Category: The Nation – Nigeria

It was with mixed feelings that I received the recent report of a heavy fine imposed on Amazon over a business practice infraction. After a two-year legal tango, the American online shopping giant was ordered by a U.S. court to pay a historic $2.5 billion settlement with the Federal Trade Commission (FTC).

Amazon was accused in 2023 of tricking consumers into signing up for its Prime subscription service and then made it hard to cancel.

It was established that Amazon used sophisticated subscription traps designed to manipulate consumers into enrolling in Prime, and then made it exceedingly hard for consumers to end their subscription.

For this, Amazon is required to pay a $1 billion civil penalty and provide another $1.5 billion in refunds to an estimated 35 million customers that were ‘harmed by their deceptive Prime enrolment practices’.

Not only did Amazon obey, it quickly unveiled remedial steps it was taking to be compliant with FTC rules. These include ‘clear and conspicuous disclosures’ about the terms of Prime during enrolment process and the ‘easy ways’ to cancel the programme.

For me, what is quite striking is the willingness shown by Amazon to obey the judgement and make restitution without any drama. Its response is consistent with the usual practice of corporates in the U.S. which clearly demonstrates a submission to the rule of law. This is unlike what happens elsewhere, particularly in Africa where these big corporate players behave like outlaws and often resort to all manner of dirty tactics to either stall or compromise judicial process in their respective country of operation. Sadly, they often engage indigenous lawyers without any form of patriotism to undermine their own fatherland.

The example of Amazon only reminds of the contrast of Meta found guilty of corporate atrocities in a place like Nigeria. With its footprints and fingerprints in many courts across the world, Meta can, in fact, rightly be described today as a serial international offender, often motivated by a carnal desire to maximise profit at the expense of the law.

Only in April here in Nigeria, many will recall that Meta was found guilty of heinous breaches including trading with the personal data of millions of unsuspecting Nigerians who use their platforms – Facebook and WhatsApp. The case was brought against them by Federal Competition and Consumer Protection Commission (FCCPC), Nigeria’s equivalent of U.S. FTC.

The fine imposed on Meta in April by the Nigerian tribunal was $220m, with June set as deadline for payment to the federal government.

Earlier in 2024, FCCPC had imposed the fine after due forensic investigation. But typically, Meta thumbed its nose in contempt. It filed an appeal at the tribunal. It took a whole year for the tribunal to review FCCPC’ argument and Meta’s defence before upholding the former.

But no sooner had the judgement been delivered than Meta arrogantly threatened to quit Nigeria, as if it was doing its Nigerian clients a favour. Of course, everyone knew it was all a bluff of a corporate Shylock caught pants down. Apparently realising how futile that was, Meta later resorted to the usual tactic to stall the wheel of justice: file a notice of appeal. Sadly, six months later, we have not heard anything about the case again.

But this is not how Meta behaves back home in America. In 2024, it was fined $1.4b in Texas for the same offence it was asked to pay a ‘chicken feed’ of $220m in Nigeria by FCCPC. The Texas court established that Meta had unlawfully collected and used facial recognition data from millions of Texans without their consent, violating the state’s Capture or Use of Biometric Identifier Act (CUBI).

Elsewhere in Europe, it was also asked to pay $1.3 billion for violating E.U. Data Privacy Rules. In India, South Korea, France and Australia, Meta had faced varying penalties for similar breaches.

But note: wherever it was founded guilty of market abuse outside Africa, Meta promptly obeyed the order to make restitution. It never resorted to the cheap blackmail of threatening to exit those countries.

It is the reason I believe every patriotic and proud Nigerian should be outraged by this seeming apartheid policy by Meta. In the 70s, 80s and early 90s, Nigerians didn’t take kindly with the Apartheid policy in South Africa. No justification, therefore, to stomach a similar insult by Meta. Good enough, there are viable alternatives now promoted by the Chinese. If Meta is not ready to play by the rules set by regulatory authorities in Nigeria like they do in other jurisdictions, they should pack their bags and go where their shenanigans will be tolerated.

President Bola Ahmed Tinubu has dismissed as false claims of persecution against Christians in Nigeria.

‘They are lying that we have religious persecution and differences. They lie all over the place that we have religious persecution.” Tinubu said at the presentation of a book authored by Imo State Governor Hope Uzodimma, in Owerri.

The event, held at the Emmanuel Iwanyanwu International Conference Centre, which is one of the three newly completed projects earlier inaugurated by the President.

The launch of the book titled ‘A Decade of Impactful Progressive Governance in Nigeria’ drew political heavyweights such as Senate President Goodwill Akpabio, House of Reps Speaker Tajudeen Abbas, Deputy Senate President Barau Jibrin, Deputy House of Reps Speaker Benjamin Kalu, All Progressives Congress (APC) governors and APC National Chairman Prof. Nentawe Goshwe Yilwatda.

Traditional rulers at the event included the Oni of Ife, Oba Adeyeye Enitan Ogunwusi; Obi of Onitsha Alfred Acbebe.

The President, who also listed his administration’s main achievements, added that those who made the allegation against the country failed to realise that Nigerians were advanced enough to engage in religious persecution.

”We are more developed, civilised and well educated. Our Muslim brothers and sisters and Christian brothers and sisters are helping us to build a nation.

”We are united, no religious persecution in Nigeria – it’s a lie from the pit of hell,’ Tinubu said.

Opening his remarks on an optimistic note, he took a jab at his administration’s critics.

‘Our critics can say whatever they want because they don’t know any better; their Arithmetic has always been wrong. We understand financial engineering and progressive methodology much better than they do. That’s why we are here.’

The President restated that Nigeria has ‘turned the corner’ and that ‘the worst is over.’

He therefore urged Nigerians to ‘stay the course’ as his administration’s Renewed Hope Agenda is translating into tangible recovery.

‘I stand before you confident, yet humble enough to say that Nigeria is no longer where it was 10 years ago. Today, I can confidently tell you that the worst is over. Stay the course. Believe in us because we believe in you. We trust the future’, Tinubu said.

The President pointed out that the country is steadily regaining economic credibility, citing a rise in external reserves and improving macroeconomic indicators.

‘Today, our external reserves stand at $42.03 billion, the highest since 2019. This is the proof that Nigeria is regaining its strength and credibility in the global economy,’ he stated.

