“Nigeria @ 65: The Worst Is Over, Hope Rising” — Tinubu!
Reported by Marian opeyemi Fasesan
Abuja — In his address commemorating Nigeria’s 65th Independence Day, President Bola Tinubu declared that the country’s toughest days are now behind it. He asserted that his administration’s bold reforms are producing positive outcomes, and urged Nigerians to embrace renewed hope and unity. [1]
Progress & Claims from Tinubu’s Speech
- Tinubu affirmed: “We have finally turned the corner. The worst is over.” [1]
- He highlighted Q2 2025 GDP growth of 4.23%, reportedly the fastest in four years, and cited inflation dropping to 20.12%, a three‑year low. [2]
- He pointed to five consecutive quarters of trade surpluses, a rebound in oil production to 1.68 million barrels per day, and external reserves rising to $42.03 billion as evidence of economic recovery. [2]
- As part of his social intervention, Tinubu said ₦330 billion had been distributed to 8 million vulnerable households under his administration’s cash transfer programme. [2] Observations & Reactions
- While Tinubu’s tone was optimistic, many critics and observers caution that structural challenges remain, especially given Nigeria’s high poverty rates and inflationary pressures. [2]
- Some have questioned transparency in the aid disbursement, and whether the “turning the corner” narrative aligns with the lived realities of many Nigerians. [2]
- The IMF recently flagged that inflation and poverty remain stubbornly high, and warned that deeper reforms are needed to sustain recovery. [2]
Citations:
- The Guardian Nigeria: guardian.ng/news/nigeria-at-65-tinubu-hails-reforms-says-worst-over-urges-unity-optimism/?utm_source=chatgpt.com
- Reuters: www.reuters.com/world/africa/nigerias-president-says-worst-is-over-independence-day-amid-worsening-hardship-2025-10-01/?utm_source=chatgpt.com
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