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Nigeria At 65 - a Long Road to Economic Freedom

President Tinubu outlined economic growth with 4.23% GDP rise in Q2 2025 and security gains including arrests of key terrorist leaders, while acknowledging ongoing challenges.

  • On Wednesday, President Bola Ahmed Tinubu declared `the dawn of a new Nigeria is here`, asserting the country has turned the corner after inheriting a near-collapsed economy.
  • After decades of stalled blueprints, including Vision 2010, Vision 20:2020, the Seven-Point Agenda, and the Economic Recovery and Growth Plan , Tinubu said he inherited a near-collapsed economy with reforms causing temporary pains like high inflation and rising living costs.
  • Official figures show GDP grew by 4.23%, inflation declined to 20.12% in August 2025, and N20 trillion in non-oil revenue was realized by August, with a 7.46 trillion trade surplus.
  • Security officials reported the August arrests of Ansaru leaders Mahmud Muhammad Usman and Mahmud al-Nigeri, a strategic win analysts warned may trigger retaliation after Nigeria’s long fight with terrorists.
  • Despite progress, one in two Nigerians faces multidimensional poverty amid 40.7% food inflation, 1,047 maternal deaths per 100,000 live births, and about 85 million lacking grid electricity; Tinubu urged local production and backed NELFUND student loans for 510,000 students.
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The Conversation broke the news in on Tuesday, September 30, 2025.
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