He added that in the second quarter of this year, the economy grew by 4.23 percent while inflation eased to 20.12 percent in August.

The drop in inflation rate, which is described as ”relief ” is ‘the lowest in more than three years.’

”Slowly, but surely, the effects are reaching out to our people,” Tinubu said. But he had a message for Nigerians: ”You may not feel it yet, be patient.’

Underscoring a rebound in the real sector, President Tinubu reported that Nigeria’s trade surplus rose by more than 44 percent in the last quarter, while manufactured exports surged by 173 percent.

‘These numbers speak of a Nigeria that’s producing, exporting and competing more than ever before,’ he said, adding that the Naira has steadied as foreign-exchange reforms and new investment flows ‘restore confidence in our economy.’

While insisting that the upward climb ‘has been steep,’ President Tinubu maintained that the trajectory is now durable.

‘We will continue to work slowly up, but steadily now with our hands on the plough, no looking back. We are going to get to the top of the mountain,’ he said.

The President linked today’s momentum to the political turn Nigeria took a decade ago.

‘Ten years ago, our great party, the All Progressives Congress, came into office on the promise of change. That change is being witnessed here today,’ he said.

Tinubu credited the late President Muhammadu Buhari with beginning ‘the work of stabilisation,’ noting: ‘ Many years passed, mistakes were made, but the direction of our country shifted for the better ever since we came to power.’

He framed the events in Owerri as both a celebration and a record of stewardship.

Commending Governor Uzodimma for combining governance with authorship, Tinubu said: ‘Good job, good thinking, highly progressive, a man of great vision. Well done.’

By documenting ‘the milestones and struggles of the 10 years that we’ve gone through,’ said the President, the governor had given Nigeria ‘a gift.’

‘No nation can afford to forget its own journey, and no leader should escape the duty of stewardship,’ Tinubu said.

Reiterating his faith in Nigeria’s federal structure, Tinubu said the country is seeing practical dividends of reform.

‘By true federalism, there is no state governor of the Federal Republic of Nigeria that is struggling to pay salaries,’ he asserted, adding that new infrastructure ‘may outlive some of us.’

On education and social mobility, the President said: ‘Today, your children are in school. No child should go to bed hungry or be excluded from being able to pass and be admitted for higher education.’

The President highlighted improvements in healthcare capacity, saying Nigerians ‘can say confidently’ that there are well-equipped hospitals able to treat critical illnesses such as cancer.

‘We are investing in the welfare of our people. Right now, this economy will work for you, not for the smugglers, not for the corrupt,’ he said.

Tinubu thanked Nigerians for their ‘resilience,’ ‘endurance,’ and ‘perseverance,’ promising: ‘You will see prosperity, you will have it.’

Calling for patriotism as Nigeria marks 65 years of nationhood, Tinubu urged citizens to stop ‘talking ill’ of the country.

‘It’s 65 years of Independence – it is not a joke. We are proud of our forefathers. that Nigerians should be one, that it must be an inclusive government, that we must take care of the elderly, we must take care of the vulnerable, we must educate our children, build welfare that will take care of our healthcare system, [and] invest in agriculture mechanisation and irrigation,’ he said.

With adequate food production, he said, Nigeria would not only feed itself but ‘export to other countries.’

President Tinubu contrasted Nigeria’s present with ‘the old way’ that ‘brought our nation close to collapse.’

A ‘break with that past,’ he said, ‘was not an option; it was the only way forward. We broke the jinx.’

He urged Nigerians to ‘look forward,’ not back, and to measure progress by steady, real-world gains: ‘That growth is with purpose, not just on paper; it is real growth.’

Tinubu also defended the nation’s intellectual and cultural confidence amid international scrutiny.

‘We learn English, but we teach English too,’ he said, invoking a broader point about Nigeria’s capacity, cohesion, and ambition.

‘The last decade was a time of change; the coming decade will be an era of renewal and stability, and in that future, together, Nigeria will win. We will win with you’, the President assured.

Turning to Uzodimma, who is also chairman of the All Progressives Governors’ Forum, the President said: ‘You are a man of great vision, and I commend you for good thinking. Well done, seeing the projects that have been inaugurated and authoring a book is a challenging feat.’

Uzodimma reflected on Nigeria’s journey under the APC from 2015 to 2025, highlighting milestones, challenges, and lessons learned.

He emphasised that the book is not just a personal achievement but belongs to the APC family and Nigerians.

The governor described the book as a product of deep reflection that explains ‘progressivism’ in the Nigerian context.

He praised President Tinubu’s visionary leadership and role in forming the APC. He commended him for the economic progress in Nigeria.

Uzodimma told the gathering that Imo State has seen rapid infrastructure growth.

Senate President Akpabio hailed Uzodimma’s efforts in putting together a book that chronicles the APC’s achievements and his vision for Imo State.

Akpabio also commended the President for his leadership sagacity that attracts members of the opposition party to the APC.

‘Many more governors will defect to APC because of the President’s visionary leadership.”

The Obi Onitsha, who spoke for traditional rulers, also commended Uzodimma’s effort and described the book as a great service to the people.

Chairman of the IRS Group of Companies and the book presenter, Isyaku Rabiu, lauded Uzodimma for documenting the achievements of the ruling APC.

He said though not a politician, he is supporting the President for second term because of his economic policies.

Rabiu said: ‘Today, the price of a bag of rice has decreased to N50,000 due to the President’s initiatives to support farmers through fertiliser provision.’

Also, APC National Chairman, Yilwatda, described Tinubu as a custodian of transformation and a master strategist.

He also praised Governor Uzodimma for his leadership.

The governors present at the event were Babajide Sanwo-Olu(Lagos), Lucky Aiyedatiwa (Ondo), Monday Okpebholo(Edo), Biodun Oyebanji (Ekiti), Uba Sani (Kaduna), Dikko Radda (Katsina), Francis Nwofuru (Ebonyi), Inuwa Yahaya(Gombe), Abudulahi Sule (Nasarawa), Sheriff Oborevwori (Delta) and Mohammed Bago (Niger) .

Some of the traditional rulers were Cletus Ilomuanya, Edidem Ekpo Okon Abadi of Calabar, Etsu Nupe Yahaya Abubakar and Eze E C Okeke.

