President Bola Ahmed Tinubu has assured Nigerians that the country is gradually recovering from economic and structural challenges following major reforms introduced by his administration over the past three years.
In a nationwide address marking the third anniversary of his administration, President Tinubu said difficult decisions such as the removal of fuel subsidy and unification of the foreign exchange system were necessary to prevent fiscal collapse and restore economic stability.
The President stated that Nigeria’s economy is showing signs of recovery, citing increased investor confidence, growth in the stock market, ongoing road and rail projects, renewed investments in the oil and gas sector, and improvements in local refining capacity.
He also highlighted interventions in agriculture, housing, education, healthcare, telecommunications, and youth empowerment, noting that millions of farmers and students have benefited from government programmes, including the Nigerian Education Loan Fund.
On security, President Tinubu said military and security agencies have intensified operations against terrorism, banditry, kidnapping, and oil theft, adding that the government remains committed to ensuring the safety of lives and property nationwide.
The President acknowledged the hardship experienced by many Nigerians as a result of the reforms but maintained that the sacrifices are yielding results. He called on citizens to remain united, hopeful, and committed to national development.
President Tinubu reaffirmed his administration’s commitment to building a secure, inclusive, and prosperous Nigeria.