News
Curfew Spreads To Three States As #EndBadGovernance Protests Continue

Live Update:
Nigerians poured into the streets in major cities across the nation to protest against economic hardship despite the government’s last-minute push to prevent the demonstration.
Inflation has reached 34 per cent owing majorly to the twin policies of subsidy removal and floating of the naira. That has pushed the cost of basic items beyond the reach of millions of Nigerians.
Talks about the demonstration tagged #EndBadGovernance protest had gained momentum on social media, leading discussions among young Nigerians on digital platforms.
Authorities across the country had in the wake of calls for the protest rallied around to halt it.
They warned that they might be hijacked by criminals. While they admitted to the challenges facing the nation, they urged the organisers to shelve the protest and give the government more time to address the issues raised.
But undeterred, the Take It Back Movement, one of the organisers of the protest said it was not going back on the rallies.
Some of the demands of the protesters include the restoration of petrol subsidies and the forex regime. They also want the government to address food shortages, unemployment, and wasteful spending by those in power.
Other are immediate reforms of the electoral umpire, the Independent National Electoral Commission (INEC), and the anti-graft agency, the Economic and Financial Crimes Commission (EFCC) with renewed vigour in the fight against corrupt politicians.
05: 57 pm: [Nationwide Protests] Curfew imposed in Karu LGA of Nasarawa StateA 6 pm to 6 am curfew has been imposed in Karu Local Government Area of Nasarawa state indefinitely.
The chairman of Karu James Thomas imposed the curfew to restore calm after the protest turned violent in the area resulting in destruction, looting, stealing, highway blockade, and vandalism in the Mararraba area, the border between the State and the Federal Capital Territory, Abuja.
05:56 pm: Police Arrest Eleven In Niger State, Tafa LGA Secretariat Partly Burnt, Other Valuables DamagedFollowing the nationwide protest which commence today 1st August, some miscreants in the Tafa Local Government Area of Niger State have set ablaze some parts of the LGA located in Sabon Wuse.
Confirming the incident, the commissioner of Police, Niger State Command Shawulu Danmamman said the criminals who had vandalised and looted some properties belonging to the local government were arrested along Abuja-Kaduna road.
The Commissioner of Police, who was in the local government to see firsthand hand the extent of damage, said the police will not watch hoodlums disrupt the peace and stability of the generality of the people in the name of protest.
05:43 pm: [Protests] Cops Tear-Gassed Hoodlums, Won’t Allow Anarchy – Police.
05: 27 pm: Obaseki Meets With Protesters. The Edo State Governor Godwin Obaseki, on Thursday, addressed protesters within the Benin metropolis in the wake of the nationwide #EndBadGovernance protests by citizens to express displeasure over the difficult living conditions, arising from various policies that the Federal Government has implemented.
Obaseki who empathised with the protesters at Ring Road, Benin City, the Edo State capital, said he was aware of the pains and sufferings faced by the Edo people and all Nigerians, promising to convey their demands to President Bola Tinubu.
05:22 pm: The police in Nasarawa State have dispersed protesters in Lafia, the state capital.
This is to prevent further breakdown of law and order after some of them began burning tires and destroying vehicles.
The All Progressives Congress (APC) secretariat in Lafia was also attacked before the security personnel chased them.
05:01: Adegboruwa commends protesters, says rallies continueA human rights lawyer and one of the representatives of the protest organisers Ebun-Olu Adegboruwa has hailed the protesters for their peaceful disposition, calling on them to return on Friday.
04: 53 pm: Protesters gathered at the Old Airport roundabout in Jos, Plateau State in continuation of the rallies.
As the time for afternoon prayers approached, the Muslim faithful converged to offer the Zuhr prayers. As a mark of solidarity and unity of purpose for the protest, the Christian brethren offered security and cover for them while the prayers lasted and thereafter resumed the procession.
04: 32: Fifty-three suspects have been arrested in Bauchi State capital for alleged unlawful assembly and breach of public peace.
04: 23 pm: Protests have turned violent in Hadejia, Jigawa State. In Dutse, the state capital, the protesters who marched to the Government House were dispersed.
