Tinubu Says Nigeria Has Stabilised, Urges Citizens to Remain Patient as Reforms Begin to Yield Results

President Bola Ahmed Tinubu has stated that Nigeria’s economy has begun to stabilize following a series of economic reforms implemented by his administration, while acknowledging the hardship many Nigerians continue to face.

In a statement marking the third anniversary of his administration, Tinubu said the country has made significant progress despite economic challenges triggered by major policy changes, including the removal of fuel subsidies, exchange-rate reforms, and efforts to improve government finances. He maintained that the difficult decisions were necessary to prevent deeper economic problems and position Nigeria for long-term growth.

The President declared that the foundation for national recovery has been laid, stressing that visible progress is emerging across several sectors of the economy. According to him, reforms have improved investor confidence, strengthened public finances, encouraged new investments, and boosted infrastructure development across the country.

Tinubu pointed to improvements in road construction, rail development, power sector reforms, and increased domestic refining capacity as evidence that government policies are beginning to deliver results. He added that efforts to address challenges in electricity generation and transmission remain ongoing, with the goal of supporting businesses and improving living standards.

Addressing concerns about the rising cost of living, the President acknowledged the sacrifices Nigerians have made since the reforms were introduced. However, he assured citizens that those sacrifices would not be in vain, arguing that the measures were necessary to avoid economic instability and create a stronger foundation for future prosperity.

Tinubu also highlighted security as a key priority of his administration. He said security agencies have intensified operations against bandits, kidnappers, insurgents, and other criminal groups across the country. While admitting that security challenges persist in several regions, he expressed confidence that ongoing operations would continue to improve the situation.

The President further urged Nigerians to remain hopeful and continue supporting the government’s reform agenda. He emphasized that economic transformation takes time and that the benefits of current policies would become more visible as implementation progresses. According to him, the administration remains committed to delivering inclusive growth, job creation, infrastructure development, and improved public services.

Economic analysts remain divided over the impact of the reforms. Supporters argue that the policies have improved fiscal discipline, increased foreign investment, and strengthened Nigeria’s economic outlook. Critics, however, contend that many households continue to struggle with inflation, high transportation costs, and reduced purchasing power.

As political attention gradually shifts toward the 2027 general election, Tinubu’s administration is expected to continue defending its economic policies as evidence that Nigeria is on a path toward recovery. Whether the benefits of the reforms become more widely felt by citizens may play a significant role in shaping public opinion in the months ahead.

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