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    Home - The Burden Of Reform And The Reward Of Perseverance – By Dare Ojepe

    The Burden Of Reform And The Reward Of Perseverance – By Dare Ojepe

    By Dare OjepeJune 24, 2026
    Ojepe Article

    THERE are moments in the life of a nation when history demands a choice between comfort and courage.

    ABDULSAMAD

    Comfort whispers that difficult decisions can be postponed. Courage insists that problems deferred only become more expensive for future generations. Comfort seeks temporary relief. Courage seeks lasting solutions.

    Senator Shekarau

    In May 2023, when President Bola Ahmed Tinubu assumed office, Nigeria stood at precisely such a crossroads.

    NEW UBA

    The nation faced a fragile fiscal outlook, an unsustainable fuel subsidy regime, foreign exchange distortions, rising debt obligations, declining productivity, infrastructure deficits, and persistent security challenges. For years, these structural weaknesses had been acknowledged but insufficiently addressed. The consequences were evident: a nation of immense potential constrained by the accumulated weight of postponed reforms.

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    The easier path would have been to preserve the status quo.

    The chosen path was reform.

    Three years later, the debate before Nigerians is not whether these reforms have demanded sacrifice. They have. The more important question is whether those sacrifices are laying the foundation for a stronger, more productive, and more prosperous nation.

    The answer lies not in slogans but in evidence.

    One of the most consequential decisions of the administration was the removal of fuel subsidy. For decades, the subsidy regime consumed vast public resources while creating opportunities for inefficiency, rent-seeking, and smuggling. The reform was painful, but it represented a fundamental shift in national priorities: away from financing consumption and toward financing development.

    Nigerian TAX Reform - Federal Goverment

    The significance of this decision extends beyond federal finances. Increased revenues accruing to the Federation Account have translated into improved allocations to states and local governments, providing sub-national administrations with greater capacity to undertake infrastructure projects, strengthen primary healthcare, improve educational facilities, support environmental initiatives, and deliver services closer to the people.

    Indeed, monthly allocations from the Federation Account Allocation Committee have reached historic levels, with approximately ₦1.969 trillion distributed among the Federal Government, states, and local governments in a recent allocation cycle. Such figures are not merely accounting statistics. They represent roads that can be rehabilitated, schools that can be renovated, primary healthcare centres that can be upgraded, and communities that can finally receive long-awaited development interventions.

    This is where reform becomes real.

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    For the local government chairman seeking to improve service delivery, for the council manager struggling with inadequate resources, for the community leader advocating development projects, and for the ordinary citizen seeking evidence that government can work, fiscal reform at the centre creates opportunities at the grassroots.

    The story of reform is therefore not merely a story about Abuja. It is a story about every ward, every community, and every local government in Nigeria.

    Likewise, the administration’s foreign exchange reforms sought to restore transparency, eliminate distortions, and improve confidence in the Nigerian economy. While the transition has not been without difficulty, the objective has been clear: to create a more predictable environment capable of attracting investment, stimulating production, and supporting sustainable growth.

    Economic transformation is often misunderstood because its earliest stages are rarely accompanied by immediate comfort. Foundations are laid before structures emerge. Seeds are planted before harvests appear.

    Yet signs of transition are becoming increasingly visible.

    Infrastructure development has accelerated across strategic sectors. Major transport corridors, road networks, energy investments, and logistics projects are being advanced not merely as construction exercises but as instruments of national productivity.

    The Lagos-Calabar Coastal Highway, the Sokoto-Badagry Super Highway, ongoing federal road rehabilitation programmes, rail modernization efforts, and investments in energy infrastructure represent a vision of economic integration capable of connecting markets, reducing transportation costs, stimulating commerce, and unlocking regional opportunities.

    History teaches that no nation has achieved lasting prosperity without investing in the physical infrastructure upon which enterprise depends.

    Equally significant has been the administration’s emphasis on human capital development.

    For generations, countless young Nigerians viewed higher education not simply as a matter of academic merit but as a question of financial survival. Talent often collided with poverty, and ambition was too frequently constrained by circumstance.

    The introduction and expansion of the student loan programme has begun to alter that reality. To date, more than ₦206 billion has been disbursed to over 1.16 million beneficiaries across approximately 270 tertiary institutions nationwide. Behind these figures are young Nigerians whose dreams remained alive because access to education was no longer determined solely by family income.

