Independence Day: Nigeria Is Moving From Reform To Prosperity, Tinubu Assures Nigerians
Tinubu said the reforms have lifted growth above 4% this year, while inflation has fallen and foreign investment is rising.
- On Thursday, October 1, 2026, President Bola Tinubu declared Nigeria has "corrected its course" during his 66th Independence Day address, citing over 4% economic growth this year and a shift toward national prosperity.
- Defending his administration's tough 2023 reforms, including the fuel subsidy removal, Tinubu compared Nigeria to a cancer patient, stating his government chose to "excise the cancer" rather than rely on addictive subsidies.
- Supporting this outlook, Tinubu noted 2025 non-oil export revenue exceeded $6 billion, while the Nigerian Education Loan Fund has provided interest-free loans to more than 1.4 million students across 356 tertiary institutions since 2024.
- Critics including former Minister Solomon Dalung and ADC chieftain Dele Momodu dismissed the speech as "empty" and "rhetorical," arguing the president ignored severe hardships and claiming reforms placed the economy in a "coma."
- Tinubu urged Nigerians to move forward with faith, describing a "Promised Land" of shared prosperity where the government prioritizes industrial growth, gas-powered industries, and infrastructure to ensure long-term stability.
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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