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STATEMENT BY PRESIDENT BOLA AHMED TINUBU (GCFR) ON THE THIRD ANNIVERSARY OF HIS ADMINISTRATION, MAY 29, 2026 My fellow compatriots, Three years ago, you entrusted me with the sacred responsibility of leading our beloved nation at a defining moment in our history. I accepted that responsibility, fully aware of the magnitude of the challenges before us, but also deeply confident in the resilience and potential of the Nigerian people. Today, on the occasion of the third anniversary of our administration, I speak to you not only as your President but also as a fellow citizen who understands the sacrifices many families have made in recent years and shares your hopes for a better Nigeria. When this administration assumed office, our nation faced profound economic and structural difficulties. Mounting fiscal pressures, unsustainable fuel subsidies, declining revenues, exchange-rate distortions, rising debt-servicing costs, insecurity in several parts of the country, energy supply constraints, and declining public confidence in institutions all threatened our progress. At the height of the subsidy regime, Nigeria was spending as much as ₦18.4 billion daily to sustain petrol subsidies—over ₦4 trillion in 2022 alone—resources that could have been invested in roads, healthcare, education, housing, and critical infrastructure. Multiple exchange rate windows and forex arbitrage created massive distortions, with Nigeria losing more than ₦8 trillion over three years to rent-seeking and speculative practices. The situation demanded urgent and courageous action. Difficult but necessary decisions had to be taken to stabilise the economy and prevent a deeper national crisis. The easy choices would have been politically convenient. But leadership demands courage, especially when the right decisions are difficult. Had we refused to act, our nation would have drifted toward fiscal breakdown, worsening poverty, and severe economic uncertainty. Together, we chose reform over ruin and decisiveness over hesitation. We chose long-term national recovery over short-term comfort. These decisions came with sacrifice. The rising cost of living triggered by our measures placed enormous pressure on families, workers, and businesses. Young people searching for jobs felt discouraged. Many questioned whether these difficult decisions would lead to a better future. I remain deeply conscious of those sacrifices, and I assure you: your sacrifice has not been in vain. And today, I can say with confidence that Nigeria has stabilised and is moving forward again. Across the country, visible progress is taking shape. VISIBLE PROGRESS AND ECONOMIC GROWTH Our economy is now more competitive and better positioned for sustainable growth than it was in 2023. Public finances are improving. States and local governments have greater resources to invest in their people. Investor confidence is growing. The stock market is booming, with the All Share Index rising from 53,000 and market capitalisation of N30 Trillion in 2023 to a record All Share Index of 250,000 and market capitalisation of N160 Trillion this year. Companies are declaring record profits and dividends. Critical infrastructure projects are advancing at an unprecedented scale. Over 2,700 kilometres of highways and major roads are under construction, reconstruction, or rehabilitation, including the Lagos-Calabar Coastal Highway, the Sokoto-Badagry Super Highway, the Abuja-Kaduna-Zaria-Kano Road, the East-West Road, and many rural access roads. Significant sections are already completed or nearing completion, improving transportation, reducing travel time, boosting regional trade, and creating thousands of jobs. Rail modernisation projects are ongoing to improve connectivity, logistics, and economic integration across the federation. In the oil and gas sector, the reforms we instituted have attracted billions of dollars in fresh investment from the international oil companies that had shunned our country. The $5 billion NLNG Train 7 project is nearing completion to boost LNG production capacity, exports, and dividends. Domestic gas utilisation is expanding. Local refining capacity has improved our energy security. With large-scale domestic and modular refineries operational, Nigeria is reducing its dependence on imported petroleum products and conserving foreign exchange. For years, the power sector suffered from debt, underinvestment, and uncertainty, which weakened generation capacity and limited growth. Today, we are confronting those challenges directly. Our administration is clearing legacy obligations, expanding transmission infrastructure, investing in renewable energy, and strengthening the national grid because no modern economy can grow in darkness. When power improves, businesses expand, industries grow, jobs are created, and families prosper. We are determined to power Nigeria into a new era of industrial growth and economic opportunity. EMPOWERING NIGERIANS: AGRICULTURE, EDUCATION, AND HOUSING Agricultural interventions have supported millions of farmers by improving seedlings, fertilisers, mechanisation, and irrigation and by expanding access to finance and markets. We are opening new agricultural corridors to create jobs, strengthen supply chains, and reduce pressure on household incomes. The Nigerian Education Loan Fund has provided over 1.5 million students with access to higher education, disbursing more than ₦282 billion to ensure that no