Nigeria: Bringing Down Cost of Living Is Our Priority
Tinubu said reforms will cut production and transport costs as the government expands roads, rail, ports and support for poor households.
- On Thursday, President Bola Tinubu delivered his 66th Independence Day address, declaring the era of economic reform concluded. The Federal Government now prioritizes reducing living costs by cutting production and transportation expenses.
- The President acknowledged current hardships, noting they accumulated over decades of infrastructure and opportunity failures. Tinubu stated these challenges could not be erased in four years of his administration.
- Programs like NELFUND and CREDICORP strengthen direct support for vulnerable Nigerians, improving the National Social Register and expanding consumer credit access for vehicles, solar systems, and digital devices.
- Tinubu admitted the current target remains to "manage poverty," framing these programs as bridges toward long-term prosperity. He emphasized that lasting progress requires sustained growth and millions of productive opportunities across Nigeria.
- The President stated Nigeria has passed through its "Red Sea" and is now heading toward a "Promised Land" of abundance. He urged citizens to maintain faith in the country's corrected course.
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Nigeria: Bringing Down Cost of Living Is Our Priority
President Bola Ahmed Tinubu has declared that bringing down the cost of living remains the priority of his administration, saying the government will achieve this by reducing the cost of producing and moving goods and services across the country.
Independence Day: Nigeria's situation was darker than ever by 2023
ABUJA — President Bola Ahmed Tinubu has said Nigeria’s economic situation was “darker than ever” by 2023, with rising poverty and dwindling hope forcing his administration to embark on difficult economic reforms. Tinubu stated this in his Independence Day address to Nigerians on Thursday, marking the country’s 66th anniversary of independence. The President said successive […]
Nigeria at 66: Our priority is to bring down the cost of living – Tinubu
In his Independence Day address on Thursday, President Bola Tinubu declared that lowering the cost of living is a top priority for his administration as Nigeria enters a new era of prosperity. To achieve this, he stated that the government will focus specifically on driving down the production and transportation costs of daily goods for […]
President Bola Tinubu's Independence Day Broadcast To The Nation
President Bola Tinubu’s Independence Day broadcast to the nation FROM REFORM TO PROSPERITY: INDEPENDENCE DAY ADDRESS TO THE NATION BY HIS EXCELLENCY, PRESIDENT BOLA AHMED TINUBU, GCFR, 1ST OCTOBER 2026 My fellow Nigerians,… News Agency of Nigeria
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