President Bola Tinubu has noted that his reforms have restored investor confidence in the Nigerian economy, marked by growing investments in sectors as diverse as agriculture, energy, manufacturing, technology, mining, transportation and the creative industries.
In a nationwide Democracy Day broadcast on Friday, he said the reforms pursued by the current administration since its inauguration have restored stability and credibility to economic management.
“Federation revenues have risen, providing states and local governments with more resources for infrastructure, education, healthcare, and security,” the president said in his address.
“Fiscal transparency has improved, leakage has been reduced, and public funds are better directed to national priorities,” he added.
The president said upon his assumption of office in May 2023, he implemented an array of reforms aimed at speeding up economic growth and attracting international investors. These include the abolishing of petrol subsidies and unifying the foreign exchange market by collapsing multiple, segmented exchange rate windows.
On security, he threatened bandits, kidnappers and sponsors of terrorism, declaring that those who continue to destabilise Nigeria’s peace and security will face the full force of the law.
“To bandits, kidnappers, and sponsors of terror: Surrender or face the full force of the Nigerian State,” President Tinubu declared.
“These windows of surrender will not remain open forever. No mercy will be shown to those who trade in the blood of Nigerians,” he added.
His comments come amid recurring debates over the identity of criminal groups and concerns that insecurity could deepen ethnic divisions in the country.
President Tinubu urged Nigerians to unite against a common enemy.
“We must stand united and be assured that the enemies of our nation shall soon be history,” he declared.
The President expressed confidence that Nigeria would ultimately overcome its security challenges and emerge stronger.
“We will triumph over terror and continue to build a more prosperous nation,” he said.
He urged Nigerians to reject pessimism and embrace a shared vision of progress.
“Let us move forward together—rejecting division, cynicism, and despair; embracing unity, hope, and confidence,” Tinubu said.
“Let us build a Nigeria united by a common purpose, strengthened by diversity, where justice is accessible, liberty is secure, and opportunity is abundant.”
