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Fellow Nigerians, as we mark the second anniversary of our administration, I salute your resilience and undaunted spirit. Two years ago, you entrusted me with the sacred responsibility to lead our nation at a time of historic challenges. Together, we have faced these headwinds with courage and determination.
The economic and general situation of the country I inherited required that we redirect the country’s affairs with a bold and new vision. I immediately implemented two necessary policies to stop our country from further drifting into the precipice. It was apparent that if the federal government and the other two tiers of government must remain viable and cater to the citizens’ welfare, we must do away with decades-long fuel subsidies and the corruption-ridden multiple foreign exchange windows. The two were no longer sustainable and have become a chokehold on our nation’s neck, strangling our nation’s future.
While our administration has implemented the reforms to restore and reinvigorate our national economy and strengthen our social fabric as a strong and united country, I must thank my fellow citizens for your unrelenting support and belief in the grand vision we share to uplift our nation and renew our collective hopes and aspirations.
We are halfway through the journey that began 24 months ago. Today, May 29, 2025, offers our administration the opportunity to share again how far we have gone and our progress in steering our country along the critical path of socio-economic development.
When we embarked on this journey, propelled by a burst of hope and abiding faith in Nigeria’s unity and progress, I made a pledge before God and fellow countrymen and women to confront Nigeria’s challenges head-on by rebuilding trust, fostering prosperity, and restoring our nation’s economic health. Today, I proudly affirm that our economic reforms are working. We are on course to building a greater, more economically stable nation.
Under our Renewed Hope Agenda, our administration pledged to tackle economic instability, improve security nationwide, reduce corruption, reform governance, and lift our people out of poverty.
While implementing the reforms necessary to strengthen our economy and deliver shared prosperity, we have remained honest by acknowledging some of the difficulties experienced by our compatriots and families. We do not take your patience for granted. I must restate that the only alternative to the reforms our administration initiated was a fiscal crisis that would have bred runaway inflation, external debt default, crippling fuel shortages, a plunging Naira, and an economy in a free-fall.
Despite the bump in the cost of living, we have made undeniable progress.
Inflation has begun to ease, with rice prices and other staples declining. The oil and gas sector is recovering; rig counts are up by over 400% in 2025 compared to 2021, and over $8 billion in new investments have been committed. We have stabilised our economy and are now better positioned for growth and prepared to withstand global shocks.
In 2025, we remain on track with our fiscal targets. Gross proceeds per barrel from crude oil are broadly aligned with our forecasts as we intensify our efforts to ramp up production. Our fiscal deficit has narrowed sharply from 5.4% of GDP in 2023 to 3.0% in 2024. We achieved this through improved revenue generation and greater transparency in government finances. In the first quarter of this year, we recorded over N6 trillion in revenue.
We have discontinued Ways & Means financing, which has been a major contributor to high and sticky inflation. The NNPC, no longer burdened by unsustainable fuel subsidies, is now a net contributor to the Federation Account. We are also achieving fuel supply security through local refining.
Our debt position is improving. While foreign exchange revaluation pushed our debt-to-GDP ratio to around 53%, our debt service-to-revenue ratio dropped from nearly 100% in 2022 to under 40% by 2024. We paid off our IMF obligations and grew our net external reserves by almost 500% from $4 billion in 2023 to over $23 billion by the end of 2024.
Thanks to our reforms, state revenue increased by over N6 trillion in 2024, ensuring that subnational governments can reduce their debt burden, meet salaries and pension obligations on a timely basis, and invest more in critical infrastructure and human capital development.
One of our administration’s most impactful achievements is our bold tax reform agenda, which is already yielding results. By the end of 2024, our tax-to-GDP ratio rose from 10% to over 13.5%, a remarkable leap in just one year. This was not by accident. It results from deliberate improvement in our tax administration and policies designed to make our tax system fairer, more efficient, and more growth-oriented.
We are eliminating the burden of multiple taxation, making it easier for small businesses to grow and join the formal economy. The tax reforms will protect low-income households and support workers by expanding their disposable income. Essential goods and services such as food, education, and healthcare will now attract 0% VAT. Rent, public transportation, and renewable energy will be fully exempted from VAT to reduce household costs further.
We are ending the era of wasteful and opaque tax waivers. Instead, we have introduced targeted and transparent incentives supporting high-impact manufacturing, technology, and agriculture sectors. These reforms are not just about revenue but about stimulating inclusive economic growth.
There is a deliberate focus on our youth, who a friendlier tax environment for digital jobs and remote work will empower. Through export incentives, Nigerian businesses will be able to compete globally. Our National Single Window project streamlines international trade, reduces delays, and enhances Nigeria’s competitiveness.
To promote fairness and accountability, we are establishing a Tax Ombudsman, an independent institution that will protect vulnerable taxpayers and ensure the system works for everyone, especially small businesses.
Most importantly, we are laying the foundation for a more sustainable future by introducing a new national fiscal policy. This strategic framework will guide our approach to fair taxation, responsible borrowing, and disciplined spending.
These reforms are designed to reduce the cost of living, promote economic justice, and build a business-friendly economy that attracts investment and supports every Nigerian. Together, we are creating a system where prosperity is shared, and no one is left behind.
We have breathed new life into the Solid Minerals sector as part of our efforts to diversify the economy. Revenue has increased phenomenally, and investors are setting up processing plants as the sector dumps the old pit-to-port policy and embraces a new value-added policy.
We have also repositioned our health sector despite all odds.
Over 1,000 Primary Health Centres are being revitalised nationwide. An additional 5,500 PHCs are being upgraded under our Renewed Hope Health Agenda. We are establishing Six new cancer treatment centres. Three are ready. We offer free dialysis services in pilot tertiary hospitals and subsidise the service in others. Under the Presidential Maternal Health Initiative, over 4,000 women have undergone free cesarean sections. Lastly, we have expanded Health Insurance Coverage from 16 million to 20 million within two years.
As a result of our bold and deliberate policies, the economy is growing stronger again. Real GDP rose by 4.6% in Q4 2024, with full-year growth of 3.4%. This is one of the strongest in a decade.
Without a responsive and reliable national security infrastructure that can protect lives and properties, our economy will not perform optimally, and those who seek to harm us will impair and disrupt our way of life. Our administration is committed to the security and safety of our people. For our government, protecting our people and their peaceful way of life is the utmost priority.
Since I assumed our country’s leadership, our administration has improved collaboration among security agencies, increased intelligence-driven operations, and better ensured the welfare of our armed forces and security personnel. I use this opportunity to salute the courage and everyday sacrifice of our service men and women. We may not always witness the tremendous efforts they make to keep us safe, but we benefit every day from the results of their dedication. Even if we do not thank them often enough, they willingly face danger so we can go about our lives freely and without fear.
Our military, police, and intelligence agencies are committed to always responding to emerging security threats and new challenges because it is the patriotic duty they owe a grateful nation.
Amid the new security challenges, we can report some successes. In some areas of the northwest, hitherto under the control of bandits, our gallant armed forces have restored order, reducing and eliminating threats to lives and livelihoods. With the success achieved, farmers are back tilling the land to feed us. Highways, hitherto dangerous for travellers, have become safer. Our security agencies have succeeded many times in rescuing the abducted citizens from the hands of their tormentors. I promise you, we shall remain vigilant, as I told security chiefs during the last meeting to up their game and collaborate to end this plague of evil men. Every Nigerian deserves to live without fear.
Outside of Security, we have prioritised human capital development as a central pillar of our national development strategy.
To this end, we have significantly expanded access to quality education through infrastructure investments and the student loan scheme to support indigent students in tertiary institutions. Through the Renewed Hope Health initiative, our administration has begun equipping health facilities and deploying skilled personnel to unserved areas. We are also strengthening our response to public health threats and implementing targeted social investment schemes.
Our youth empowerment initiatives include access to funds, skill development, and creating employment opportunities. Through our MSME support, we empower the next generation and bridge inequality. In our mission to empower the next generation, we have taken bold steps to place young Nigerians at the heart of national development. Nowhere is this more evident than at the National Agency for Science and Engineering Infrastructure (NASENI), where the current management is making giant strides. NASENI has embraced a digital-first approach, introduced real-time dashboards, and implemented end-to-end e-procurement through its Unified ERP System—setting a new governance benchmark for public institutions.
Through bold, high-impact programmes like Innovate Naija, Irrigate Nigeria, the Asset Restoration Programme, and the Renewable Energy and Innovation Park in Gora, NASENI drives inclusive industrialisation at scale. From assembling electric vehicles and reviving idle assets to launching Africa’s most advanced Rapid Diagnostic Kit Factory and training female drone engineers through the NASCAV programme, these initiatives are creating jobs, restoring dignity to work, and opening up a future of possibilities for our youth. This is the movement we promised—a government of action powered by the energy and innovation of young Nigerians.
Agriculture and food security are top priorities of our Renewed Hope Agenda. We have launched aggressive initiatives to boost local food production, support farmers, and stabilise food prices. We have also invested in mechanised farming by procuring thousands of tractors, other farming tools, and fertilisers.
