By John Joseph
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As Nigeria enters 2025, experts are calling on President Bola Tinubu to focus on addressing the country’s pressing security concerns and strengthening the naira to revitalize the economy. According to economic and development experts, the president must adopt a more strategic approach to revive the economy and prevent its complete collapse.
Security Reforms
To address the country’s security challenges, experts recommend that President Tinubu implement reforms in the Nigerian Police Force (NPF), including improving pay and conditions, providing adequate equipment and training, and promoting accountability and transparency ². The president must also address the issue of police involvement in political activities and private security details, which undermines their professionalism.
Economic Stability
To strengthen the naira and promote economic stability, experts suggest that President Tinubu focus on harnessing Nigeria’s abundant resources to generate revenue, reduce reliance on imports, and sustain the economy. This can be achieved by:
Diversifying the economy: Investing in sectors such as manufacturing, agriculture, and solid minerals to reduce dependence on oil exports.
Improving infrastructure: Developing critical infrastructure such as roads, ports, and energy facilities to support economic growth.
Enhancing fiscal discipline: Implementing prudent fiscal policies to reduce inflation, stabilize the exchange rate, and promote economic stability.
Regional and International Cooperation
Experts also emphasize the importance of regional and international cooperation in addressing Nigeria’s security and economic challenges. President Tinubu must work closely with neighboring countries and international partners to combat transnational security threats, promote economic integration, and attract foreign investment.
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