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Tinubu Addresses Economic Challenges, Promises Hope in Independence Day Speech

© Photo X / @officialABATScreenshot of the video of Bola Tinubu's address to the nation.
Screenshot of the video of Bola Tinubu's address to the nation. - Sputnik Africa, 1920, 01.10.2024
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Nigeria's Independence Day is celebrated annually on October 1st to mark the country's freedom from British colonial rule in 1960. On this day, Nigeria became a sovereign nation, with Nnamdi Azikiwe serving as its first president.
President Bola Tinubu’s Independence Day address this year marked a shift from his 2023 speech, as he began by addressing the economic difficulties that Nigerians are currently facing, particularly rising living costs and unemployment.
He, however, reassured citizens that his administration is committed to finding sustainable solutions and asked for continued patience as reforms begin to take effect, offering a glimpse of hope for better days ahead.
When talking about security, Tinubu shared his satisfaction with the government's progress against terrorism, particularly Boko Haram and banditry, which has helped bring peace back to northern areas. He mentioned that better security could boost food production and lower food costs as displaced farmers return home. He also talked about the government's response to recent floods, including plans for disaster relief and infrastructure improvements.
Regarding the economy, Tinubu underscored the administration's reform efforts, including attracting foreign investments, stabilizing the foreign exchange market, and reducing debt. He announced new policies to encourage investment and create jobs, and reiterated the government's promise to lower living costs and promote national unity.
Tinubu also reflected on Nigeria’s journey since independence, highlighting the country's resilience in overcoming political crises, civil war, and internal divisions. He praised the nation's ability to survive where others have failed, maintaining unity despite the many challenges over the past 64 years.
As part of the 64th Independence anniversary celebrations for the federal republic, Tinubu inspected the guard of honor at the Presidential Villa's forecourt.
Nigerian soldiers march during 62nd anniversary celebrations of Nigerian independence, in Abuja, Nigeria, Oct. 1, 2022. - Sputnik Africa, 1920, 01.10.2023
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Independence Day Protests Erupt Despite Tinubu's Reassurances

Despite Tinubu's acceptance of responsibility and supportive speech, Independence Day witnessed another wave of protests, continuing the momentum from the 10-day #EndBadGovernance demonstrations held in numerous states in August, which demanded an end to "poor" governance and the escalating cost of living.
In a joint statement, a coalition of about 10 organizations urged Nigerians to turn out in large numbers and demonstrate peacefully nationwide.
Reports say that the government has arrested and detained several protesters, charging at least 10 of them with treason.
Screenshot of the video of Bola Tinubu's address to the nation. - Sputnik Africa, 1920, 04.08.2024
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Long Journey to Freedom

Nigeria gained its independence from British colonial rule following a long struggle for self-governance. This movement began in the early 20th century as Nigerian nationalists, inspired by global decolonization efforts, campaigned for political rights and self-rule.
Prominent leaders such as Nnamdi Azikiwe, Obafemi Awolowo, and Ahmadu Bello played key roles in mobilizing support for independence. Their efforts, combined with rising political awareness and post-World War II sentiments favoring decolonization, pushed Britain to gradually grant more autonomy. This culminated in Nigeria achieving full independence in 1960 as a parliamentary democracy within the Commonwealth.
*Boko Haram, or Islamic State of West African Province (ISWAP), is a terrorist organization outlawed in Russia and many other states.
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