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Independence Day: Nigeria Is Moving From Reform To Prosperity, Tinubu Assures Nigerians
Tinubu said reforms have lifted growth above 4%, cut inflation and rebuilt reserves as foreign direct investment rises and non-oil exports top $6 billion.
On Thursday, President Bola Tinubu marked Nigeria's 66th Independence Anniversary, asserting that his administration's economic reforms have successfully repaired the nation's foundation and begun lifting growth.
Tinubu argued that tough reforms implemented over three years were necessary to address decades of low productivity and structural distortions, not the source of current hardships facing Nigerians.
Economic indicators show Nigeria's economy grew over 4 per cent this year with non-oil exports exceeding $6 billion in 2025, while the President noted inflation has fallen "substantially."
Despite economic growth, millions of Nigerians still struggle to afford food, school fees, and medical care, though the administration aims to build an economy lifting people from poverty.
The administration aims to build a Nigeria of shared prosperity by prioritizing jobs, enterprise, and industrial growth, positioning the nation as a giant in Africa.