Opinion
Two Years of President Tinubu: A Business Perspective
By Abdul Samad Rabiu
As Nigeria marks two years under the leadership of President Bola Ahmed Tinubu, I believe it is important to reflect, not from the lens of politics, but from the perspective of business, of industry, and of the economy. I speak not only as the Chairman of BUA Group – one of Africa’s largest conglomerates, but also as someone who has lived through the complexity of Nigeria’s reforms. I have seen the cost of dysfunction, the burden of inefficiency, but more importantly, the promise of a level playing field and the dividends of decisive governance.
FUEL SUBSIDY REMOVAL
The removal of the fuel subsidy is one of the most important decisions taken by this administration. Before that, Nigeria was selling PMS at 200 or 250 Naira per litre, which was about 25 or 30 cents. I doubt there was any country in the world where fuel was being sold at that price. During my trip to Saudi Arabia for the lesser Hajj in February this year, I checked the pump price at one of the petrol stations as we drove from Jeddah to Mecca. When I converted the price to Naira, it was almost 1,500 Naira per litre. That was Saudi Arabia.
We could simply not afford the subsidy. It was not just Nigerians who were benefiting from it. We were subsidising the entire region. I remember visiting Niger Republic a few years ago when President Bazoum honoured us. During dinner, he joked and said, “Thank you for the subsidy.” He said 100 percent of all PMS consumed in Niger was coming from Nigeria because it would cost them three times more to import. There was no incentive for them to bring in their own fuel or refine crude at their own refinery. This was the situation across the region.
Today, I understand that our fuel consumption has dropped by almost 40 to 50 percent. It is not because Nigerians are consuming less, but because neighbouring countries have stopped tapping into our subsidised fuel. The PMS is still cheaper in Nigeria, even at 800 or 900 Naira per litre, but the logistics no longer support easy access. Countries like Niger and Benin Republic still take fuel from Nigeria, but others have stopped.
The removal of subsidies was needed not only to save the economy but to ensure that Nigerians alone benefit from what is imported. Even if there must be subsidy, it should be for Nigerians only. The money saved is now being channelled to infrastructure, to better support for states, and to other developmental priorities. All the states are receiving more money now, and that has made a real difference.
I am of firm opinion that President Bola Ahmed Tinubu made the right decision, and he made it boldly. On the first day he took office, he did what everyone knew had to be done but no one dared to do. He acted immediately. Many criticised him, but he did the right thing, and it saved the country. Had we continued under that burden, only God knows where we would be today. I always say, Mr President is probably the only one who had the courage to take such hard and necessary decisions.
ON THE UNIFICATION OF THE FOREIGN EXCHANGE REGIME
The unification of the foreign exchange market is another critical reform. Before this, many of us in the business community spent most of our time chasing foreign exchange. I personally spent half of my time trying to get FX from the Central Bank of Nigeria. The CBN was the only source of official exchange, offering FX at around 500 Naira when the parallel market was 800 or 900. No business could survive outside the CBN structure.
Every two weeks, we would go to Abuja to seek allocations. It was exhausting and inefficient. You had to camp there for three or four days before Allocation Monday, waiting for the CBN to allocate dollars. Today, I have met the new CBN Governor, Mr Cardoso, only once in two years. The reason is simple: I do not need to go to Abuja now to get foreign exchange. The system is open. It is working.
This was also a bold move by President Tinubu. It was necessary, and he took that decision as well. We are very glad because today we can focus on our businesses. These reforms are saving the economy.
FAIRNESS, SANITY AND STABILITY IN BUSINESS
Under this administration, we have seen a return to fairness and stability in business. We no longer worry about arbitrary shutdowns or politically motivated disruptions. Let me give a real example. We started a new business in Port Harcourt four or five years ago under BUA Foods, operating at the Rivers Ports under a concession with the Nigerian Ports Authority. It was going very well. One day, we woke up to a letter stating that the concession had been revoked, the terminal shut down, and the lease agreement terminated. There was no prior warning, no issue, no conflict.
