Tinubu Declares New Economic Phase for Nigeria

In his Independence Anniversary address, President Bola Ahmed Tinubu declared that Nigeria has entered a new phase of economic development, stating that “the age of reform has done its work” and that “now begins the age of prosperity.” He asserted that the country is approaching this new phase “from a position of strength,” citing a correction in the fundamental direction of the economy. Tinubu emphasized that his administration has faced difficult choices and laid the groundwork for lasting prosperity.

He urged Nigerians to work together to fulfill the promise of a better future for their children, stating, “the time has come for us to build that future.” The President reflected on the challenges faced by the nation, acknowledging that Nigerians have endured tough years and made hard decisions collectively. He called for unity in building the country that these decisions have made possible.