Wednesday, January 21

Nigeria Eyes Stronger Economic Growth in 2026, President Tinubu Outlines Priorities

President Bola Ahmed Tinubu has inaugurated the new year with an optimistic address, highlighting plans for a more robust phase of economic growth, security consolidation, and inclusive social development in Nigeria.

In his New Year message, the President reflected on 2025 achievements, noting that despite global economic challenges, Nigeria recorded steady GDP growth, declining inflation, trade surpluses, and greater exchange rate stability. He revealed that the Nigerian Stock Exchange posted a 48.12% gain, while foreign reserves stood at $45.4 billion as of December 29, 2025, providing a buffer against external shocks.

President Tinubu also reported that foreign direct investment (FDI) rose sharply in the third quarter of 2025, from $90 million to $720 million, reflecting renewed confidence in Nigeria’s economic direction. He emphasized that fiscal discipline and tax reforms will continue in 2026 to ensure sustainable revenue generation and increased investment in infrastructure and human capital.

On the security front, the President assured Nigerians that efforts to tackle terrorism, banditry, and criminal networks would intensify. He highlighted recent collaborative military operations with international partners, particularly in the Northwest and Northeast, and called for a decentralized policing system complemented by regulated forest guards to strengthen national security.

President Tinubu also outlined social development initiatives for the new year, including the Renewed Hope Ward Development Programme, which aims to empower 10 million Nigerians through local economic projects in agriculture, trade, food processing, and mining across all 8,809 wards nationwide. Plans to continue investment in infrastructure—roads, power, ports, railways, airports, pipelines, healthcare, and education—were also reaffirmed.

The President concluded his address with a call for unity and shared responsibility, urging all Nigerians to uphold patriotism, integrity, and civic responsibility in their roles. He wished citizens a peaceful, productive, and prosperous 2026, while praying for the safety of national troops and the protection of the country against threats.

President Tinubu’s message signals a determined push for economic consolidation, security, and inclusive growth, positioning Nigeria for stronger domestic resilience and greater investor confidence in the year ahead.


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