President Bola Ahmed Tinubu has outlined 12 key economic milestones achieved under his administration, declaring that Nigeria has turned the corner towards stability and growth. Speaking during his Independence Day broadcast yesterday, the President expressed confidence in the country’s socio-economic reforms, stressing that “the worst is over.”
He praised Nigerians for their resilience, endurance and support, assuring them that the temporary pains of reforms will give way to sustainable relief and prosperity. According to the President, his administration has remained committed to the “unfinished business of nation-building” since May 2023.
The 12 Economic Milestones
Tinubu highlighted the following achievements as results of sound fiscal and monetary reforms:
- Record-breaking increase in non-oil revenue.
- Restoration of fiscal health with a reduced debt service-to-revenue ratio.
- Stronger foreign reserves and increased tax-to-GDP ratio.
- Boost in exports, strengthening the naira and creating jobs.
- Increased crude oil production to 1.6 million barrels per day, alongside domestic refining.
- N330 billion social investment programme for poor households.
- Rise in coal mining activities.
- Expansion of rail, road, air and sea transport infrastructure.
- Improved sovereign credit rating linked to oil market recovery.
- A cut in interest rates for the first time in five years by the Central Bank of Nigeria (CBN).
- Growth in agricultural productivity to reduce food costs.
- Expansion of student loan access under NELFUND, with over 510,000 beneficiaries across 228 higher institutions.
The President noted that GDP grew by 4.23 percent in Q2 2025, surpassing IMF’s 3.4 percent projection, while inflation dropped to 20.12 percent in August — the lowest in three years.
Security and Nation-Building
Tinubu emphasized the connection between security and economic growth, commending the armed forces for their sacrifices in fighting terrorism, banditry and separatist threats. He said peace has returned to many communities in the Northeast and Northwest, with displaced people returning to their homes.
Calling for unity and patriotism, Tinubu urged citizens to embrace productivity, innovation and enterprise. He also encouraged sub-national governments to align with the federal vision, while stressing the importance of patronising made-in-Nigeria goods.
A Message to the Youth
Addressing Nigerian youths, Tinubu described them as the nation’s greatest asset, urging them to “dream big, innovate and conquer more territories.” He assured continued government support in education, technology, sports and the creative industry.
He concluded his broadcast with a rallying call: “Let all hands be on deck. Let us believe, once more, in the boundless potential of our great nation.”
Stay tuned to 9am News Nigeria for more Breaking News, Business News, Sports updates And Entertainment Gists.
