• About
  • Advertise
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, May 31, 2025
Kumornews
No Result
View All Result
  • National
  • Entertainment

    Uche Ogbodo Flaunts New Smile Ahead of 39th Birthday After Recent BBL

    Gospel Singer Toluwasings Sparks Debate Over Charging for Ministration

    Gospel Singer Toluwasings Sparks Debate Over Charging for Ministration

    Femi Adebayo Shares Emotional Moment With His Father After AMVCA Win

    Femi Adebayo Shares Emotional Moment With His Father After AMVCA Win

    Uche Maduagwu Accuses VeryDarkMan of Plotting to Flee Nigeria Amid EFCC Case

    Uche Maduagwu Accuses VeryDarkMan of Plotting to Flee Nigeria Amid EFCC Case

    BBC Pidgin Clashes With EFCC Over VeryDarkMan Arrest Report

    BBC Pidgin Clashes With EFCC Over VeryDarkMan Arrest Report

    BBNaija’s Nengi Responds to Criticism Over Revealing Dress at Elite Event

    BBNaija’s Nengi Responds to Criticism Over Revealing Dress at Elite Event

    Nollywood Star Kamo State Welcomes First Child With Wife Esther Mide

    Nollywood Star Kamo State Welcomes First Child With Wife Esther Mide

    Portable Speaks Out on VeryDarkMan’s Arrest, Calls for His Release

    Portable Speaks Out on VeryDarkMan’s Arrest, Calls for His Release

    Lucky Udu Compares VeryDarkMan to Jesus Christ Amidst EFCC Arrest Controversy

    Lucky Udu Compares VeryDarkMan to Jesus Christ Amidst EFCC Arrest Controversy

  • Politics
  • Business
  • Sport
  • Celebrity
  • International
  • National
  • Entertainment

    Uche Ogbodo Flaunts New Smile Ahead of 39th Birthday After Recent BBL

    Gospel Singer Toluwasings Sparks Debate Over Charging for Ministration

    Gospel Singer Toluwasings Sparks Debate Over Charging for Ministration

    Femi Adebayo Shares Emotional Moment With His Father After AMVCA Win

    Femi Adebayo Shares Emotional Moment With His Father After AMVCA Win

    Uche Maduagwu Accuses VeryDarkMan of Plotting to Flee Nigeria Amid EFCC Case

    Uche Maduagwu Accuses VeryDarkMan of Plotting to Flee Nigeria Amid EFCC Case

    BBC Pidgin Clashes With EFCC Over VeryDarkMan Arrest Report

    BBC Pidgin Clashes With EFCC Over VeryDarkMan Arrest Report

    BBNaija’s Nengi Responds to Criticism Over Revealing Dress at Elite Event

    BBNaija’s Nengi Responds to Criticism Over Revealing Dress at Elite Event

    Nollywood Star Kamo State Welcomes First Child With Wife Esther Mide

    Nollywood Star Kamo State Welcomes First Child With Wife Esther Mide

    Portable Speaks Out on VeryDarkMan’s Arrest, Calls for His Release

    Portable Speaks Out on VeryDarkMan’s Arrest, Calls for His Release

    Lucky Udu Compares VeryDarkMan to Jesus Christ Amidst EFCC Arrest Controversy

    Lucky Udu Compares VeryDarkMan to Jesus Christ Amidst EFCC Arrest Controversy

  • Politics
  • Business
  • Sport
  • Celebrity
  • International
No Result
View All Result
Kumornews
No Result
View All Result
Home Politics

Tinubu: I Saved Nigeria From Collapse With Bold Reforms

by kumornews
May 29, 2025
in Politics
Reading Time: 4 mins read
0

President Bola Ahmed Tinubu has declared that his administration has rescued Nigeria from the brink of collapse, citing bold economic and structural reforms implemented in his first two years in office.

In a national broadcast to mark his second anniversary in office on May 29, 2025, the president reflected on his administration’s efforts to stabilize the economy, tackle insecurity, and set the country on a path to sustainable growth.

“Two years ago, you entrusted me with the sacred responsibility to lead at a time of historic challenges,” Tinubu said. “Together, we have faced these headwinds with courage and determination.”

Fuel Subsidy Removal & Forex Unification: ‘Hard But Necessary’

Tinubu defended his early decisions to remove the fuel subsidy and unify the exchange rate, calling them painful but essential steps to prevent economic collapse.

“The fuel subsidy and multiple exchange rates were a chokehold on the nation’s future,” he said. “They were unsustainable.”

Despite backlash from citizens over increased living costs, Tinubu claimed the reforms are now yielding results.

Economic Highlights Shared by Tinubu:

  • Real GDP growth reached 4.6% in Q4 2024, with annual growth at 3.4%—the highest in a decade.

  • Inflation is easing, with staple food prices such as rice beginning to decline.

  • Over $8 billion in new oil and gas investments recorded; rig counts up 400% from 2021.

  • External reserves rose from $4B in 2023 to over $23B in 2024.

  • Debt service-to-revenue ratio dropped from nearly 100% in 2022 to under 40% in 2024.

  • Fiscal deficit narrowed from 5.4% to 3.0% of GDP within a year.

  • Tax-to-GDP ratio climbed from 10% to 13.5% in 2024.

