President Tinubu
Two Years of Renewed Hope: Tinubu Highlights Economic Gains, Security Progress in Mid-Term Address
President Bola Tinubu has said his administration has achieved tangible progress in all fronts, especially economic, health, education and others.
President Tinubu, who spoke in a speech on May 29, 2025, to mark his second anniversary, tied his achievements to “hard-won reforms that have steered Nigeria away from fiscal collapse and toward sustainable growth.”
He said, “As we mark the second anniversary of our administration, I salute your resilience and unwavering faith in our collective vision for a greater Nigeria.
“When you entrusted me with leadership in 2023, our nation faced historic economic and security challenges. Today, I stand before you to report tangible progress—hard-won reforms that have steered Nigeria away from fiscal collapse and toward sustainable growth.”
According to him, the administration’s removal of fuel subsidies and unification of exchange rates were painful but necessary decisions to rescue our economy from strangulation.
He said these measures, though initially difficult, have yielded results, including:
– Inflation is easing, with food prices declining
– Oil production has surged by 400%, attracting $8bn in new investments
– Our debt service-to-revenue ratio dropped from 100% (2022) to 40% (2024)
– External reserves grew from $4bn to $23bn within a year
– Tax reforms raised revenue without burdening the poor—essential goods now carry 0% VAT
He said, “Our security forces have reclaimed bandit strongholds in the Northwest, making farms and highways safer. While challenges remain, we’ve intensified intelligence operations and improved welfare for security personnel. Every Nigerian deserves to live without fear—this remains our sacred commitment.”
From healthcare to education, he said “we’re investing in our people,”and highlighted other achievements of the administration:
– Upgrading 6,500 Primary Health Centers and establishing cancer treatment facilities
– Expanding health insurance to 20 million Nigerians
– Student loans now enabling access to tertiary education
– NASENI’s tech hubs creating jobs in renewable energy, electric.
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