Under the Renewed Hope Agenda, the federal government has continued with major road construction and rehabilitation projects across all geopolitical zones, from the Abuja-Kaduna-Zaria-Kano Dual Carriageway, the 9th Mile-Oturkpo-Makurdi Road, the Lagos-Calabar Coastal Highway, Abuja-Lokoja-Benin Road, Enugu-Onitsha Expressway, Oyo-OgbomosoRoad, Sokoto-Badagry Road, Enugu-Port Harcourt Expressway, Second Niger Bridge Access Road to Bodo-Bonny Road among hundreds of ongoing road projects across the country.
We have launched initiatives to improve electricity generation by upgrading generation and transmission infrastructure and investing in off-grid solar energy to power our homes, business premises, industries, schools and hospitals.
In the spirit of democracy and national renewal, we are preparing to welcome the world to Nigeria soon for the Motherland Festival. This landmark gathering will spotlight our rich heritage, dynamic creative industries, and the vibrant energy of our people. It will showcase Nigeria’s beauty through tourism, culture, and innovation, inviting the world to rediscover our nation.
The Nigerian diaspora plays a vital role in our national transformation. Their expertise, investment, and global perspective are key to shaping the future we seek. In recognition, the government has introduced policies like the diaspora bond and the non-resident Bank Verification Number to make it easier for Nigerians abroad to invest, engage, and contribute meaningfully to the country’s progress.
The Motherland Festival will bring together voices from across the continent and the diaspora in a decisive moment of unity and purpose, affirming that Nigeria is not only a leader in Africa but a committed global partner ready to engage, inspire, and lead.
Once again, I acknowledge the sacrifices many Nigerians have made and continue to make as we reposition our country, not just for today but for generations yet unborn. Our journey is not over, but our direction is clear. So is our resolve to tackle emerging challenges. By the Grace of God, we are confident that the worst is behind us. The real impact of our governance objectives is beginning to take hold. The future is bright, and together, we will build a stronger, more inclusive Nigeria that we can all be proud of.
Thank you all, and May God continue to bless the Federal Republic of Nigeria.
President Bola Tinubu has outlined his achievements in office over the last two years, stating that he has not only improved security but also expanded the economy, with the country’s external reserves increasing by almost 500% from $4 billion in 2023 to over $23 billion by the end of 2024.
In a statement to celebrate his mid-term in office, the president also explained why his government removed fuel subsidies and devalued the naira.
The achievements claimed by Tinubu were, however, dismissed by opposition political parties, including Peoples Democratic Party, PDP,; Labour Party, LP; and Coalition of United Political Parties, CUPP, which described his government as the worst so far produced in the country.
Tinubu said: ”Two years ago, you entrusted me with the sacred responsibility to lead our nation at a time of historic challenges. Together, we have faced these headwinds with courage and determination
“The economic and general situation of the country I inherited required that we redirect the country’s affairs with a bold and new vision. I immediately implemented two necessary policies to stop our country from further drifting into the precipice.
“It was apparent that if the Federal Government and the other two tiers of government must remain viable and cater to the citizens’ welfare, we must do away with decades-long fuel subsidies and the corruption-ridden multiple foreign exchange windows. The two were no longer sustainable and have become a chokehold on our nation’s neck, strangling our nation’s future.
“While our administration has implemented reforms to restore and reinvigorate our national economy and strengthen our social fabric as a strong and united country, I must thank my fellow citizens for your unrelenting support and belief in the grand vision we share to uplift our nation and renew our collective hopes and aspirations.
‘’We are halfway through the journey that began 24 months ago. Today, May 29, 2025, offers our administration the opportunity to share again how far we have gone and our progress in steering our country along the critical path of socio-economic development.
‘’When we embarked on this journey, propelled by a burst of hope and abiding faith in Nigeria’s unity and progress, I made a pledge before God and fellow countrymen and women to confront Nigeria’s challenges head-on by rebuilding trust, fostering prosperity, and restoring our nation’s economic health.
“Today, I proudly affirm that our economic reforms are working. We are on course to building a greater, more economically stable nation.
“Under our Renewed Hope Agenda, our administration pledged to tackle economic instability, improve security nationwide, reduce corruption, reform governance, and lift our people out of poverty.
‘’While implementing the reforms necessary to strengthen our economy and deliver shared prosperity, we have remained honest by acknowledging some of the difficulties experienced by our compatriots and families. We do not take your patience for granted.
“I must restate that the only alternative to the reforms our administration initiated was a fiscal crisis that would have bred runaway inflation, external debt default, crippling fuel shortages, a plunging Naira, and an economy in a free-fall. Despite the bump in the cost of living, we have made undeniable progress.
“Inflation has begun to ease, with rice prices and other staples declining. The oil and gas sector is recovering; rig counts are up by over 400% in 2025 compared to 2021, and over $8 billion in new investments have been committed. We have stabilised our economy and are now better positioned for growth and prepared to withstand global shocks.
We’re on track
‘’In 2025, we remain on track with our fiscal targets. Gross proceeds per barrel from crude oil are broadly aligned with our forecasts as we intensify our efforts to ramp up production. Our fiscal deficit has narrowed sharply from 5.4% of GDP in 2023 to 3.0% in 2024.
“We achieved this through improved revenue generation and greater transparency in government finances. In the first quarter of this year, we recorded over N6 trillion in revenue.
“We have discontinued Ways and Means financing, which has been a major contributor to high and sticky inflation. The NNPC, no longer burdened by unsustainable fuel subsidies, is now a net contributor to the Federation Account. We are also achieving fuel supply security through local refining.
“Our debt position is improving. While foreign exchange revaluation pushed our debt-to-GDP ratio to around 53%, our debt service-to-revenue ratio dropped from nearly 100% in 2022 to under 40% by 2024. We paid off our IMF obligations and grew our net external reserves by almost 500% from $4 billion in 2023 to over $23 billion by the end of 2024.
‘’Thanks to our reforms, state revenue increased by over N6 trillion in 2024, ensuring that sub-national governments can reduce their debt burden, meet salaries and pension obligations on a timely basis, and invest more in critical infrastructure and human capital development.
“One of our administration’s most impactful achievements is our bold tax reform agenda, which is already yielding results. By the end of 2024, our tax-to-GDP ratio rose from 10% to over 13.5%, a remarkable leap in just one year.
“This was not by accident. It results from deliberate improvement in our tax administration and policies designed to make our tax system fairer, more efficient, and more growth-oriented.
‘’We are eliminating the burden of multiple taxation, making it easier for small businesses to grow and join the formal economy. The tax reforms will protect low-income households and support workers by expanding their disposable income. Essential goods and services such as food, education, and healthcare will now attract 0% VAT. Rent, public transportation, and renewable energy will be fully exempted from VAT to reduce household costs further.
‘’We are ending the era of wasteful and opaque tax waivers. Instead, we have introduced targeted and transparent incentives supporting high-impact manufacturing, technology, and agriculture sectors. These reforms are not just about revenue but about stimulating inclusive economic growth.
“There is a deliberate focus on our youth, who a friendlier tax environment for digital jobs and remote work will empower. Through export incentives, Nigerian businesses will be able to compete globally. Our National Single Window project streamlines international trade, reduces delays, and enhances Nigeria’s competitiveness.
‘’To promote fairness and accountability, we are establishing a Tax Ombudsman, an independent institution that will protect vulnerable taxpayers and ensure the system works for everyone, especially small businesses.
“Most importantly, we are laying the foundation for a more sustainable future by introducing a new national fiscal policy. This strategic framework will guide our approach to fair taxation, responsible borrowing, and disciplined spending.
“These reforms are designed to reduce the cost of living, promote economic justice, and build a business-friendly economy that attracts investment and supports every Nigerian. Together, we are creating a system where prosperity is shared, and no one is left behind.
‘’We have breathed new life into the solid minerals sector as part of our efforts to diversify the economy. Revenue has increased phenomenally, and investors are setting up processing plants as the sector dumps the old pit-to-port policy and embraces a new value-added policy. We have also repositioned our health sector despite all odds.
“Over 1,000 Primary Health Centres are being revitalised nationwide. An additional 5,500 PHCs are being upgraded under our Renewed Hope Health Agenda. We are establishing Six new cancer treatment centres.
“Three are ready. We offer free dialysis services in pilot tertiary hospitals and subsidise the service in others. Under the Presidential Maternal Health Initiative, over 4,000 women have undergone free cesarean sections. Lastly, we have expanded Health Insurance Coverage from 16 million to 20 million within two years.
Economy growing stronger
’As a result of our bold and deliberate policies, the economy is growing stronger again. Real GDP rose by 4.6% in Q4 2024, with full-year growth of 3.4%. This is one of the strongest in a decade.
“Without a responsive and reliable national security infrastructure that can protect lives and properties, our economy will not perform optimally, and those who seek to harm us will impair and disrupt our way of life. Our administration is committed to the security and safety of our people. For our government, protecting our people and their peaceful way of life is the utmost priority.
“Since I assumed our country’s leadership, our administration has improved collaboration among security agencies, increased intelligence-driven operations, and better ensured the welfare of our armed forces and security personnel.
