President Bola Tinubu has defended his administration’s economic reforms, saying policies introduced over the past three years are beginning to deliver positive outcomes despite the hardship experienced by Nigerians.
Tinubu stated this in his Eid-el-Kabir message released on Tuesday ahead of the Sallah celebration.
The President acknowledged that recent reforms had been difficult but maintained that they were necessary to build a stronger economy and secure long-term prosperity.
“The reforms we have undertaken are challenging but necessary to build a stronger and more prosperous Nigeria for future generations,” Tinubu said.
“Just as sacrifice brings reward, I am happy that the sacrifices and efforts we have made over the past three years have yielded a more stable economy, making our country a preferred investment destination that will drive job creation and economic growth.
“The walk through the dark tunnel is over, and the light is here.”
Since assuming office, Tinubu’s administration has introduced major economic measures, including the removal of fuel subsidy and the floating of the naira to unify the foreign exchange market.
The reforms have attracted support from some economists and international financial institutions but also triggered increased inflation and higher living costs, with rising food prices and transportation expenses affecting households nationwide.
The Federal Government has argued that the measures are helping to stabilise the economy and create fiscal space for investments in critical sectors such as healthcare, education and infrastructure.
The President also addressed security concerns, acknowledging continued attacks by terrorists, bandits and kidnappers in some parts of the country.
“I am aware that, despite the best efforts of our security and intelligence agencies — including the recent elimination of a wanted ISIS leader — heartless terrorists and bandits still attack some communities,” Tinubu said.
“I assure you: you are neither abandoned nor forgotten. We will ultimately defeat all the forces of evil.”
Tinubu urged Nigerians to embrace the values of sacrifice, compassion, peace and unity associated with Eid-el-Kabir.
He also encouraged Muslims to support vulnerable members of society and pray for national progress.
“My administration remains committed to building a Nigeria where all citizens can live in peace, worship freely, and pursue their dreams without fear,” he added.