04:20 pm: Kano Govt Declares Curfew After Looting Of Park. The newly built Nigeria Communication Commission (NCC) Industrial Park in Kano has been looted by hoodlums amidst a wave of nationwide protests against economic hardship.
The ICT centre, scheduled for commissioning next week, was also set ablaze during the unrest.
In response to the escalating violence, Kano State Governor Abba Yusuf has declared a 24-hour curfew across the state.
“We are deeply concerned by the turn of events and are taking all necessary measures to restore order. I urge all residents to remain indoors as security agencies work to enforce the curfew,” he stated.
04:16 pm: Ebonyi Government Commends the Youths for Shunning Protest.
The Ebonyi state government has commended the youths for their decision to listen to the advice of the state leaders at all levels and refuse to be lured into the nationwide protest.
This is contained in a statement signed by the state commissioner for Information and orientation Jude Okpor.
According to Okpor, the government expresses thanks to the youths for their patriotic stance, stressing that the government views the youths’ decision as a strong support for Governor Francis Nwifuru-led administration.
03: 58 pm: The protesters here in Ojota, Lagos State have rounded off for the day. They say they’ll reconvene on Friday morning.
03:43 pm: Yobe Govt. imposes curfew in three LGAs. After violent protests in some parts of Yobe State, the government has imposed a 24-hour in Potiskum, Gashua, and Nguru towns where some hoodlums are taking advantage of the protest to vandalize, and loot government and private properties.
The Special Adviser to Governor Mai Mala Buni on Security Matters Dairy Abdulsalam urged the general public to abide by the curfew order and stay at home for peace to reign in the affected areas and the state at large.
03:18 pm: The atmosphere in Anambra State is still calm with no news of protest in any part of the state whether in the urban, semi-urban, or rural areas.
02:41 pm: Suspected hoodlums hijack protest in Katsina, loot properties.
02:37 pm: Protesters vandalise streetlights, and signboards as they cater away with valuables on Katsina Road, Airport Roundabout in Kano.
02:19 pm: The spokesman of Yobe State Police Command DSP Dungus Abdulkarim has confirmed the burning of mass transit buses in Potiskum.
02:14 pm: Police tear gas protesters in Abuja
02:13 pm: Wike commends protesters for shunning violence in the FCT
01: 56 pm: Protesters in Lafia, the Nasarawa State capital, have joined the nationwide demonstration.
There is a heavy security presence to ensure a peaceful procession. The Nasarawa Commissioner of Police, Usman Nadada, had announced the deployment of 4,000 personnel to monitor the protest in the state.
They carried placards with several inscriptions like, ‘End Bad Governance’, ‘We are Hungry,’ and chants of ‘ba mu yi’ in Hausa, meaning, ‘We are not interested.
01:55 pm: Fubara Hails Protesters’ Peaceful Disposition In Rivers.
Rivers State Governor Siminalayi Fubara has commended protesters in the state for being peaceful, despite the reality of the economic hardship that prompted the agitation.
Governor Fubara stated this while addressing the protesters who marched to the Government House in Port Harcourt to register their grievances.
He reassured the youths of his unwavering commitment to improving the state’s economy and the overall welfare of the people.
The governor said the peaceful nature of the protests demonstrates their genuine desire for positive change and underscores the importance of addressing their concerns promptly.
He urged the protesters to continue to exercise patience and trust in his administration’s efforts to bring about meaningful economic reforms.
He, however, cautioned the protesters to be vigilant against elements within the state who might attempt to hijack the peaceful protest to incite violence, particularly in the current political situation.
01:44 pm: The police have arrested 25 suspects in connection with the violent attacks on government agencies. The spokesman of the Kaduna Police Command Mansir Hassan said some of the arrested suspects are IMN members.
One of the suspects was caught with AK-47 live ammunition, a jack knife, and a police camouflage uniform.
01:21 pm: Protesters in Benin, Edo State are gathered at the King Square.
01:18 pm: The police fire tear gas on protesters at the Inter Bau roundabout in Asaba, Delta State.
01:16 pm: Protesters in Bauchi Regroup, Advance To the Govt House Protesters in the Bauchi metropolis have regrouped and are insisting on advancing to the government house after being dispersed by the police at the Emir’s Palace.