Others at the event are Chief Bisi Akande, Chief Olusegun Osoba, Finance Minister and Coordinating Minister of the Economy Wale Edun, Budget and Planning Minister Atiku Bagudu and his Information and National Orientation counterpart Mohammed Idris.

The National Agency for Food and Drug Administration and Control (NAFDAC) has launched a comprehensive strategy and roadmap for the regulation of Trans Fatty Acids (TFAs) in Nigeria. The event, which was held last Friday in Lagos, had in attendance officials from the Federal Ministry of Health, NAFDAC, industry stakeholders, civil society organisations and development partners.

Director-General NAFDAC, Prof. Mojisola Christianah Adeyeye, said the initiative was aimed at protecting Nigerians from the harmful effects of trans-fats, which are widely recognised as a major contributor to heart disease and other non-communicable diseases.

Prof. Adeyeye said that the agency must protect Nigerians from invisible dangers in their diets, adding that the strategy is not about penalizing industry, but about transitioning to healthier food systems. ‘We will support industries in reformulation, but compliance is non-negotiable,’ she noted.

On why NAFDAC decided to prioritise TFA regulation at this time, she said the roadmap was rooted in the gazetted regulation on fats and oils published in 2022.

‘Many of us in Nigeria think the more oil in the food, the better it is – no. We must reduce the oils we use in our foods and ensure they do not contain trans-fatty acids or saturated fats, which cause cardiovascular diseases. WHO has shown that almost 300,000 deaths every year are linked to trans-fatty acids. We cannot ignore this,’ she stated.

She disclosed that manufacturers have been given an 18-month moratorium since 2023 to exhaust old labels and packaging stocks, after which new labels will indicate the presence or absence of TFAs. She also stressed that small and medium-sized enterprises (SMEs) would be carried along through capacity-building and awareness programmes.

Trans fatty acids are a type of artificial fat produced through industrial processes such as partial hydrogenation of vegetable oils. They are commonly found in baked goods, margarine, fried foods and processed snacks. According to the World Health Organization, TFAs raise ‘bad’ cholesterol, lower ‘good’ cholesterol and are linked to thousands of premature deaths globally each year.

Studies suggest that reducing TFA exposure in populations can avert thousands of premature deaths. For example, research indicates that enforcing stricter TFA limits in Nigeria could prevent about 10,000 heart disease deaths over a decade and save significant healthcare costs.

It was gathered that the roadmap provides for a phased implementation, including an 18-month moratorium granted to manufacturers to exhaust old labels before full enforcement begins on February 1, 2026. The policy also mandates clearer nutrition labelling and sets a limit of not more than two grams of TFAs per 100 grams of oils and fats, in line with international best practices. Representatives of the Federal Ministry of Health, the Standards Organisation of Nigeria, and the Federal Competition and Consumer Protection Commission pledged their support for the implementation. Development partners such as the World Health Organization and Resolve to Save Lives (RTSL) also commended the move as a step towards safer food environments.

Industry stakeholders present expressed readiness to cooperate but called for clarity on technical standards and support for small and medium enterprises.

The roadmap, developed with input from a technical working group and validated at a stakeholders’ workshop in 2024, will guide enforcement, capacity building and public awareness campaigns. The overview of this road map was presented by Deputy Director (Food R and R)- Dr Tinuola Akinnubi

By this move, Nigeria joins countries implementing best-practice policies to eliminate industrially produced trans fats from national food supplies, in line with the World Health Organization’s global target.

As Nigeria marks its 65th Independence Anniversary, the National Orientation Agency (NOA) has urged Nigerians to move beyond ceremonial celebrations and embrace a renewed sense of responsibility, patriotism, and value-driven citizenship that reflects the ideals upon which the country was founded.

The Director-General of NOA, Mallam Lanre Issa-Onilu, in his Independence Day goodwill message to Nigerians, called on citizens to use the moment to reflect deeply on what it means to be a Nigerian – drawing strength from the nation’s diversity, resilience, and shared aspirations for unity, peace, and progress.

His message was contained in a statement issued by the deputy director of communication and media, Paul Odenyi

Issa-Onilu stressed that Nigeria’s 65th independence anniversary presents Nigerians with another opportunity to rededicate their lives to the core national values of discipline, integrity, self-reliance, and social justice.

‘The future of Nigeria depends not just on leaders in office, but on how every citizen chooses to uphold these values in everyday life,’ he said.

While highlighting President Bola Tinubu’s ongoing efforts to revive the economy, he urged Nigerians to embrace this year’s celebration as a call to deepen their commitment to nation-building through civic responsibility, volunteerism, and active community participation.

He noted that true patriotism is demonstrated not only through symbolic acts but also in the daily conduct of citizens, by upholding national values, showing respect for national symbols, and adhering to the rule of law.

Issa-Onilu also charged institutions of learning, faith-based organisations, traditional rulers, and civil society groups to use the occasion to lead community conversations around national identity, cultural preservation, and the importance of active citizenship in a democratic society.

He reaffirmed the Agency’s commitment to sustained advocacy for civic values, public awareness on government programmes, and national unity, urging Nigerians, both at home and in the diaspora, to proudly reaffirm their allegiance to the nation and work collectively towards building the Nigeria of our dreams.

Nigeria’s foremost socio-cultural sports club, Ikoyi Club 1938 has rolled out the drums in celebration of its 87th anniversary.

Disclosing this at a pre anniversary Press briefing in Lagos on Monday, Vice Chairman of the Club, who also doubles as Chairman, Organising Committee of the 87th anniversary celebration, Bolaji Martins, said that the anniversary celebration which commenced with an official press briefing will run through Monday September 29th to Sunday October 5th, 2025.

According to him, part of the celebrations will include Staff Engagement and Anniversary Symposium/Business evening on Tuesday, September 30th . This will be followed by junior member’s party on Wednesday before a glamorous evening of fashion, music, dance and more for Ladies in the evening.

Thursday, September 2nd has been dedicated to the elders while Digital Night, an exploration of the impact of Artificial Intelligence on the world will hold Thursday evening.

Aviation Day is slated for Friday before Millennial Vibes in the evening. Saturday, October 4th will witness another bumper day with Health Walk in the morning, followed by International/Global Cultural Day and more. Saturday would be rounded off with Black Tie event in the evening.

