@Big_marvis Why?
Before now,
many students dropped out,
deferred admission,
or depended entirely on family support.
NELFUND introduced,
tuition loans,
upkeep allowances,
interest-free structure.
Reports show hundreds of thousands of students have already benefited, with billions disbursed
@Big_marvis 2. WHICH GOVERNMENT PROGRAMS HAVE DIRECTLY TOUCHED PEOPLE?
Some programs genuinely affected people directly, while others are still more visible on paper than in daily life.
A. STUDENT LOAN (NELFUND)
This is probably one of the most direct-impact programs so far.
@Big_marvis For ordinary Nigerians, the reforms came suddenly and created:
Higher fuel prices
Higher transport fares
Food inflation
Increased school fees
Rent increase
Business hardship
That pain is real and nobody can deny it.
@Big_marvis Economically, many experts actually agreed subsidy removal was necessary eventually. Even previous governments discussed removing it.
But the biggest issue was:
The timing and the shock.
@Big_marvis The government removed
Fuel subsidy
Multiple exchange rates
Some import-related distortions
Their argument was,
“Nigeria was spending too much supporting consumption instead of production.
@Big_marvis Here’s a grounded local analysis from a Nigerian perspective.
1. THE MAIN IDEA BEHIND THE REFORMS
The Tinubu administration came into office arguing that Nigeria’s old economic system was no longer sustainable.
@Big_marvis FX changes
Was any successful?
Most successful so far:
NELFUND student loan scheme
because people can clearly point to beneficiaries and real disbursement. �
The Telegraph Nigeria +2
Still developing:
CREDICORP
good idea, limited reach for now.
BEFORE YOU WILL SAY TINUBU WANTS TO BRIBE YOU TO VOTE FOR HIM, UNDERSTAND HIS REASONS.
The federal government has invited young Nigerians to apply for a ₦22,500 monthly stipend plus free training.
Yes...he knows that some of you will still collect and still not vote for him.
He knows.
So he's not making this decision to bribe you.
Many people are angry about the reforms of the last two years.
And honestly, the pain is real.
Fuel subsidy removal increased transportation costs.
The naira devaluation pushed up prices of food, rent, cars, school fees and almost everything else.
But what many people ignore is that reforms without cushioning programs can destroy social stability completely.
This is why the government of President Bola Ahmed Tinubu has been rolling out multiple intervention programs targeted at young Nigerians, students, households and small businesses.
Since 2023:
- States received increased FAAC allocations after subsidy removal.
- Student loan programs were launched.
- Consumer credit initiatives were introduced.
- Cash transfer programs expanded
skills acquisition and youth empowerment programs increased.
- Local government allocations rose significantly after Supreme Court financial autonomy rulings.
Now another program is offering ₦22,500 monthly support alongside free training.
People underestimate the importance of skills during economic transitions.
Countries that survived difficult reforms usually invested heavily in:
- Human capital
- Entrepreneurship
- Vocational training
- Youth employment
When India liberalized its economy in the 1990s, millions initially struggled.
But long-term investments in technology and skills later created one of the world’s biggest middle classes.
When Indonesia removed major fuel subsidies, there was hardship too.
But the government expanded social intervention programs to reduce the shock.
Nigeria is trying to reform an economy that spent decades depending heavily on fuel subsidies, imports and oil revenue while neglecting productivity.
That transition was never going to be painless.
But the bigger question is: Can Nigeria use this painful period to build a more productive generation?
The young people who survive this era may become one of the most economically adaptive generations in Nigeria’s history.
This is the mind of the government in rolling out this project.
It's not to get you to vote for him but to make you financially stable with monthly cash as skills.
Instead of insulting the president, see the vision.
While he invests heavily in infrastructure preparing for the $1 trillion economy, he's also preparing the young people to have the skills needed to survive in the economy.
Get ready.
You cannot be supporting Tinubu and be having less than 1000 followers. Retweet, like, drop your handle and follow everyone in the comment section. Let’s press the neck of wailers