Abuja – President Bola Tinubu has told Nigerians that the country has turned a corner, with economic reforms now yielding positive results.
Delivering a nationwide broadcast on Wednesday during celebrations of Nigeria’s 65th Independence Day, Tinubu said his administration had put in place measures to stabilise the economy after a difficult period.
“Our administration is setting things right. I am pleased to report that we have finally turned the corner. The worst is over, I say,” he announced.
He commended citizens for their patience and resilience during the reforms, saying past hardships were beginning to give way to relief. Tinubu pledged to continue working to justify the confidence Nigerians placed in his leadership.
According to the President, the economy recorded a 4.23 percent growth in the second quarter of 2025, the country’s strongest pace in four years and above the International Monetary Fund’s projection of 3.4 percent. Inflation, he noted, had slowed to 20.12 percent in August, its lowest rate in three years.
He said his administration was focusing on food security, boosting agricultural production and cutting the cost of food. Tinubu further stated that 12 major economic milestones had been achieved in the past two years through fiscal and monetary reforms.
Addressing the future, he urged Nigerians to embrace productivity, innovation and enterprise, pointing to improvements in services such as passport processing as an example of efficiency. He called on state governments to work with the federal administration in building industries, farming the land and supporting local production.
“Let us be a nation of producers, not just consumers. Let us farm our land and build factories to process our produce. Let us patronise Made-in-Nigeria goods. I say Nigeria first,” Tinubu declared.
He ended his speech with a call for unity and faith in the country’s potential, assuring citizens that a new era of prosperity and self-reliance was within reach.
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