Nigerians to not only advise the government on the necessary reforms but also support the implementation.
Ultimately, the outcome of the committee’s work and other policy actions of the government will result in productive diversification of the economy, government revenue sources and foreign exchange earnings.
What strategies are in place to attract foreign direct investment and ensure a conducive environment for potential investors?
Mr. President’s philosophy is that we should not tax investment but returns on investment. We should not tax production but consumption. We should not tax poverty but facilitate prosperity and share it through fair and progressive taxation.
The market-friendly disposition of this administration is already creating excitement in the capital market with over 20 per cent growth, which is the best performance in 15 years.
When Oluwatosin Ajibade, popularly known as Mr Eazi, tied the knot with Temi Otedola, daughter of billionaire businessman Femi Otedola, many in Nigeria’s elite circles questioned why one of the nation’s most prominent families would give their daughter’s hand to a musician.
But at the couple’s white wedding in Iceland, Africa’s richest man, Aliko Dangote, provided an answer that silenced critics by confirming Mr Eazi as an entrepreneur with businesses across 18 countries on the continent.
Below is a list of Mr Eazi’s businesses, not known to many Nigerians.
1- emPawa Africa – Founded in 2018, emPawa is a talent incubation and music distribution platform that has helped launch stars like Joeboy. It provides mentorship, funding, and resources for up-and-coming artists across Africa.
2- Zagadat Capital – Mr Eazi’s venture capital firm invests in startups in tech, media, and entertainment. Notable investments include:
3- pawaPay – A pan-African mobile payments company.
4- Thrive Agric – an agri-tech startup connecting farmers to investors.
5- BetPawa – A popular online betting platform.
6- Street Banker – A financial inclusion project for underserved communities.
7- Choplife Gaming & Choplife SoundSystem – Expanding beyond music, Eazi launched Choplife Gaming in 2022, a pan-African lottery and gaming company. His Choplife SoundSystem blends music, events, and lifestyle branding into a cultural business model.
Although less publicised, the singer has confirmed investments in real estate projects across Nigeria and Ghana, as well as hospitality ventures linked to his Choplife brand.
Through Zagadat Capital, Eazi also holds stakes in several fintech firms driving financial inclusion across Africa.
Now married into one of Nigeria’s most influential families, Mr Eazi embodies a hybrid lifestyle — blending music, global entrepreneurship, and elite family life.
For him, business has never been secondary.
As Dangote hinted, music may be just the tip of the iceberg. With ventures spread across at least 18 African countries, Eazi is positioning himself not just as a musician, but as one of the continent’s most ambitious entrepreneurs.
And with his marriage to Temi Otedola, many say the couple may just become Africa’s new symbol of power, wealth, and influence.
News
2027 Election: “Tell Tinubu This”, – Primate Ayodele Sends Strong Warning To Tinubu In New Prophecy
Prophet Ayodele has consistently been in the news week in, week out. It is either he is releasing a fresh prophecy that’s gaining traction or a previous prohecy has just come to fulfilment and people are talking about it.
In a statement signed by his media aide, Osho Oluwatosin, Primate Ayodele stated that the present administration is full of wrong advisers who are pushing for irrelevant policies, and making good advisers enemies of the president.
The prophet warned the president against making good advisers his enemies, as it will lead to the end of his government if care isn’t taken.
“Tinubu’s administration is full of wrong advisers; they are turning him against his good advisers, and he will make them his enemies. He is creating enemies, and those whom he thinks love him would be his worst enemies.
“There are lots of irrelevant policies they are using to kill Tinubu’s government; these are policies that will build up massive protests against the government and division. He should do the needful; there are several irrelevant policies already, but the focus ought to be on what will make people happy. “
Primate Ayodele mentioned some things the president should focus on, and they include development and surplus for the people. He stated that road construction is good, but it’s not enough for the people.
He commended the president for his efforts on insecurity but urged him to do more.
“Tinubu should focus on development, on how to create surplus for the people. Road construction is good, but it’s not the only thing people need; he needs to look into other areas.
“On insecurity, he is doing well, but he should do more, activate forest security in order to end kidnapping. He should increase the salaries of national assembly members because it will turn the nation into chaos. He should also eradicate darkness, and not add more tariffs and taxes to basic things in the country.”
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for yesterday 13th September, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1520 and sell at N1550 yesterday 13th September 2025, according to sources at Bureau De Change (BDC). …CLICK LINK TO CONTINUE READING
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for yesterday 11th September, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1525 and sell at N1550 yesterday 12th September 2025, according to sources at Bureau De Change (BDC). …CLICK LINK TO CONTINUE READING
Amidst swirling rumors surrounding Oseloka Obi, the son of Peter Obi, the Labour Party’s presidential candidate for 2023, a new twist has emerged regarding persistent allegations about his gender identity.
In response to a flurry of speculation, Oseloka has taken a stand against the viral claims connecting him to homosexuality, which were sparked by the circulation of photographs featuring him alongside Kent Okwesa, a British-Nigerian based in London. Click link to continue reading.
“We’ve lost two games in a row, it’s not good enough, it’s way too bad,” he said, speaking to Viaplay in Norway. “We need to figure it out, get back to winning ways.
Pep Guardiola’s side are in the bottom half of the Premier League table heading into the clash having lost back-to-back matches against Tottenham and Brighton before the international break. Click link to continue reading.
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