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Tinubu Pledges ‘Hope and Action’ in Independence Day Speech, Says Economic Reforms Paying Off
President Bola Ahmed Tinubu marked Nigeria’s 65th Independence Day on Wednesday with a message of “hope and a call to action,” saying his economic reforms are beginning to deliver results after more than two years of tough adjustments.....KINDLY READ THE FULL STORY HERE▶
In a 30-minute national broadcast, the longest since he assumed office in May 2023, Tinubu said his administration chose “the path of tomorrow over the comfort of today” by ending fuel subsidies, unifying exchange rates, and redirecting funds toward infrastructure, education, health care, and security.
“The worst is over,” Tinubu told Nigerians. “Yesterday’s pains are giving way to relief. I salute your endurance, support, and understanding.”
Economic milestones
The president listed 12 economic milestones achieved under his administration, including record non-oil revenue of more than 20 trillion naira in 2025, rising foreign reserves of $42 billion, and a trade surplus for five straight quarters.
He said inflation had dropped to 20.12% in August, the lowest in three years, while gross domestic product grew by 4.23% in the second quarter — the fastest pace in four years.
Tinubu also highlighted improved oil production, increased tax revenue, and a rebound in solid minerals such as coal mining. He said Nigeria is exporting more manufactured goods and refining petroleum products domestically for the first time in four decades.
“The seeds of those difficult but necessary decisions are bearing fruit,” Tinubu said, adding that the naira has stabilized after years of volatility.
Investments in people
The president stressed that reforms must translate into better living conditions, not just statistics. He pointed to 330 billion naira disbursed to eight million vulnerable households, loans for students through the new NELFUND program, and consumer credit for youth corps members.
“Youth are the future and the greatest assets of this blessed country,” he said. “Our administration will continue to give you wings to fly.”
He noted that over 510,000 students have already accessed education loans worth nearly 100 billion naira, while 153,000 Nigerians received 30 billion naira in affordable loans for vehicles, solar energy, and home upgrades.
Security challenges
On security, Tinubu praised the military for gains against insurgents and armed groups across the country, saying peace had returned to many communities in the northeast and northwest.
“Our armed forces are winning the war against terrorism, banditry, and other violent crimes,” he said. “We must continue to celebrate their gallantry and salute their courage on behalf of a grateful nation.”
A call to productivity
Tinubu urged Nigerians to support local production and reduce dependence on imports, describing it as the only path to a self-reliant nation.
“Let us be a nation of producers, not just consumers,” he said. “Let us farm our land and build factories to process our produce. Let us patronize ‘Made-in-Nigeria’ goods. I say Nigeria first.”
The president acknowledged that reforms had caused hardship, with rising living costs and inflation still a burden for many families. But he insisted the alternative — “economic chaos or bankruptcy” — was not an option.
“The accurate measure of our success will not be limited to economic statistics alone, but rather in the food on our families’ tables, the quality of education our children receive, the electricity in our homes, and the security in our communities,” he said.
Looking forward
Tinubu ended his address with optimism, urging state and local governments to join the federal government in pushing for growth and stability.
“On this 65th Anniversary of Our Independence, my message is hope and a call to action,” he said. “With Almighty God on our side, I can assure you that the dawn of a new, prosperous, self-reliant Nigeria is here.”
Nigeria, Africa’s most populous nation and its largest economy, continues to face pressure from high unemployment, weak infrastructure, and security threats. But Tinubu framed the anniversary as a moment to rally the country behind his vision of reform-driven growth.
“Let us believe, once more, in the boundless potential of our great nation,” he said.
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