‘’I use this opportunity to salute the courage and everyday sacrifice of our service men and women. We may not always witness the tremendous efforts they make to keep us safe, but we benefit every day from the results of their dedication. Even if we do not thank them often enough, they willingly face danger so we can go about our lives freely and without fear.
‘’Our military, police, and intelligence agencies are committed to always responding to emerging security threats and new challenges because it is the patriotic duty they owe a grateful nation.
“Amid the new security challenges, we can report some successes. In some areas of the North-West, hitherto under the control of bandits, our gallant armed forces have restored order, reducing and eliminating threats to lives and livelihoods.
“With the success achieved, farmers are back tilling the land to feed us. Highways, hitherto dangerous for travellers, have become safer. Our security agencies have succeeded many times in rescuing the abducted citizens from the hands of their tormentors.
‘’I promise you, we shall remain vigilant, as I told security chiefs during the last meeting to up their game and collaborate to end this plague of evil men. Every Nigerian deserves to live without fear.
‘’Outside of security, we have prioritised human capital development as a central pillar of our national development strategy.
‘’To this end, we have significantly expanded access to quality education through infrastructure investments and the student loan scheme to support indigent students in tertiary institutions. Through the Renewed Hope Health initiative, our administration has begun equipping health facilities and deploying skilled personnel to unserved areas.
‘’We are also strengthening our response to public health threats and implementing targeted social investment schemes.
“Our youth empowerment initiatives include access to funds, skills development, and creating employment opportunities. Through our MSME support, we empower the next generation and bridge inequality.
“In our mission to empower the next generation, we have taken bold steps to place young Nigerians at the heart of national development.
“Nowhere is this more evident than at the National Agency for Science and Engineering Infrastructure, NASENI, where the current management is making giant strides. NASENI has embraced a digital-first approach, introduced real-time dashboards, and implemented end-to-end e-procurement through its Unified ERP System—setting a new governance benchmark for public institutions.
“Through bold, high-impact programmes like Innovate Naija, Irrigate Nigeria, the Asset Restoration Programme, and the Renewable Energy and Innovation Park in Gora, NASENI drives inclusive industrialisation at scale.
“From assembling electric vehicles and reviving idle assets to launching Africa’s most advanced Rapid Diagnostic Kit Factory and training female drone engineers through the NASCAV programme, these initiatives are creating jobs, restoring dignity to work, and opening up a future of possibilities for our youth.
‘’This is the movement we promised—a government of action powered by the energy and innovation of young Nigerians.
“Agriculture and food security are top priorities of our Renewed Hope Agenda. We have launched aggressive initiatives to boost local food production, support farmers, and stabilise food prices. We have also invested in mechanised farming by procuring thousands of tractors, other farming tools, and fertilisers.
“Under the Renewed Hope Agenda, the federal government has continued with major road construction and rehabilitation projects across all geopolitical zones, from the Abuja-Kaduna-Zaria-Kano Dual Carriageway, the 9th Mile-Oturkpo-Makurdi Road, the Lagos-Calabar Coastal Highway, Abuja-Lokoja-Benin Road, Enugu-Onitsha Expressway, Oyo-OgbomosoRoad, Sokoto-Badagry Road, Enugu-Port Harcourt Expressway, Second Niger Bridge Access Road to Bodo-Bonny Road among hundreds of ongoing road projects across the country.
“We have launched initiatives to improve electricity generation by upgrading generation and transmission infrastructure and investing in off-grid solar energy to power our homes, business premises, industries, schools and hospitals.
‘’In the spirit of democracy and national renewal, we are preparing to welcome the world to Nigeria soon for the Motherland Festival. This landmark gathering will spotlight our rich heritage, dynamic creative industries, and the vibrant energy of our people. It will showcase Nigeria’s beauty through tourism, culture, and innovation, inviting the world to rediscover our nation.
“The Nigerian Diaspora plays a vital role in our national transformation. Their expertise, investment, and global perspective are key to shaping the future we seek. In recognition, the government has introduced policies like the diaspora bond and the non-resident Bank Verification Number to make it easier for Nigerians abroad to invest, engage, and contribute meaningfully to the country’s progress.
“The Motherland Festival will bring together voices from across the continent and the diaspora in a decisive moment of unity and purpose, affirming that Nigeria is not only a leader in Africa but a committed global partner ready to engage, inspire, and lead.”
APC, PDP, LP, CUPP disagree
Meanwhile, opposition political parties, including the Peoples Democratic Party, PDP, Labour Party, LP, and the Coalition of United Political Parties, CUPP, have disagreed with Tinubu and the All Progressives Congress, APC, over the president’s performance so far.
While the APC said the President is on track in delivering dividends of democracy to Nigerians, the opposition parties faulted the ruling party.
This came on a day former President Muhammadu Buhari warned that necessary reforms and desired changes must not fall victim to domestic politics.
President Tinubu took over the mantle of office on May 29, 2023, after being declared winner of the presidential election by the Independent National Electoral Commission, INEC.
However, mixed reactions have greeted the administration’s performance in the last two years in office.
Tinubu must apologise, step aside over failures — PDP
Citing the administration’s failure to address critical national challenges, the PDP called on President Tinubu to apologise to Nigerians and outline a clear exit plan from office.
The opposition party accused Tinubu of deepening the country’s economic hardship, security crisis, and democratic decline during his two years in office.
The party’s Deputy National Youth Leader, Mr Timothy Osadolor, while commenting on President Tinubu’s two-year tenure in a chat with Vanguard, described the administration’s performance as ‘tragic and astonishing.’
Osadolor said: “I wouldn’t want to paint a picture of utter despair but the situation is undeniably sad.
“It is both tragic and astonishing that Tinubu’s government has descended from the ridiculous to the unimaginable. For a man who has long presented himself as a champion of democracy, it is deeply shameful that lawlessness has become the order of the day under his leadership.
“In a functioning democracy, one would expect the president to question why legitimate court orders are being disregarded. This is the first count against his administration.
“His first major statement, announcing the removal of subsidy, was made without caution or consideration.
“No responsible leader in a civilised society would make such a reckless declaration without anticipating its devastating consequences. The ensuing spiral in the value of the naira and the skyrocketing prices of commodities left the economy in shambles.
‘’Today, the value of a Nigerian life is tragically diminished, comparable to that of those who rank among the least employed globally.
“President Tinubu should use his second-anniversary address to apologise to Nigerians for his failure to deliver on his ‘renewed hope’ mandate.
“His tenure has only deepened the hopelessness left by his predecessor, Muhammadu Buhari. Such an apology must be sincere and purposeful, not merely a gesture of political correctness.”
Our govt would have done better – LP
The Julius Abure-led Labour Party, LP, said the party would have done a better job of managing Nigeria than the APC-led administration has done within the last two years.
National Publicity Secretary of the party, Obiora Ifoh, in a chat with Vanguard, said: “Nigerians are now in a better position to appreciate what we said before the 2023 elections. We foresaw the hardship, poverty and economic downturn being suffered by Nigerians today.
“Nigerians are better qualified to answer questions on whether their lives are better now than it was two years ago. How much is a bag of rice today when compared to what it was two years ago?
“Are we now more secure on our roads and at home? What about the purchasing power of our citizens, is it better?
“We make bold to say a Labour Party government would have done a better job of managing the economy and improving the lives of Nigerians.
“Today, the naira, which exchanged for N167 to a dollar at some point, is now exchanging for over N1,600; petrol which sold for N87 per liter now sells for over N1,000 per litre; with nearly 40 per cent inflation which has now reached over 42 per cent.
“Do we begin to talk about youth unemployment and the rise in all forms of criminality? It will not be entirely correct to say the government did nothing in two years, it has borrowed more than any government before it. Do we have value for money?”
It’s the worst in Nigeria’s history — CUPP
On its part, the Coalition of United Political Parties, CUPP, said the two years of the Tinubu administration represented the worst period in Nigeria’s history since 1960.
CUPP, in a statement by its National spokesperson, Mr Mark Adebayo, said: “Two years ago, severe hunger came to town in Nigeria through President Bola Tinubu., insecurity became exacerbated.
“Youth joblessness assumed exponential implosion. Out-of-school children statistics jumped from twenty million to almost forty million. Inflation has lept to over 36%. Nigeria’s diplomatic missions abroad have been inactive because no ambassadors to represent the country has been posted. Nigeria has become a sleeping partner in the comity of nations.
“The people in Benue and Plateau states and other parts of the country are being murdered in cold blood en masse daily by an invading army of terrorists, killer herders, and bold kidnappers. Even Abuja, the seat of government, is not safe from these predators who daily prey on innocent and defenceless Nigerians.
“Our health institutions are now worse than mere consulting centres as the country’s medicare has collapsed. The masses bear the heavy burden of Nigeria’s health sector crises as our president and his cabinet find solace abroad with their families for medical treatment.
“Nigerians are already tired of this government and have rejected President Tinubu due to his atrocious economic and anti-people policies for the past two years.
‘’Nigerians are aware that a second term for President Tinubu would be extremely disastrous and are already looking out for a credible alternative to replace him in 2027. Nigerians cannot afford affliction to rise a second time.
“The opposition is poised to avail Nigerians a competent, patriotic, compassionate, creative president with a revolutionary mindset to fix Nigeria’s myriads of problems within the shortest possible time.”
