# Bola Ahmed Tinubu ## The power he actually held Bola Tinubu has been president of Nigeria since 29 May 2023. CBN sets the naira. NNPCL prints pumps. INEC certifies. He is the political principal, not every FAAC clerk. As of August 2026 he remains in office. A 2027 presidential ballot is not this page’s completed Fact. ## What went wrong, and what is proven The sharpest documented costs that are dated and named are [‘subsidy is gone’, 29 May 2023](/facts/ng-subsidy-2023) and the [14 June 2023 naira unification](/facts/ng-naira-2023). Pump prices moved from about ₦185 toward ₦1,100–1,400. The naira lost most of its prior official value. [#EndBadGovernance, August 2024](/facts/ng-protests-2024) is a completed protest-and-crackdown cluster. Insecurity remains a completed 2024 violence cluster under his federal watch. [ECOWAS-Niger, 2023](/facts/ng-ecowas-2023) is a completed regional-force file. [Petrol-price resets](/facts/ng-petrol-2024) after Dangote weather are dated household shocks. [Tax bills, June 2025](/facts/ng-tax-2025) were contested across regions before a [1 January 2026 start](/facts/ng-tax-2026). [CBN Ways-and-Means inheritance](/facts/ng-ways-means-2023) is a completed stock he had to close. ## What improved, and how far The [25 February 2023 election](/facts/ng-election-2023) and [29 May oath](/facts/ng-inauguration-2023) are completed rotations. [Supreme Court, October 2023](/facts/ng-sc-2023) upheld the result. [Yemi Cardoso at CBN](/facts/ng-cardoso-2023) is a completed appointment. [₦70,000 minimum wage](/facts/ng-wage-2024) is a completed floor, remaining price lag named. NELFUND is a completed student-loan start. [FAAC/state salaries](/facts/ng-faac-2024) is a dated fiscal-flow. [FX-gap close](/facts/ng-fxgap-2024) is a measured unification print. [Cash transfers](/facts/ng-transfers-2024) are dated household instruments. [Reserves print](/facts/ng-reserves-2025) is a completed CBN stock. [GDP 4.23 percent, Q2 2025](/facts/ng-gdp-2025) is a measured quarter. [August 2026 scorecard](/facts/ng-scorecard-2026) is a completed ministry account that itself said household welfare was unfinished. ## Shared responsibility, and what the score does not say The score does not say that every pump naira is a unique later conviction of a subsidy cabal. It does not say that a wage floor rebates a 139-million poverty print. It does not convert a 2027 filing into a completed second term. Confidence is high on Eagle Square and CBN circulars, and medium where World Bank lines, untried certificate files, and later CPI series sit between a speech and a welfare indicator. Related people are counterpart rulers who actually shared files: Ramaphosa, Ruto, Abiy, Sheinbaum, Lula, Trump, Biden, Macron, von der Leyen, Guterres, Carney, Modi. Official carriers include State House and contemporaneous Reuters. A president is powerful enough to own those two June-2023 instruments. He is not powerful enough to be the unique author of every NNPCL tanker, and the dossier keeps that line visible. Keep 29 May off a 2026 tax act. Keep a World Bank print off NELFUND. If those distinctions feel pedantic, they are the alternative to a Jagaban halo and the alternative to a cartoon. The 2023 oath, the 2024 protests, and the 2026 tax-act start are different dates. Treat them as texts. A 2027 ballot is not a certificate. He is still president in August 2026. Cardoso, Oyedele, NNPCL, and states remain on the file so a brand cannot swallow them. ## Dated facts - 2026: Finance ministry publishes a reform scorecard that still calls household welfare unfinished. https://factrail.ai/facts/ng-scorecard-2026. Sources: https://finance.gov.ng/Ministers%20Briefing.pdf, https://www.reuters.com/world/africa/nigeria-reforms-helped-avert-economic-collapse-finance-minister-says-2026-08-19/. - 2026: The new Nigeria Tax Act cluster takes effect. https://factrail.ai/facts/ng-tax-2026. Sources: https://allafrica.com/stories/202608100118.html, https://statehouse.gov.ng/. - 2025: The World Bank prints about 139 million Nigerians in poverty. https://factrail.ai/facts/ng-poverty-2025. Sources: https://www.worldbank.org/en/country/nigeria, https://statehouse.gov.ng/. - 2025: External reserves print about $42 billion, the highest since 2019. https://factrail.ai/facts/ng-reserves-2025. Sources: https://dailytrust.com/the-worst-is-over-tinubu/, https://www.cbn.gov.ng/. - Non-oil revenue hits the 2025 target by August. https://factrail.ai/facts/ng-nonoil-2025. Sources: https://dailytrust.com/the-worst-is-over-tinubu/, https://statehouse.gov.ng/. - Q2 2025 GDP grows 4.23 percent, a four-year high. https://factrail.ai/facts/ng-gdp-2025. Sources: https://nigerianstat.gov.ng/, https://dailytrust.com/the-worst-is-over-tinubu/. - 2025: Tinubu signs four tax-reform bills after a regional fight. https://factrail.ai/facts/ng-tax-2025. Sources: https://nairametrics.com/2026/06/12/10-biggest-tinubu-reforms-reshaping-nigerias-business-landscape/, https://statehouse.gov.ng/. - 2025: The government expands subsidised-mortgage and housing finance. https://factrail.ai/facts/ng-mortgage-2025. Sources: https://finance.gov.ng/Ministers%20Briefing.pdf, https://statehouse.gov.ng/. - 2024: The official-parallel naira gap narrows to under 5 percent. https://factrail.ai/facts/ng-fxgap-2024. Sources: https://www.reuters.com/world/africa/nigeria-reforms-helped-avert-economic-collapse-finance-minister-says-2026-08-19/, https://www.cbn.gov.ng/. - 2024: Pump prices reset again as NNPCL and Dangote weather collide. https://factrail.ai/facts/ng-petrol-2024. Sources: https://www.reuters.com/business/energy/nigeria-petrol-prices-nnpcl-dangote-2024/, https://statehouse.gov.ng/. - 2024: #EndBadGovernance protests meet a federal crackdown. https://factrail.ai/facts/ng-protests-2024. Sources: https://www.reuters.com/world/africa/nigeria-protests-over-living-costs-enter-second-day-2024-08-02/, https://statehouse.gov.ng/. - 2024: The national minimum wage rises from ₦30,000 to ₦70,000. https://factrail.ai/facts/ng-wage-2024. Sources: https://www.reuters.com/world/africa/nigeria-agrees-new-minimum-wage-2024/, https://statehouse.gov.ng/. ## Methodology https://factrail.ai/methodology Canonical: https://factrail.ai/people/bola-tinubu