Later, we discovered that the Managing Director of NPA at the time decided to close the business simply because our operations were competing with those of her friend. She wanted to impress her friend. That was the only reason. Today, that kind of thing cannot happen. Nobody would dare take such an action under President Tinubu. You can wake up now without fear that your business has been shut down by an agency or politician.
That stability is critical. That Port Harcourt plant alone has seen over 500 million dollars in investment and has employed over 4,000 people. The confidence this government has brought is real, and it is helping us plan better.
I must also personally acknowledge former President Muhammadu Buhari. When our Port Harcourt plant was unfairly shut down, it was his intervention that saved it. I had the privilege of explaining the situation to him. He agreed it was wrong and acted. He said he would not permit injustice under his watch. That decision saved the business. But the reality is, I had access. What if I did not? That is the difference today. Now, nobody needs access to the President to be treated fairly. Everyone knows that if you do something wrong under President Tinubu, you may lose your job or even face prosecution and go to jail. That is why I can now spend more time focusing on the business and relaxing.
The President Tinubu reforms are creating a level playing field. Like I said previously, every business had to lobby the CBN for FX. If you did not, your business would collapse. Now, you do not need to go to Abuja. You just focus on your operations.
INFRASTRUCTURE AS A KEY DRIVER OF DEVELOPMENT
In infrastructure, the difference is also clear. Look at the Lagos-Calabar highway. Look at the Sokoto-Badagry road. Look at the Kwara projects we are executing under the tax credit scheme. Look at Kano-Kongolam. Look at the Okpella to Kogi State corridor. These projects are progressing because of the savings from subsidy removal and FX unification. With more revenue, Nigeria is building.
These roads and others being built are critical because logistics have become a major challenge. Transporting goods from Lagos to the North is very expensive due to bad roads. Now, the President is addressing this. With better infrastructure, logistics will improve, and businesses will grow. These reforms have enabled long-term planning and serious investment.
BUA WILL CONTINUE TO BET ON NIGERIA
Since President Tinubu took office, BUA Group has invested over one billion dollars in the Nigerian economy. We are expanding our food business, doubling our flour and pasta facilities in Port Harcourt and building another in Lagos. Demand is increasing. People are earning more. Confidence is returning. We have also completed the first POP plaster manufacturing plant in Nigeria which is now operating and are soon starting construction of a 30MW solar energy project in Sokoto State.
In the oil and gas sector, we are completing our LNG project in Ajaokuta, Kogi State. These investments are possible because of stability that has been brought about by President Tinubu’s reforms. We can plan now. The exchange rate has been fairly stable for almost a year. FX is accessible. Money is coming in from different sources, and investors are responding. If you want 200 million dollars a week for trade, you can get it without lobbying anyone at the Central Bank. These are the results of good policies.
ON FOOD SECURITY
When I met President Tinubu recently, he raised concerns about food prices. He wanted to know what BUA Foods was doing. I explained that his six-month tariff waiver had worked. It disrupted hoarding in the rice market. In Nigeria, the rice harvest is short and runs for about three months. Middlemen were buying paddy rice, hoarding it, and raising prices post-harvest. This artificial scarcity drove prices to as high as 110,000 Naira per bag. The farmers did not benefit. Farmers just wanted to sell and move on yet some people were buying from them, hoarding it, and creating a food crises in the country.
The temporary waiver allowed rice to be brought in, and milled immediately. The hoarders were cut out. Prices began to drop. It was a short-term solution, but it worked. It showed foresight. I told the President it helped and that if the situation persists, further steps can be taken. But for now, it has made a difference.
