2026 Marks the Beginning of a More Robust Phase of Economic Growth — President Tinubu

President Bola Ahmed Tinubu, GCFR, has declared that 2026 marks the beginning of a stronger, more inclusive, and sustainable phase of economic growth for Nigeria, following the successful implementation of key fiscal, monetary, and structural reforms in 2025.

According to the President, Nigeria closed 2025 on a strong footing, recording steady GDP growth exceeding 4 per cent, a significant decline in inflation to below 15 per cent, and a remarkable 48.12 per cent gain in the Nigerian Stock Exchange, one of the best-performing markets globally. These outcomes, he noted, demonstrate growing confidence in Nigeria’s economic direction.

President Tinubu also highlighted improvements in external buffers, with foreign reserves standing at $45.4 billion as of 29 December 2025, providing resilience against external shocks. Foreign Direct Investment rose sharply to $720 million in the third quarter of 2025, up from $90 million in the preceding quarter, reflecting renewed investor confidence. Global credit-rating agencies, including Moody’s, Fitch, and Standard & Poor’s, have consistently acknowledged Nigeria’s improving fiscal outlook.

Reaffirming his administration’s commitment to fiscal discipline, the President noted that the 2026 Appropriation Bill prioritises tax harmonisation, revenue sustainability, infrastructure development, and social investment. He emphasised that efforts to eliminate multiple taxation and strengthen public finance management will continue in collaboration with state governments.

On security, President Tinubu assured Nigerians that decisive actions against criminal and terrorist elements will be sustained, with enhanced cooperation among regional and international partners to protect lives, property, and national sovereignty.

The President further stated that 2026 will witness accelerated implementation of the Renewed Hope Ward Development Programme, aimed at empowering millions of Nigerians through agriculture, trade, skills development, and local enterprise across all wards of the federation. All ongoing infrastructure and social projects, he confirmed, will continue without interruption.

President Tinubu called on Nigerians to remain united, patient, and committed to nation-building, stressing that the reforms underway are designed to deliver lasting prosperity and improved quality of life for all citizens.

Signed:
Office of the President
Federal Republic of Nigeria
1 January 2026