President Bola Tinubu defended his administration’s economic reforms as necessary steps towards building a $1tn economy by 2030 on tuesday.

Tinubu, said this at the second edition of the Asiwaju Scorecard Series and Policy Roundtable in Abuja, saying that the reforms had strengthened the foundation for economic stability and growth, citing improved foreign reserves, revenue mobilisation, trade and gross domestic product.

former Vice President Atiku Abubakar however challenged the policies, saying that the administration’s recent promises of cheaper transportation, increased food production and relief for vulnerable Nigerians amounted to a belated response to a cost-of-living crisis it had allowed to persist for more than three years.

Atiku, the presidential candidate of the African Democratic Congress, has continued to oppose the policies of the Tinubu administration as the 2027 general elections draw nearer, particularly its economic reforms and their impact on the cost of living.

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