Tinubu Says Nigeria Has Stabilised, Highlights Road, Rail, Energy Gains on Third Anniversary

By Patrick Isaac

President BolaTinubu on May 29 declared that Nigeria has stabilised and is moving forward as he marked the third anniversary of his administration.

In a national statement broadcast across media platforms, the president defended the government’s decision to remove fuel subsidies and reform the foreign exchange market, saying these measures were necessary to avoid fiscal collapse and prevent a deeper national crisis.

Tinubu acknowledged the hardships caused by the reforms, noting that the rising cost of living has placed enormous pressure on families, workers and businesses.

“I speak to you not only as your President but also as a fellow citizen who understands the sacrifices many families have made in recent years and shares your hopes for a better Nigeria, Your sacrifice has not been in vain.” he said.

The president highlighted major economic and infrastructure achievements he said demonstrate visible progress:
Over 2,700 kilometres of highways and major roads under construction, reconstruction or rehabilitation, including the Lagos–Calabar Coastal Highway, Sokoto–Badagry Super Highway, and the Abuja–Kaduna–Zaria–Kano Road.

The stock market’s All Share Index rising from about 53,000 in 2023 to a record 250,000, with market capitalisation growing from N30 trillion to N160 trillion
Near completion of the $5 billion NLNG Train 7 project, expansion of domestic gas utilisation and increased local refining capacity.

1.5 million students benefiting from the Nigerian Education Loan Fund, with over ₦282 billion disbursed
More than 10,000 housing units and over 300,000 jobs created under the Renewed Hope Housing Programme across 14 states and the FCT.

Thousands of primary health‑care centres being revitalised and expanded health insurance coverage for vulnerable Nigerians.

Tinubu said the government is addressing legacy obligations in the power sector, expanding transmission infrastructure and investing in renewable energy to ensure no modern economy can grow in darkness.

He also noted renewed confidence in the telecommunications sector, with operators expanding networks and investing in infrastructure.

On security, the president said the Armed Forces and security agencies have intensified operations against terrorists, bandits, kidnappers and oil thieves, making many communities and highways safer, though he acknowledged that challenges remain.

Looking ahead, Tinubu pledged to keep food prices low after they fell from their 2023/2024 peak, reduce transportation costs through conversion to compressed natural gas and electric vehicles, and create more decent jobs.

He urged Nigerians to choose hope over despair, unity over division, and nation‑building over narrow interests, and called on the international community to see Nigeria as a nation determined to rise rather than one defined by its difficulties.

“The journey of national renewal is not completed in a single year or a single administration’s tenure, History tests nations before it elevates them. Nigeria is passing through such a test. But I believe with all my heart that we shall emerge stronger, fairer, more united, and more prosperous than ever before.” he said.