Tinubu Marks Anniversary Amid Reform Debate, Growth
Tinubu Marks Anniversary Amid Reform Debate, Growth

Tinubu Marks Anniversary Amid Reform Debate, Growth

News summary

As President Bola Tinubu marked his administration's second anniversary, he acknowledged the hardships caused by economic reforms such as fuel subsidy removal and naira devaluation, emphasizing their necessity for sustainable development. Former President Muhammadu Buhari backed Tinubu's reform agenda, urging patience and warning against political distractions. Despite a severe cost-of-living crisis, Nigeria's economy saw its fastest growth in a decade in 2024, with a World Bank projection of 3.6% growth for 2025. Infrastructure, finance, and regulatory reforms aim to boost competitiveness and investor confidence. A faction of the Social Democratic Party criticized opposition coalitions seeking to unseat Tinubu, instead pledging constructive oversight. The political climate remains fluid as the administration reaches its midterm, with both support and opposition shaping national discourse.

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