We’re on track, says APC
The ruling APC, however, fired back and expressed confidence in the Tinubu-led administration, saying in the last two years, the president had set the nation on the right track.
The party’s Deputy National Organizing Secretary, Nze Chidi Duru, said the president has achieved a lot within the period under review.
Duru noted that even where mistakes were made, the president has taken deliberate steps to reverse such.
He said: “A lot has been achieved two years down the line and still another two years to go. The lessons of the past will also come in handy, going into the remaining two years. So, we wait for the next two years to see what happens but I can already think that in a way, it will be with confidence and the impact of the reforms will begin to bear fruits.
“I believe Mr President when he said he didn’t covet the office, he wanted it. He knows what to do with it and that is a very categorical statement, meaning he has an eye on history, and how history will reckon and register him. That gives a major confidence.
“Mr President is on the right track and where there are mistakes, efforts to correct them are being made and then in a way, that is to the benefit of Nigerians.”
Reforms must not fall victim to domestic politics — Buhari
Meanwhile, former President Muhammadu Buhari has warned that necessary reforms and desired changes must not fall victim to nettlesome domestic politics.
Buhari said as the party and government celebrate, the country should be reminded that leadership was a continuous journey.
The former President in a statement by his Media Aide, Mallam Garba Shehu, called for steadfast support for the APC government as it marks its second year in office, explaining that reforms would achieve success gradually, not overnight.
The statement read: “He (Buhari) expressed support for the ongoing efforts by the administration to curb poverty and inflation, which he says have hit the poorest families the hardest adding, however, the task of reducing poverty and inflation which is immense, mustn’t be left only for the government.
“The private sector and all of us as citizens must join in all ways we can. Our expectations from our governments should not get heavy.
“I am wishing President Tinubu heartfelt congratulations on his two years in office.”
[Vanguard]
Elon Musk says he is leaving the Donald Trump administration after four months as head of the department of government efficiency (DOGE).
Musk announced his decision late Wednesday evening, thanking Trump for the opportunity to reduce wasteful spending.
The Tesla CEO said DOGE will, however, continue.
News of Musk stepping down caused a stir, largely because of his close relationship with Trump.
But a retweet from the X CEO’s account stated that the departure had not strained his friendship with the president.
“In the coming days, legacy media will try to convince you that President Trump and Elon Musk are no longer friends and that’s why Musk left,” the post reads.
“What they won’t tell you is that Elon was a Special Government Employee, limited to 130 days of service and that term ends tomorrow.”
Musk’s exit comes a day after he spoke out against a Trump-backed spending bill. The president called it a “Big Beautiful Bill”.
In an unusual criticism of the president, the tech tycoon said he was “disappointed to see the massive spending bill, frankly, which increases the deficit, not just decreases it, and undermines the work that the DOGE team is doing”.
“I think a bill can be big, or it can be beautiful, but I don’t know if it can be both, in my personal opinion,” Musk added.
Before Trump was elected, Musk, who played a significant role in seeing him win back the White House, pitched a government cost-cutting initiative multiple times.
Since January 20 when Trump was inaugurated, DOGE has shrunk 11 federal agencies, forcing about 250,000 federal workers out of their jobs.
The agency also claimed to have saved taxpayers $160 billion. Its promise was to save $2 trillion.
A budget model designed by the University of Pennsylvania which tracks weekly treasury data showed that the US government has spent more than it did during the same period last year.
Trump has yet to publicly react to Musk’s departure, marking another bump in the tumultuous relationship between the two-time American president and the world’s richest man.
Musk heavily criticised Trump during his first term.
In recent times, their relationship morphed into a rapid friendship.
A few months earlier, the billionaire tech entrepreneur said he loved Trump as much as a straight man can love another man.
[TheCable]
In 2018 when I took this picture with you , you spoke concerning Africa and why our continent must improve and develop. I remember telling you that as a student of Theatre Arts, I acted the character - ‘Asinjo’ who was in a relationship with Wanjiro, the daughter of Njango in “I will Marry When I Want” - which you wrote.
Later that evening, we drank palm wine together, while you pleaded that writers should write in their indigenous languages for sustainability and identity.
As you exit this arena of life, your literary contributions to the well being of humanity will continue to resonate amid the chaos of existence. Especially, when you said that, “Our lives are a battlefield on which is fought a continuous war between the forces that are pledged to confirm our humanity and those determined to dismantle it.”
Once again, Rest In Peace Africa’s Great!
Posterity will never forget you.
Ozi Okoli
Over 10,000 people killed across Nigeria in Tinubu’s first two years as president – Amnesty International
AFOLABI
Nigeria's security situation has dramatically deteriorated during President Bola Tinubu's first two years in office, with armed groups and bandits killing more than 10,000 people across seven states, according to a comprehensive investigation by Amnesty International.
The human rights organization documented at least 10,217 deaths between May 2023 and May 2025 in Benue, Edo, Katsina, Kebbi, Plateau, Sokoto, and Zamfara states. Benue State recorded the highest casualties with 6,896 deaths, while Plateau State saw 2,630 people killed during this period.
New Armed Groups Emerge
The security landscape has become increasingly complex with the emergence of new militant organizations, including Lakurawa in Sokoto and Kebbi states, and Mamuda in Kwara State. These groups have joined existing threats like Boko Haram in terrorizing rural communities across Nigeria's northern regions.
Isa Sanusi, director of Amnesty International Nigeria, criticized the government's response to the crisis. "President Tinubu must fulfill his promises to Nigerians and urgently address the resurgence of the nation's endemic security crisis," Sanusi stated, noting that security measures implemented by the current administration have proven ineffective.
Villages Under Siege
The investigation revealed that 672 villages have been destroyed by bandits across three states, with entire communities forced to abandon their homes. In Zamfara State alone, 481 villages have been sacked while 529 villages remain under bandit control across 13 local government areas.
Daily attacks have become commonplace in Zamfara, with multiple incidents sometimes occurring within 24 hours. The state has recorded 273 deaths and 467 abductions over the past two years, with women and girls comprising the majority of kidnapping victims.
Systematic Destruction
The violence extends beyond killings to systematic destruction of infrastructure. In Benue State, attackers have deliberately targeted essential services, destroying boreholes, medical clinics, schools, grain reserves, and places of worship. All 23 local government areas in the state have experienced such attacks, with 148 villages completely destroyed across seven local governments.
The April 3 attack on Bokkos local government in Plateau State exemplified the brutality, with entire families murdered including children. Between March 27 and April 2, 2025, coordinated assaults targeted five communities simultaneously: Daffo, Gwande, Hurti, Manguna, and Ruwi.
Humanitarian Emergency Looms
The violence has displaced over 515,000 people across the affected regions, creating a looming humanitarian crisis. Benue State alone accounts for 450,000 internally displaced persons, while Plateau State has 65,000 displaced residents. Many communities have been forced to relocate multiple times as attackers target displacement camps and schools serving as shelters.
The displacement of farming communities threatens food security, as agricultural production has been severely disrupted. In Zamfara State's Dangulbi district, farmers watch their sweet potato harvests rot because bandits prevent transportation to markets. Many displaced persons have resorted to begging for survival.
Economic Extortion
Beyond physical violence, armed groups have implemented systematic extortion schemes, demanding tribute payments from rural communities via telephone. Residents face death threats if they fail to meet payment deadlines, creating a climate of economic terrorism alongside physical intimidation.
One resident from Maru local government in Zamfara State described the government's inadequate response: "The only relationship between us and the government is that they issue media statements after we are attacked and killed. When the next attack comes, they will issue another empty statement, while bandits escalate their atrocities."
International Obligations Unfulfilled
Under international human rights law, Nigeria's government has clear obligations to protect citizens' lives and ensure accountability for perpetrators. Amnesty International argues that authorities are systematically failing these responsibilities, creating a cycle of impunity that emboldens further violence.
The organization emphasized that time is running out as attacks continue to escalate daily across multiple states. The failure to hold suspected perpetrators accountable has created an environment where citizens feel completely unsafe, with insurgents and bandits increasingly bold in their operations.
Call for Action
Amnesty International demands immediate concrete action from Nigerian authorities to match their public commitments with effective security measures. The organization has monitored banditry attacks and farmer-herder conflicts since 2016, previously documenting government failures to protect rural communities in a 2020 investigation.
The current crisis represents a significant escalation of Nigeria's long-standing security challenges, with the emergence of new armed groups and the systematic nature of attacks marking a dangerous evolution in the country's instability. Without immediate and comprehensive intervention, the situation threatens to spiral into an even more severe humanitarian catastrophe.
There was widespread anger and frustration on Wednesday among parents and school owners in Taraba State after candidates of the West African Senior School Certificate Examination (WASSCE) sat for their English paper late into the night, leaving the examination hall around midnight.
The examination, which was initially scheduled for earlier in the day, was inexplicably delayed by the examination body until about 9:00 p.m., with no official explanation provided.
The majority of the candidates, most of whom are teenagers, were visibly exhausted and wrote the paper under extreme stress.
Despite a heavy downpour, school owners and parents were forced to transport their wards to the examination venues at a time when many would normally be asleep.
