Bola Ahmed Tinubu” border=”0″ />
In a hopeful address to the nation, President Bola Ahmed Tinubu revealed that tranquility is gradually being restored across numerous communities that were once plagued by insecurity in Nigeria’s North-West and North-East zones.
“Peace has been reestablished in many of our freed communities in the North-West and North-East, allowing thousands of citizens to safely return to their homes,” the President affirmed, highlighting the strides made in combating terrorism and criminal banditry.
Key economic milestones highlighted by President Tinubu during his Independence Day speech include:
- Unprecedented growth in non-oil revenue streams.
- Improved fiscal stability, evidenced by a lower debt service-to-revenue ratio.
- Enhanced foreign exchange reserves alongside a higher tax-to-GDP ratio.
- Boosted export activities contributing to currency appreciation and employment opportunities.
- Oil production increased to 1.6 million barrels per day, complemented by advancements in domestic refining capacity.
- A social investment initiative worth ₦330 billion aimed at supporting impoverished households.
- Revitalization of coal mining operations.
- Development and expansion of transportation infrastructure, including railways, roads, airports, and seaports.
- Upgraded sovereign credit rating fueled by a surge in the oil stock market.
- The Central Bank of Nigeria’s decision to reduce interest rates for the first time in five years.
“Peace has been restored to numerous liberated communities in the North-West and North-East, with thousands returning safely to their homes.”
– President Tinubu pic.twitter.com/9u6VnN1KzR
– Imran Muhammad (@Imranmuhdz) October 1, 2025