Tinubu Marks Third Anniversary, Highlights Economic Reforms

On May 29, 2026, President Bola Ahmed Tinubu delivered a speech marking the third anniversary of his administration, reflecting on the significant challenges faced by Nigeria since he took office. He acknowledged the sacrifices made by families and the difficult economic conditions, including unsustainable fuel subsidies, declining revenue, and rising debt service costs.

Tinubu highlighted the urgent need for courageous reforms to stabilize the economy and prevent a fiscal breakdown. He reported visible progress in economic growth, with improvements in public finance and increased investor confidence, as evidenced by a booming stock market.

The president noted major infrastructural projects, including the construction and rehabilitation of 2,700 kilometers of highways, and reforms in the oil and gas sector aimed at attracting investments. He also addressed the challenges in the power sector, emphasizing the need for expanded transmission infrastructure and investment in renewable energy.