They marched to the Nassarawa Gate and CBN Roundabout but were dispersed once again by the police. Roads leading to the government house have been barricaded, and movement around the vicinity is restricted.
The organisers of the ‘Take it Back’ protest earlier stated that they were finding it difficult to control the youths who had joined the protest.
01:05 pm: Port Harcourt Turns Ghost Town Amidst ‘End Bad Governance’ ProtestIn Port Harcourt, the Rivers State capital, Day 1 of the nationwide ‘End Bad Governance’ protest left the city looking like a ghost town. Places known to be a beehive of activities, even on public holidays, are a shadow of themselves.
12:54 pm: Gov Diri Applauds Bayelsa Youths For ‘Abstaining From National Protest’.
12:46 pm: Police, Army Disperse Protesters In Zamfara. The joint security forces of the police and the army have dispersed some protesters who mounted a roadblock and burned tyres along Government House in Gusau, Zamfara State.
The police operatives fired teargas to disperse the protesters while the Nigerian Army deployed an armored vehicle to the scene to restore normalcy.
12: 29 pm: The state traffic law enforcement agency located along Sokoto Road, near the Government House in Kaduna has been set on fire.
12: 19 pm: In Ado Ekiti, the Ekiti State capital, the atmosphere is calm and no protesters have been seen on the major streets this early morning but the streets are scanty.
The state governor did a state-wide broadcast on Wednesday and the state assembly also held a plenary to appeal to citizens to consider the possible unforeseen negative effects of such protests.
Stakeholders and other unions in the state also condemned the proposed protest, saying that the country can not have a repeat of the 2020 #EndSARS protest which took many lives and properties destroyed all over the country.
12: 08 pm: The Gidan Baban Gwari area of the Kano metropolis is flooded with protesters carrying placards and green leaves. Security personnel are seen ensuring that there is no breakdown of law and order.
11:55 am: Police disperse protesters with teargas at the National Assembly junction in Abuja.
11:53 am: The protest just commenced in Taraba State. But Security agencies have asked that they turn back even as they chant saying let the government return fuel subsidy.
10: 35 am: In Ilorin, the Kwara State capital, most of the major roads are nearly empty.
The commercial areas like Challenge saw few shops open for businesses.
A magistrate court yesterday gave an order that the planned protest should be restricted to the Metropolitan Square and some minutes to noon.
The place is empty of protesters except few security operatives on the ground.
11:36 am: The protesters have arrived at the Rivers State Government House. They’re waiting for Governor Sim Fubara to come and address them.
11: 28 am: There is a charged atmosphere in Ojota, Lagos as protesters chase a small group of anti-protest campaigners.
11:24 am: There are partially empty streets in Lafia, the Nasarawa State capital.
11:19 am: Members of Initiative for Better and Brighter Nigeria on procession in Jos.
11:16 am: Protesters are now at the Lekki Toll Gate. They are carrying placards with different messages.
They, were, however, informed of a court order restricting their gathering to Alausa. But the few who gathered rejected relocating to Alausa and continued their protest.
But they were dispersed after the police fired teargas at them.
11:08 am: Students marching in support of the President at Farmcentre in Kano State.
11:01 am: As of now in Cross River State, the protest is only held along the Mary Slessor axis in Calabar. They are protesting under the rain, stating their plight.
10: 52 am: The protest in Bauchi State has been disrupted as police fired tear gas at demonstrators.
The protesters, who had assembled in front of the Emir’s palace to demand a meeting with the Emir, were stopped by a police barricade. Fearing the crowd was becoming unruly, the police deployed tear gas.
The youths are insisting that they be allowed to continue their protest.
10: 51 am: It’s a rainy morning in Lafia, the Nasarawa State capital.
A visit across the city shows a partially empty street, with businesses shut down. Even the Lafia Modern Market has few traders with a security presence to ensure law and order.
The police had announced the deployment of 4,000 personnel across the state. There is no protest going on at the moment in the state.
Several groups had dissociated from the action, following appeals from several quarters, including the government.
10:42 am: There are also counter-protesters at the Moshood Abiola National Stadium in Abuja.
