- President Bola Tinubu has assured Nigerians that 2025 will bring brighter days, despite the challenges faced in 2024.
- The president cited positive economic indicators, including decreased fuel prices, foreign trade surpluses, and a strengthened naira.
- Tinubu promised to address the high cost of food and essential drugs, and to reduce inflation from 34.6% to 15%.
President Bola Tinubu has expressed optimism that 2025 will be a year of great promise for Nigerians, despite the challenges faced in 2024. In his New Year message, the president assured citizens that his government would fulfill their collective desires and work towards building a brighter future ¹.
Tinubu cited several positive economic indicators, including decreased fuel prices, foreign trade surpluses in three consecutive quarters, and a strengthened naira. He also highlighted the stock market’s record growth, which has generated trillions of naira in wealth, and the surge in foreign investment, which reflects renewed confidence in the economy.
However, the president acknowledged that the high cost of food and essential drugs remains a significant concern for many Nigerian households. He promised to intensify efforts to lower these costs by boosting food production and promoting local manufacturing of essential drugs and other medical supplies.
Tinubu also pledged to reduce inflation from its current high rate of 34.6% to 15%. With diligent work and God’s help, he expressed confidence that his government would achieve this goal and provide relief to all Nigerians.
