Tinubu to Nigerians: 2026’ll herald stronger economic growth, lower inflation

President Bola Tinubu has declared that 2026 will mark the beginning of a more robust phase of economic growth for Nigeria, assuring citizens that recent reforms are yielding measurable gains and positioning the country for sustained prosperity.

In his New Year goodwill message to Nigerians on Thursday, January 1, 2026, Tinubu said the economy closed 2025 on a strong footing despite global headwinds, recording steady GDP growth projected to exceed four per cent for the year.

He noted that inflation declined steadily to below 15 per cent, exchange rate stability improved, and trade surpluses were maintained.

Tinubu also highlighted the strong performance of the Nigerian Stock Exchange, which posted a 48.12 per cent gain in 2025, as well as improved foreign investor confidence.

According to him, foreign direct investment rose sharply to $720 million in the third quarter of 2025, up from $90 million in the previous quarter, while foreign reserves stood at $45.4 billion as of December 29, providing a solid buffer for the naira.

The president said the focus in 2026 would be on consolidating economic gains through fiscal discipline, tax reforms and increased investment in infrastructure and human capital.

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Tinubu stated that the administration’s tax harmonisation agenda aims to reduce multiple taxation, raise revenue sustainably and create a fairer fiscal system that supports growth and shared prosperity.

On security, Tinubu reaffirmed the government’s commitment to tackling terrorism and criminality, disclosing that decisive actions were taken against terror networks in late December in collaboration with international partners.

He added that security agencies would deepen cooperation locally and globally in 2026 to safeguard lives, property and national stability.

The president also pledged to accelerate inclusive growth through the Renewed Hope Ward Development Programme, aimed at empowering at least 10 million Nigerians by creating economic opportunities across all wards in the country.

He assured that investments in roads, power, ports, rail, healthcare, education and agriculture would continue without interruption.

Calling for unity and patriotism, Tinubu urged Nigerians to work together to support nation-building efforts, stressing that economic progress must translate into tangible improvements in citizens’ lives.

He wished Nigerians a peaceful, productive and prosperous 2026, reaffirming his confidence that the country is on a steady path to long-term growth and stability.

The Star