Oil subsidy, exchange rate cabals fuel insecurity, want me dead – Tinubu cries out

Oil subsidy, exchange rate cabals fuel insecurity, want me dead – Tinubu cries out

President Bola Tinubu has alleged that disgruntled oil subsidy and exchange rate cabals affected by his administration’s economic reforms are backing national insecurity and “wish him dead,” while pledging to implement deeper political reforms if re-elected for a second term.

President Bola Tinubu has disclosed that unpatriotic saboteurs and financial cabals, aggrieved by his administration’s major economic reforms, are masterminding the current wave of insecurity across Nigeria and “wish him dead.” The President made these assertions during the public presentation of the book, “The NADECO Story,” authored by the former General Secretary of the National Democratic Coalition (NADECO), Chief Ayo Opadokun, coupled with an awards ceremony for individuals who championed the pro-democracy struggles between 1994 and 1998. Speaking through his representative, former Ogun State Governor Aremo Olusegun Osoba, the President emphasized that the persistent security challenges and killings in the country are deliberate attempts to disrupt national peace by disgruntled individuals who previously profited from corrupt financial frameworks. Osoba stated: “As for security, he says, I should let you know, that he is aware that there is a deliberate attempt to disrupt the peace of this country by people whom he knew he had offended by canceling multiple exchange rates and by canceling oil subsidies. He said those cabals who are doing round-tripping will wish him dead any time but he is determined that if that is the only thing he would do, he would make sure he rearranges the economy. No matter what, he is determined to face it. So that’s the message from Mr. President.”

The high-profile event, held at the MUSON Centre in Lagos, brought together eminent statesmen and prominent pro-democracy stakeholders who actively participated in the deadly resistance against military dictatorship to restore civil rule in Nigeria. Among the dignitaries who gathered to honor the legacy of the struggle were Nobel Laureate Professor Wole Soyinka, Professor Sylvester Odion-Akhaine, Chief Fred Agbeyegbe, human rights lawyer Dr. Olisa Agbakoba, SAN, and the Olubadan of Ibadanland, Senator Rasheed Ladoja. Attendees collectively maintained that democracy must be actively sustained by celebrating and eulogizing both living and departed heroes of the historic movement. Conveying the President’s immense gratitude, Osoba reiterated Tinubu’s personal connection to the coalition, remarking: “The President asked me to tell you that he is fully with you, and he still has his tremendous respect that he would not have been where he is today if not for all of you here who have fought to entrench democracy.’’

Looking forward to the political future of the country, the President also utilized the platform to outline his long-term governance strategy and seek ongoing patience from the public. According to Osoba, the administration is currently concentrating its immediate energy on stabilization, focusing strictly on resolving the critical challenges confronting the national economy and subduing internal security threats. However, Tinubu assured the gathered veteran activists that the broader structural and political reforms long canvassed by NADECO would eventually take center stage, promising that citizens should expect a much better deal in his second term if he secures re-election in the 2027 general elections.

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