PRESIDENT TINUBU’S NIGERIA FIRST POLICY AND BACKWARD INTEGRATION
President Tinubu’s Nigeria First policy has aligned well with our own belief in backward integration. Our cement business is almost entirely local. We mine our own limestone. We use Nigerian gas even though it is dollar-denominated. The only foreign element is the equipment, and even that benefits from government concessions for mining equipment which everyone else in the industry benefits. If we had to import cement today, prices would be over 15,000 Naira per bag. Nigeria does not have the port infrastructure to even handle the import volume. Producing locally has saved the economy and stabilised the sector.
We are doing more, and we will continue to do more. Nigeria has everything—population, arable land, resources, water, and now, strong leadership under President Tinubu. We believe in Nigeria because the fundamentals are now strong. My advice to all is to take a Bet on Nigeria. This is the place to be.
So for me, what has this administration done right? First, it removed the fuel subsidy which was the biggest economic scam in our history. Second, it unified the foreign exchange market and third, it restored stability, fairness, and confidence in the economy. These are the foundations of growth. Nigeria is full of potential. With the right leadership, which we now have, there is no limit to what we can achieve.
Rabiu is the Founder and Chairman, BUA Group
Comrade Abbas Ibrahim
By all standards, the recent violent invasion of Kano’s bustling GSM Farm Centre Market by suspected political thugs is a dangerous development that must be condemned in the strongest possible terms. What transpired on Monday, April 27, 2026, was not merely an attack on traders and innocent citizens; it was an assault on public peace, economic prosperity, and the very foundations of democratic engagement.
Farm Centre is not just another market. It is one of the largest mobile phone and information technology hubs in Northern Nigeria, attracting traders, investors, and customers from across the country and neighbouring nations. Its vibrancy has made it a critical contributor to Kano’s economy and a symbol of the state’s commercial strength. Any attack on such a strategic economic centre is, by extension, an attack on Kano itself.
The scenes were deeply disturbing. Shops were looted, while vehicles and motorcycles were vandalised, and many innocent people sustained injuries. Traders—many of whom are still struggling to recover from previous devastating fire outbreaks—have once again been thrown into uncertainty, pain, and financial hardship.
Even more troubling is the fact that the Kano Passport Office is located within the vicinity. Such brazen violence near a sensitive federal facility raises serious security concerns and presents an unfortunate image of Kano to both local and international visitors.
Although the politician allegedly linked to the incident has denied involvement, the episode underscores a much larger and more troubling reality: the growing recklessness of political actors and their inability or unwillingness to restrain their supporters.
As the 2027 general elections approach, Kano cannot afford a return to the dark days when political contests were settled through violence, intimidation, and destruction. Democracy thrives on ideas, persuasion, and the ballot—not on thuggery, fear, and bloodshed.
Political leaders must understand that they bear both moral and legal responsibility for the actions of their followers. Silence in the face of violence is complicity, while ambiguity only emboldens criminal elements who exploit political rivalries for personal gain.
While the swift intervention of the police—including the deployment of teargas and the arrest of six suspects—helped restore order, the incident has once again exposed glaring limitations in the security architecture around Farm Centre. The police division is evidently overstretched and unable to respond effectively to large-scale disturbances in such a densely populated commercial area.
This is why the Kano State Government must immediately strengthen the operational capacity of the Kano State Vigilante Group and, more importantly, fully leverage the Kano Neighbourhood Safety Corps.
Established with an initial strength of 2,000 personnel drawn from all 44 local government areas, the Corps was specifically designed to complement conventional security agencies. The law establishing it wisely insulates it from partisan politics, ensuring professionalism, neutrality, and community trust. Under the capable leadership of retired Lieutenant Colonel Aminu Abdulmalik, the Corps possesses the discipline, structure, and local intelligence needed to provide rapid response and preventive security.
The time has come for its strategic deployment to critical economic hubs such as Farm Centre.
Recommendations for Immediate Action
First, all political parties and aspirants must publicly commit to peaceful conduct and take responsibility for the actions of their supporters.
Second, law enforcement agencies must thoroughly investigate the incident and prosecute all those found culpable, regardless of political affiliation.
