President Tinubu Gives Account Of Stewardship, says worst, Is over
President Bola Ahmed Tinubu has declared that Nigeria has made “undeniable progress” under his leadership as he marked the second anniversary of his administration on May 29th, 2025.
In a nationwide statement, the President highlighted major economic reforms, including the removal of fuel subsidies and foreign exchange liberalisation, saying both were crucial to saving the nation from economic collapse.
He noted that inflation is easing, food prices are stabilising, and the economy is growing again—with real GDP up 3.4% in 2024. Nigeria’s external reserves also grew fivefold, while IMF debts were fully repaid.
On taxation, President Tinubu announced a jump in the tax-to-GDP ratio from 10% to 13.5% and reaffirmed policies to shield low-income Nigerians by exempting essentials like food, rent, and healthcare from VAT.
In security, he praised the armed forces for reclaiming territories and restoring farming and safe travel in areas once controlled by bandits.
On healthcare and education, Tinubu listed the revitalisation of over 1,000 primary health centres, the launch of student loans, and bold investments in youth empowerment and digital innovation.
He also confirmed preparations for the upcoming Motherland Festival, a celebration of Nigeria’s heritage and unity with the African diaspora.
Concluding his message, President Tinubu assured Nigerians that the worst is over, urging continued unity and optimism as his administration works to build a “stronger, more inclusive Nigeria.”