Sunday, October 5th is the anniversary grand finale and Gala night. Themed Heritage and Legacy; the anniversary emphasizes the club’s long history and enduring legacy as a symbol of prestige and excellence.

Ikoyi Club was originally set up as European Club in 1938. Akinwumi Akintola is Ikoyi Club 1938 Chairman.

Senate President Godswill Akpabio and House of Representatives Speaker Tajudeen Abbas yesterday said that the future of Nigeria is bright.

In their messages to Nigerians on the occasion of the 65th Independence Anniversary, they urged Nigerians to exercise patience as the reforms produce results.

Akpabio said that Nigeria is moving in the right direction with President Bola Ahmed Tinubu’s reforms.

He urged Nigerians to endure the pains of the reforms a little while longer ‘in the interest of our children and future generations’.

He said: ‘My dear resilient and wonderful people of this great nation, I wish to heartily congratulate you for witnessing Nigeria’s 65th Independence Anniversary celebration. At 65, we are matured and should be working for the unity of the nation and prosperity of our people.

‘We salute your resilience, patience and endurance in the last two years. We deeply appreciate your support and understanding.

‘In line with the theme of this year’s celebration, ‘All hands are on deck for a greater Nigeria’, I urge you to continue to bear the temporary discomfort of the ongoing reforms. We are not unaware of the pains occasioned by the reforms, but I want to assure you, very soon, this will be a thing of the past because the benefits of the reforms are beginning to manifest positively.

‘Let me also congratulate our President, Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria, Asiwaju Bola Ahmed Tinubu for his demonstrated commitment to the peace and development of our dear country, Members of the National Assembly for the steadfastness in their legislative engagements, the judiciary and the Nigerian people at home and in diaspora on this auspicious occasion.’

He added: ‘I must tell you that Nigeria is not finished. Do not buy into the mischievous narrative that Nigeria is irredeemable. We are on the right pedestal and the Renewed Hope Agenda of President Bola Ahmed Tinubu’s administration is reshaping the country; we are growing and making progress.

‘If we all join hands together to support the reforms, Nigeria will become better and surely get to the promised land.’

Abbas urged Nigerians to look beyond the current challenges and anticipate a bright future.

The Speaker, who said God has blessed the country with immeasurable human and natural resources, called for collective efforts towards building ‘a nation of our dreams regardless of religious, ethnic and political differences.’

According to the Speaker, Nigeria remains on the right path with the implementation of the Renewed Hope Agenda of President Bola Ahmed Tinubu.

He expressed optimism that the country remains the giant of Africa, adding that it would reclaim its position as the biggest economy on the continent.

He urged Nigerians to remain undaunted by the security and socio-economic challenges.

Abbas called for more prayers and patriotism from law-abiding Nigerians, assuring that the House would provide accountable leadership, good governance and dividends of democracy, especially at the grassroots.

Today marks the 65th anniversary of our great nation’s Independence. As we reflect on the significance of this day and our journey of nationhood since October 1, 1960, when our founding fathers accepted the instruments of self-government from colonial rule, let us remember their sacrifice, devotion, and grand dream of a strong, prosperous, and united Nigeria that will lead Africa and be the beacon of light to the rest of the world.

Our founding heroes and heroines-Herbert Macaulay, Dr Nnamdi Azikiwe, Sir Abubakar Tafawa Balewa, Chief Obafemi Awolowo, Sir Ahmadu Bello, Margaret Ekpo, Anthony Enahoro, Ladoke Akintola, Michael Okpara, Aminu Kano, Funmilayo Ransome-Kuti, and other nationalists-believed it was Nigeria’s manifest destiny to lead the entire black race as the largest black nation on earth.

For decades, the promise of our Independence has been tested by profound social, economic, and political challenges, and we have survived. While we may not have achieved all the lofty dreams of our forebearers, we have not strayed too far from them. In 65 years since our Independence, we have made tremendous progress in economic growth, social cohesion, and physical development. Our economy has experienced significant growth since 1960.

Although, it is much easier for those whose vocation is to focus solely on what ought to be, we must recognise and celebrate our significant progress. Nigerians today have access to better education and healthcare than in 1960. At Independence, Nigeria had 120 secondary schools with a student population of about 130,000. Available data indicate that, as of year 2024, there were more than 23,000 secondary schools in our country. At Independence, we had only the University of Ibadan and Yaba College of Technology as the two tertiary institutions in Nigeria. By the end of last year, there were 274 universities, 183 Polytechnics, and 236 Colleges of Education in Nigeria, comprising Federal, State, and private institutions. We have experienced a significant surge in growth across every sector of our national life since Independence – in healthcare, infrastructure, financial services, manufacturing, telecommunications, information technology, aviation and defence, among others.

Our country has experienced both the good and the bad times in its 65 years of nationhood, as is normal for every nation and its people. We fought a bitter and avoidable civil war, experienced military dictatorships, and lived through major political crises. In all these, we weathered every storm and overcame every challenge with courage, grit, and uncommon determination. While our system and ties that bind us are sometimes stretched by insidious forces opposed to our values and ways of life, we continue to strive to build a more perfect union where every Nigerian can find better accommodation and find purpose and fulfilment.

Fellow Compatriots, this is the third time I will address you on our independence anniversary since I assumed office as your President on May 29, 2023. In the last 28 months of my administration, like our founding fathers and leaders who came before me, I have committed myself irrevocably to the unfinished nation-building business.

Upon assuming office, our administration inherited a near-collapsed economy caused by decades of fiscal policy distortions and misalignment that had impaired real growth. As a new administration, we faced a simple choice: continue business as usual and watch our nation drift, or embark on a courageous, fundamental reform path. We chose the path of reform. We chose the path of tomorrow over the comfort of today. Less than three years later, the seeds of those difficult but necessary decisions are bearing fruit.

In resetting our country for sustainable growth, we ended the corrupt fuel subsidies and multiple foreign exchange rates that created massive incentives for a rentier economy, benefiting only a tiny minority. At the same time, the masses received little or nothing from our Commonwealth. Our administration has redirected the economy towards a more inclusive path, channelling money to fund education, healthcare, national security, agriculture, and critical economic infrastructure, such as roads, power, broadband, and social investment programmes. These initiatives will generally improve Nigerians’ quality of life. As a result of the tough decisions we made, the Federal and State governments, including Local Governments, now have more resources to take care of the people at the lower level of the ladder, to address our development challenges.