Third, security presence at Farm Centre should be significantly enhanced through a joint task force comprising the Police, Civil Defence, and the Kano Neighbourhood Safety Corps.
Fourth, the Kano State Government should establish a permanent rapid-response security unit dedicated to protecting major commercial centres.
Fifth, political leaders must invest in civic education, teaching their supporters that elections are contests of ideas, not battles for survival.
Finally, traditional rulers, religious leaders, civil society organisations, and the media must intensify advocacy against political violence and promote a culture of tolerance.
A Test for Kano
Kano stands at a critical crossroads. The state can either allow desperate politicians and criminal elements to drag it backwards or rise above violence and preserve its proud reputation as the commercial heartbeat of Northern Nigeria.
The attack on Farm Centre must serve as a wake-up call. Political ambition must never be allowed to supersede public safety. The livelihoods of hardworking citizens must never become collateral damage in the pursuit of power.
Kano deserves better. Its traders deserve protection. Its democracy deserves maturity.
The journey to 2027 must begin with a firm and collective rejection of political violence in all its forms. Anything less would be a betrayal of the people.
Comrade Abbas Ibrahim writes from Kano and can be reached at abbasibrahim664@gmail.com
Jamilu Uba Adamu
Last week, while writing a tribute to the late Alhaji Ibrahim Galadima, one question kept haunting me: who will fill his shoes?
Kano, with its long tradition of producing great men across every sector—from business and politics to academia and sports—has never failed to replace its icons.
In sports administration, Kano’s roots run deep. At independence, the Premier of the Northern Region, Sardauna of Sokoto, Sir Ahmadu Bello, appointed the late Alhaji Muhammadu Danwawu of Kano as the Northern Region’s sports administrator. Decades later, in 1991, the state produced the Chairman of the Nigeria Football Association, Alhaji Yusuf Garba Ali.
That tradition was sustained by the immense contributions of stalwarts like the late Alhaji Isiyaku Muhammed, the late Alhaji Usman Nagado, and the late Alhaji Abdullahi Abba Yola—men who served the game with distinction and left footprints in administration, mentorship, and institutional growth. Alongside them were other excellent administrators such as Alhaji Tukur Babangida, Alhaji Ibrahim Abba, Dr. Sharif Rabiu Inuwa Ahlan, Bashir Ahmad Maizare, among others.
Now, with the passing of Alhaji Ibrahim Galadima, a pressing question emerges: *who will fill his shoes?*
Galadima was not just an administrator; he was an institution. As a former NFA Chairman, he brought credibility, order, and dignity to Nigerian football during turbulent times. His shoes are large—not merely because of the offices he held, but because of the integrity, courage, and vision with which he led.
Yet, if history is any guide, Kano’s well of leadership has never run dry. From Alhaji Danwawu at independence, to the era of Isiyaku Muhammed and Usman Nagado, through Yusuf Ali in 1991, and down to Galadima in the 2000s, the state has consistently raised men of character to step into moments of transition. The challenge before us is not whether Kano can produce another Galadima, but whether we can create the environment that allows such leaders to emerge and thrive.
The vacuum is real. The legacy is intact. The question remains: who among the next generation will rise to it?
Adamu writes from Kano and can be reached via jameelubaadamu@yahoo.com
Opinion
A Baby in 1956, A Granny in 2026; An Idol in 2096: Abdalla Uba Adamu’s Yesterday is Tomorrow
Prof. Aliyu Barau
Professor Abdalla was barely 11 years old when the 1967 science fiction film, Tomorrow is Yesterday, written by D.C. Fontana, was released. The film explores the possibility of traveling back and forth in time. I chose this caption with the understanding that science has shaped Abdalla’s trajectory in academia. Even as a child, he vigorously pursued science. He would ride his bicycle to the commercial side of Kano to buy books from the Kano-based missionary bookstore—the Challenge Bookshop—whose worn-out structure I once knew along Niger Street.