    There is the student from a modest household who can now remain in school without imposing impossible burdens on parents. There is the aspiring engineer, teacher, doctor, entrepreneur, and innovator whose future has been strengthened through deliberate public policy.

    A government’s greatest legacy is not merely the infrastructure it builds but the opportunities it creates. In this regard, the administration has invested not only in roads and bridges but also in human potential.

    Consider also the entrepreneur seeking a more stable economic environment in which to invest, expand operations, and create jobs.

    Consider the farmer whose productivity depends on improved infrastructure, access to markets, and policies that encourage domestic production.

    These are not abstract beneficiaries.

    They are Nigerians.

    And the true measure of governance is ultimately found not in policy documents but in the lives transformed by public policy.

    The administration’s agricultural agenda similarly reflects an understanding that food security is inseparable from national security. A nation that cannot feed itself remains vulnerable. By supporting domestic production, strengthening agricultural value chains, encouraging mechanization, and promoting investment in the sector, the government seeks to build resilience while expanding opportunity.

    Security remains an area where Nigerians rightly demand continued progress. The challenge is substantial, and no responsible assessment would suggest that all threats have disappeared.

    However, governance should be judged not solely by the persistence of challenges but by the seriousness of the response. Continued investments in security architecture, intelligence coordination, military operations, and law enforcement reflect an administration that understands that development cannot flourish where insecurity prevails.

    Yet perhaps the most important achievement of the past three years cannot be measured in kilometres of roads, budgetary allocations, or investment commitments.

    It is the restoration of a principle.

    The principle that leadership sometimes requires difficult decisions.

    For too long, Nigeria postponed necessary reforms because the political cost appeared too high. The result was a growing accumulation of structural weaknesses transferred from one administration to another.

    The Tinubu administration chose a different course. Whether one agrees with every policy or not, few can deny that it has confronted challenges many others preferred to defer.

    This is not a small matter.

    Nations rarely decline because they lack potential. More often, they decline because they lack the courage to address known problems.

    Three years after assuming office, President Bola Ahmed Tinubu’s administration can point to more than promises. It can point to unprecedented fiscal restructuring, expanded revenues available to states and local governments, over ₦206 billion in student loans reaching more than 1.16 million beneficiaries, ambitious infrastructure programmes spanning the federation, and a determined effort to confront structural challenges that successive administrations acknowledged but often postponed.

    These achievements do not suggest that the work is finished.

    Indeed, they strengthen the argument that it is not.

    As the nation approaches another electoral cycle, the central question is therefore not whether the journey has been demanding.

    The central question is whether a country that has finally embarked upon structural reform should abandon the process before its benefits are fully realized.

    History offers a clear warning. The greatest waste in public policy is not failed reform. It is interrupted reform.

    Roads abandoned midway become monuments to lost opportunity. Institutions restructured halfway become victims of uncertainty. Economic reforms reversed before maturity become casualties of impatience.

    Transformation requires continuity.

    The strongest case for a second term is therefore not partisan; it is developmental.

    It is the argument that infrastructure already commenced should be completed. That economic reforms already initiated should be consolidated. That investments in education, agriculture, technology, and security should be strengthened. That a nation seeking renewal must possess the discipline to sustain its reconstruction.

    This is not merely a conversation about one administration.

    It is a conversation about the character of a nation.

    Do we remain trapped in the cycle of short-term thinking that has too often delayed our progress? Or do we demonstrate the maturity to see difficult reforms through to their logical conclusion?

    The true question before Nigeria is not whether reform has been costly. Every meaningful transformation carries a price.

    The question is whether a nation that has finally summoned the courage to confront its deepest structural weaknesses possesses the patience to complete the journey.

    History seldom rewards societies that abandon reconstruction midway. It rewards those that persevere long enough for sacrifice to mature into prosperity.

    Nations rise when vision is matched by perseverance, when sacrifice is sustained by hope, and when leadership is granted the time required to convert difficult reforms into enduring progress.

    The future is not inherited.

    It is built.

    And every generation must decide whether it will merely witness history or possess the courage to shape it.

    • Ojepe is the Senior Special Assistant to the President on Education and Youth Engagement.

    Dare Ojepe's Article Economy Reform
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