My fellow Nigerians,
Sixty-six years ago today, our flag was raised, for the first
time, over a free and sovereign nation. Since then, we have journeyed together
as one nation, bound by our collective trust in the great promise of Nigeria:
that a country of our size, our bountiful resources, our cultural diversity
and, above all, our extraordinary people can build a giant in Africa;
that in this blessed and fertile land we can build a united, strong and
prosperous nation; a land of regional authority and global consequence.
Our journey has not always been easy. In truth, it has generally
been too hard for too many. We have known moments of great hope and periods of
profound disappointment. We have endured war, military rule, economic crises,
insecurity and political upheaval. Yet through it all, Nigeria, with the
indomitable spirit of its people, has endured.
It has endured through the efforts of the farmer who rises
before dawn to work his land. The trader who opens her shop each morning,
hopeful for a productive day. The teacher who believes in the children
entrusted to her care and the young entrepreneur who refuses to surrender
ambition to circumstance. We are grateful for the men and women of our Armed
Forces and security services who place themselves in harm’s way so that the
rest of us may live in peace.
Through every difficulty, generations of Nigerians have
continued to believe in one thing: that this country of ours will be better.
This faith, which sustains us all, is the inheritance of
independence. Our founding fathers did not struggle merely for a flag, an
anthem or a place among the nations of the world. Independence carried a larger
promise: that Nigerians would have the freedom to shape their own destiny and
build a nation capable of providing opportunity, dignity and a better life for
its people. Sixty-six years later, Almighty God has made it our responsibility
to deliver that promise.
Today, as we celebrate our independence, we must speak honestly
about the journey so far, the choices we made, and the country we are
determined to build from here.
For too long, the promise of Nigeria was undermined by choices
that postponed difficult decisions and allowed deep economic distortions to
grow.
By 2023, poverty was rising, and hope was nearly gone. The
country’s situation was darker than ever. We had no choice but to act.
Nigeria was like a sick patient who receives the terrible news
that he has cancer. His doctor explains that the treatment will be difficult
and painful, but that it offers a strong prospect of recovery. The patient has
a choice. He can begin treatment, endure its discomfort and fight the disease.
Or he can ask only for morphine, dull the pain and leave the cancer to spread.
For too long, Nigeria’s leaders chose morphine while praying for
a miracle that never came. They focused on symptoms while allowing the disease to take hold
deep within the fabric of our society. We spent enormous sums sustaining
inefficient arrangements that were never intended to last. We hid from
difficult truths and passed the consequences from one generation to the next.
When this Administration assumed office, we resolved to do
things differently. We chose to excise the cancer. The reforms that followed
were difficult. The side effects were real. Yet, we must never confuse the medicine
with the disease.
Our reforms did not create the weaknesses in our economy. They
confronted them. Now, as certain influential but regressive voices would have
us abandon the treatment and return ourselves to the abuse of addictive
subsidies, we must resist their siren song. We must remember why we began this
journey and how far we have already come.
Three and a half years later, the evidence that Nigeria’s
economic outlook has improved is undeniable. Our economy has grown by over 4
per cent this year. Both oil and non-oil sectors have contributed to the
renewed period of stable growth.
Oil theft is down. Inflation has fallen substantially from its
peak. Our foreign reserves have been rebuilt, our foreign exchange market has
stabilised, and in 2025 this country recorded its highest revenue from non-oil
exports in its history, exceeding $6 billion. This is real money being made by
real Nigerian businesses.
These are not idle claims. International observers, journalists,
NGOs and multilateral institutions can see the change. Each has concluded that
our reforms have strengthened Nigeria’s economic stability and resilience. The
private sector has long since delivered its verdict, and foreign direct
investment continues to rise each year.
My fellow Nigerians, we have reached a turning point.
The emergency treatment is over. The foundation has been
repaired. The central economic task before us has changed. For three years, our
overriding purpose was to correct our nation’s course.
Now, our purpose is simple: shared and widespread prosperity. When I speak of prosperity, I do not speak merely of a larger
economy, abstract numbers or better statistics. I mean something much more
personal.
I mean a Nigeria in which the farmer can cultivate his land
safely, produce more at lower cost, and earn a decent return for his labour. A
Nigeria in which factories have reliable power, businesses can obtain credit,
and young people can find productive work.
A Nigeria in which food and
transportation are affordable, education is within reach, and hard-working
families can look towards the future with confidence. This is the promise we must now fulfil.
Our priority is to bring down the cost of living. We will
achieve this by lowering the cost of producing and moving the things Nigerians
consume.
