Latest News

Retired IGP Adamu hails Tinubu’s ‘giant strides’ in two years

Former Inspector-General of Police (IGP), Mohammed Abubakar Adamu, has commended President Bola Tinubu for the significant achievements recorded during his two years in office.

In his goodwill message marking the second anniversary of Tinubu’s administration, the former police chief described the President’s leadership as highly impactful and transformative.

He praised the progress made across key sectors and urged Nigerians to support the government’s reform initiatives.

President Tinubu, who assumed office in May 2023, has spent the last two years implementing extensive reforms under the Renewed Hope Agenda.

The administration has been credited with improvements in power supply, with generation increasing to over 6,000 megawatts, and crude oil output rising from 600,000 barrels per day to approximately 1.8 million.

Economic indicators show steady progress. Inflation declined from 34.8 percent to 24.48 percent by February 2025, GDP rose by 3.8 percent, marking its highest level in five years, and debt servicing reduced from 97 percent to 68 percent.

The government also settled $5 billion in outstanding foreign exchange obligations, while revenue generation exceeded N9.1 trillion, and Nigeria’s trade surplus grew by 209.6 percent to N18.86 trillion in 2024.

Federal allocations to states increased alongside the adoption of a unified foreign exchange system aimed at strengthening economic stability.

Social interventions have remained a priority. The administration disbursed N45.6 billion in student loans across tertiary institutions, while ongoing reforms in the solid minerals sector are projected to generate $700 billion in long-term revenue.

Adamu commended the administration’s inclusive approach to governance, describing its accomplishments as clear evidence of a focused and determined leadership.

He also expressed confidence that the next phase of the Tinubu presidency would yield even more tangible benefits for Nigerians.

ALSO READ TOP STORIES FROM NIGERIAN TRIBUNE

Recent Posts

Nigeria undergoing silent, bold transformation under Tinubu — Shettima

VICE-president, Kashim Shettima, says Nigeria is witnessing a silent but bold transformation under the leadership…

4 minutes ago

African leaders unite at ASIF 2025 to drive continental transformation through sovereign investments

The Africa Sovereign Investors Forum (ASIF) 2025 wrapped up in Abuja with a renewed commitment…

1 hour ago

IMF explains how it finances itself, why it matters for global economy

The International Monetary Fund (IMF), widely known for supporting crisis-hit countries, has outlined how it…

2 hours ago

IMO: Oyetola flags-off Nigeria’s election campaign

IN a major diplomatic move on the sidelines of the 110th Session of the Maritime…

2 hours ago

Nigeria’s Q1 GDP data release delayed by over a month — Report

The release of Nigeria’s first-quarter Gross Domestic Product (GDP) report for 2025 has been delayed…

2 hours ago

Extend clearing agents’ license to two years, APFFLON begs Customs CG

The Africa Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) has called on…

2 hours ago

Welcome

Install

This website uses cookies.