PRESIDENT TINUBU DELIVERS NEW YEAR MESSAGE, OUTLINES ECONOMIC 6 REFORMS FOR 2025
-
Nicolas Adekeye / 4 months
- 0
- 2 min read
President Bola Ahmed Tinubu has delivered his New Year message to Nigerians, expressing optimism for a brighter future and outlining his administration’s economic prospects and reforms for 2025. “As we enter 2025, I wish everyone a happy and prosperous New Year. May you be rich in joy, success, and good health,” President Tinubu said. According to the President, economic indicators point to a positive and encouraging outlook for the nation, with gradually decreasing fuel prices, foreign trade surpluses in three consecutive quarters, and a strengthened Naira against the US dollar. The stock market’s record growth has also generated trillions of naira in wealth, reflecting renewed confidence in the economy. However, President Tinubu acknowledged that the cost of food and essential drugs remains a significant concern for many Nigerian households. To address this, his administration is committed to intensifying efforts to lower these costs by boosting food production and promoting local manufacturing of essential drugs and other medical supplies. The President also announced plans to establish the National Credit Guarantee Company to expand risk-sharing instruments for financial institutions and enterprises. This initiative aims to strengthen the confidence of the financial system, expand credit access, and support under-served groups such as women and youth. In addition, President Tinubu emphasized the importance of citizenship and national identity, announcing plans to unveil the National Values Charter, and launch a national orientation campaign to foster patriotism and love for the country. The President concluded his message by urging Nigerians to continue believing in themselves and their country and to work together to achieve a brighter future. “Together, let us stay the course of nation-building. The New Year will bring us closer to the bright future we all desire and the Nigeria of our dreams,” he said.