Tinubu Predicts Brighter Days for Nigerians in 2025
President Bola Tinubu has assured Nigerians that the year 2025 will usher in brighter days for the nation. Delivering his New Year message on Wednesday, the president expressed confidence in his administration’s ability to meet the aspirations of the Nigerian people.
Reflecting on the challenges of 2024, Tinubu said the coming year would build on the progress made, highlighting promising economic indicators.
“Economic trends point to a positive and encouraging outlook for our nation,” he said. “Fuel prices have gradually decreased, and we recorded foreign trade surpluses for three consecutive quarters. Foreign reserves have increased, and the naira has strengthened against the US dollar, providing greater stability. Furthermore, the stock market’s record growth has generated trillions of naira in wealth, and a surge in foreign investment reflects renewed confidence in our economy.”
Despite these achievements, the president acknowledged the persistent challenges of high food and essential drug costs, which he described as a significant burden for many households. Tinubu pledged intensified efforts to boost food production and promote local manufacturing of essential medical supplies.
He also committed to tackling inflation, aiming to reduce the rate from its current 34.6% to 15%. “With diligent work and God’s help, we will achieve this goal and provide relief to all Nigerians,” he assured.
Tinubu announced plans to enhance access to credit, particularly for individuals and critical economic sectors, through the establishment of the National Credit Guarantee Company. The initiative, expected to launch by mid-2025, will involve government institutions like the Bank of Industry, Nigerian Sovereign Investment Agency, and Ministry of Finance Incorporated, alongside private sector and multilateral organizations.
“This initiative will strengthen the financial system, expand credit access, and support underserved groups, including women and youth, driving growth, re-industrialization, and improved living standards,” Tinubu said.
Expressing gratitude for the trust placed in him as president, Tinubu reiterated his commitment to fostering sustainable growth and prosperity. He called for unity and collaboration as Nigeria pursues its ambitious goal of achieving a one trillion-dollar economy.
“Nigeria is on the right path to becoming a great nation that works for everyone,” Tinubu said. “Let us remain focused and united, and not be distracted by a small segment that views issues through the narrow lenses of politics, ethnicity, or religion.”
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