10:42 am: Major roads in Umuahia, the Abia State Capital are virtually empty as only commercial buses, tricyclists and few private vehicles could be seen operating.
There is no sign of likely protest as protesters could not be seen in sight but traders. Banks, eateries, fuel stations, supermarts, and others are under lock.
10:40 am: Protesters moving to Eagle Square in Abuja, leaving the approved venue (MKO Abiola Stadium).
10:35 am: Protesters were throwing stones at journalists in the Gwange area of the Maiduguri metropolis, Yobe State.
10:32 am: At the moment, the streets are empty in some areas in Jalingo, Taraba with security agencies manning government facilities.
Few protesters were seen matching to the government house with placards. In some other areas, it is business as usual.
10:25 am: The atmosphere at the Lekki Toll Gate in Lagos remains calm. There are no protesters. Meanwhile, security personnel are on the ground there.
10:21 am: A sudden violent protest has erupted in Gombe State.
A swarm of protesters had converged at the Government House premises trying to gain forceful entry into the facility. But security personnel are holding the line.
10: 16 am: In Alausa, Ikeja CBD of Lagos, the shopping mall is almost empty. The Lekki Expressway is in almost the same situation.
10:10 am: Residents of Maiduguri in Borno State are also protesting.
10:09 am: There are protests virtually everywhere in the Kano State. The protesters are marching towards the Government House.
10:06 am: Some persons have taken to the streets of Damaturu in Yobe State to protest hardship and hunger.
They are holding a peaceful protest from Maiduguri Road to possibly terminate at the Governor’s Office.
10:05 am: At the moment, Kaduna is peaceful.
However, a group of youth has converged at the NEPA Roundabout in protest of the prevailing economic situation in the country.
Displaying some placards with different inscriptions, the protesters march along the NEPA Roundabout to Ahmadu Bello Way, singing.
They are calling on President Bola Tinubu to immediately reverse the fuel subsidy removal and also address the problem of insecurity in the north particularly.
09: 15 am: The Lagos-Ibadan Expressway both inwards and outwards Lagos (Arepo Bus stop) was without the usual busy traffic this morning. Arepo is about 7km outside Lagos.
10:09 am: ‘We believe in Nigeria’s unity and progress,’ protesters in Plateau demand good governance.
08:25 am: Protesters were at the Ikeja Underbridge in Lagos State on a procession, defying a court order barring street rallies. But security agencies tried to bar them from proceeding.
8:24 am: Another deployment of policemen has arrived the Port Harcourt Pleasure Park.
8:22 am: At the MKO Abiola Stadium in Abuja, the protesters (numbering about 50) are gathered at the entrance of the facility.
Among the protesters are members of the “Enough Is Enough” group. One of the co-conveners Deji Adeyanju says security officials have been cooperative so far with them.
There is a sizeable deployment of security personnel at the stadium, comprising police, army, and officials of the NSCDC.
08:21 am: Banks, markets, and business establishments are closed in Owerri as protesters are closed.
08:19: Some of the protesters are singing the old national anthem as a form of protest here in Port Harcourt.
8:18 am: A group gathered in the Alausa area of Lagos. They say they are not protesting but rallying against violent protest.
The DPO of the police station there also came to address the group. She said they should go to Gani Fawehinmi Park because they are not allowed to gather here.
8:03 am: Banks, markets, and business premises are closed in Owerri, Imo State. Scanty movement. No sight of protesters yet.
8:00 am: Protesters are not in sight yet at Ojota in Lagos but the police are on the ground.
7:53 am: Roads deserted at the Stadium Roundabout in the Kaduna State capital.
7:45 am: Heavy security presence in Sokoto metropolis, as the planned nationwide protest kickstarts, to ensure orderliness.
7:40 am: Protesters already gathered at the MKO Abiola Stadium in Abuja.
7:38 am: Protesters have started congregating in front of the popular Port Harcourt Pleasure Park in Rivers State.
7:20 am: Scanty movement at the Lekki Toll Gate in Lagos State.What is supposed to be a busy axis of the Lagos metropolis for a workday is witnessing unusual quietness.
