Independence Day: Nigeria Is Moving From Reform To Prosperity, Tinubu Assures Nigerians
Tinubu said reforms have lifted growth above 4% and cut inflation, while foreign reserves were rebuilt and non-oil exports topped $6 billion.
- On Thursday, President Bola Tinubu declared Nigeria has "corrected its course" during his 66th Independence Day address, citing over 4% economic growth this year.
- Tinubu defended reforms introduced since May 2023, including fuel subsidy removal, comparing Nigeria's economic condition to a cancer patient requiring painful but necessary treatment.
- Data shows 2025 non-oil exports exceeded $6 billion, a record high, while the Nigerian Education Loan Fund has provided interest-free loans to over 1.4 million students across 356 institutions since 2024.
- The administration plans to leverage gas resources and Credit Corporation to foster economic growth, placing jobs, enterprise, and industrial growth at the heart of governance.
- Former Minister Solomon Dalung and African Democratic Congress chieftain Dele Momodu dismissed the speech as "rhetorical" and "disappointing," arguing economic statistics fail to address persistent insecurity and hardship.
45 Articles
45 Articles
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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.
Poor Nigerians suffering from decades of low productivity, not my reforms
President Bola Tinubu has said the hardship facing millions of Nigerians is not a consequence of his administration’s economic reforms, but the result of decades of low productivity, inadequate infrastructure and limited opportunities. Tinubu stated this in his speech marking Nigeria’s Independence Day remembrance on Thursday. The President acknowledged that millions of Nigerians were still struggling […] Poor Nigerians suffering from decades of…
Independence Day: Nigeria was like cancer patient on morphine, until we came
President Bola Ahmed Tinubu has likened Nigeria’s economic situation before his administration to that of a cancer patient on morphine, saying successive governments treated the symptoms of the country’s problems while allowing the underlying challenges to worsen. Tinubu stated this in his 66th Independence Day address to Nigerians, where he defended the economic reforms introduced […]
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