A former All Progressives Congress (APC) governorship candidate in Rivers State, Tonye Cole, has said Nigerians may need to wait between two and three years before the full benefits of the economic reforms introduced by President Bola Tinubu are felt at the grassroots.
Speaking on Tuesday during an appearance on Political Paradigm on Channels Television, Cole addressed growing concerns about when recent macroeconomic changes would translate into tangible improvements in everyday life.
Responding to a question on the timeline for visible impact, he said, “If you ask me, I suspect that before you begin to see the impact at the very bottom, if you allow things to just move naturally, you are going to look for another two to three years before you see it.”
Cole emphasized that while economic indicators may suggest progress, deliberate policies and clear communication are essential to ensure ordinary citizens benefit. According to him, “The man at the bottom… cares about feeding, transportation and getting a job that will at least pay.”
He added that governments around the world must actively direct resources toward improving citizens’ welfare, noting that Nigeria has historically struggled to implement broad-based incentives capable of reaching its large population.
Despite current challenges, Cole expressed optimism about Nigeria’s long-term prospects, pointing to signs of improving investor confidence. He also reaffirmed his loyalty to the APC, saying internal party discussions would continue.
Since taking office in 2023, President Tinubu has rolled out sweeping economic reforms aimed at long-term growth, including the removal of fuel subsidies, foreign exchange unification, tax adjustments, and student loan programmes. However, these policies have also contributed to rising inflation and a higher cost of living, drawing criticism from opposition voices.
On the political situation in Rivers State, Cole described the environment as “deeply confused,” alleging that Governor Siminalayi Fubara has faced limitations in asserting strong leadership. He noted that while Fubara initially enjoyed “public sympathy,” sentiment among residents appears to be shifting.
Looking ahead to the 2027 elections, Cole said Rivers voters may be increasingly open to change, adding that credible and violence-free elections could significantly reshape the state’s political future.
We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →
Join Our WhatsApp Channel