A school proprietor who spoke with Vanguard confirmed that her students completed their exams at midnight. She expressed concern over the emotional and physical toll on the students, many of whom had been waiting in school throughout the day.
“As teenagers, they needed to be well-fed and in the right frame of mind to write such a critical paper. I had to take full responsibility for their welfare,” she said.
The proprietor also criticized the poor logistical arrangements by the examination body, revealing that she personally drove out in the rain at night to pick up exam supervisors to ensure the examination could eventually hold.
“I had to buy 30 litres of fuel to power the generator so the hall would be properly lit. This wasn’t part of our plan or budget, and we hope it doesn’t happen again.”
Vanguard gathered that while some students managed to return home around midnight, others who couldn’t had to spend the night in school.
The incident has drawn outrage from both parents and educators, who are calling on the West African Examinations Council (WAEC) to investigate the delay and ensure such a situation does not repeat itself.
Senate asks security agencies to increase surveillance around Taraba, Plateau, Bauchi borders
Senators yesterday linked the current upsurge in banditry and Boko Haram activities to the 2027 elections.
Speaking during discussions on a motion of urgent importance on the many cases of Boko Haram and arm banditry, sponsored by Senator Shuaibu Isa Lau, PDP, Taraba North, both Senators Sunday Karimi, APC, Kogi West and Danjuma Goje, APC, Gombe Central, urged the federal government to look deeper into cases of Boko Haram and the 2027 elections, saying a similar trend trailed the 2015 elections.
Senator Karimi warned that there were similar cases before the 2015 election, where some individuals prepared for violence in case they lost at the polls.
“In the last two weeks alone, several individuals from my senatorial district, up to 20, 25, even 30, have been kidnapped. You may recall that the governor of Borno State recently stated that the resurgence of Boko Haram has been linked to some disgruntled elements within the country, including some individuals in the military, who are allegedly collaborating with the insurgents. We must ask: why? What is the motive behind this? What do they stand to gain?
“Mr. President, you recently constituted a committee on national security, and I believe this matter must be thoroughly investigated. We cannot allow these disgruntled elements to destabilize the country for selfish political interests.
“We saw similar signs before the 2015 elections, where some individuals prepared for violence in case they lost at the polls. The same pattern appears to be emerging now as we approach the 2027 elections. These attacks may not be random, they may be coordinated efforts by those who feel they are losing political relevance and seek to plunge the country into chaos as a strategy to regain power by force.
“The panel you’ve set up must work closely with our security agencies to expose anyone collaborating with terrorists. These people must be unmasked and held accountable,’’ Karimi said.
On his part, Senator Goje said: “ Mr. President, this isn’t an isolated incident. Crises are erupting across the country, from Karim Lamido to areas in Bauchi, such as Alkaleri, and beyond. We need to ask hard questions: Why now? Why this sudden surge in violence?
“I strongly support Senator Karimi’s call for a deeper investigation. We must determine whether these incidents are linked to the political buildup to 2027. We cannot dismiss this as mere coincidence.
“Yesterday it was Lau. Before that, Alkaleri. Tomorrow, it could be any state in the federation. It’s shameful and deeply troubling that insecurity remains our nation’s greatest challenge.
“Yes, we acknowledge the efforts of the federal government and security agencies. But clearly, it is not enough. We must elevate national security to our top priority and act decisively.”
On his part, the President of the Senate, Senator Godswill Akpabio, who lamented the situation where people were killed on daily basis, said ‘’as a people, we must ensure that such tragedies, where over 70 people are killed in a single attack, never happen again
“May the souls of the departed rest in peace. I urge the security agencies to act on the Senate’s advice deploy more personnel, set up surveillance systems, and take proactive measures.”
Earlier, the Senate urged the security agencies to increase surveillance around the border of Taraba, Plateau and Bauchi states.
It also called on state and local governments to be more proactive and resolute in combating insecurity in affected communities.
The Upper Chamber has asked the National Emergency Management Agency and the North-East Development Commission (NEMA & NEDC) to immediately, as a matter of urgency, provide necessary relief materials to the affected Communities. The Senate observed one minute silence in respect of those who lost their lives during the crisis.
In a major policy shift, the Canadian government has announced new immigration cap, slashing the total number of temporary foreign workers and international students’ visas to less than five percent of its population by 2027.
The move, unveiled during King Charles III’s address at the opening of Canada’s 45th Parliament on Tuesday, is to restore balance to the country’s immigration system and rebuild public trust.
“Canada’s immigration system has long been a source of pride for Canadians and of dynamism for the economy. The government is dedicated to rebuilding the trust of Canadians in immigration by restoring balance to the system,” Britain’s King Charles, who doubles as Canada’s Head of State, said in his throne speech during a live broadcast.
The monarch continued: “The government will cap the total number of temporary foreign workers and international students to less than five percent of Canada’s population by 2027. By doing this, the government will attract the best talent in the world to build our economy, while sending a clear message to Canadians working abroad that there is no better time to come home.”
For Nigerians and other Africans, who have been among the top contributors to Canada’s international student population, Canada’s new immigration cap and policy change could have far-reaching implications.
In 2023, Canada issued 37,630 student visa to Nigerians, a significant 133.7 per cent jump, compared to the previous year in 2022.
Available records also showed that 36,000 temporary work permit were issued to Nigerians as at December 2023.
However, under the new plan, estimates show that the number of international students is expected to decrease to 305,900 annually from 2025 through 2027, while the Temporary Foreign Worker Program will see a reduction, stabilising at 82,000 permits annually during the same period.
These reductions are part of Canada’s broader strategy to address domestic challenges, such as housing shortages and strained public services.
By limiting the influx of temporary residents, the government said it aims to alleviate pressure on infrastructure and ensure sustainable growth.
The Canada’s new immigration cap also reflects a growing sentiment within Canada to prioritize permanent residency pathways over temporary ones.
By capping temporary admissions, the government seeks to encourage a more stable and long-term integration of immigrants into Canadian society.
For prospective Nigerian and African students and workers, this means increased competition for limited spots and a need for strategic planning.
Applicants may need to demonstrate higher qualifications, secure admissions to recognized institutions, or align their skills with sectors experiencing labor shortages to enhance their chances.
The Labour Party (LP) and the Peoples Democratic Party (PDP) suffered fresh setbacks on Wednesday as two members of the House of Representatives, Okolie Lawrence and Akingbaso Olanrewaju, defected to the ruling All Progressives Congress (APC).
Lawrence, who represents Aniocha North/Aniocha South/Oshimili North/Oshimili South federal constituency of Delta State, dumped the LP, stating that his decision to join the APC would “bring governance closer” to his constituents.
Olanrewaju, representing Idanre/Ifedore federal constituency of Ondo State, left the PDP, citing a lingering internal crisis. He said he was aligning himself with the APC’s “ideology and renewed hope agenda” of President Bola Tinubu.
His defection drew a protest from Minority Leader Kingsley Chinda, who raised a point of order, arguing that there was no crisis in the PDP. Speaker Tajudeen Abbas acknowledged the objection but continued with legislative business.
The latest defections are part of a growing trend in the House, where several lawmakers have recently abandoned opposition parties for the APC. The shift has further strengthened the ruling party’s influence in the lower chamber, raising concerns within opposition ranks.
…As youths destroy, burn his palatial house
The sleepy Umumba Ndiagu community in Ezeagu Local Government Area, Enugu State, Tuesday, erupted in anger when the youths of the community alleged a member of the community, said to be a native doctor, known as Ichie Millions, also called Ezeani, who claimed to be a businessman, was using his vast compound for kidnapping and criminal activities.
They also alleged that it was discovered that the native doctor kills and buries people alive in his compound.
To search for the truth, the youths of the community invaded the compound and to their bewilderment, discovered that the native doctor, Ezeani, had soak away pits that were said to be filled with the dead bodies of human beings.
He allegedly kidnapped his victims, including pregnant women and children, and buried them alive for ritual purposes.
The discovery threw the community into shock and sadness prompting the youths to attack and burn his house.
A trending viral video was seen when the youths ransacked the houses in the compound, including what they said was his shrine.
The community was said to have discovered these dastardly acts after Ezeani was alleged to have been caught kidnapping a 13-year-old minor in his community.
This led to a probe of his activities, which further led to the unveiling of a can of worms in his palatial building, parked with exotic cars.
The community alleged that he was found to have buried several victims alive in a soak-away pit in his compound.
13-year-old victim’s story
“My father and I went to fetch firewood, which we will use to fry our garri. His men came and asked my dad for his cutlass, which he gave them. Suddenly, they grabbed me and kept me in a pit they had dug. I then started crying and the Neighborhood Watch operatives heard my cry and came to rescue me,” the little girl rescued from the hands of Ezeani recounted in a viral video.
Also, in another trending viral video, the voice of a shocked member of the community was heard equally recounting the horror.
“We have caught the killers. They kill people. People’s dead bodies are inside here. They have killed a lot of people. We just rescued a 13-year-old child, who they wanted to use for rituals.
“This is happening in Ojor’s house in Umumba Ndiagu, Ezeagu in Enugu State. This is one of them here,” referring to a suspect apprehended at the scene.
