News

Tinubu: We’re paving the way for a prosperous and thriving nation

President Bola Tinubu has expressed confidence that Nigeria is on the path to becoming a prosperous and vibrant nation. In his 2025 budget presentation to the National Assembly, he outlined key allocations aimed at restoring macroeconomic stability and fostering inclusive growth. The budget includes significant investments in defence and security (₦4.91 trillion), infrastructure (₦4.06 trillion), health (₦2.48 trillion), and education (₦3.52 trillion).

Tinubu emphasized that these allocations reflect his administration’s strategic priorities under the Renewed Hope Agenda, focusing on sectors essential for national development. He acknowledged the challenges posed by recent economic reforms but maintained that these measures are necessary for building a stronger, self-reliant, and prosperous nation.

The President also highlighted Nigeria’s economic recovery, citing a growth rate of 3.46% in the third quarter of 2024 and a trade surplus of ₦5.8 trillion. He projected that inflation would decline from the current rate of 34.6% to 15% in 2025, with the exchange rate improving from approximately ₦1,700 per US dollar to ₦1,500.

In addition to economic measures, Tinubu’s administration has initiated programs aimed at youth empowerment and development. Notably, a 30-day youth conference has been proposed to address challenges confronting the younger generation, reflecting the government’s commitment to nurturing Nigeria’s future leaders.

While acknowledging the sacrifices made by Nigerians due to recent reforms, President Tinubu called for resilience and unity in the collective pursuit of a brighter future. He assured citizens of his commitment to govern with vision, dedication, and empathy, aiming to alleviate current hardships and build a foundation for long-term prosperity.

 

 

Follow our WhatsApp Channel  | Follow us on Telegram

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *