President Tinubu
Picnews
President Bola Tinubu has assured Nigerians that his administration’s economic reforms will continue, prioritizing citizens’ prosperity and empowerment. He emphasized that the repositioning of the economy through right policies has enabled greater allocations to states, driving projects that directly impact people’s livelihoods.
Tinubu commended Governor Umaru Fintiri of Adamawa State for effectively utilizing allocations to build roads, educational institutions, and other impactful projects. He urged state governments to channel resources into fighting poverty, especially by improving education quality for children.
The President’s vision focuses on investing heavily in agriculture and human capital development to achieve food security and self-sufficiency. He believes that with collective effort, Nigeria will achieve more macroeconomic successes and prosperity for its citizens.
Tinubu’s administration has made notable progress, with inflation slowing down to 15.10% in January 2026, marking the tenth consecutive monthly decline. The central bank’s efforts are expected to yield positive results.
The 2026 budget, themed “Budget of Consolidation, Renewed Resilience and Shared Prosperity,” prioritizes fiscal sustainability, debt transparency, and value-for-money spending. Key allocations include defence and security (N5.41 trillion), infrastructure (N3.56 trillion), education (N3.52 trillion), and healthcare (N2.48 trillion).
Tinubu’s Renewed Hope Agenda aims to empower citizens, stimulate local economies, and expand grassroots opportunities. The administration plans to accelerate the Renewed Hope Ward Development Programme, targeting 10 million Nigerians in productive economic activities.
The President has also emphasized tax reforms, aiming to harmonize Nigeria’s tax system, reduce multiple taxation, and strengthen revenue generation. He encourages states to adopt harmonized tax laws, reducing burdens on citizens and businesses.
Tinubu’s commitment to economic reforms and citizen empowerment is expected to drive Nigeria’s growth and development.