The community youths caught a man who claimed he was a security guard and was asked by the native doctor to guard the compound.
He was seen in the video, dumped on the compound, stripped naked, and tied hands and feet, while the youths went about burning and destroying all structures in the compound.
He, however, denied involvement in the killings but is said to have admitted frequenting the native doctor’s residence for ritual purposes.
The suspect who identified the native doctor as Ezeani explained during interrogation by the angry youths: “I am a business person and I came here. After I finished performing some sacrifices, it remained for a water sacrifice to be performed for me.
“I was waiting for everything to be done for me. There are things to be done but I don’t know what he used to do the things, but what they do here is that as a newcomer, they normally send the person on an errand.
“The owner of this place, Daddy Ezeani, asked me to protect this place and scare anyone coming here away.”
Ezeani is said to be currently on the run but it was gathered that his wives were also caught by the community members while his house and cars were all burnt down by the irate youths.
Police launch manhunt for fleeing native doctor
Meanwhile, the police commissioner, Bitrus Giwa, is said to have ordered for a manhunt for the fleeing native doctor.
In a statement by the command’s spokesman, SP Daniel Ndukwe, the Police said: “Police operatives of the Enugu State Command, attached to the Umumba Division, in the early hours of May 27, 2025, at about 3:15 a.m., in collaboration with Neighbourhood Watch personnel and vigilant community members, successfully rescued a 13-year-old girl (name withheld), allegedly kidnapped for ritual murder, at Umuojor village in Ishiagu community of Ezeagu Local Government Area.
“The operation also led to the arrest of three male suspects connected to the crime, namely: Uche Kingsley Agumba, 33; Ilo Nweze Onyedikachi, 36 and Ejike Odinwankpa, 38. The prime suspect, identified as Levi Onyeka Obu nicknamed “Ezeani” and “E-Dey-Play-E-Dey-Show,” a native doctor and prominent member of the community, fled the scene and is currently at large.
“During the rescue, two decomposing bodies, one male and one female, were discovered buried in a concrete-sealed pit within an uncompleted building, owned and used as a shrine and heinous criminal activities by the fleeing prime suspect.
“Investigations reveal that the deceased victims were recently murdered and buried in the pit by the suspects for ritual purposes, and the rescued child was moments away from suffering the same fate before the timely intervention.
“In line with its laws, the Enugu State Government has demolished the buildings owned by the fleeing prime suspect and used for the criminal enterprise.
“The Commissioner of Police, CP Mamman Bitrus Giwa, who promptly visited the crime scene, has commended the efforts of the police operatives, local security groups and community members, whose collaboration ensured the success of the operation.
He has also directed the Command’s Tactical Squads, as well as Investigation and Intelligence Units, to intensify efforts in tracking down the fleeing suspect and other accomplices still at large, with a firm resolve to ensure justice is served.”
More...
President Bola Tinubu has outlined his achievements in office over the last two years, stating that he has not only improved security but also expanded the economy, with the country’s external reserves increasing by almost 500% from $4 billion in 2023 to over $23 billion by the end of 2024.
In a statement to celebrate his mid-term in office, the president also explained why his government removed fuel subsidies and devalued the naira.
The achievements claimed by Tinubu were, however, dismissed by opposition political parties, including Peoples Democratic Party, PDP,; Labour Party, LP; and Coalition of United Political Parties, CUPP, which described his government as the worst so far produced in the country.
Tinubu said: ”Two years ago, you entrusted me with the sacred responsibility to lead our nation at a time of historic challenges. Together, we have faced these headwinds with courage and determination
“The economic and general situation of the country I inherited required that we redirect the country’s affairs with a bold and new vision. I immediately implemented two necessary policies to stop our country from further drifting into the precipice.
“It was apparent that if the Federal Government and the other two tiers of government must remain viable and cater to the citizens’ welfare, we must do away with decades-long fuel subsidies and the corruption-ridden multiple foreign exchange windows. The two were no longer sustainable and have become a chokehold on our nation’s neck, strangling our nation’s future.
“While our administration has implemented reforms to restore and reinvigorate our national economy and strengthen our social fabric as a strong and united country, I must thank my fellow citizens for your unrelenting support and belief in the grand vision we share to uplift our nation and renew our collective hopes and aspirations.
‘’We are halfway through the journey that began 24 months ago. Today, May 29, 2025, offers our administration the opportunity to share again how far we have gone and our progress in steering our country along the critical path of socio-economic development.
‘’When we embarked on this journey, propelled by a burst of hope and abiding faith in Nigeria’s unity and progress, I made a pledge before God and fellow countrymen and women to confront Nigeria’s challenges head-on by rebuilding trust, fostering prosperity, and restoring our nation’s economic health.
“Today, I proudly affirm that our economic reforms are working. We are on course to building a greater, more economically stable nation.
“Under our Renewed Hope Agenda, our administration pledged to tackle economic instability, improve security nationwide, reduce corruption, reform governance, and lift our people out of poverty.
‘’While implementing the reforms necessary to strengthen our economy and deliver shared prosperity, we have remained honest by acknowledging some of the difficulties experienced by our compatriots and families. We do not take your patience for granted.
“I must restate that the only alternative to the reforms our administration initiated was a fiscal crisis that would have bred runaway inflation, external debt default, crippling fuel shortages, a plunging Naira, and an economy in a free-fall. Despite the bump in the cost of living, we have made undeniable progress.
“Inflation has begun to ease, with rice prices and other staples declining. The oil and gas sector is recovering; rig counts are up by over 400% in 2025 compared to 2021, and over $8 billion in new investments have been committed. We have stabilised our economy and are now better positioned for growth and prepared to withstand global shocks.
We’re on track
‘’In 2025, we remain on track with our fiscal targets. Gross proceeds per barrel from crude oil are broadly aligned with our forecasts as we intensify our efforts to ramp up production. Our fiscal deficit has narrowed sharply from 5.4% of GDP in 2023 to 3.0% in 2024.
“We achieved this through improved revenue generation and greater transparency in government finances. In the first quarter of this year, we recorded over N6 trillion in revenue.
“We have discontinued Ways and Means financing, which has been a major contributor to high and sticky inflation. The NNPC, no longer burdened by unsustainable fuel subsidies, is now a net contributor to the Federation Account. We are also achieving fuel supply security through local refining.
“Our debt position is improving. While foreign exchange revaluation pushed our debt-to-GDP ratio to around 53%, our debt service-to-revenue ratio dropped from nearly 100% in 2022 to under 40% by 2024. We paid off our IMF obligations and grew our net external reserves by almost 500% from $4 billion in 2023 to over $23 billion by the end of 2024.
‘’Thanks to our reforms, state revenue increased by over N6 trillion in 2024, ensuring that sub-national governments can reduce their debt burden, meet salaries and pension obligations on a timely basis, and invest more in critical infrastructure and human capital development.
“One of our administration’s most impactful achievements is our bold tax reform agenda, which is already yielding results. By the end of 2024, our tax-to-GDP ratio rose from 10% to over 13.5%, a remarkable leap in just one year.
“This was not by accident. It results from deliberate improvement in our tax administration and policies designed to make our tax system fairer, more efficient, and more growth-oriented.
‘’We are eliminating the burden of multiple taxation, making it easier for small businesses to grow and join the formal economy. The tax reforms will protect low-income households and support workers by expanding their disposable income. Essential goods and services such as food, education, and healthcare will now attract 0% VAT. Rent, public transportation, and renewable energy will be fully exempted from VAT to reduce household costs further.
‘’We are ending the era of wasteful and opaque tax waivers. Instead, we have introduced targeted and transparent incentives supporting high-impact manufacturing, technology, and agriculture sectors. These reforms are not just about revenue but about stimulating inclusive economic growth.
“There is a deliberate focus on our youth, who a friendlier tax environment for digital jobs and remote work will empower. Through export incentives, Nigerian businesses will be able to compete globally. Our National Single Window project streamlines international trade, reduces delays, and enhances Nigeria’s competitiveness.
‘’To promote fairness and accountability, we are establishing a Tax Ombudsman, an independent institution that will protect vulnerable taxpayers and ensure the system works for everyone, especially small businesses.
“Most importantly, we are laying the foundation for a more sustainable future by introducing a new national fiscal policy. This strategic framework will guide our approach to fair taxation, responsible borrowing, and disciplined spending.
“These reforms are designed to reduce the cost of living, promote economic justice, and build a business-friendly economy that attracts investment and supports every Nigerian. Together, we are creating a system where prosperity is shared, and no one is left behind.
‘’We have breathed new life into the solid minerals sector as part of our efforts to diversify the economy. Revenue has increased phenomenally, and investors are setting up processing plants as the sector dumps the old pit-to-port policy and embraces a new value-added policy. We have also repositioned our health sector despite all odds.
“Over 1,000 Primary Health Centres are being revitalised nationwide. An additional 5,500 PHCs are being upgraded under our Renewed Hope Health Agenda. We are establishing Six new cancer treatment centres.
“Three are ready. We offer free dialysis services in pilot tertiary hospitals and subsidise the service in others. Under the Presidential Maternal Health Initiative, over 4,000 women have undergone free cesarean sections. Lastly, we have expanded Health Insurance Coverage from 16 million to 20 million within two years.
