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The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II, has expressed support for President Bola Ahmed Tinubu’s administration, saying the government’s economic reforms are beginning to produce visible results and transform the country’s economic direction.
Speaking on Thursday, July 9, 2026, during the official inauguration of the PBAT Door-to-Door Movement in Abuja, the monarch praised President Tinubu’s approach to governance, describing him as a leader who came prepared with a clear economic plan. Oba Ogunwusi said the impact of the administration’s policies was becoming noticeable across different sectors of the economy.
The Ooni, who is one of Nigeria’s most influential traditional rulers, said President Tinubu’s reforms had positioned the country for stronger economic growth, highlighting developments in areas such as the capital market, foreign reserves and efforts to promote local production.
According to the monarch, Nigeria’s capital market has recorded significant growth, while the country’s foreign reserves have improved under the current administration. He also argued that the government’s policies were aimed at reducing economic distortions and encouraging productive activities rather than dependence on imports.
The Ooni’s comments come amid ongoing national debate over the impact of President Tinubu’s economic policies, including the removal of fuel subsidy and changes in foreign exchange management introduced shortly after he assumed office in May 2023. The reforms initially triggered concerns over rising living costs, with many Nigerians demanding faster relief from economic hardship.
President Tinubu has repeatedly defended the reforms, describing them as difficult but necessary measures designed to stabilise the economy. On July 2, 2026, the President said the policies were yielding results, pointing to stronger public revenues, improved investor confidence and increased financial support available to state governments.
The Ooni’s remarks add to a series of endorsements from some traditional and political figures who have supported the administration’s economic direction. However, critics of the reforms have continued to argue that the benefits are yet to be fully felt by many households facing high food prices, transportation costs and general economic pressures.
Oba Ogunwusi also used the occasion to encourage Nigerians to support policies that promote economic growth and national development, stressing the importance of unity and collective responsibility in building a stronger economy.
The Presidency has maintained that its economic strategy is focused on long-term stability, increased investment and strengthening Nigeria’s productive capacity, while acknowledging the difficulties caused by the transition period.
The Ooni of Ife, a respected traditional institution holder and custodian of Yoruba cultural heritage, has frequently engaged in national conversations on governance, economic development and social issues, using his position to advocate for initiatives he believes can improve the country.
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