Seyi Tinubu Admits Nigerians Facing Hardship, Defends Father’s Economic Reforms

President’s son says subsidy removal, forex changes and tax overhaul are intended to create long-term opportunities despite immediate economic pain

By Henryrich Ojo | Newsworld

Seyi Tinubu, son of President Bola Tinubu, has acknowledged the economic hardship facing Nigerians, admitting that the administration’s reforms have stretched household budgets and made life difficult for many families. He spoke on Monday at the inaugural Seyi Tinubu Colloquium held at Eko Hotel and Suites in Lagos, where he argued that every generation has a responsibility to confront inherited challenges and make decisions that will improve the future. According to him, although the impact of the reforms has been immediate, their expected long-term benefits may take time for Nigerians to experience.

Military Retirees Block Pensions Board Entrance In Abuja Over Pension Adjustment

Seyi identified petrol subsidy removal, foreign exchange reforms and the overhaul of the tax system as key policies shaping Nigeria’s economic direction. He defended the decisions, saying President Tinubu’s administration had chosen to confront longstanding national challenges for the benefit of future generations. “Changes have not been easy.

Families whose budgets have been stretched, the pain was immediate, the lasting improvement more difficult to feel and touch,” he said, acknowledging the difficulty many households face as the policies take effect.

The President’s son also urged young Nigerians to participate actively in leadership and governance, stressing that decisions made by today’s leaders would shape the country they inherit tomorrow. He said investments in infrastructure and stronger public institutions could create opportunities for generations yet unborn.

His remarks come amid continuing public debate over the impact of the Federal Government’s economic policies, particularly the rising cost of living and the pressure on household incomes. While Seyi expressed support for the reforms, many Nigerians continue to seek tangible improvements in living standards.