Economy growing stronger
’As a result of our bold and deliberate policies, the economy is growing stronger again. Real GDP rose by 4.6% in Q4 2024, with full-year growth of 3.4%. This is one of the strongest in a decade.
“Without a responsive and reliable national security infrastructure that can protect lives and properties, our economy will not perform optimally, and those who seek to harm us will impair and disrupt our way of life. Our administration is committed to the security and safety of our people. For our government, protecting our people and their peaceful way of life is the utmost priority.
“Since I assumed our country’s leadership, our administration has improved collaboration among security agencies, increased intelligence-driven operations, and better ensured the welfare of our armed forces and security personnel.
‘’I use this opportunity to salute the courage and everyday sacrifice of our service men and women. We may not always witness the tremendous efforts they make to keep us safe, but we benefit every day from the results of their dedication. Even if we do not thank them often enough, they willingly face danger so we can go about our lives freely and without fear.
‘’Our military, police, and intelligence agencies are committed to always responding to emerging security threats and new challenges because it is the patriotic duty they owe a grateful nation.
“Amid the new security challenges, we can report some successes. In some areas of the North-West, hitherto under the control of bandits, our gallant armed forces have restored order, reducing and eliminating threats to lives and livelihoods.
“With the success achieved, farmers are back tilling the land to feed us. Highways, hitherto dangerous for travellers, have become safer. Our security agencies have succeeded many times in rescuing the abducted citizens from the hands of their tormentors.
‘’I promise you, we shall remain vigilant, as I told security chiefs during the last meeting to up their game and collaborate to end this plague of evil men. Every Nigerian deserves to live without fear.
‘’Outside of security, we have prioritised human capital development as a central pillar of our national development strategy.
‘’To this end, we have significantly expanded access to quality education through infrastructure investments and the student loan scheme to support indigent students in tertiary institutions. Through the Renewed Hope Health initiative, our administration has begun equipping health facilities and deploying skilled personnel to unserved areas.
‘’We are also strengthening our response to public health threats and implementing targeted social investment schemes.
“Our youth empowerment initiatives include access to funds, skills development, and creating employment opportunities. Through our MSME support, we empower the next generation and bridge inequality.
“In our mission to empower the next generation, we have taken bold steps to place young Nigerians at the heart of national development.
“Nowhere is this more evident than at the National Agency for Science and Engineering Infrastructure, NASENI, where the current management is making giant strides. NASENI has embraced a digital-first approach, introduced real-time dashboards, and implemented end-to-end e-procurement through its Unified ERP System—setting a new governance benchmark for public institutions.
“Through bold, high-impact programmes like Innovate Naija, Irrigate Nigeria, the Asset Restoration Programme, and the Renewable Energy and Innovation Park in Gora, NASENI drives inclusive industrialisation at scale.
“From assembling electric vehicles and reviving idle assets to launching Africa’s most advanced Rapid Diagnostic Kit Factory and training female drone engineers through the NASCAV programme, these initiatives are creating jobs, restoring dignity to work, and opening up a future of possibilities for our youth.
‘’This is the movement we promised—a government of action powered by the energy and innovation of young Nigerians.
“Agriculture and food security are top priorities of our Renewed Hope Agenda. We have launched aggressive initiatives to boost local food production, support farmers, and stabilise food prices. We have also invested in mechanised farming by procuring thousands of tractors, other farming tools, and fertilisers.
“Under the Renewed Hope Agenda, the federal government has continued with major road construction and rehabilitation projects across all geopolitical zones, from the Abuja-Kaduna-Zaria-Kano Dual Carriageway, the 9th Mile-Oturkpo-Makurdi Road, the Lagos-Calabar Coastal Highway, Abuja-Lokoja-Benin Road, Enugu-Onitsha Expressway, Oyo-OgbomosoRoad, Sokoto-Badagry Road, Enugu-Port Harcourt Expressway, Second Niger Bridge Access Road to Bodo-Bonny Road among hundreds of ongoing road projects across the country.
“We have launched initiatives to improve electricity generation by upgrading generation and transmission infrastructure and investing in off-grid solar energy to power our homes, business premises, industries, schools and hospitals.
‘’In the spirit of democracy and national renewal, we are preparing to welcome the world to Nigeria soon for the Motherland Festival. This landmark gathering will spotlight our rich heritage, dynamic creative industries, and the vibrant energy of our people. It will showcase Nigeria’s beauty through tourism, culture, and innovation, inviting the world to rediscover our nation.
“The Nigerian Diaspora plays a vital role in our national transformation. Their expertise, investment, and global perspective are key to shaping the future we seek. In recognition, the government has introduced policies like the diaspora bond and the non-resident Bank Verification Number to make it easier for Nigerians abroad to invest, engage, and contribute meaningfully to the country’s progress.
“The Motherland Festival will bring together voices from across the continent and the diaspora in a decisive moment of unity and purpose, affirming that Nigeria is not only a leader in Africa but a committed global partner ready to engage, inspire, and lead.”
APC, PDP, LP, CUPP disagree
Meanwhile, opposition political parties, including the Peoples Democratic Party, PDP, Labour Party, LP, and the Coalition of United Political Parties, CUPP, have disagreed with Tinubu and the All Progressives Congress, APC, over the president’s performance so far.
While the APC said the President is on track in delivering dividends of democracy to Nigerians, the opposition parties faulted the ruling party.
This came on a day former President Muhammadu Buhari warned that necessary reforms and desired changes must not fall victim to domestic politics.
President Tinubu took over the mantle of office on May 29, 2023, after being declared winner of the presidential election by the Independent National Electoral Commission, INEC.
However, mixed reactions have greeted the administration’s performance in the last two years in office.
Tinubu must apologise, step aside over failures — PDP
Citing the administration’s failure to address critical national challenges, the PDP called on President Tinubu to apologise to Nigerians and outline a clear exit plan from office.
The opposition party accused Tinubu of deepening the country’s economic hardship, security crisis, and democratic decline during his two years in office.
The party’s Deputy National Youth Leader, Mr Timothy Osadolor, while commenting on President Tinubu’s two-year tenure in a chat with Vanguard, described the administration’s performance as ‘tragic and astonishing.’
Osadolor said: “I wouldn’t want to paint a picture of utter despair but the situation is undeniably sad.
“It is both tragic and astonishing that Tinubu’s government has descended from the ridiculous to the unimaginable. For a man who has long presented himself as a champion of democracy, it is deeply shameful that lawlessness has become the order of the day under his leadership.
“In a functioning democracy, one would expect the president to question why legitimate court orders are being disregarded. This is the first count against his administration.
“His first major statement, announcing the removal of subsidy, was made without caution or consideration.
“No responsible leader in a civilised society would make such a reckless declaration without anticipating its devastating consequences. The ensuing spiral in the value of the naira and the skyrocketing prices of commodities left the economy in shambles.
‘’Today, the value of a Nigerian life is tragically diminished, comparable to that of those who rank among the least employed globally.
“President Tinubu should use his second-anniversary address to apologise to Nigerians for his failure to deliver on his ‘renewed hope’ mandate.
“His tenure has only deepened the hopelessness left by his predecessor, Muhammadu Buhari. Such an apology must be sincere and purposeful, not merely a gesture of political correctness.”
Our govt would have done better – LP
The Julius Abure-led Labour Party, LP, said the party would have done a better job of managing Nigeria than the APC-led administration has done within the last two years.
National Publicity Secretary of the party, Obiora Ifoh, in a chat with Vanguard, said: “Nigerians are now in a better position to appreciate what we said before the 2023 elections. We foresaw the hardship, poverty and economic downturn being suffered by Nigerians today.
“Nigerians are better qualified to answer questions on whether their lives are better now than it was two years ago. How much is a bag of rice today when compared to what it was two years ago?
“Are we now more secure on our roads and at home? What about the purchasing power of our citizens, is it better?
“We make bold to say a Labour Party government would have done a better job of managing the economy and improving the lives of Nigerians.
“Today, the naira, which exchanged for N167 to a dollar at some point, is now exchanging for over N1,600; petrol which sold for N87 per liter now sells for over N1,000 per litre; with nearly 40 per cent inflation which has now reached over 42 per cent.
“Do we begin to talk about youth unemployment and the rise in all forms of criminality? It will not be entirely correct to say the government did nothing in two years, it has borrowed more than any government before it. Do we have value for money?”
It’s the worst in Nigeria’s history — CUPP
On its part, the Coalition of United Political Parties, CUPP, said the two years of the Tinubu administration represented the worst period in Nigeria’s history since 1960.
CUPP, in a statement by its National spokesperson, Mr Mark Adebayo, said: “Two years ago, severe hunger came to town in Nigeria through President Bola Tinubu., insecurity became exacerbated.
“Youth joblessness assumed exponential implosion. Out-of-school children statistics jumped from twenty million to almost forty million. Inflation has lept to over 36%. Nigeria’s diplomatic missions abroad have been inactive because no ambassadors to represent the country has been posted. Nigeria has become a sleeping partner in the comity of nations.