News
Kogi Enforcing Ban on Trailer Parks from October 29 – Fanwo
The decision followed credible intelligence reports that some trailer parks in the state, particularly those located at Zariagi and Osara, have become hideouts for criminal elements.

Kogi State Governor, Ahmed Usman Ododo, has announced that strict enforcement of the ban on trailer parks across the state will start effective from October 29, 2025.
Commissioner for Information and Communications, Kingsley Femi Fanwo, who disclosed this in Lokoja, said that the decision followed credible intelligence reports that some trailer parks in the state, particularly those located at Zariagi and Osara, have become hideouts for criminal elements.
He emphasised that the government cannot fold its arms while such facilities are used to compromise the security of lives and property in the state.“
The directive of His Excellency, Governor Ahmed Usman Ododo, is clear. From October 29, 2025, the state will begin full enforcement of the ban on trailer parks.
Intelligence at our disposal shows that some of these parks, especially those at Zariagi and Osara, harbor criminals who threaten the peace and security of our people.
This is a proactive and preventive measure. We have decided to move ahead of the criminals instead of lamenting after lives might have been lost.
Government will not allow that to continue,” Fanwo said.
He revealed that security agencies across the state have been strictly briefed to enforce the order without compromise, stressing that violators will face the full weight of the law.
The Commissioner further noted that the enforcement is backed by law, as Governor Ododo has already signed into law a bill banning the movement of articulated trucks during the day.
Fanwo urged operators to comply before the enforcement date and called on residents to support the government’s action, stressing that protecting lives and securing communities remain the top priority of the present administration.
International
Deported Nigerian Claims Ghanaian Officials Abandoned Him in Togo

A Nigerian man deported from the United States to Ghana has alleged that he is now stranded in Togo after Ghanaian authorities secretly transferred him and five others across the border without informing Togolese officials.
According to on Wednesday, the man, who spoke anonymously, said he was initially held at a military camp in Ghana after being deported last month along with other West African nationals. He claims Ghanaian officials promised to relocate them to better accommodation but instead covertly transported them into neighbouring Togo via a back route.
“They did not take us through the main border; they took us through the back door. They paid the police there and dropped us in Togo,” he said.
The group, which includes three Nigerians, a Liberian, and others, is now sheltering in a hotel in Lomé, the Togolese capital. None of them have valid documentation, and they are relying on hotel staff to help receive financial aid from relatives abroad.
“We’re struggling to survive in Togo without any documentation,” the man told the BBC. “None of us has family here. We’re just stuck.”
He said life in the Ghanaian military camp was “deplorable,” citing poor water, lack of medical care, and harsh conditions. After complaints to authorities, the group was told they would be moved to a hotel. Instead, they were driven to the Togo border and allegedly coerced under false pretenses.
“When we arrived [at the border], we asked what we were doing there. They told us we needed to sign some paperwork to go to a hotel. We didn’t sign anything,” he said.
The man also shared the personal toll of his deportation. “I have a house in the US where my kids live. How am I supposed to pay the mortgage? My kids can’t see me. It’s just so stressful.”
He is reportedly a member of the Yoruba Self-Determination Movement, an organisation campaigning for an independent Yoruba nation in south-west Nigeria. He fears persecution if forced to return to Nigeria and claims he had court-ordered protection in the US, which should have prevented his deportation. The US government has not publicly addressed this claim.
The deportee was part of a larger group of West Africans — including citizens of Liberia, The Gambia, and Togo — who were flown from US detention facilities to Ghana last month. Human rights lawyers representing the group have filed legal action against both the US and Ghana, citing violations of international protection and due process.
Ghanaian officials, including Foreign Minister Samuel Okudzeto Ablakwa, have defended their decision, saying Ghana accepted the deportees based on “pan-African empathy” and denied receiving any financial compensation.
However, the deal — announced by President John Mahama — has drawn criticism from opposition lawmakers, who are now calling for its suspension until it is properly reviewed and ratified by parliament. Despite the controversy, the government is reportedly preparing to receive an additional 40 deportees.
As the legal battle unfolds and diplomatic pressure mounts, the fate of the stranded deportees in Togo remains uncertain.
