After three years of challenging adjustments, Nigeria has reached a turning point, according to President Bola Tinubu, who has defended the economic reforms carried out by his administration.
The President stated that the changes were implemented to solve long-standing economic imbalances rather than to cause the problems Nigerians have faced in his Independence Day speech.
He compared his administration’s predicament to that of a cancer patient who must endure excruciating therapy in order to survive.
Tinubu stated, “We must never confuse the medicine with the disease.”
According to , the reforms have resulted in indications of increased economic stability, such as above 4% economic growth, reduced inflation, increased foreign reserves, and a more stable foreign exchange market.
Additionally, he stated that non-oil exports brought in over $6 billion in 2025.Tinubu
He asserted that foreign organisations, investors, and other observers could perceive changes in the Nigerian economy, saying, “These are not idle claims.”
According to Tinubu, the administration will now concentrate on converting economic stability into more widespread wealth.
He declared, “The emergency phase is over.”
Although the President admitted that the changes had caused significant challenges for Nigerians, he insisted that giving up on them would undo the gains already gained.
He urged Nigerians to back the government’s upcoming economic program, which he claimed will prioritise decreased living expenses, employment, enterprise, and industrial development.