willing student is denied access due to financial hardship. Our Renewed Hope Housing Programme, along with that of the Federal Housing Authority (FHA), is delivering over 10,000 housing units across 14 states and the FCT, creating over 300,000 jobs and expanding access to affordable housing. Major Renewed Hope Cities in Abuja, Lagos, and Kano are progressing steadily. Our consumer credit initiative, CREDICORP, is opening up new economic opportunities for workers and families. In healthcare, thousands of primary healthcare centres are being revitalised, while health insurance coverage is expanding for vulnerable Nigerians. DEEPENING TELECOMS ACCESS AND INVESTMENT We also took decisive action to stabilise the telecommunications sector, which remains one of the most important drivers of modern economic growth. After years of severe operational pressures and declining investment, confidence is gradually returning to the sector. Telecom operators are expanding networks, investing in infrastructure, recruiting Nigerian talent, and widening digital access across the country. A connected Nigeria is a more competitive Nigeria. Digital infrastructure is now essential to commerce, education, innovation, and national productivity. YOUTH, TECHNOLOGY AND DIGITAL TRANSFORMATION To our young people, I want you to know this nation believes in you. You are not a problem to be managed. You are the engine of Nigeria's future. Across technology, manufacturing, creative industries, agriculture, sports, and entrepreneurship, we are expanding opportunities for you to compete and succeed. We are investing in digital skills, technical education, innovation, student financing, and enterprise support because the future must be driven by Nigerian talent, creativity, and productivity. SECURITY AND NATIONAL UNITY Security remains central to our national mission and to the creation of a virile and prosperous society. Our Armed Forces and security agencies have intensified operations against terrorists, bandits, kidnappers, oil thieves, and criminal networks. While challenges remain, many communities and highways are becoming safer and more economically active. |
happney65:https://www.thecable.ng/breaking-tinubu-finally-breaks-silence-on-amotekun/ If you read this carefully, you'll not ask all these questions. |
AMINDA:Are you okay at all? Why do you prefer beating around the bush and changing goal posts to clear logic? State police is different from Amotekun. Lagos has different types of Amotekun already, Oyo doesn't. Makinde can't pay Amotekun or support autonomy, but you're cool since he's opposition. It's Lagos state that's having great security architecture that's your problem. RRS, oyabo or something in ikorodu, the Lagos State Security Trust Fund (LSSTF), the Lagos State Neighbourhood Safety Agency, number one surveillance systems in Nigeria, and inter-agency command centres. i have attached direct answer to this post, but i trust you to justify your paid agent job.
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Gentlesniper:Talk intelligently if you can. i don't really want to believe that all opposition can do is insult. |
When are these sissies going to 'invade' their state governors instead and make them man up? Tinubu created RRS within 2 months of becoming governor. He later created Neighborhood Watch. How many weeks now that he's asked these ones to work on state police and they still prefer playing games and spending security votes. Is Wike not a man like them, what about Fayose? See how Wike did it that year despite being main opposition governor against fPMB.
Current state of things, yet someone will ignorantly or mischievously say nothing is happening.
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Ofunaofu:you probably didn't read. Lagos never needed Amotekun as they already had neighborhood watch. Tinubu was the one that advised the other states on how to get Amotekun and get the nod of the then FG. If Seyi Makinde had any sense of seriousness and responsibility for his state, he wouldn't be playing politics. Wike never needed Amotekun or any regional group to clear out nonsense. He wasn't doing begibegi or playing helpless that he didn't get help from Buhari.
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AMINDA:You missed the whole point, you probably didn't read. Lagos never needed Amotekun as they already had neighborhood watch. Tinubu was the one that advised the other states on how to get Amotekun and get the nod of the then FG. If Seyi Makinde had any sense of seriousness and responsibility for his state, he wouldn't be playing politics. Wike never needed Amotekun or any regional group to clear out nonsense. He wasn't doing begibegi or playing helpless that he didn't get help from Buhari.
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AMINDA:https://www.thecable.ng/breaking-tinubu-finally-breaks-silence-on-amotekun/ Read through.
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Bentacur007:https://www.thecable.ng/breaking-tinubu-finally-breaks-silence-on-amotekun/ Read through and cure your ignorance. |
Makinde is an hypocrite here. It's still Tinubu that made the suggestion that he's bragging about. https://www.thecable.ng/breaking-tinubu-finally-breaks-silence-on-amotekun/
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Sabadon:Can you explain what you mean by no integrity? Did he deny the problem? No, GEJ did. Is he working on the problem? Yes. Below is TODAY’S testimony by the American army.