Fellow Nigerians, we are racing against time. We must build the roads we need, repair the ones that have become decrepit, and construct the schools our children will attend and the hospitals that will care for our people. We have to plan for the generations that will come after us. We do not have enough electricity to power our industries and homes today, or the resources to repair our deteriorating roads, build seaports, railroads, and international airports comparable to the best in the world, because we failed to make the necessary investments decades ago. Our administration is setting things right.

I am pleased to report that we have finally turned the corner. The worst is over, I say. Yesterday’s pains are giving way to relief. I salute your endurance, support, and understanding. I will continue to work for you and justify the confidence you reposed in me to steer the ship of our nation to a safe harbour.

Under our leadership, our economy is recovering fast, and the reforms we started over two years ago are delivering tangible results. The second quarter 2025 Gross Domestic Product grew by 4.23%-Nigeria’s fastest pace in four years-and outpaced the 3.4 per cent projected by the International Monetary Fund. Inflation declined to 20.12% in August 2025, the lowest level in three years. The administration is working diligently to boost agricultural production and ensure food security, reducing food costs.

In the last two years of our administration, we have achieved 12 remarkable economic milestones as a result of the implementation of our sound fiscal and monetary policies:

i. We have attained a record-breaking increase in non-oil revenue, achieving the 2025 target by August with over N20 trillion. In September 2025 alone, we raised N3.65 trillion, 411% higher than the amount raised in May 2023.

ii. We have restored Fiscal Health: Our debt service-to-revenue ratio has been significantly reduced from 97% to below 50%. We have paid down the infamous ‘Ways and Means’ advances that threatened our economic stability and triggered inflation. Following the removal of the corrupt petroleum subsidy, we have freed up trillions of Naira for targeted investment in the real economy and social programmes for the most vulnerable, as well as all tiers of government.

iii. We have a stronger foreign Reserve position than three years ago. Our external reserves increased to $42.03 billion this September-the highest since 2019.

iv. Our tax-to-GDP ratio has risen to 13.5 per cent from less than 10 per cent. The ratio is expected to increase further when the new tax law takes effect in January. The tax law is not about increasing the burden on existing taxpayers but about expanding the base to build the Nigeria we deserve and providing tax relief to low-income earners.

v. We are now a Net Exporter: Nigeria has recorded a trade surplus for five consecutive quarters. We are now selling more to the world than we are buying, a fundamental shift that strengthens our currency and creates jobs at home. Nigeria’s trade surplus increased by 44.3% in Q2 2025 to N7.46 trillion ($4.74 billion), the largest in about three years. Goods manufactured in Nigeria and exported jumped by 173%. Non-oil exports, as a component of our export trade, now represent 48 per cent, compared to oil exports, which account for 52 per cent. This signals that we are diversifying our economy and foreign exchange sources outside oil and gas.

vi. Oil production rebounded to 1.68 million barrels per day from barely one million in May 2023. The increase occurred due to improved security, new investments, and better stakeholder management in the Niger Delta. Furthermore, the country has made notable advancements by refining PMS domestically for the first time in four decades. It has also established itself as the continent’s leading exporter of aviation fuel.

vii. The Naira has stabilised from the turbulence and volatility witnessed in 2023 and 2024. The gap between the official rate and the unofficial market has reduced substantially, following FX reforms and fresh capital and remittance inflows. The multiple exchange rates, which fostered corruption and arbitrage, are now part of history. Additionally, our currency rate against the dollar is no longer determined by fluctuations in crude oil prices.

viii. Under the social investment programme to support poor households and vulnerable Nigerians, N330 billion has been disbursed to eight million households, many of whom have received either one or two out of the three tranches of the N25,000 each.

ix. Coal mining recovered dramatically from a 22% decline in Q1 to 57.5% growth in Q2, becoming one of Nigeria’s fastest-growing sectors. The solid mineral sector is now pivotal in our economy, encouraging value-added production of minerals extracted from our soil.

x. The administration is expanding transport infrastructure across the country, covering rail, roads, airports, and seaports. Rail and water transport grew by over 40% and 27%, respectively. The 284-kilometre Kano-Kastina-Maradi Standard Gauge rail project and the Kaduna-Kano rail line are nearing completion. Work is progressing well on the legacy Lagos-Calabar Coastal Highway and Sokoto-Badagry Highway. The Federal Executive Council recently approved $3 billion to complete the Eastern Rail Project.

xi. The world is taking notice of our efforts. Sovereign credit rating agencies have upgraded their outlook for Nigeria, recognising our improved economic fundamentals. Our stock market is experiencing an unprecedented boom, rising from an all-share index of 55,000 points in May 2003 to 142,000 points as of September 26, 2025.

xii. At its last MPC meeting, the Central Bank slashed interest rates for the first time in five years, expressing confidence in our country’s macroeconomic stability.

Security:

We are working diligently to enhance national security, ensuring our economy experiences improved growth and performance. The officers and men of our armed forces and other security agencies are working tirelessly and making significant sacrifices to keep us safe. They are winning the war against terrorism, banditry and other violent crimes. We see their victories in their blood and sweat to stamp out Boko Haram Terror in North-East, IPOB/ESN terror in South East and banditry and kidnapping. We must continue to celebrate their gallantry and salute their courage on behalf of a grateful nation. Peace has returned to hundreds of our liberated communities in North-West and North-East, and thousands of our people have returned safely to their homes.

Youth:

I have a message for our young people. You are the future and the greatest assets of this blessed country. You must continue to dream big, innovate, and conquer more territories in your various fields of science, technology, sports, and the art and creative sector. Our administration, through policies and funding, will continue to give you wings to fly sky-high. We created NELFUND to support students with loans for their educational pursuits. Approximately 510,000 students across 36 states and the FCT have benefited from this initiative, covering 228 higher institutions. As of September 10, the total loan disbursed was N99.5 billion, while the upkeep allowance stood at N44.7 billion.

Credicorp, another initiative of our administration, has granted 153,000 Nigerians N30 billion affordable loans for vehicles, solar energy, home upgrades, digital devices, and more.