We have the land and people to feed ourselves. My government is
therefore focused on expanding mechanised irrigation and dry-season farming,
improving access to seeds and fertiliser, holistically increasing mechanisation, and investing in storage and transportation. We are building and
completing the roads, railways and ports that connect farms and factories to
markets.
Our logic is simple. When a farmer produces more cheaply, when
fewer crops are lost between the farm and the market, when a manufacturer
spends less on electricity, when a truck reaches its destination faster, and
when the business environment fosters fair competition, all those savings will
ultimately find their way into the price of goods in the market.
But prosperity requires more than cheaper goods. It requires
productive work. Nigeria is a young country. Millions of young Nigerians enter
adulthood every year with talent, energy and ambition. Our responsibility is to
ensure that this great demographic strength becomes an engine of production
rather than a source of despair.
We are therefore placing jobs, enterprise, and industrial growth
at the heart of our government’s policies.
We will use our gas to power new industries. We will support
businesses that work to bring factories back to life in our great industrial
centres. We will expand digital connectivity into communities that have waited
too long to participate in the modern economy. We will invest in the skills
employers demand and support Nigerian businesses with the infrastructure and
finance they need to grow.
I want to see more Nigerians making things. I want to see more
Nigerian farms feeding our cities and supplying our factories. I want to see
Nigerian businesses selling Nigerian goods to the whole world. I want young
Nigerians building unicorns and creating opportunities for others here at home.
I am also conscious that millions of our fellow citizens cannot
wait for tomorrow. Some Nigerian families still struggle today for the next
meal, the next school fee, the next medical bill, or simply enough money to get
to work. Their circumstances did not begin with the reforms of the last three
years. Their struggle is the accumulated consequence of decades of low
productivity, inadequate infrastructure, insufficient opportunity and
institutions that too often failed those who needed them most.
We cannot erase in four years what accumulated over generations.
But we can change its course. We can build an economy that steadily lifts
people out of poverty while ensuring that those who remain vulnerable are not
abandoned along the way.
That is why we are strengthening direct support for the poorest
households and improving the National Social Register so that assistance
reaches those who genuinely need it. It is why the Nigerian Education Loan Fund is ensuring that the
child of a low-income family need not surrender the dream of higher education
simply because his parents cannot afford the fees.
It is why CREDICORP is giving working Nigerians access to
consumer credit, allowing people to acquire vehicles, solar systems, digital
devices and other essential assets without first having to accumulate years of
savings.
That is why, working with our states and local governments, we
will continue to strengthen primary healthcare, basic education, and the
essential public services poorer Nigerians depend on most. Since 2023, we have
paid salaries and pensions on time and in full. We have reformed the national
pension program to benefit retirees and the vulnerable.
These programmes are not substitutes for prosperity. They are a
bridge to aid our nation’s citizens on their path towards it. Our objective is
not to manage poverty more efficiently. We will defeat it. It will take time. It will require discipline. It will require
sustained growth year after year and the creation of millions of productive
opportunities across our country.
But for the first time in decades, we embark on this task from a
position of strength; with an economy whose fundamental direction has been
corrected. We confronted the difficult choices we faced and have laid the
foundations for lasting prosperity. Rather than fail the promise of a better
future for our children, the time has come for us to build that future.
The age of reform has done its work. Now begins the age of
prosperity. An age in which the promise of this great nation must finally
become the lived experience of Nigerians from all walks of life. We have travelled through difficult years together. We have made
hard decisions together. And now, still together, we must build the country
those decisions have made possible.
I believe deeply in what lies ahead. I believe in the millions of ordinary men and women whose work,
courage and determination have always been the true strength of our country.
The road ahead will still demand much from us. But we now travel it with firm
footing, a clear direction, and renewed hope in our collective future.
Nigeria has corrected its course. We have passed through our own
Red Sea. This is not the time to look back. Let us go forward together, with
faith in ourselves, faith in our country, and faith that the sacrifices we have
made will yield their reward.
The Promised Land before us is a Nigeria of abundance and
opportunity; a nation where prosperity is broadly shared, where every child can
dream beyond the circumstances of his birth, and where our country’s immense
promise is finally reflected in the lives of our people. Our destination is in sight. Our foundations are strong. Our
direction is clear. So let us go forward. No looking back.
Happy Independence Day, my fellow Nigerians. God bless you all,
and God bless the Federal Republic of Nigeria.
Bola Ahmed Tinubu, GCFR
President and Commander-in-Chief of the Armed Forces of the
Federal Republic of Nigeria