Tinubu Advocates for Local Production and Economic Growth

In his Independence Day address on October 1, President Bola Tinubu called for increased local production in Nigeria, urging citizens to produce more goods, strengthen agriculture, and develop businesses that can compete globally. He emphasized the importance of transforming Nigeria's youthful population into a productive workforce.

Tinubu acknowledged the struggles of many Nigerians, highlighting that their challenges stem from decades of low productivity and inadequate infrastructure. He stated that while it is impossible to erase these issues in four years, his administration is committed to changing the course of the economy.

Tinubu outlined initiatives such as strengthening direct support for the poorest households, improving the National Social Register, and ensuring access to education through the Nigerian Education Loan Fund. He also mentioned the role of CREDICORP in providing consumer credit to working Nigerians.

The President reiterated his administration's commitment to timely payment of salaries and pensions and to defeating poverty through sustained economic growth and job creation.