2025: A Year Of Hope And Progress For Nigeria – Tinubu Reassures Citizens

President Bola Tinubu has assured Nigerians that brighter days are ahead in 2025, expressing optimism about a positive transformation for the nation in his New Year’s message. Tinubu pledged that his administration would strive to meet the aspirations of the Nigerian people while addressing the challenges that marked 2024.

Reflecting on the past year, the president acknowledged the difficulties Nigerians faced but highlighted promising economic developments:

Fuel prices have dropped steadily, easing financial burdens.
Foreign trade recorded surpluses for three consecutive quarters, strengthening the economy.
Foreign reserves have grown, and the naira gained value against the US dollar, bringing increased economic stability.
The stock market reached record highs, creating trillions of naira in wealth and spurring renewed investor confidence.

Tackling Rising Costs and Inflation

Tinubu admitted that the high cost of food and essential medicines remained a major concern for many households in 2024. To address this, he announced plans to boost local food production and increase the domestic manufacturing of essential drugs.

In his efforts to stabilize the economy, Tinubu set an ambitious goal of reducing Nigeria’s inflation rate from 34.6% to 15% by the end of 2025. “With hard work and divine intervention, we can achieve this milestone and bring relief to Nigerians,” he assured.

Expanding Access to Credit

To stimulate economic growth, Tinubu unveiled plans for the National Credit Guarantee Company, set to begin operations by mid-2025. This initiative will aim to:

Provide risk-sharing mechanisms for financial institutions.
Expand credit access to individuals and key economic sectors.
Focus on underserved groups like women and youth.

The president explained that the company would involve partnerships between government institutions such as the Bank of Industry, Nigerian Consumer Credit Corporation, and the Ministry of Finance Incorporated, as well as private sector and multilateral organizations.

A Vision for Growth and Unity

Tinubu emphasized that his administration remains committed to the reforms necessary to achieve sustainable growth and prosperity. He expressed gratitude to Nigerians for their trust and urged everyone to stay united in the pursuit of a stronger, more prosperous nation.

“Let us stay focused on building a great Nigeria,” he said, urging citizens to look beyond the divisions of politics, ethnicity, and religion. He also reiterated his ambitious vision of creating a one trillion-dollar economy, positioning Nigeria as a thriving global power.

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“President Tinubu reassures Nigerians of brighter days in 2025, with plans to reduce inflation, boost credit access, and foster economic growth for a stronger nation.”