Akume Details Economic Gains Under Tinubu's Leadership

Senator George Akume, the Secretary to the Government of the Federation, addressed the 66th Independence Anniversary Lecture in Abuja, discussing the economic and infrastructural advancements made under President Bola Ahmed Tinubu's administration since 2023. Akume stated that bold reforms were essential to prevent Nigeria's imminent collapse, including the removal of the petrol subsidy and unification of the foreign-exchange market.

He noted that Nigeria's real GDP grew by 4.2% in the first half of 2026, up from 3.9% the previous year, as business activity expanded. Akume emphasized the government's massive investments in infrastructure, including projects like the Lagos–Calabar Coastal Highway, Abuja-Kano highway, and rail modernization, which are expected to enhance trade routes and the economy.

Additionally, he mentioned efforts to tackle power sector issues and expand mortgage finance to boost housing and job creation, highlighting the conversion of over 120,000 vehicles to Compressed Natural Gas (CNG).