YouthCred, which I promised last June, is a reality, with tens of thousands of NYSC members now active beneficiaries of consumer credit for resettlement.

Under our Renewed Hope Agenda, we promised to build a Nigeria where every young person, regardless of background, has an equitable opportunity to access a better future-thus, the Investment in Digital and Creative Enterprises (iDICE) programme. The Bank of Industry is driving the programme, in collaboration with the African Development Bank, the French Development Agency, and the Islamic Development Bank. This initiative is at the cusp of implementation. Over the last two years, we have collaborated with our partners to launch the programme, supporting our young builders and dreamers in the technology and creative sectors.

A message of hope

Fellow Nigerians, I have always candidly acknowledged that these reforms have come with some temporary pains. The biting effects of inflation and the rising cost of living remain a significant concern to our government. However, the alternative of allowing our country to descend into economic chaos or bankruptcy was not an option. Our macro-economic progress has proven that our sacrifices have not been in vain. Together, we are laying a new foundation cast in concrete, not on quicksand.

The accurate measure of our success will not be limited to economic statistics alone, but rather in the food on our families’ tables, the quality of education our children receive, the electricity in our homes, and the security in our communities. Let me assure you of our administration’s determination to ensure that the resources we have saved and the stability we have built are channelled into these critical areas. Today, the governors at the state level, and the local government autonomy are yielding more developments.

Therefore, on this 65th Anniversary of Our Independence, my message is hope and a call to action. The federal government will continue to do its part to fix the plumbing in our economy. Now, we must all turn on the taps of productivity, innovation, and enterprise, just like the Ministry of Interior has done with our travel passports, by quickening the processing. In this regard, I urge the sub-national entities to join us in nation-building. Let us be a nation of producers, not just consumers. Let us farm our land and build factories to process our produce. Let us patronise ‘Made-in-Nigeria’ goods. I say Nigeria first. Let us pay our taxes.

Finally, let all hands be on deck. Let us believe, once more, in the boundless potential of our great nation.

With Almighty God on our side, I can assure you that the dawn of a new, prosperous, self-reliant Nigeria is here.

Happy 65th Independence Anniversary, and may God continue to bless the Federal Republic of Nigeria.

Organizers of the African Quality Achievement Awards (AQAA) have honoured Entourage Integrated Trust Limited as Africa’s Best Quality Financial Institution of the Decade, recognizing its customer-focused approach, steady growth, and transparent operations.

The award, presented in Lagos by the Africa Quality Congress, celebrates the company’s ten-year record of delivering financial services and loans to petty traders, SMEs, civil servants, and professionals nationwide.

Operating in 29 states, Entourage Integrated Trust serves over 150,000 customers, offering products ranging from daily microloans for market women to multi-million-naira financing for businesses. Its model combines grassroots engagement with digital platforms to drive financial inclusion.

Accepting the award, the company’s Managing Director/CEO, Mr. Seyi Asagun, described the recognition as a testament to the trust and confidence customers continue to place in the institution.

‘This award is not just a recognition of our institution, but of the thousands of businesses and individuals who trust us daily. At Entourage, we believe that access to finance is the lifeline of growth, and this reinforces our commitment to delivering impactful financial solutions across Nigeria and Africa,’ he said.

The AQAA, held annually, celebrates excellence in leadership, innovation, and service delivery across Africa’s industries. Organizers said Entourage’s ethical lending practices and sustained expansion distinguished it from peers in the financial sector.

As the firm prepares to extend its footprint to all 36 states and transform into a microfinance bank, the award further cements its position as one of the leading players shaping Africa’s financial services landscape.

The Supreme Leader of the Natives – a conglomerate of ethics, languages and tribes in Nigeria, Hon. Olalekan Smart Edwards, has described President Bola Ahmed Tinubu’s investment in education is the game changer that will earn him massive votes for his re-election in 2027 from the Nigerian students.

He also acknowledged the commitment of the First Lady, Senator Oluremi Tinubu to the sector through her recent move to raise funds for the completion of the National Library building, a project initiated in 1981 but stalled for over two decades.

Edwards made the prediction during the unveiling of the National Association of Nigerian Students (NANS) Iconic Magazine and presentation of leadership award to him by the national leadership of the association in Abuja.

Aside from other lofty programmes and policies in the education sector of the administration, the Supreme Leader cited the Nigerian Education Loan Fund (NELFUND) introduced by Tinubu, which he said, has rekindled hope among Nigerian students, especially those who are indigent.

The former Students’ Union leader noted that if the past administrations had invested in education like the current administration, many students who dropped out from school or could not afford education would have gotten proper education.

Edwards noted that the Nigerian first family is conscious of the fact that once education is given, it can not be taken back, hence their massive investment in education and in the future and the Nigerian youth.

According to him: ‘It has now dawned on our youths that President Bola Ahmed Tinubu is not a joker. He is a man interested in our future. In the past, we fought so that education could be given to us. It’s now given to us freely.’

Commending the President for the NELFUND programme, Edwards said, ‘this singular policy has changed and enhanced the future of our students,’ adding that, ‘For that, you already know there’s no controversy, President Bola Ahmed Tinubu would get the students vote massively in 2027.

‘The husband (President) has introduced NELFUND, and the policy is changing lives and giving students the opportunity to go to school. The wife has decided to complete the construction of the National Library to give and add more to education.

‘That’s why on behalf of our organization (The Natives), we decided that I donate six million Naira to the library project through the Nigerian students’ bodies.

‘There are people who understand the dynamics, hard decisions, hard times, and the economy is taking shape. What I’m saying to you is that all over the world, they say you can deny people education so that you can impoverish them.

‘If that is their (students) only form of hope, then the hope is being renewed. So I assure you, the time will come for us, when as Natives, we will give a vote of confidence on the Precedent and the parliament led by Senator Godswill Obot Akpabio and Speaker Tajudeen Abbas.’

NANS National Secretary, Comrade Anzaku Shedrack Ovye, said the leadership award was giving in recognition of the immense contribution of Edwards in empowering Nigerian youths across the country.

He cited the recent empowerment of over 1,500 youths by the Natives to the tune of N250k, 000 as start-up capital in various trades and vocations.

State governors yesterday challenged Nigerians to reflect on Nigeria’s journey to nationhood and renew their commitment to building a prosperous country.

