Independence Day: Nigeria Is Moving From Reform To Prosperity, Tinubu Assures Nigerians
Tinubu said inflation has fallen and foreign reserves have been rebuilt as reforms helped Nigeria post growth above 4%, he said.
- On Thursday, President Bola Tinubu declared Nigeria's "age of reform" has ended, beginning an "age of prosperity" during his 66th Independence Anniversary address, stating the country has passed through its "Red Sea."
- Tinubu defended the administration's tough policies by comparing the economy to a sick patient requiring surgery, citing economic growth exceeding 4% this year and non-oil export revenue surpassing $6 billion.
- The Nigerian Education Loan Fund has supported more than 1.4 million students across 356 tertiary institutions since 2024, while CREDICORP provides consumer credit enabling Nigerians to acquire essential assets without years of savings.
- Former Minister of Youth and Sports Solomon Dalung criticized the address as "empty" and "disappointing," while ADC chieftain Dele Momodu said the speech turned Independence Day into a day of "lamentation."
- Acknowledging that some Nigerian families still struggle with basic needs, Tinubu emphasized placing jobs and industrial growth at the heart of government policy to build an economy lifting people from poverty.
44 Articles
44 Articles
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.
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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