President Bola Tinubu declared has said that “the worst is over” as Nigeria celebrated its 65th Independence anniversary.
He said the economy grew 4.23% in the second quarter of 2025, Nigeria’s fastest pace in four years. Inflation dropped to 20.12%, its lowest level in three years, Tinubu said in a national broadcast.
The president credited reforms such as ending fuel subsidies and unifying foreign exchange rates with freeing funds for critical sectors, including education, healthcare, and infrastructure.
He called on Nigerians and all levels of government to work together to boost production, support local goods and pay taxes.
“It is time to be a nation of producers, not just consumers,” Tinubu said.
He expressed optimism about a “new, prosperous, self-reliant Nigeria” ahead.