The governors- Dikko Radda(Katsina), Sheriff Oborevwori(Delta), Hyacinth Alia ( Benue) and Bala Mohammed(Bauchi) – in their separate messages to mark the country’s 65 Independence today, noted that in spite of political, economic and security challenges, Nigeria is making progress.

They assured that there is light at the end of tunnel as exemplified by the many positives of the ongoing reforms by the President Bola Ahmed Tinubu-led Federal Government.

Former Vice President Atiku Abubakar, Deputy Senate President Barau Jibrin; Deputy House of Representatives Speaker Benjamin Kalu; African Democratic Congress (ADC) National Chairman David Mark; former Governor of Ekiti State Kayode Fayemi and Chairman of the Southern Senators Forum, Tokunbo Abiru, also congratulated Nigerians on the occasion.They called for peace, unity and resilience by Nigerians.

In Asaba, Governor Oborevwori urged Nigerians to remain steadfast in their commitment to building a stronger and more united nation, noting that the economy has improved tremendousy.

In a message signed by his spokesman Festus Ahon, Oborevwori rallied Nigerians to continue to support President Bola Tinubu’s ‘Renewed Hope Agenda’ as well as his administration’s ‘MORE Agenda’, which, he said, were designed to improve the living standards of the people.

The governor said his government was investing in massive infrastructure upgrades across the state, advancing a power revolution through a renewable energy mix, and creating an enabling environment to attract foreign direct investments.

Governor Radda described the anniversary as an opportunity for Nigerians to reflect on the country’s journey since October 1, 1960 till today.

Urging every citizen to partner governments at all levels against insecurity, he expressed optimism that the nation would overcome its present difficulties through collective efforts.

The governor, who lauded President Tinubu for prioritising security in the country, said: ‘As we celebrate 65 years of independence, we must recognise that nation-building is a shared responsibility.

”The security challenges confronting our dear nation require all hands on the deck.

”Citizens must partner with governments at all levels in combating insecurity, as security agencies alone cannot win the battle without citizens’ cooperation.

‘I urge every Nigerian, regardless of ethnic or religious affiliation, to see security as everyone’s business. Report suspicious movements, provide credible intelligence and support our security personnel in their efforts to keep us safe.’

Governor Alia donates to orphans

Benue Governor Alia paid special attention to orphans and vulnerable children in the state by donating food stuffs , cows and non-food items to them.

The beneficiaries are children of Mary Orphanage and Motherless Baby Home in Otukpo Local Government and the NKST Orphanage at Mkar, Gboko Local Government. The gesture will be extended to more orphanage homes across the state.

The governor, represented by the Permanent Secretary, Bureau of Internal Affairs and Special Services, Paul Okoh, explained that the donations were borne out of the governor’s love for the less privileged.

He said: ‘We are here at the instance of the Executive Governor of Benue State, Rev.Hyacinth Iormem Alia.

Bauchi governor plans investment summit

Mohammed, reassured residents of his administration’s commitment to sustainable development, as Nigeria marks its 65th Independence Anniversary.

In a goodwill message, the governor described the nation’s independence as a landmark moment that gave Nigerians the right to self-determination and growth.

He urged citizens to reflect on whether the vision of the country’s founding fathers had been fully realised.

‘Though our development trajectory may not match that of some countries that gained independence around the same period, particularly the Asian Tigers, Nigeria has made significant strides in governing itself, managing diversity and uniting towards nation-building,’ Mohammed said.

The governor noted that the prolonged era of military rule slowed democratic progress, but expressed optimism that 26 years of uninterrupted democracy had begun to yield dividends of good governance.

Highlighting his administration’s priorities, Mohammed said Bauchi would host an Investment Summit on October 8 and 9, to woo investors and harness the state’s economic potential.

He said peace remained the foundation for development, pledging to deepen collaboration with security agencies to protect lives and property.

‘I appeal to citizens to support security efforts by reporting suspicious movements or persons to relevant authorities,’ he added.

The governor urged Bauchi residents to rededicate themselves to unity, prayer and peaceful coexistence for the collective progress of the state and Nigeria.

‘As we celebrate this 65th Independence Anniversary, let us continue to work together in harmony, with hope in our hearts and faith in Almighty Allah, to make our state and country greater,’ he said.

Atiku to Nigerians: keep hope alive

Former Vice President Atiku Abubakar has commended the uncommon patience, endurance and resilience of Nigerians in holding the country together despite the socio-economic and security challenges.

In his Independence Day message released by his Media Aide Paul Ibe yesterday in Abuja, Atiku wished Nigerians a happy 65th Independence Day anniversary.

He urged Nigerians to keep hope alive, saying with the right leadership, the country can still rise to reclaim its rightful place among the comity of nations.

The one-time vice president said that despite of the immense human and material resources the country was blessed with, millions of Nigerians was still faced with challenges.

He called on Nigerians not to lose faith but to look forward to a better tomorrow.

‘The beauty of democracy lies in the power of the ballot,’ adding ‘that is the power no cabal can take away from the people.’

Barau felicitates Nigerians

Deputy Senate President Jibrin urged Nigerians to remain united and see beyond the current challenges facing the country.

He pointed out that what is uppermost now is for all to accord President Tinubu the needed support as he propels the nation to prosperity.

In a message by his Special Adviser on Media and Publicity, Ismail Mudashir, Jibrin appealed to Nigerians to remain resolute in promoting national unity, offering support and prayers for the government to turn the country’s fortunes around.

According to him, the benefits of President Tinubu’s economic reforms are beginning to manifest, and security has improved considerably over the last two years.

‘Fellow Nigerians, as we celebrate the 65th Independence of our beloved country, we must remember the enormous sacrifices made by our founding fathers: Dr Nnamdi Azikiwe, Chief Obafemi Awolowo, Sir Ahmadu Bello and Sir Abubakar Tafawa Balewa, among others, and recommit ourselves to the ideals they stood for, including the promotion of national unity, peace, justice, and tolerance.

Abiru: This is not the time to give up

The Chairman of the Southern Senators’ Forum, Adetokunbo Abiru, said the 65th Independence Anniversaty is a celebration of resilience and an enduring spirit.

He noted that despite the economic, social, and political hurdles, Nigeria remains a beacon of hope on the African continent.

