Tinubu’s Welfare Programmes Reflect Democratic Socialism, Not Capitalism — Atoyebi

President Bola Tinubu’s governance philosophy aligns more closely with democratic socialism than core capitalism, convener of the Bola Ahmed Tinubu Ideological Group (BAT-IG), Bamidele Atoyebi, has said.
 
He cited a range of welfare, housing, education, healthcare and labour-focused policies introduced by the administration.
 
Atoyebi made the assertion in a detailed policy analysis, where he challenged the widespread perception that the Tinubu’s administration was driven solely by capitalist principles because of reforms such as the removal of fuel subsidy and the unification of the foreign exchange market.
 
He maintained that while the administration has embraced market-or...