“The people in Benue and Plateau states and other parts of the country are being murdered in cold blood en masse daily by an invading army of terrorists, killer herders, and bold kidnappers. Even Abuja, the seat of government, is not safe from these predators who daily prey on innocent and defenceless Nigerians.
“Our health institutions are now worse than mere consulting centres as the country’s medicare has collapsed. The masses bear the heavy burden of Nigeria’s health sector crises as our president and his cabinet find solace abroad with their families for medical treatment.
“Nigerians are already tired of this government and have rejected President Tinubu due to his atrocious economic and anti-people policies for the past two years.
‘’Nigerians are aware that a second term for President Tinubu would be extremely disastrous and are already looking out for a credible alternative to replace him in 2027. Nigerians cannot afford affliction to rise a second time.
“The opposition is poised to avail Nigerians a competent, patriotic, compassionate, creative president with a revolutionary mindset to fix Nigeria’s myriads of problems within the shortest possible time.”
We’re on track, says APC
The ruling APC, however, fired back and expressed confidence in the Tinubu-led administration, saying in the last two years, the president had set the nation on the right track.
The party’s Deputy National Organizing Secretary, Nze Chidi Duru, said the president has achieved a lot within the period under review.
Duru noted that even where mistakes were made, the president has taken deliberate steps to reverse such.
He said: “A lot has been achieved two years down the line and still another two years to go. The lessons of the past will also come in handy, going into the remaining two years. So, we wait for the next two years to see what happens but I can already think that in a way, it will be with confidence and the impact of the reforms will begin to bear fruits.
“I believe Mr President when he said he didn’t covet the office, he wanted it. He knows what to do with it and that is a very categorical statement, meaning he has an eye on history, and how history will reckon and register him. That gives a major confidence.
“Mr President is on the right track and where there are mistakes, efforts to correct them are being made and then in a way, that is to the benefit of Nigerians.”
Reforms must not fall victim to domestic politics — Buhari
Meanwhile, former President Muhammadu Buhari has warned that necessary reforms and desired changes must not fall victim to nettlesome domestic politics.
Buhari said as the party and government celebrate, the country should be reminded that leadership was a continuous journey.
The former President in a statement by his Media Aide, Mallam Garba Shehu, called for steadfast support for the APC government as it marks its second year in office, explaining that reforms would achieve success gradually, not overnight.
The statement read: “He (Buhari) expressed support for the ongoing efforts by the administration to curb poverty and inflation, which he says have hit the poorest families the hardest adding, however, the task of reducing poverty and inflation which is immense, mustn’t be left only for the government.
“The private sector and all of us as citizens must join in all ways we can. Our expectations from our governments should not get heavy.
“I am wishing President Tinubu heartfelt congratulations on his two years in office.”
As President Bola Tinubu’s administration marks its second year in office, former President Muhammadu Buhari has warned against letting “necessary reforms and desired changes” be derailed by “nettlesome domestic politics.”
Buhari congratulated President Tinubu on his mid-term and urged Nigerians to manage their expectations from the government, noting that “reforms would achieve success gradually, not overnight.”
In a statement signed by his Senior Special Assistant on Media and Publicity, Garba Shehu, the former President insisted that combating poverty and inflation, problems he acknowledged have “hit the poorest families the hardest,” cannot fall on the government alone.
The statement was titled ‘Tinubu Gets Buhari’s Praise, Advice At Midterm.’
“Muhammadu Buhari called for steadfast support for the APC government as it marks its second year in office, explaining that reforms would achieve success gradually, not overnight.
“He warned that necessary reforms and desired changes must not fall victim to nettlesome domestic politics,” the statement read.
Since taking office on May 29, 2023, Tinubu’s “Renewed Hope Agenda” ended petrol subsidies, liberalised the naira, and fully repaid a $3.4bn COVID-19 loan, while sparking a severe cost-of-living crisis at home.
On May 23, 2025, the All Progressives Congress officially endorsed Tinubu as its sole 2027 candidate, amid defections from the opposition.
Buhari expressed support for the ongoing efforts by the Tinubu administration to curb poverty and inflation, urging that “The private sector and all of us as citizens must join in all ways we can.”
He advised Nigerians to remain optimistic and stay confident about the country’s future, saying, “Our expectations from our governments should not get heavy,” President Buhari said in the conclusion of his message.”
“I am wishing President Tinubu heartfelt congratulations on his two years in office. May you keep leading with wisdom and care,” he concluded.
Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), says he was threatened by an operative of the Department of State Services (DSS) to make confessional statements after his arrest in 2015.
Kanu spoke on Wednesday after the prosecution called its third witness, simply identified as CCC.
Like the first two witnesses – AAA and BBB – the third witness told the court that he was part of the team of DSS officers who investigated Kanu in 2015.
The witness said he and two other DSS officers interviewed Kanu on October 21, 22, 23 and 24 and also on November 4.
He said the interview was recorded on video, noting that Kanu also wrote statements after every session.
Adegboyega Awomolo, counsel to the federal government, tendered two video compact discs (CDs) containing the interviews and also three copies of statements allegedly written by Kanu.
Although the defence team did not oppose the exhibits at first, Paul Erokoro, one of the senior advocates who spoke on behalf of Kanu, later raised an objection.
Erokoro said Kanu had just informed him that the written statements were made under duress.
The IPOB leader’s counsel told the court that DSS operatives denied the defendant access to his lawyer, threatened to deny him bail and withheld his daily hour of fresh air recommended due to his health condition.
James Omotosho, presiding judge, ordered the conduct of a trial-within-a-trial to ascertain the voluntariness or otherwise of the defendant’s statements.
TRIAL-WITHIN-TRIAL
During the trial-within-a-trial, the DSS witness insisted that Kanu wrote his statement voluntarily.
Erokoro asked the witness if he understood the process of detaining a suspect, knew all the officers at the DSS headquarters, and had contact with Kanu in his cell.
CCC said he never entered Kanu’s cell but knew all the gatekeepers who could interact with the defendant.
Erokoro said, “I put it to you that if any DSS officer named Mr Brown visited the defendant in his cell to threaten him, you won’t know.”
Responding, CCC said the DSS does not operate like that.
During the trial within a trial, Kanu said the coercion by the DSS started from Lagos when his hands and legs were chained, and he was blindfolded and put on a plane.
Kanu added that he did not know where the operatives were taking him after landing in Abuja.
He said the DSS kept him in a solitary confinement with no form of light, adding that a particular Mr Brown, who he said was the assistant director of investigations, threatened him to cooperate during the interview or risk staying in a solitary confinement.
Kanu said due to his poor health and the bad condition of his cell, he started having nosebleeds, which prompted the medical doctor in the facility to advise that he be allowed out of his cell one hour every day for fresh air.
“Mr Brown threatened me that if I don’t do what they ask me, they’re going to stop giving me that one-hour break,” Kanu said through his lawyer.
During cross-examination by the prosecution, Kanu insisted that some of the things he said during the video interview with the DSS operatives played in court had been edited out.
He claimed that the DSS operatives ordered him to write the statements.
After Kanu’s testimony, the trial-within-a-trial was closed.
The judge asked the prosecution and defence teams to adopt their written addresses and file by 9 am on May 29.
The court will also rule on the trial-within-a-trial on Thursday.
The National Hajj Commission of Nigeria (NAHCON) says it has completed the airlift of pilgrims to Saudi Arabia for the 2025 hajj.
Abdullahi Usman, chairman of the NAHCON, spoke on Wednesday while addressing the national media team in Abuja.
Usman said the support of the federal government was instrumental to the smooth execution of the 2025 hajj airlift.
“We sincerely thank the President of the Federal Republic of Nigeria, President Bola Ahmed Tinubu, and the Vice-President Kashim Shettima, for their strong support in ensuring the success of the 2025 hajj operation,” Usman said.
“Their support gave us the confidence and structure needed to carry out a smooth and well-organised pilgrimage.”
The NAHCON chairman said the commission’s priority was to ensure seamless travel and adequate care for all pilgrims.
He added that the 2025 hajj airlift demonstrated the commission’s growing capacity to manage pilgrimage operations with precision and professionalism.
“It hasn’t been easy, but with proper planning, the help of Almighty Allah, and solid teamwork, we have completed the job successfully — alhamdulillah,” he said.
“We are grateful to everyone who made this possible — from the government, the airlines, the state boards, and all those working behind the scenes.”
He said the 2025 hajj recorded several achievements that signalled progress in the country’s pilgrimage administration.
“One key success was the timely and well-coordinated airlift of pilgrims, which was concluded within the official schedule,” he said.
Usman asked Nigerians to pray for the success of the pilgrims as they fulfil their spiritual obligations in the holy land.
Asked about the return leg of the operation, Usman said NAHCON would ensure the pilgrims’ safe return.
“Everything is in the hands of Allah,” he said.
“But as long as we continue to work together as one family — by God’s grace— my team and I will keep supporting our pilgrims, assisting them through their rites, and ensuring they return to Nigeria safely, in sha Allah.”
Earlier today, the commission said a “special” flight has been arranged for May 28 to transport the NAHCON chairman alongside other senior officials and 22 pilgrims, who were previously unable to travel due to various reasons.