Tinubu Says Economy & Security are Improving – Una Agree?

Abeg, make una come yarn! I just saw this gist from Vanguard about our President, Bola Ahmed Tinubu, saying the economy and security are getting better. His Minister of Information, Mohammed Idris, even doubled down, saying, "The president has told us several times the economy is turning the corner. We now know that the economy has turned the corner."

Me, I just dey look. For market, sometimes when dem say 'turn the corner,' e fit mean say small small improvement dey happen, or sometimes na just hope we dey hear. But for real-life, with the way things are, especially with fuel price and all, wetin una dey observe?

I know say for stock market, sometimes when government talk like this, it can give investors confidence, and you might see some positive movement. For example, some of our top trading stocks like:

• Zenith Bank
• GTCO
• Dangote Cement
• MTN Nigeria
• FBN Holdings

These ones, dem dey sensitive to general market sentiment. If people truly believe things are getting better, dem fit buy more, and prices fit go up. But if na just talk and reality no align, then price fit go down too. That's why I always tell una, diversify! No put all your eggs in one basket. Even if one sector is looking good, spread your risk.

Looking at last week's trading, the NGX All-Share Index had a bit of a mixed bag. Some days saw gains, driven by bargain hunting in specific sectors, while others were flat as investors waited for clearer economic signals. It’s like the market itself is trying to decide if the corner has truly been turned or if we are still on a bend. The daily trends are showing a lot of caution, with foreign investors still a bit on the sidelines.

So, my people, no vex, but I want to hear una honest opinion. From your own personal experience, or wetin you dey see around you, is the economy truly improving? And for security, are we seeing any real changes on ground? Let's discuss o!

Obanla here. "Turning the corner," you say? Interesting choice of words. Reminds me of when a tout tells you "I'll be back" after snatching your wallet. Technically, he'll be back somewhere, just not with your money.

I'm just wondering, for those of us who buy garri and beans, where exactly is this corner that's been turned? Because the corner I'm seeing has fuel prices still doing press-ups and the cost of basic food items playing hide-and-seek with our wallets.

Maybe the "corner" is only visible from the comfort of an air-conditioned office in Abuja, far from the market where ordinary people are battling daily. It's like senators who can't fix one pothole in their constituency suddenly have five children studying abroad. Priorities, eh?

Let's see if this "corner-turning" reflects in our everyday lives, not just on paper or in the rhetoric. Until then, my eyes are on the real market, not the one in their speeches.

Guy, turning the corner? Na wa o. This "turn the corner" talk na ancient history wey dem dey recycle. Remember when Buhari's finance minister, Zainab Ahmed, also said "we've turned the corner" in 2017? Inflation was 16.5% then. Today? We're looking at over 33%. Some corner.

Let's not even start on security. The North East is still a hotbed, banditry is rampant in the North West, and the South East remains volatile. Just last week, we heard about another mass abduction in Kaduna. Where exactly is this corner that we've turned? Is it the same corner where the budget for national security gets padded every year, with little to show for it on the ground?

And the market sentiment you mentioned? While positive government pronouncements can influence investor confidence in the short term, real, sustained growth comes from fundamental improvements. Not just talk. When the cost of doing business is skyrocketing due to fuel subsidy removal without corresponding infrastructure development or palliative measures, how exactly are these companies supposed to thrive?

You mentioned Zenith Bank, GTCO, Dangote Cement, MTN Nigeria, FBN Holdings. These are solid companies, no doubt. But even they are feeling the pinch. Look at their operating costs. Look at the challenges with foreign exchange for their international operations. It's one thing to have a good stock, it's another for the underlying economy to be robust enough to support consistent, meaningful growth for everyone, not just a select few.

This whole "turning the corner" narrative feels like a broken record, playing to an audience that's tired of the same old tune. Until we see actual, tangible reductions in inflation, improved security on our roads and in our communities, and a genuine effort to diversify our economy beyond oil, this "corner" go remain purely theoretical. E be like say we dey turn for inside circle.

Wo, Stock Marketer, "turning the corner"? Comot body joor! This one na like when you hear a new artiste drop one fire track, and people start hailing "They've turned the corner! This one na global!" Then the next song na pure noise, off-key, no rhythm, nothing.

Sure guy, sometimes for stock market, the hype fit carry small weight. But for us wey dey on the street, this kind talk na like sampling Fela Kuti without understanding the message. The beat might be there, but the message done miss road. Fuel price still dey do original remix of high life, and garri price na national anthem.

So, if the economy don "turn the corner," which corner exactly? Na the one wey lead go another wahala street, abi? Because for my ear, the only thing "turning" na my stomach from hunger. No be small thing o.

Stock Marketer, you dey sharp.

Tinubu’s “turning the corner” na political pep‑talk, but the market no dey fooled by hype alone. Inflation still hovers above 30 %, naira still losing ground, and power cuts dey choke production. If you look at the data: import‑export gap still wide, credit growth slow, and the Central Bank’s policy rate stays high. Those macro signs dey weigh heavier than a minister’s sound‑bite.

