If Nigerian politics had a middle name, it’d be “pass‑the‑bucket.” Now, President Tinubu finds himself stuck with a national financial hangover — a disaster allegedly handed down by his predecessor, Muhammadu Buhari.
Adding fuel to the fire, Senator Adams Oshiomhole, thorn-in‑Tinubu’s‑side‑turned‑spokesman, claims the massive drop in naira value and soaring living costs aren’t the result of Tinubu’s missteps — they’re Buhari’s doing, especially Nigerians suspect.
Yes, it’s Tinubu’s show — but the script was written in the Buhari era. Let’s unpack how Tinubu is allegedly paying for Buhari’s sins, how it’s biting back, and why Nigerians might soon write “Thanks, Buhari!” on their naira notes.
1. The Inheritance
At the recent Progressives Governors Forum in Edo, Oshiomhole fired the opening salvo.
He said the central bank printed a whopping ₦31 trillion under Buhari — funds borrowed via the Ways and Means policy with no backing to pay for it later.
The result? Inflation spiraled, the naira dived — and Tinubu inherited the wreckage.
The senator’s historical flex came with a cheeky analogy: “It’s like Idi Amin telling Uganda’s central banker to print money so everyone can share — until the currency becomes worthless.”
Nigeria nearly joined Zimbabwe’s economic horror story — and it was boss-Buhari who passed the cheat codes to Tinubu.
2. A Borrowing Frenzy
Oshiomhole didn’t stop at currency printing; he said Buhari treated national debt like water: use it freely, endlessly.
Every time Abuja ran short, they’d hit up the CBN, drowning our future in debt.
Now, Tinubu’s got to repay those IOUs — or watch Nigeria’s sovereignty slip through the cracks as international creditors grow impatient.
3. Tinubu’s “Economic Reset” — Restart Or Clean-Up?
As president, Tinubu scrapped the policy, introduced forex reform, and lifted subsidies.
But removing the weeds doesn’t fix the underlying dirt. Without repricing currency or structural fixes, the impact is sticker shock: “Subsidy removal saved the country but emptied wallets in the process,” Nigerians have been complaining. Oshiomhole said the cleanup was necessary — but pay attention to the bill.
4. Renewed Debts
Imagine discovering that your new house comes with someone else’s CO²-cleanup bill — and you’re the one paying up.
Welcome to Tinubu’s term. He asked Nigerians, “Want change?” They cheered. He said, “But you’ll pay for the sins of the last administration.” Suddenly, “For better or worse” includes serving someone else’s sentence.
The Real Victims — Everyday Nigerians
Behind the political blame game are Nigerians struggling to afford meals. Inflation hit 23.7%, with food insecurity levels among the worst in the world.
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Brace yourself—when Nigerians cry about the hole their money is falling through, their tears are falling into Buhari’s empty printing press.
The unifying voice of the End Bad Governance movement shows the fatigue: disruptions, protests, and the hunger of citizens are now louder than any governmental pep talk.
Tinubu vs The Ghosts Of Buhari
Ultimately, Tinubu is on stage trying to sell “Nigeria 2.0”. But backstage lingers a messy cast of Buhari-era economic blunders. The message from Oshiomhole’s camp: “Hold your applause—your president is paying for someone else’s shopping spree.”
So, next time inflation rocket-launches, or the naira slides, remember: Tinubu’s not just president — he’s accidental caretaker of Buhari’s last-minute economic fireworks. Unfair? Sure. But in politics, you inherit more than power—you inherit the bill.