https://en.sputniknews.africa/20251001/worst-is-over-nigerias-tinubu-explains-importance-of-reforms-on-independence-day-1078934499.html
'Worst is Over': Nigeria's Tinubu Explains Importance of Reforms on Independence Day
'Worst is Over': Nigeria's Tinubu Explains Importance of Reforms on Independence Day
Sputnik Africa
'Worst is Over': Nigeria's Tinubu Explains Importance of Reforms on Independence Day 01.10.2025, Sputnik Africa
2025-10-01T09:03+0200
2025-10-01T09:03+0200
2025-10-01T09:03+0200
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'Worst is Over': Nigeria's Tinubu Explains Importance of Reforms on Independence DayAddressing the nation on the 65th anniversary of its independence, the Nigerian president said that the seeds of his administration's "difficult but necessary decisions are bearing fruit."Some of the results named by Tinubu:Since Tinubu came to power, his government implemented reforms that involved scrapping fuel subsidies and unifying the foreign exchange rate, which initially was met with controversy against the backdrop of rising inflation.
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'Worst is Over': Nigeria's Tinubu Explains Importance of Reforms on Independence Day
'Worst is Over': Nigeria's Tinubu Explains Importance of Reforms on Independence Day
Addressing the nation on the 65th anniversary of its independence, the Nigerian president said that the seeds of his administration's "difficult but necessary decisions are bearing fruit."
Some of the results named by Tinubu:
Fastest second-quarter GDP growth in four years;
Inflation declining to 20.12% in August (three-year low);
Five quarters of trade surpluses in a row;
Oil production growing again to 1.68 million bpd;
External reserves reach six-year high: $42.03 billion.
Since Tinubu came to power, his government implemented reforms that involved scrapping fuel subsidies and unifying the foreign exchange rate, which initially was met with controversy against the backdrop of rising inflation.