President Bola Ahmed Tinubu has spoken about what Nigerians should expect in the first two years of a second term, stressing that his administration would “work harder” to consolidate reforms already underway.
Tinubu explained that the early years of a renewed mandate would focus on deepening economic reforms, stabilizing the naira, and expanding social support systems. He acknowledged that many of the decisions taken in his first term — such as fuel subsidy removal and foreign exchange unification — were painful but necessary to rescue Nigeria’s economy.
> “We will continue to work harder because the future of our country depends on the bold decisions we are making today,” Tinubu said.
Key Focus Areas in Tinubu’s First Two Years
Economic Reforms
Tinubu pledged to continue reforms aimed at stabilizing Nigeria’s economy. He argued that subsidy removal was unavoidable, describing it as a step to prevent “spending the future of unborn generations.”
Naira Stability
He highlighted progress in stabilizing the naira, noting that reforms have made the currency “more predictable,” allowing for better budget planning and economic forecasting.
Support for Vulnerable Nigerians
Tinubu emphasized direct cash transfers and education assistance programs as measures to cushion the impact of reforms. Vulnerable households, he said, are receiving allowances to keep children in school, reflecting his commitment to inclusive development.
Strengthening Local Industries
The President stressed the importance of supporting local industries and deepening regional partnerships. He insisted that taxation remains a necessary instrument for development, arguing that citizens who demand infrastructure must contribute through taxes.
Challenges Ahead