News
Nigeria’s 65th Independence: Tinubu’s full speech

NATIONAL BROADCAST BY HIS EXCELLENCY BOLA AHNED TINUBU, GCFR, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA ON THE 65TH INDEPENDENCE ANNIVERSARY OF NIGERIA, OCTOBER 1, 2025
Fellow Nigerians,
Today marks the 65th anniversary of our great nation’s Independence. As we reflect on the significance of this day and our journey of nationhood since October 1, 1960, when our founding fathers accepted the instruments of self-government from colonial rule, let us remember their sacrifice, devotion, and grand dream of a strong, prosperous, and united Nigeria that will lead Africa and be the beacon of light to the rest of the world.
Our founding heroes and heroines—Herbert Macaulay, Dr Nnamdi Azikiwe, Sir Abubakar Tafawa Balewa, Chief Obafemi Awolowo, Sir Ahmadu Bello, Margaret Ekpo, Anthony Enahoro, Ladoke Akintola, Michael Okpara, Aminu Kano, Funmilayo Ransome-Kuti, and other nationalists—believed it was Nigeria’s manifest destiny to lead the entire black race as the largest black nation on earth.
For decades, the promise of our Independence has been tested by profound social, economic, and political challenges, and we have survived. While we may not have achieved all the lofty dreams of our forebearers, we have not strayed too far from them. In 65 years since our Independence, we have made tremendous progress in economic growth, social cohesion, and physical development. Our economy has experienced significant growth since 1960.
Although, it is much easier for those whose vocation is to focus solely on what ought to be, we must recognise and celebrate our significant progress. Nigerians today have access to better education and healthcare than in 1960. At Independence, Nigeria had 120 secondary schools with a student population of about 130,000. Available data indicate that, as of year 2024, there were more than 23,000 secondary schools in our country. At Independence, we had only the University of Ibadan and Yaba College of Technology as the two tertiary institutions in Nigeria. By the end of last year, there were 274 universities, 183 Polytechnics, and 236 Colleges of Education in Nigeria, comprising Federal, State, and private institutions. We have experienced a significant surge in growth across every sector of our national life since Independence – in healthcare, infrastructure, financial services, manufacturing, telecommunications, information technology, aviation and defence, among others.
Our country has experienced both the good and the bad times in its 65 years of nationhood, as is normal for every nation and its people. We fought a bitter and avoidable civil war, experienced military dictatorships, and lived through major political crises. In all these, we weathered every storm and overcame every challenge with courage, grit, and uncommon determination. While our system and ties that bind us are sometimes stretched by insidious forces opposed to our values and ways of life, we continue to strive to build a more perfect union where every Nigerian can find better accommodation and find purpose and fulfilment.
Fellow Compatriots, this is the third time I will address you on our independence anniversary since I assumed office as your President on May 29, 2023. In the last 28 months of my administration, like our founding fathers and leaders who came before me, I have committed myself irrevocably to the unfinished nation-building business.
Upon assuming office, our administration inherited a near-collapsed economy caused by decades of fiscal policy distortions and misalignment that had impaired real growth. As a new administration, we faced a simple choice: continue business as usual and watch our nation drift, or embark on a courageous, fundamental reform path. We chose the path of reform. We chose the path of tomorrow over the comfort of today. Less than three years later, the seeds of those difficult but necessary decisions are bearing fruit.
In resetting our country for sustainable growth, we ended the corrupt fuel subsidies and multiple foreign exchange rates that created massive incentives for a rentier economy, benefiting only a tiny minority. At the same time, the masses received little or nothing from our Commonwealth. Our administration has redirected the economy towards a more inclusive path, channelling money to fund education, healthcare, national security, agriculture, and critical economic infrastructure, such as roads, power, broadband, and social investment programmes. These initiatives will generally improve Nigerians’ quality of life. As a result of the tough decisions we made, the Federal and State governments, including Local Governments, now have more resources to take care of the people at the lower level of the ladder, to address our development challenges.
