President Bola Ahmed Tinubu has vowed that his administration will defeat terrorism and restore full security across Nigeria, declaring that no criminal element will be allowed to hold the nation hostage.
Speaking at the Federal Executive Council (FEC) meeting on Thursday in Abuja, the President urged Nigerians not to lose faith, assuring that the government remains resolute in its mission to secure every part of the country.
“Do we have problems? Yes. Are we challenged by terrorism? Yes. But we will defeat terrorism,” Tinubu said. “We will overcome every obstacle and ensure that no criminal element holds our nation hostage. Nigeria is one happy family, and we shall spare no effort until we eliminate all criminals from our society.”
The President also appealed for international cooperation, stressing that Nigeria will continue to engage the world diplomatically in its fight against terrorism. “We want our friends to help us as we step up our fight against terrorism, and we will eliminate it,” he said.
Following the swearing-in of two new ministers, Dr Bernard Mohammed Doro (Humanitarian Affairs and Poverty Reduction) and Dr Kingsley Tochukwu Udeh (Innovation, Science and Technology), