The South-West Agenda for Asiwaju (SWAGA) has said Nigeria was on the verge of economic collapse before the emergence of Bola Ahmed Tinubu as president in 2023, crediting his policies with stabilising the country.
The group made this known during a visit to the Deji of Akure, Oba Aladetoyinbo Ogunlade, where it also announced its support for the president’s second-term bid.
Speaking during the visit, SWAGA National Chairman, Dayo Adeyeye, said Nigeria was “living on borrowed time” under the previous administration and could have faced hyperinflation and bankruptcy without decisive reforms.
He noted that key policies, including the removal of fuel subsidy, were necessary to prevent economic collapse, adding that major presidential candidates in the 2023 election had acknowledged the need for such reforms.
Adeyeye further argued that the administration’s policies have improved funding for all levels of government and introduced initiatives such as student loan schemes to support Nigerians.
Also speaking, Oyetunde Ojo, maintained that the government’s performance has attracted growing political support, citing recent defections to the All Progressives Congress as evidence.
In his remarks, the monarch commended the president’s contributions to Akure, particularly the approval of a federal teaching hospital, describing it as a major development for the city.
SWAGA reaffirmed its backing for Tinubu’s re-election, insisting that his leadership has helped steer Nigeria away from economic instability and laid the foundation for continued growth.