Fellow Nigerians, we are racing against time. We must build the roads we need, repair the ones that have become decrepit, and construct the schools our children will attend and the hospitals that will care for our people. We have to plan for the generations that will come after us. We do not have enough electricity to power our industries and homes today, or the resources to repair our deteriorating roads, build seaports, railroads, and international airports comparable to the best in the world, because we failed to make the necessary investments decades ago. Our administration is setting things right.
I am pleased to report that we have finally turned the corner. The worst is over, I say. Yesterday’s pains are giving way to relief. I salute your endurance, support, and understanding. I will continue to work for you and justify the confidence you reposed in me to steer the ship of our nation to a safe harbour.
Under our leadership, our economy is recovering fast, and the reforms we started over two years ago are delivering tangible results. The second quarter 2025 Gross Domestic Product grew by 4.23%—Nigeria’s fastest pace in four years—and outpaced the 3.4 per cent projected by the International Monetary Fund. Inflation declined to 20.12% in August 2025, the lowest level in three years. The administration is working diligently to boost agricultural production and ensure food security, reducing food costs.
In the last two years of our administration, we have achieved 12 remarkable economic milestones as a result of the implementation of our sound fiscal and monetary policies:
We have attained a record-breaking increase in non-oil revenue, achieving the 2025 target by August with over N20 trillion. In September 2025 alone, we raised N3.65 trillion, 411% higher than the amount raised in May 2023.
We have restored Fiscal Health: Our debt service-to-revenue ratio has been significantly reduced from 97% to below 50%. We have paid down the infamous “Ways and Means” advances that threatened our economic stability and triggered inflation. Following the removal of the corrupt petroleum subsidy, we have freed up trillions of Naira for targeted investment in the real economy and social programmes for the most vulnerable, as well as all tiers of government.
We have a stronger foreign Reserve position than three years ago. Our external reserves increased to $42.03 billion this September—the highest since 2019.
Our tax-to-GDP ratio has risen to 13.5 per cent from less than 10 per cent. The ratio is expected to increase further when the new tax law takes effect in January. The tax law is not about increasing the burden on existing taxpayers but about expanding the base to build the Nigeria we deserve and providing tax relief to low-income earners.
We are now a Net Exporter: Nigeria has recorded a trade surplus for five consecutive quarters. We are now selling more to the world than we are buying, a fundamental shift that strengthens our currency and creates jobs at home. Nigeria’s trade surplus increased by 44.3% in Q2 2025 to ₦7.46 trillion ($4.74 billion), the largest in about three years. Goods manufactured in Nigeria and exported jumped by 173%. Non-oil exports, as a component of our export trade, now represent 48 per cent, compared to oil exports, which account for 52 per cent. This signals that we are diversifying our economy and foreign exchange sources outside oil and gas.
Oil production rebounded to 1.68 million barrels per day from barely one million in May 2023. The increase occurred due to improved security, new investments, and better stakeholder management in the Niger Delta. Furthermore, the country has made notable advancements by refining PMS domestically for the first time in four decades. It has also established itself as the continent’s leading exporter of aviation fuel.
The Naira has stabilised from the turbulence and volatility witnessed in 2023 and 2024. The gap between the official rate and the unofficial market has reduced substantially, following FX reforms and fresh capital and remittance inflows. The multiple exchange rates, which fostered corruption and arbitrage, are now part of history. Additionally, our currency rate against the dollar is no longer determined by fluctuations in crude oil prices.
Under the social investment programme to support poor households and vulnerable Nigerians, N330 billion has been disbursed to eight million households, many of whom have received either one or two out of the three tranches of the N25,000 each.
Coal mining recovered dramatically from a 22% decline in Q1 to 57.5% growth in Q2, becoming one of Nigeria’s fastest-growing sectors. The solid mineral sector is now pivotal in our economy, encouraging value-added production of minerals extracted from our soil.
The administration is expanding transport infrastructure across the country, covering rail, roads, airports, and seaports. Rail and water transport grew by over 40% and 27%, respectively. The 284-kilometre Kano-Kastina-Maradi Standard Gauge rail project and the Kaduna-Kano rail line are nearing completion. Work is progressing well on the legacy Lagos-Calabar Coastal Highway and Sokoto-Badagry Highway. The Federal Executive Council recently approved $3 billion to complete the Eastern Rail Project.
