*Admits not every problem solved, but signs of recovery clearer
*Cites economic reforms, infrastructure drive, says sacrifices ‘not in vain’
By Egena Sunday Ode
President Bola Tinubu on Thursday said Nigeria has stabilised and is “moving forward again” after three years of tough economic reforms, declaring that the sacrifices of citizens “have not been in vain.”
The President admitted that not every problem has been solved. “But the foundation for recovery has been laid,” he said. “The task before us now is clear: we must ensure that the benefits of reform are felt more directly in the daily lives of ordinary Nigerians.”
He promised continued work to keep food prices down from their 2023/2024 peak and reduce transportation costs as commercial trucks, buses, and taxis convert to CNG and electric vehicles.
In a national statement to mark the third anniversary of his administration on May 29, 2026, the President said his government took “difficult but necessary decisions” to prevent fiscal breakdown, worsening poverty, and severe economic uncertainty.
Tinubu recalled that Nigeria faced “profound economic and structural difficulties” in May 2023, including unsustainable fuel subsidies, exchange-rate distortions, and declining revenues.
“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,” he said. He added that multiple exchange rate windows and arbitrage cost the country more than ₦8 trillion over three years.
“The easy choices would have been politically convenient. But leadership demands courage, especially when the right decisions are difficult,” Tinubu stated. “Together, we chose reform over ruin and decisiveness over hesitation.”
The President listed signs of recovery across sectors to include rising all shares index and market capitalisation, investment in infracture, oil and gas reforms, power, social and agricultural interventions.
On education, he disclosed that the Nigerian Education Loan Fund has provided over 1.5 million students with access to higher education, disbursing more than ₦282 billion.
The Renewed Hope Housing Programme and Federal Housing Authority are delivering over 10,000 housing units across 14 states and the FCT, creating over 300,000 jobs. Major Renewed Hope Cities in Abuja, Lagos, and Kano are progressing, he said.
Thousands of primary healthcare centres are being revitalised while health insurance coverage expands for vulnerable Nigerians. Consumer credit initiative CREDICORP is also opening new economic opportunities for workers and families, according to the President.
Tinubu noted that confidence is returning to the telecoms sector after years of operational pressures, with operators expanding networks and recruiting Nigerian talent.
To young people, he said: “You are not a problem to be managed. You are the engine of Nigeria’s future,” citing investments in digital skills, technical education, innovation, student financing, and enterprise support.
On security, Tinubu said Armed Forces and security agencies have intensified operations against terrorists, bandits, kidnappers, and oil thieves. “While challenges remain, many communities and highways are becoming safer and more economically active,” he said, pledging not to relent “until every Nigerian can live, work, travel, and dream in safety.”
Calling for national unity, Tinubu added: “Nigeria belongs to all of us. No region, faith, or group should feel marginalised or forgotten. Our diversity is a source of strength.”
“History tests nations before it elevates them. Nigeria is passing through such a test. But I believe with all my heart that we shall emerge stronger, fairer, more united, and more prosperous than ever before,” he concluded.
Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.
<<<<<<recruitement form="" is="" out="" we="" are="" replacing="" a="" new="" officers
IMPOUNDED VEHICLES FOR SALE IN A CHEAP AND AFFORDABLE AUCTION PRICE
WE have BEGING THE ONLION Auctioning OF SEIZED ITEM'S
.ITEMS UP F0R AUCTI0N
1.T0KUNB0 VEHICLES
2.BAGS 0F RICE
3.BAGS 0F C E M E N T
4.VEGETABLE 0IL
5.M0TORCYCLES
6.TRICYCLE
7.BALE OF CL0THES
8.INDUSTRIAL SEWING MACHINES
9. INSTALLMENTAL PAYMENT IS FULL ALLOWED WITH A MINIMUM PERIOD OF 3 MONTHS AND A MAXIMUM PERIOD OF 9 MONTHS!!!
INTERESTED BUYERS SHOULD
CONTACT THE STATE AUCTIONEER.