  • Creation of a Tax Ombudsman to protect small businesses and ensure fairness.

  • Zero VAT on food, education, healthcare, rent, public transport, and renewable energy.

“We have stabilized our economy and positioned Nigeria for resilient growth,” Tinubu stated.

Progress in Health, Education & Infrastructure

  • 1,000+ Primary Health Centres revitalized; 5,500 more underway.

  • Six cancer treatment centers under construction (three ready).

  • Free cesarean sections for 4,000+ women via the Presidential Maternal Health Initiative.

  • Health insurance expanded to 20 million Nigerians.

  • Launch of a student loan scheme to boost tertiary education access.

  • Support for MSMEs and digital jobs as part of youth empowerment.

  • NASENI assembling electric vehicles and training drone engineers.

READ ALSO:  PRP Challenges Tinubu State of Emergency in Rivers, Asks for Legislative Review

Massive Infrastructure & Energy Projects

Under the Renewed Hope Agenda, major road projects are ongoing nationwide:

  • Lagos-Calabar Coastal Highway

  • Abuja-Kaduna-Zaria-Kano Road

  • Enugu-Onitsha and Enugu-Port Harcourt Expressways

  • Second Niger Bridge Access Road

  • Bodo-Bonny Road

  • And others across all six geo-political zones

Energy initiatives include:

  • Upgrades to power generation and transmission

  • Off-grid solar projects to serve homes, schools, and hospitals

Security & Stability Efforts

Tinubu said increased collaboration and intelligence-led operations have helped restore order in parts of the North-West once overrun by bandits.

“Highways once considered unsafe are now passable. Farmers are returning to their fields,” he said. “We owe our security forces immense gratitude.”

Looking Ahead: Motherland Festival & Diaspora Engagement

The president announced plans to host the Motherland Festival, a global cultural and tourism event to showcase Nigeria’s heritage and engage the diaspora.

READ ALSO:  Nigeria Contributes $59 Billion to Crypto Despite CBN Ban – KPMG Report

To boost diaspora involvement, Tinubu introduced:

  • Diaspora Bonds

  • Non-resident Bank Verification Number (BVN)

“Nigeria is ready to lead in Africa and engage the world with renewed confidence,” he concluded.

 Opposition Criticism

Despite the president’s claims, opposition parties were quick to criticize his mid-term performance.
The PDP called his tenure a “monumental disaster”, while the Labour Party accused the administration of plunging the country into “untold hardship.”

Please share this story:
Previous Post

NANS Slams WAEC Over English Exam Delay, Demands Accountability for Question Leak

Next Post

Amaechi: Why I Didn’t Support Tinubu – “I Didn’t Believe He Could Lead Nigeria”

Read More Articles

Amaechi: Why I Didn’t Support Tinubu – “I Didn’t Believe He Could Lead Nigeria”

Amaechi: Why I Didn’t Support Tinubu – “I Didn’t Believe He Could Lead Nigeria”

by kumornews
May 31, 2025
0

Former Rivers State Governor and ex-Minister of Transport, Rotimi Amaechi, has opened up about why he didn’t support President Bola...

Wike Blames Omehia, Sekibo, and Okpara for Fubara Rift, Vows to Stay in PDP

Wike Blames Omehia, Sekibo, and Okpara for Fubara Rift, Vows to Stay in PDP

by kumornews
May 20, 2025
0

As tensions continue to rise in Rivers State following the suspension of Governor Siminalayi Fubara, his deputy, and several House...

Atiku Abubakar Opens up About Narrow Escape From Assassination Attempt in Kaduna

Atiku Abubakar Opens up About Narrow Escape From Assassination Attempt in Kaduna

by kumornews
May 19, 2025
0

Former Vice President Atiku Abubakar has shared a chilling story of an alleged assassination attempt in Kaduna State, revealing how...

Next Post
Amaechi: Why I Didn’t Support Tinubu – “I Didn’t Believe He Could Lead Nigeria”

Amaechi: Why I Didn’t Support Tinubu – “I Didn’t Believe He Could Lead Nigeria''

[Watch Video] Priscilla Ojo Chooses Velar Over G-Wagon, Says She's Not Into Flashy Cars

Tackling Period Poverty: Be Girl Inc. Pushes for Menstrual Equity in Nigeria

Tackling Period Poverty: Be Girl Inc. Pushes for Menstrual Equity in Nigeria

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Pastor Chris Oyakhilome Sparks Controversy Over Salt Consumption Advice

Pastor Chris Oyakhilome Sparks Controversy Over Salt Consumption Advice

4 weeks ago
FG Reaffirms Commitment to a Sustainable Business Environment, Says Edun

FG Reaffirms Commitment to a Sustainable Business Environment, Says Edun

3 months ago
Facebook Twitter Instagram TikTok Youtube

Kumornews

Kumornews is an online news channel that has different categories on; entertainment news, politics, national, sports, international, educational & business news.

  • About
  • Advertise
  • Contact
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 KUMORNEWS MEDIA - Built with Love by KUMORGROUP

No Result
View All Result
  • Entertainment
  • Politics
  • National
  • Business
  • Education
  • News Extra
  • Celebrity
  • International
  • Sport
  • Technology

Copyright © 2025 KUMORNEWS MEDIA - Built with Love by KUMORGROUP