What exactly happened in 1956, and what connections does he have with that year? This is interesting because some events of 1956 may have shaped Abdalla into who he is today. For instance, anyone close to him knows of his fascination with the Kingdom of Morocco, which gained independence in 1956, just as Sudan did. I am not certain whether the Professor has any strong connection with Sudan; however, I would not be surprised, given his work in neo-Ajamisation scholarship. If you know his passion for popular culture, then you should also know that 1956 marked the rise of Elvis Presley. He made his debut on The Ed Sullivan Show and topped music charts, fueling the rock-and-roll era. If you wonder why Abdalla has ventured deeply into the worlds of media and communication, consider that the world’s first transatlantic telephone cable was commissioned in 1956. And if you admire the way Professor Abdalla writes and speaks English with a Midlands sharpness, you should recall that Queen Elizabeth II visited Kano in 1956. These moments symbolically map his journey through time since his birth in 1956.
Professor Abdalla is already something of a scholarly “grand old figure,” as even the students of his students became professors a few years ago. I often find it difficult to call him merely a professor; he is more of a mallam in the true sense of the word in Hausaland, and even more a mwalimu in the truest sense of Swahililand.
Like him or hate him, Abdalla Uba Adamu remains one of the most genuinely apolitical intellectual vanguards Kano has ever produced. Whether you acknowledge it or not, no position has ever—and will ever—distract him from true scholarship. Agree or disagree, nothing can rob him of his golden joviality. You may tower over him physically, but he will dwarf you intellectually. What is striking about Abdalla’s scholarship is its velocity—like a supersonic missile traveling at Mach 15 (a hypersonic speed roughly equivalent to 18,500 km/h, or 11,500 mph). I have yet to see any of his students come close to matching his intellectual range, even as age and retirement approach him. Allah ya kara lafiya. Truly, in Abdalla, we have a rare scholar.
Personally, I say with confidence that I share a genuine and natural relationship with Professor Abdalla Uba Adamu. With all humility, I can say that this rare scholar holds me in high regard. Whenever I call him and he misses the call, he always returns it, and I leave the conversation uplifted by his humour. Za mu sha hira. I know the people in his good and bad books. Throughout Bayero University Kano, I doubt there is anyone who has taken as deep an interest in my academic progress as Abdalla. I can proudly say I am among the few he trusted to co-author a journal article, even though we come from different disciplines but share common interests. He constantly tracks my progress, often calling to congratulate me: “I have seen your paper on ResearchGate or Google Scholar. I am happy. Please keep working.” Many people do not know how humble and philanthropic Professor Abdalla is, but Allah knows. May Allah reward his hidden deeds and guide him to Jannah. One example is his remarkable act of building a house for a homeless blind man.
In 2006, Professor Abdalla served as the team lead for Celebrating Arts in Northern Nigeria, a project by the British Council and the Prince’s School of Traditional Arts, London. The project culminated in a visit by His Majesty King Charles III, then the HRH Prince of Wales. Abdalla ensured that Nasiru Wada Khalil and I participated fully in the activities, giving us the opportunity to benefit. He stepped aside to create space for us. When the Prince arrived and engaged with us at the British Council, I seized the opportunity to present him with a copy of my book, Environment and Sustainable Development in the Qur’an (with the approval of the British High Commission). I still remember Abdalla telling me, “Kayi daidai; nima da ina da shi, wallahi da na ba shi.” Just imagine—such humility.
At his retirement, social media was filled with tributes celebrating this rare scholar. I am optimistic that by 2096, long after both Abdalla and I are gone, the Hausa world will be idolising and drawing inspiration from his erudition and service to humanity. Even in death, his scholarship will continue to shape the future. One final lesson I have learned from him is that one should be in the university not for money or political positioning. This is a principle he firmly believes in—and one I also uphold.
Abdalla na Allah. Allah ya sa mu cika da imani. Abdalla conquers yesterday and tomorrow.
Prof. Aliyu Barau teaches at
Bayero University, Kano.
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