Abiru said: ‘Our diversity – with over 250 ethnic groups and more than 500 languages – is our greatest asset. Under the green-and-white flag, we must continue to strengthen our unity, guard against actions that deepen our national fault lines, and renew our collective commitment to nation-building.’

He added: ‘I equally appeal to all Nigerians to continue to stand solidly with our esteemed leader, President Bola Ahmed Tinubu, as he provides bold and focused leadership that is clearly redirecting our country toward enduring sustainable development and economic growth.

‘The administration’s major policies have already begun to yield positive results. The harmonization of the foreign exchange market, among other laudable reforms, has helped to curb spiraling inflation, boost investor confidence, and lay the groundwork for a stable economic environment where enterprises can thrive – ultimately leading to shared prosperity.

This is not the time to give up on Nigeria. It

‘Let us continue to support President Bola Ahmed Tinubu to actualise his policies and programmes as encapsulated in the Renewed Hope Agenda. He has good intentions for the country. We will get it right.’

Nigeria making progress, says Kalu

Deputy Speaker Kalu said that despite the challenges facing the nation, Nigeria was gradually progressing to greatness.

He congratulated President Tinubu and Nigerians on the occasion and urged every citizen to rekindle their hope and renew commitment towards building a nation that benefits everyone.

While emphasising the significance of the Renewed Hope Agenda, initiated by the President, Kalu encouraged Nigerians to remain patient and work together in harnessing their diversity, resilience, and determination for the development of the country.

He said: ‘As we celebrate Nigeria’s 65th Independence , we reflect on our nation’s journey, achievements, and challenges. This milestone reminds us of the sacrifices made by our forebears and the collective efforts towards nation-building.

‘As we mark this significant day, let’s rekindle our hope, renew our commitment, and work tirelessly towards building a Nigeria that reflects the dreams of our founding fathers. Together, we can achieve greatness.

Mark to Nigerians: Remain resilient

ADC National Chairman Mark, reflected on the country’s 65 years of nationhood, describing the journey as one of resilience in the face of daunting challenges.

He acknowledged that the nation has gone through many trials and emphasised that Nigerians must not lose faith in their collective ability to rebuild and reposition the country for prosperity.

Mark consequently advised Nigerians to draw strength from history and confront present realities with courage and unity.

He said: ‘Sixty-five years ago, we lifted the flag of freedom and declared ourselves a sovereign people. That moment was not just the end of colonial rule; it was the beginning of our responsibility to build a nation worthy of our hopes.

‘Today, we look back with mixed emotions and gratitude for how far we have come, but concerned over the storms that still threaten our future.’

He noted that the country stands at a critical juncture, weighed down by insecurity, unemployment, inflation, food scarcity, and the collapse of industries.

‘Our communities are restless under the grip of insecurity. Our youths are losing hope to unemployment. Inflation has eroded the dignity of honest earnings, while factories close and businesses relocate, leaving despair in their wake. Families struggle daily to put food on the table. These are harsh truths we cannot deny,’ Mark, a former Deputy Senate President, lamented.

Despite these difficulties, Mark stressed that Nigerians must not give in to despair. He reminded them that the great nations of today were also built through periods of severe hardships.

On security, he called for urgent investment in intelligence, modern technology, and the welfare of security personnel while addressing the deeper causes of violence, poverty, injustice, and exclusion.

He urged revival of local industries, stronger support for small and medium-scale businesses, and an environment where investment can flourish as ways to buoy the economy.

On youth empowerment, Mark advocated equipping young people with relevant skills in technology, agriculture, innovation, and the creative sector beyond mere tokenism.

Above all, he called for a rebirth of unity and sacrifice; the same spirit that won independence in 1960.

He added: ‘No nation is ever too broken to be rebuilt when her people are determined. At 65, our burdens are real, but so is our resilience.

”Our hope must outweigh our despair, and our strength must carry us forward. Let us recover faith in our nation, work hand- in-hand and rebuild the promise of Nigeria.’

Mark further enjoined Nigerians to embrace the Africa Democratic Congress (ADC) as the party of choice and a credible platform that upholds democratic values.

He assured that if entrusted with the responsibility of leadership, the ADC would rebuild the nation and restore hope to its citizens.

Fayemi tasks leaders

Fayemi urged Nigerians to draw inspiration from the sacrifices of past generations, while committing themselves to building a more prosperous, just and inclusive nation.

He also called on leaders at all levels to provide visionary and selfless leadership that will inspire hope and confidence in the Nigerian project. The former governor noted in a statement by the Head of Fayemi Media Office, Ahmad Sajoh, that trials and triumphs have marked Nigeria’s journey since independence in 1960.

He added that what has kept the country going is the resilience of its people.

His words: ‘Our strength as a nation lies in our diversity and our determination to build a better tomorrow .

‘Though we have faced challenges, our ability to rise above adversity gives hope that Nigeria’s best days are ahead.’

Fayemi stressed the importance of promoting peace and harmony among all ethnic and religious groups, noting that the Nigeria’s diversity is an asset rather than a weakness.

‘At a time like this, we must resist all attempts to divide us along ethnic or sectional lines. We are stronger together, and only through unity can we achieve the greatness that our founding fathers envisioned.

‘As we celebrate this Independence anniversary, let us renew our faith in Nigeria and in one another. Let us continue to work for peace, progress, and national unity.

”With unity, understanding, and resilience, we will overcome our present difficulties and create a brighter future for generations yet unborn.’

Lagos Assembly hails President’s passion, dedication

The Lagos State House of Assembly has commended President Bola Ahmed Tinubu for his commitment to the ideals of a better Nigeria.

It also applauded the National Assembly and its leadership for standing strong and tall for the betterment of the country, urging them to keep the flag of democracy flying.

Moving a Motion Under Matter of Urgent Public Importance, House Majority Leader Noheem Adams commended the President for his contributions to the national development.

The lawmaker highlighted part of the President’s achievements as fuel subsidy removal which helped in stabilizing External Reserves, boosting investors’ confidence and improving external economic standing.

He also listed infrastructural development which includes major road projects and the Lagos – Calabar Coastal Highway.

Other Lawmakers took turns to reflect on challenges that the country has faced in terms of ethnic divide, military coups, Nigeria civil war, economic underdevelopment and controversial consensus from 1962 to 1963.