Tinubus new year address 2.webp
The Digest:

President Bola Tinubu asserts that ongoing economic reforms, described as difficult but necessary, will now directly impact every Nigerian home. According to his New Year's address, 2026 marks a phase focused on translating macro gains into household-level prosperity.

Key Points:
  • Tinubu cited 2025’s steady GDP growth, exceeding 4%, and trade surpluses as foundations.
  • Inflation reportedly fell below 15%, while the stock exchange gained over 48%.
  • Foreign reserves reached $45.4 billion, strengthening Nigeria’s external buffer.
  • Foreign direct investment rose to $720 million in Q3 2025, signalling renewed confidence.
  • Tax harmonisation reforms aim to build a fairer fiscal foundation for shared prosperity.
  • Security operations against terror networks will deepen with international partners in 2026.
  • The Renewed Hope Ward Development Programme targets empowering 10 million Nigerians grassroots.

Sources: The Cable