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2026 ushers in stronger phase of economic growth — Tinubu
President Bola Tinubu says 2026 will usher in a more robust phase of economic growth for Nigeria, citing gains from reforms, GDP growth, rising investments, and improved economic stability.
President Bola Tinubu has assured Nigerians that 2026 will mark the beginning of a more robust phase of economic growth, expressing confidence that the new year will bring increased prosperity to the nation and its citizens.
In his New Year message titled “2026 Marks the Beginning of a More Robust Phase of Economic Growth,” the President said the economic reforms implemented by his administration are yielding positive results and positioning the country on a sustainable growth path.
“Fellow compatriots, I welcome you all to 2026, with gratitude to God and confidence in our collective resolve that this new year will be a more prosperous one for our nation, our citizens, and all who call Nigeria home,” Tinubu said.
Reflecting on 2025, the President noted that the government sustained momentum on major reforms, including a fiscal reset, despite global economic headwinds.
“During 2025, we sustained the momentum on our major reforms… we recorded tangible and measurable gains, particularly in the economy,” he stated, adding that the outcomes reaffirm the necessity of the reforms.
According to him, Nigeria closed 2025 on a strong note, with robust quarterly GDP growth expected to exceed four per cent for the year, improved exchange rate stability, trade surpluses, and a steady decline in inflation to below 15 per cent.
Tinubu also highlighted gains in the capital market, noting that the Nigerian Stock Exchange recorded a 48.12 per cent gain in 2025, while foreign reserves rose to $45.4 billion as of December 29, providing a buffer against external shocks.
He disclosed that foreign direct investment rose significantly, increasing from $90 million in the second quarter of 2025 to $720 million in the third quarter, reflecting renewed investor confidence, which he said has been affirmed by global credit rating agencies.
“As we enter 2026, our focus is on consolidating these gains and continuing to build a resilient, sustainable, inclusive, and growth-oriented economy,” the President said.
Tinubu added that the government would intensify tax reforms, reduce multiple taxation, and expand fiscal space for infrastructure and human capital development, while also prioritising security and peace.
“The new year marks the beginning of a more robust phase of economic growth, with tangible improvements in the lives of our people,” he assured.
The President urged Nigerians to remain united and committed to nation-building, stressing that collective effort is essential to achieving sustained growth and prosperity in 2026.
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