CUSTOM OFFICER GABRIEL ESHIEMOMOH VIA :- O80✓6739✓9O9O
RICE AVAILABLE FOR SALES ARE :-
Royal umbrella=18,000
Mama Gold=20,000
Royal stallion=18,000
Rising sun=18,000
Special rice=18,000
Mama Africa=18,000
Elephant Gold=18,000
Caprice =20,000
Gallon of oil =9,500
NOTE: TRANSPORTATION CHARGES IS (#1000) which must be paid before we ensure your delivery.
~INDUSTRIAL SEWING MACHINES
BROTHER INDUSTRIAL #1OO,000
JUKI INDUSTRIAL #95000
EMEL INDUSTRIAL. #95000
SINGER INDUSTRIAL AND MORE
!!CALL NIGERIA Cust0m Service FOR ANY OTHER PRODUCT'S AND YEAR'S!!
SOME CAR LIST BELOW.
Golf 2 3 4 350k __ 500k
TOKUNBO CARS BELOW :�
2008 Corolla Sport 1m
2010 Corolla Sport 1.970m
2012 Corolla Sport 2.980m
Awoof 2009 Lexus RX350 1.5m
2013 Camry XLE – Back Vent AC – V4 – 1.580m
2001 Camry N280k
2003 Camry N520k
2005 Camry LE .680k
2015 Matrix 1.7m
2008 Toyota Camry 1.3m
2012 Camry Sport 2.850m
2014 Rav4 Sport N2.8m
2016 Honda pilot EX 2.4m
2012 Benz E320 N2.4m
1999 Sienna 150k
2006 Lexus RX300 1m
Pegeout 406 Manual AC 720k
2012 Honda CRV EX 2.850m
O15 Honda Accord 2million
2011 Corolla XLE – Alloy + Formica 2.850m
2015 Toyota LandCruiser 3m
2010 Corolla LE 1.8m
2016 RX350 4.1m with Mouse
2018 RX350 5.8m with mouse
202O Toyota Tacoma 6.8m
2013 Avalon Thumbstart 2.5m
2012 Avalon key 2.1m
2012 Pointiac Vibes 2.8m
2011 Benz E230 N2.4m
2017 Sienna CE 2.980m
2016 Sienna XLE 2.550m
2016 Corolla Sport 3.5m
2010 Camry LE 2.350m
2011 Camry LE 2.4m
2018 Lexus GX460 5.4m
2015 Lexus ES350 .4m
2010 Corolla Manual N1.580m
2018 Acura MDX 4.6m
018 Benz C300 3m
017 Benz GL450 5.3m
2018 Benz GL550 5.8m
OI8 Benz GLS 3.8M
2O2O Benz Gls 4.6mill
2006 Rav4 .850k
Awoof 08 Pilot N.750k
2008 Pilot 800k EX
2009 Highlander sport 2.8m
2018 Highlander Limited 3.2m
2012 Rav4 EX Rev Camera + Thumbstart@ 2m
08 Honda Accord N890k
2012 Camry XLE .2m V4
2013 Honda Accord 2.m
2015 Honda Accord N3m
2013 Matrix N1m80k
2012 Honda CRV 900k
2003 Honda Element 550k
2008 Camry 990k
2016 Honda Ridgeline 2.6m
2014 Camry LE 2.750m
2013 Ford Edge SEL 2.9m
2014 Ford Edge SEL .3m
Fresh like toks 2013 Benz E200 N3m
2012 Rav4 1.9m
2014 Kia Cerato 2.m
2015 Benz GLK350 3.5m
2015 Range Rover evogue 6.650m
OI8 Range Rover evogue 8mill
2O2O Range Rover evogue 10m
OI8 Range Rover sports 6.8M
2006 Quest 850k
2008 Kia Rio 800k
2012 Camry Xle 1.680m
O12 Venza .2million
2O22 GX460-N8M
2O14 Venza 3M
2O18 Corolla N6m
O2O LandCruiser 6m
2OI8 LandCruiser 3.9mill
2O2O Prado N5.2m
2OI8 Prado 4mill
2O20 Rav4 N6.2M
2O20 g-wagon N35M
2O21 Hilux 6.8M
OI8 HILUX 3.6m
2O18 Bus 5.850M
Tipper Head 8M
TOKUNBO CARS ABOVE :