The world is taking notice of our efforts. Sovereign credit rating agencies have upgraded their outlook for Nigeria, recognising our improved economic fundamentals. Our stock market is experiencing an unprecedented boom, rising from an all-share index of 55,000 points in May 2003 to 142,000 points as of September 26, 2025.
At its last MPC meeting, the Central Bank slashed interest rates for the first time in five years, expressing confidence in our country’s macroeconomic stability.
SECURITY:
We are working diligently to enhance national security, ensuring our economy experiences improved growth and performance. The officers and men of our armed forces and other security agencies are working tirelessly and making significant sacrifices to keep us safe. They are winning the war against terrorism, banditry and other violent crimes. We see their victories in their blood and sweat to stamp out Boko Haram Terror in North-East, IPOB/ESN terror in South East and banditry and kidnapping. We must continue to celebrate their gallantry and salute their courage on behalf of a grateful nation. Peace has returned to hundreds of our liberated communities in North-West and North-East, and thousands of our people have returned safely to their homes.
YOUTH:
I have a message for our young people. You are the future and the greatest assets of this blessed country. You must continue to dream big, innovate, and conquer more territories in your various fields of science, technology, sports, and the art and creative sector. Our administration, through policies and funding, will continue to give you wings to fly sky-high. We created NELFUND to support students with loans for their educational pursuits. Approximately 510,000 students across 36 states and the FCT have benefited from this initiative, covering 228 higher institutions. As of September 10, the total loan disbursed was N99.5 billion, while the upkeep allowance stood at N44.7 billion.
Credicorp, another initiative of our administration, has granted 153,000 Nigerians N30 billion affordable loans for vehicles, solar energy, home upgrades, digital devices, and more.
YouthCred, which I promised last June, is a reality, with tens of thousands of NYSC members now active beneficiaries of consumer credit for resettlement.
Under our Renewed Hope Agenda, we promised to build a Nigeria where every young person, regardless of background, has an equitable opportunity to access a better future—thus, the Investment in Digital and Creative Enterprises (iDICE) programme. The Bank of Industry is driving the programme, in collaboration with the African Development Bank, the French Development Agency, and the Islamic Development Bank. This initiative is at the cusp of implementation. Over the last two years, we have collaborated with our partners to launch the programme, supporting our young builders and dreamers in the technology and creative sectors.
A MESSAGE OF HOPE
Fellow Nigerians, I have always candidly acknowledged that these reforms have come with some temporary pains. The biting effects of inflation and the rising cost of living remain a significant concern to our government. However, the alternative of allowing our country to descend into economic chaos or bankruptcy was not an option. Our macro-economic progress has proven that our sacrifices have not been in vain. Together, we are laying a new foundation cast in concrete, not on quicksand.
The accurate measure of our success will not be limited to economic statistics alone, but rather in the food on our families’ tables, the quality of education our children receive, the electricity in our homes, and the security in our communities. Let me assure you of our administration’s determination to ensure that the resources we have saved and the stability we have built are channelled into these critical areas. Today, the governors at the state level, and the local government autonomy are yielding more developments.
Therefore, on this 65th Anniversary of Our Independence, my message is hope and a call to action. The federal government will continue to do its part to fix the plumbing in our economy. Now, we must all turn on the taps of productivity, innovation, and enterprise, just like the Ministry of Interior has done with our travel passports, by quickening the processing. In this regard, I urge the sub-national entities to join us in nation-building. Let us be a nation of producers, not just consumers. Let us farm our land and build factories to process our produce. Let us patronise ‘Made-in-Nigeria’ goods. I say Nigeria first. Let us pay our taxes.
Finally, let all hands be on deck. Let us believe, once more, in the boundless potential of our great nation.
With Almighty God on our side, I can assure you that the dawn of a new, prosperous, self-reliant Nigeria is here.
Happy 65th Independence Anniversary, and may God continue to bless the Federal Republic of Nigeria.
Amen.
Bola Ahmed Tinubu, GCFR
President and Commander-In-Chief of the Armed Forces of the Federal Republic of Nigeria,
Presidential Villa,
Abuja.
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