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Erondu credits Tinubu's policy changes with bringing stability to Nigeria's economic landscape.

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Erondu credits Tinubu's policy changes with bringing stability to Nigeria's economic landscape.
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Chief Erondu Uchenna Erondu Jnr, the All Progressives Congress (APC) candidate for Abia South Senatorial District, has praised President Bola Tinubu's economic reforms as bold measures that are helping to stabilise Nigeria's economy, a view he expressed during a national television interview assessing Tinubu's three years in office.

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Erondu, who is also a representative of Obingwa West State Constituency in the Abia State House of Assembly, acknowledged that governing a country as complex as Nigeria is challenging, but noted that the administration has made significant progress in stabilising the economy despite prevailing difficulties.

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The Tinubu administration, according to Erondu, has strengthened fiscal federalism through policies that increased financial resources available to states and local governments, laying the foundation for long-term economic stability and national development.

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Erondu quoted President Tinubu as consistently defending the reforms, describing them as necessary steps to prevent the country from sliding into economic collapse, and recalled the President's nationwide broadcast marking the third anniversary of his administration.

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In the broadcast, President Tinubu had highlighted the deep structural and economic challenges his government inherited, including fuel subsidy burdens, exchange rate distortions, rising debt obligations, declining revenues, and insecurity, according to Erondu.

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The decision to remove fuel subsidy, Erondu explained, was aimed at restoring fiscal stability and repositioning the economy for sustainable growth, given that Nigeria spent as much as N18.4 billion daily on petrol subsidies at the peak of the regime, amounting to over N4 trillion in 2022 alone.

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Continuing the subsidy programme, Erondu noted, would have deprived critical sectors such as infrastructure, healthcare, housing, and education of much-needed funding, and although the reforms have caused hardship, particularly the rising cost of living, the sacrifices being made by Nigerians are beginning to yield positive results across key sectors of the economy.

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Erondu described the recently concluded APC primaries as one of the freest and fairest primary elections conducted in recent times, commending the party's national leadership for allowing internal democracy to flourish through the direct primary system.

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The direct primary system, he said, gave party members the opportunity to freely choose candidates of their choice across the country, and in Abia South Senatorial District, the APC primary election was conducted simultaneously across the 65 electoral wards in the zone.

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Erondu emerged victorious with a wide margin, attributing his success to his long-standing relationship with the people and years of grassroots engagement through empowerment and intervention programmes.

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However, Erondu condemned the alleged hijacking of election materials during the primaries, describing the incident as unfortunate and inconsistent with democratic principles, and noted that President Tinubu has consistently demonstrated commitment to internal democracy and credible electoral processes within the APC.

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