President Bola Ahmed Tinubu says Nigeria’s economic reforms are beginning to yield results. He made this known in a nationwide address to mark his administration’s second anniversary on May 29, 2025.
He noted that scrapping fuel subsidies and unifying exchange rates were tough but necessary decisions. According to him, the moves have stabilised the economy, attracted over $8 billion in new oil sector investments, and grown external reserves to $23 billion.
On security, Tinubu praised the military and security agencies for restoring order in parts of the Northwest. He said improved collaboration among agencies has made highways safer and reduced attacks on farmers and travellers.
The President admitted Nigerians are facing tough times but urged patience. He promised that ongoing reforms would ease the burden and build a more prosperous and secure future for the country.
