By Emeka Amaefula
HON. SOLA OLOFIN EMERGES AS CHAIRMAN, NSITF MANAGEMENT BOARD AND NATIONAL CONVENER, BOLA AHMED TINUBU’S VANGUARD (BAT VANGUARD)
The Bola Ahmed Tinubu Vanguard (BAT Vanguard), a grassroots pro-Tinubu support group, has congratulated Hon. Sola Olofin on his emergence as Chairman of the Management Board of the National Social Insurance Trust Fund (NSITF) and National Convener of the group.
In the same statement issued on Wednesday ,22nd of April 2026, BAT Vanguard commended President Bola Ahmed Tinubu for what it described as encouraging economic projections showing Nigeria’s economy growing faster than several advanced economies, according to the latest International Monetary Fund (IMF) World Economic Outlook released in April 2026.
The IMF report projects Nigeria’s economy to expand by 4.1% in 2026, a rate higher than that of the United States (2.3%), United Kingdom (0.8%), Germany (0.8%), and South Africa (1.0%). It further projects a 4.3% growth for Nigeria in 2027, positioning the country among stronger performers in Sub-Saharan Africa, with the regional average estimated at 4.3% for 2026.
BAT Vanguard noted that while advanced economies are expected to record modest growth levels, emerging and developing economies, including Nigeria, are projected to drive global expansion. It highlighted that Nigeria’s growth outlook remains stronger than South Africa’s and above the regional average, reflecting improving macroeconomic conditions.
The group attributed the positive outlook to ongoing reforms under President Tinubu’s administration, stating that international institutions including the IMF, World Bank, and African Development Bank have continued to acknowledge policy efforts aimed at stabilizing and repositioning the economy. It added that key sectors such as manufacturing, agriculture, and technology are witnessing renewed activity, contributing to job creation, productivity gains, and improved investor confidence, with foreign direct investment inflows reportedly increasing.
BAT Vanguard, however, expressed concern that many Nigerians may not yet fully appreciate the scale of ongoing economic changes and reforms, urging greater public awareness of government policies and their long-term impact on national development.
The group further appealed to Nigerians to support continuity in governance, calling for broad political backing ahead of the 2027 elections, arguing that sustained reforms would strengthen economic recovery and national prosperity.
The statement was signed by Hon. Sola Olofin, National Convener of BAT Vanguard who is also the Chairman of the NSITF Management Board, alongside Hon. Dare Balogun, National Publicity Secretary of the group.
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