TINUBU AT TWO: Security Stabilises, Economy Bounces Back as President Marks Midterm Milestone

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By; Abdullahi Inuwa 

President Bola Ahmed Tinubu, in a bold midterm address commemorating his two years in office, declared that Nigeria is firmly on the path of economic revival and improved national security under his Renewed Hope Agenda.

Speaking on May 29, 2025, the President highlighted sweeping gains, stating: “Two years ago, you entrusted me with the sacred responsibility to lead our nation at a time of historic challenges... I proudly affirm that our economic reforms are working. We are building a greater, more economically stable nation.”

Economic Rebound: From Fiscal Cliff to Resilience

One of the most staggering revelations was the transformation of Nigeria’s foreign reserves—from a meager $4 billion in 2023 to over $23 billion by the end of 2024, a near 500% jump. Tinubu linked this growth to decisive policy moves, including the removal of fuel subsidies and unification of foreign exchange rates.

“The only alternative was a fiscal cliff: runaway inflation, external debt default, fuel shortages, and a plunging naira. We chose bold reforms, and today, we see undeniable progress,” he asserted.

Inflation, once rampant, has begun to ease. Rice and staple food prices are declining, and the oil and gas sector is rebounding with over $8 billion in new investments. Rig counts have surged by 400%, and fuel supply security is improving through local refining.

In the first quarter of 2025 alone, government revenue topped ₦6 trillion, with the tax-to-GDP ratio rising to 13.5%, up from 10%—the biggest leap in years. States also saw over ₦6 trillion in increased revenue, enabling improved salary payments, infrastructure development, and debt reduction.

Debt Down, Confidence Up

President Tinubu confirmed that Nigeria’s debt service-to-revenue ratio dropped significantly—from nearly 100% in 2022 to below 40% in 2024. “We paid off our IMF obligations and discontinued Ways and Means financing. Today, the NNPC is a net contributor to the Federation Account,” he noted.

Security: From Fear to Fortitude

On the security front, Tinubu celebrated key victories, particularly in the North-West, where he said “gallant armed forces have restored order, reducing and eliminating threats to lives and livelihoods.”

Farmers are back on their land, previously unsafe highways have reopened, and several abducted citizens have been rescued. The President hailed security agencies’ improved collaboration, intelligence, and morale.

People-Centered Reforms: Health, Youth, and Education

Health care, long plagued by underfunding, is seeing a revival: over 1,000 PHCs revitalised, 5,500 more under upgrade, and six new cancer treatment centres underway. Free dialysis services are now available in pilot hospitals, and over 4,000 women have benefited from free cesarean sections.

Education has expanded through infrastructure investment and a new student loan scheme, while youth empowerment initiatives are creating access to funding, jobs, and digital opportunities.

At NASENI, the President spotlighted strides in tech, from electric vehicle assembly to Africa’s most advanced Rapid Diagnostic Kit Factory, with the Innovate Naija and Irrigate Nigeria initiatives generating real industrial jobs.

Infrastructure and Energy: Roads, Rails, and Renewables

Under Tinubu’s watch, Nigeria has seen massive road construction and rehabilitation across all regions—from the Second Niger Bridge to the Lagos-Calabar Coastal Highway. Power generation is also seeing improvements via upgrades to the national grid and off-grid solar expansion.

Looking Ahead: A Renewed Nation on the Rise

President Tinubu reaffirmed his administration’s vision of a prosperous Nigeria anchored on fairness, accountability, and inclusive growth.

“Today, real GDP is up by 3.4% in 2024, with 4.6% growth in Q4 alone—our strongest in a decade. The journey of renewal is well underway. We’re laying a strong foundation where no one is left behind,” he declared.

With confidence, he concluded: “We are creating a Nigeria that works for all—strong, secure, and filled with hope.”

Related Headlines:

  • Fuel Subsidy Gone, Confidence Rises: Tinubu’s Two-Year Economic Miracle
  • Security Turns a Corner: Tinubu Says Farmers Are Back, Roads Reopened
  • $23 Billion in Reserves, N6 Trillion in Q1 Revenue – Tinubu Touts Fiscal Stability

Would you like a Hausa version or a headline in a different tone (e.g. dramatic, humorous, or youth-oriented)?

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