Independence Day: Nigeria Is Moving From Reform To Prosperity, Tinubu Assures Nigerians
Tinubu said reforms have lifted growth above 4% and rebuilt reserves, while foreign direct investment continues to rise, officials said.
- On Thursday, October 1, 2026, President Bola Tinubu delivered his 66th Independence Day address, declaring that Nigeria has "corrected its course" and passed through its "own Red Sea" after three years of economic reform.
- Defending his administration's tough measures, Tinubu compared Nigeria to a cancer patient, stating predecessors chose "morphine" to dull pain rather than "excising the cancer" to reposition the economy for sustainable growth.
- Tinubu touted economic growth of over 4% this year, with non-oil exports in 2025 exceeding $6 billion; he also cited rebuilt foreign reserves and reduced oil theft as evidence of stability.
- While the administration highlighted NELFUND supporting more than 1.4 million students across 356 tertiary institutions, former minister Solomon Dalung denounced the speech as "empty" and "rhetorical," claiming reforms placed the economy in a "coma."
- The President pledged to prioritize jobs, enterprise, and industrial growth to transition into an "age of prosperity," aiming to build an economy that creates productive opportunities and lifts citizens out of poverty.
47 Articles
47 Articles
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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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