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yaseer111:Noted. |
anonimi:You're an hungry nigerian, you'd know better. Ask your fellow stomach infrastructure comrades. |
No be e cho cho cho oga, calm down. |
narite:i will indulge you because you mentioned being objective. Where did you see Tinubu carried around and how has no athletism hindered him from doing his job? |
Rotimi wey jog around stadium that year for Jagaban beating. Make e deputise for Atiku, i need thorough beating from Jagaban for all of them. Nobody must run or hide. |
Rapmoney:You're so pained that i mentioned the Pit Obi, even a Pry 3 kid would notice. Run along mr timi. |
Barims:Talk intelligently instead of resorting to insult. Didn't you go to school? |
narite:Is it Pit Obi or Atiku that Nigeria needs instead? |
onatisi:You're likely uninformed. |
Rapmoney:It's clear to see how bitter the truth about Pit Obi is. You don't want him touched, so touching. Meaningful discussion wey no want truth about him fav. |
Rapmoney:i didn't mention any party. i pointed to how Pit Obi has greatly changed people like you to bitterness and hatred for others. |
Rapmoney:Explain how it's tribal talks mr shift. You don't know the damage your fav has done yet. You'll understand soon enough by God's grace. |
Iamdbull:What exactly is wrong with you people for God's sake? Democracy is not cultism. That you support or vote for someone doesn't remove your rights to criticize him or even change your mind and oppose him. You guys keep giving us vibes that you'll never say anything bad if your favorite was in power and you'd shut down and up any mouth that spoke against him. Na wa oh. |
Odewaleadesoye:Not to downplay the insecurity and kidnap issues. Just BTW, these pictures are not from Nigeria and were reported online as far back as 2020. https://x.com/i/status/1269973293014102018 i wish the kidnapped safe and quick release. |
Pit Obi and insecurity largely happened. That man's ambition has done immense damage to many young minds psyche. i remember that video of him saying he's going to six burials and has packed his food. That guy tore any religious and tribal fabric laced together before. As for insecurity, the chicken has long come to roost. Irresponsible parenting and religious banditry have yielded fruits. |
DeepSight:i actually said that we're making good progress. It's a little bit different from improving. If there's no road from point A to point B. i can make progress building one at 30% completion. That's progress. The situation has not necessarily improved. In fact, there might be a lot of dust, traffic and unease in the environs while i am making progress constructing the blocked, inaccessible road. |
DeepSight:Tinubu didn't present himself as perfect, in fact, he said he'd make mistakes along the way. https://youtube.com/shorts/TXxAUmb5cV4?si=b7VE5TWH0laD0F_0 As for Chibok issue, it was more like a sort of climax, or straw that broke the camel's back in the GEJ time. People have since 'gotten used' to that kind of event, albeit unfortunate. It's like seeing blood or accident the first time, and seeing it many more times. Another important thing was the initial denial of the GEJ government which was contrary to Shettima's(Borno governor then) cry out. Plus, we had a well 'packaged' opposition then, compared to the jokes parading themselves now. We're making good progress in the fight against insecurity, especially with boko haram and most of the north stroke herdsmen crises. South east is also better. Kudos to Ribadu and his team. The issue of state police is also on the table which, i think, is a big plus. The major problem now are the bandits/kidnappers. It will also be solved. i understand it's quite lucrative and easier compared to the others. i hear people even kidnap themselves these days. All of these have deep roots and i sincerely don't think anyone of the other prospective presidents would've or would fare better. It's not like the solution is a call, visit or bullet away.
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anonimi:i would be worried if the majority listened to political jobbers like you. Thankfully, we don't. He'd be 3 years as President tomorrow. Ongoing 440+ roads project including the audacious Lagos Calabar coastal highway. 10k dialysis fee for kidney diseased patients Fuel scarcity is a thing of the past No more ASUU strike PBAT's government has neutralized more terrorists leaders than any Nigerian president No state in Nigeria is owing salary LG financial autonomy Tax reform to prevent businesses from paying multiple taxes Foreign reserves increased massively. Stability of exchange rate; manufacturers can take better decision on imports and production CNG conversion installment plan TVET program to pay youths monthly while they learn a skill. Socioeconomic well being na water. |
Follow who know road, you hear? |
DeepSight:Make i use some rights na, thanks. i remember the video from the picture below during fPMB. i remember during GEJ's time also. As regards insecurity, i think we're making good progress and will make more. It's easy for terrorists and bandits to pick on soft targets, irregardless of who is currently in power. We hope the issues can be solved. As for economy, we're out of the tunnel which was not exactly built by Tinubu. As for other areas, and the areas already mentioned, i still believe none of Tinubu’s competitors come close in competency, capacity and experience.
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ichuka:Chuka, a man from Kaduna lost primaries to another man from Kaduna. i commented and you said i allowing tribalism to supersede Christianity. Okay, explain how because i didn't even mention any tribe or religion. For reminder, here's what i said again in quote. That's expected with the electoral reforms. The only way he could have escaped it is if he had truly connected with and worked for the people he was representing.Now, instead of you to rationally and reasonably explain yourself, you're asking me to ask the Holy Spirit. You schooled in the South West, the spirit of tribalism, etc. It's better you don't even talk if you don't know what to say. |
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