Tinubu's Economic Reforms Lead to 4.2% GDP Growth

On October 1, 2026, during the 66th Independence Anniversary Lecture in Abuja, George Akume, the Secretary to the Government of the Federation, stated that the economic reforms introduced by President Bola Tinubu's administration since 2023 are yielding positive results. He highlighted a 4.2% real GDP growth in the first half of 2026, compared to 3.9% in the same period the previous year, as reported by the World Bank.

Akume attributed this growth to significant reforms, including the removal of the petrol subsidy, unification of the foreign-exchange market, and various fiscal changes. He emphasized the importance of translating this growth into job creation and increased incomes for Nigerians.

Akume also noted advancements in youth employment, healthcare, and security, mentioning initiatives such as the expansion of the Education Loan Fund and improvements in primary healthcare centers under the IMPACT initiative. He encouraged Nigerians in the diaspora to invest in the country, recognizing their contributions beyond remittances.