- Tinubu projects economic growth, inflation drop, and prosperity for Nigeria in 2025.
- Youth empowerment, national unity, and $1 trillion economy are key priorities.
- President reassures Nigerians sacrifices will lead to progress and brighter future.
President Bola Tinubu in his New Year message on Wednesday, painted an optimistic picture for Nigeria in 2025, celebrating the achievements of 2024 while laying out ambitious goals for the coming year.
EDITOR’S PICKS
EKO HOT BLOG reports that his address progress in the economy, youth empowerment, and national values, with a call for unity among Nigerians.
Below are 10 key highlights from President Tinubu’s speech:
- Positive Economic Outlook for 2025:
Tinubu projected a strong economic future, citing milestones such as the strengthening of the Naira, three consecutive quarters of foreign trade surpluses, and declining fuel prices. - Stock Market and Foreign Investments:
The president noted record-breaking growth in the stock market, generating trillions of Naira in wealth, and a surge in foreign investments, signaling renewed confidence in Nigeria’s economy. - Inflation Reduction and Local Production:
Tinubu pledged to cut inflation from 34.6% to 15% by focusing on increased food production and supporting local manufacturing of essential drugs and medical supplies. - National Credit Guarantee Company:
The government will establish the National Credit Guarantee Company by mid-2025 to improve credit access, particularly for women and youth, and to bolster economic growth and industrialization. - $1 Trillion Economy Goal:
Achieving a one-trillion-dollar economy remains a central objective, driven by sustained reforms and collaboration across all levels of government. - National Values Charter:
A National Values Charter will be introduced in early 2025 as part of the National Identity Project, fostering ethical behavior, patriotism, and mutual trust between citizens and the government. - Youth Confab for Empowerment:
A Youth Confab, to be launched early in the year, aims to empower young Nigerians as nation-builders. The Ministry of Youth will oversee the selection of representatives for the program. - State Collaboration on National Initiatives:
Tinubu called on state governments to partner with the federal government on critical initiatives such as agriculture, livestock management, tax reforms, and adopting cleaner energy technologies like CNG and electric vehicles. - Call for Unity:
The president urged Nigerians to remain united and focused on shared goals, emphasizing the importance of avoiding divisive tendencies based on politics, ethnicity, or religion. - Gratitude and Reassurance:
Tinubu expressed gratitude to Nigerians for their resilience and sacrifices over the past 19 months. He reassured citizens that these efforts would lead to national progress and a brighter future.
FURTHER READING
Here’s the video of the week: