The Oluwo of Iwo, Oba Abdulrosheed Akanbi, has said some Nigerians may push for a constitutional amendment to allow President Bola Tinubu to remain in office beyond the two-term limit.
In a statement released on Sunday, the 29th of March, 2026, by his spokesperson, Ibrahim Alli, to mark Tinubu’s 74th birthday, the monarch described the President as a decisive leader who has set a new direction for the country.
“Many Nigerians may call for a constitutional review to enable Tinubu to serve more than two terms in office. He is a leader who knows what he is doing,” he said.
The traditional ruler said Tinubu has shown strong leadership through actions targeting illegal activities that have affected economic growth.
He pointed to improvements in the naira, an increase in foreign reserves from about $1bn to between $49.5bn and $50.45bn as of late February/March 2026, and better economic indicators.
He linked these developments to reforms such as exchange rate unification, higher oil production, and increased foreign investment.
The monarch also praised the President for introducing local government autonomy, raising allocations to states, expanding road projects, and improving palliative distribution at the grassroots.
He said previous leaders made similar reform attempts but were unable to sustain them due to pressure.
He added that firm leadership is required to implement difficult decisions that can reposition the economy.
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He said, “You are not yet a capable leader until you take decisions and stand by them. Many past presidents attempted to remove obstacles to economic prosperity but were overrun by public outcries. Tinubu has demonstrated uncommon leadership through reforms.
“Nigeria’s foreign reserves have increased to over $49.5bn from about $1bn. Local government autonomy is taking effect, states earn more, and road projects, including the Lagos-Calabar Coastal Road and the Sokoto-Badagry Road, are ongoing.”
Tinubu marked his 74th birthday on Sunday, the 29th of March with a low-key event, reflecting the current national mood and economic challenges.
Since taking office on the 29th of May, 2023, his administration has carried out major reforms, including the removal of fuel subsidy and the unification of the foreign exchange system, which the government says are aimed at stabilising the economy and attracting investment.
The 1999 Constitution (as amended) sets a two-term limit of four years each for presidents, meaning any extension would require approval through a constitutional amendment by the National Assembly and state legislatures.