President Bola Tinubu addresses Nigerians, outlining a positive economic outlook for 2025 and plans to tackle key challenges.
January 1, 2025 7:15 amIn his New Year message to Nigerians, President Bola Tinubu spoke on the economic outlook for the country in 2025 and the prospective interventions of his administration. The president also announced plans for the upcoming youth conference and his intention to unveil the National Values Charter, among other issues.As we enter 2025, I wish everyone a happy and prosperous New Year. May you be rich in joy, success, and good health.
As the new year dawns, it brings many hopes, aspirations, and prospects for better days. By the grace of God, 2025 will be a year of great promise in which we will fulfill our collective desires. Though 2024 posed numerous challenges to our citizens and households, I am confident that the New Year will bring brighter days. Economic indicators point to a positive and encouraging outlook for our nation. Fuel prices have gradually decreased, and we recorded foreign trade surpluses in three consecutive quarters. Foreign reserves have risen, and the Naira has strengthened against the US dollar, bringing greater stability.The stock market’s record growth has generated trillions of naira in wealth, and the surge in foreign investment reflects renewed confidence in our economy. Nevertheless, the cost of food and essential drugs remained a significant concern for many Nigerian households in 2024. In 2025, our government is committed to intensifying efforts to lower these costs by boosting food production and promoting local manufacturing of essential drugs and other medical supplies. We are resolute in our ambition to reduce inflation from its current high of 34.6% to 15%. With diligent work and God’s help, we will achieve this goal and provide relief to all our people. In this new year, my administration will further consolidate and increase access to credit for individuals and critical sectors of the economy to boost national economic outpu
POLITICS NIGERIA ECONOMY INFLATION PRESIDENT TINUBU
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