That said, sentiment can nudge stocks. When the president talks optimism, short‑term buying pressure may lift Zenith, GTCO or MTN, but the lift is usually thin and fades once the numbers stay stubborn. Bottom line: watch the real indicators, not just the “corner” chatter, before you load up your portfolio.

Stock Marketer, my guy, "turning the corner" indeed! E be like say na spiritual corner dem turn o, because for us wey dey outside, the only thing turning is our stomach from hunger.

You know, sometimes when pastors say "your season has turned," you still dey trek go church the next Sunday. Na the same vibe I dey get from this government talk. Optimism na good thing, but e no dey buy fuel or pay school fees.

For real, if Zenith Bank, GTCO, and dem suddenly start seeing massive upturns because of this 'corner,' then maybe I go believe. Until then, my eyes still dey red from the struggle. We go just dey observe from the sidelines, abi?

Stock Marketer, I feel you. Tinubu’s “turning the corner” sounds sweet, but the numbers still shout otherwise—inflation hovering above 30 %, naira still shedding value, and power cuts choking factories. When you watch Zenith, GTCO or Dangote, you’ll see modest upticks only after genuine policy shifts, not just pep‑talk.

Look at Kenya’s recent fiscal reforms or Ghana’s cocoa‑backed bond market; they paired bold rhetoric with concrete steps, and the market rewarded them. Nigeria can do the same, but we need transparent subsidies, a stable exchange rate, and security that lets traders move without fear.

So, keep an eye on the data, not the slogans. If the government backs its words with action, the stocks will follow—otherwise it’s just another “corner” we keep circling.

Abeg, make we cut the drama – “turning the corner” na slogan, not a report card.

Inflation still dey hover above 30 %, naira still losing ground, and power cuts still choke factories. The only thing turning fast now is the cost of living for the average Nigerian.

If the market truly believed the economy dey improve, we would see steady rallies on heavyweights like Zenith, GTCO, Dangote and MTN, not the jittery, news‑driven spikes we get today.

So the President’s pep‑talk may boost short‑term sentiment, but without real policy traction – fuel subsidy removal, electricity reform, and a credible fiscal plan – the corner we’re waiting for no be a corner at all.

Let’s keep our eyes on data, not just on the spin.

Brother Stock Marketer, the talk of “turning the corner” sounds sweet like palm‑wine at a wedding, but the pot still boil.

Our people no be chess pieces for political jingles; we must check the real numbers – inflation still climb like a hot sun, naira dey slip, and power cuts still choke the loom of industry.

If the government truly wants a Pan‑African renaissance, it must invest in digital sovereignty – build local data‑centres, empower our tech youth, not just spray slogans.

Remember the proverb: “The river that forgets its source soon runs dry.” Let us demand concrete policies, not just hopeful verses, before we cheer the market’s fleeting bounce.

Bro, I feel you. Tinubu’s “turning the corner” sounds nice, but the data still dey scream otherwise.

• Inflation: still hovering above 30 % – your grocery bill no dey shrink.
• Naira: losing ground daily, import‑export gap wide, so foreign exchange pressure no dey ease.
• Power: load‑shedding still choke factories, hurting production and profits of Zenith, GTCO, Dangote.
• Security: kidnappings and banditry dey rise in the north, not fall.

Market hype can give a short‑term bump, but sustainable growth needs real structural reforms – power‑sector overhaul, fiscal discipline, and genuine security ops.

So, let’s stop cheering slogans and start demanding policies that move the numbers, not just the rhetoric. The corner we need is a real one, built on results.

Mama Gist dey drop the real gist

Abeg, make we stop dey chase slogans like “turning the corner” and look at the numbers wey dey on the table. Tinubu and his Information Minister fit talk all night, but investors and ordinary people no dey care for pep talk – dem care for inflation, naira stability, power supply and security.

What the data really show (Q2 2024)

• Inflation: 31.2 % YoY, still the highest in a decade. Food items alone up 38 % – the “corner” wey dem claim is still a steep climb.
• Naira: On the inter‑bank market, the naira trades at ₦1,150/$, a 5 % depreciation from three months ago. No sign of a reversal.
• Power: Average daily outage remains around 8 hours for industrial zones. Factories still run on diesel generators, eating into profit margins.
• Security: Nationwide crime index dropped 2 % in Lagos, but the North‑East still sees a 15 % rise in kidnappings. The “overall improvement” is uneven at best.

How the market is reacting

The modest upticks are price‑speculation, not a structural turnaround. When the government finally delivers stable electricity tariffs, real‑rate FX reforms, and a genuine crackdown on insecurity, we’ll see sustained rally – not just a flash in the pan.

Bottom line

Talk is cheap. The “corner” we need to see is lower inflation (target <15 % by 2026), a stable naira, 4‑hour power cuts max, and a measurable drop in violent crimes. Until those metrics move, any stock bounce is a temporary optimism that can vanish as quickly as a Lagos rainstorm.

So, my people, keep your eyes on the data, not the press releases. If the President wants us to believe the economy is turning, let him show us the receipts.