Tinubu Narrates How His Wealthy Uncle Could Not Get N10,000 Cash During Naira Scarcity

Tinubu Narrates How His Wealthy Uncle Could Not Get N10,000 Cash During Naira Scarcity

  • President Bola Ahmed Tinubu has recounted his experience during the nationwide naira scarcity in 2023
  • Tinubu said one of his uncles despite his wealth could not get N10,000 cash to buy foodstuff for himself and family
  • The President said the experience almost made him to withdraw from the presidential race against Atiku Abubakar, Peter Obi and others

Legit.ng journalist Adekunle Dada has over 7 years of experience covering metro, government policy, and international events

FCT, Abuja - President Bola Ahmed Tinubu said one of his wealthy uncles could not get N10,000 cash to buy foodstuff during the naira scarcity in 2023.

Tinubu recounted his encounter with a close relative who came to him to get their uncle because he ran short of cash.

President Bola Tinubu's wealthy uncle did not have N10,000 cash during Naira scarcity
President Bola Tinubu said the odds were against him during the 2023 election. Photo credit: Asiwaju Bola Ahmed Tinubu
Source: Facebook

As reported by Daily Trust, Tinubu stated this during a special Iftar held in his honour at the Presidential Villa on Saturday night, March 29, 2025.

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Tinubu mentions how and why he nearly withdrew from the 2023 presidential race

Tinubu said the odds were against him during the 2023 geenral election campaigns.

“Those close to me know that the odds were against me. During the campaigns, one of them came to my living room around 3:30 a.m. and said he needed just N50,000 to buy foodstuff for our uncle.
“He told me, ‘The currency is gone because of you. People are jumping over bank counters because there is no cash. Our uncle, a wealthy man, doesn’t even have N10,000 in cash. What are you running for?
“I told him, ‘I am running for President, not for you and our uncle.’ I gave him the N50,000. As he walked out, he turned to me and said, ‘I don’t think you will make it.’ I replied, ‘I will make it,’”

Tiinubu further stated that he contemplated withdrawing from the 2023 presidential race but people like Aminu Masari and others encouraged me.

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Legit.ng earlier reported that President Tinubu revealed that he almost withdrew from the 2023 presidential race due to the challenges posed by the naira redesign policy but remained determined despite doubts from close associates

Tinubu recalled how he made the bold move to remove fuel subsidies on his inauguration day, emphasizing that leadership requires making difficult but necessary choices.

Vice President Shettima, Senate President Akpabio, and other prominent figures commended Tinubu’s leadership, highlighting his courage in tackling Nigeria’s longstanding economic challenges.

Legit.ng also reported that President Tinubu on Friday, March 28, 2025, made another promise to the people of Nigeria.

President Tinubu vowed to continue to work hard and pray hard for the peace and stability of the country.

He stated this after the special Juma'ah prayer in commemoration of his 73rd birthday at the National Mosque in Abuja.

Buhari hails President Tinubu at 73

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Meanwhile, Legit.ng reported that former President Muhammadu Buhari, in a telephone call, reaffirmed his strong bond with President Tinubu as he turned 73.

Buhari praised Tinubu’s contributions to Nigeria’s political landscape, emphasising his role in the formation and success of the APC and his election into office in 2011 and 2015.

The former president extended his prayers and best wishes to Tinubu while also wishing the nation a joyful Sallah celebration.

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Source: Legit.ng

Authors:
Adekunle Dada avatar

Adekunle Dada (Politics and Current Affairs Editor) Adekunle Dada is a trained journalist with over 7 years of working experience. He is also a Politics/Current Affairs Editor at Legit.ng. He holds a B.Sc. in Mass Communication From Lagos State University, Ojo. Adekunle previously worked at PM News, The Sun, and Within Nigeria where he expressed his journalistic skills with well-researched articles and features. In 2024, Adekunle obtained a certificate in advanced digital reporting from the Google News Initiative. He can be reached via adekunle.dada@corp.legit.ng.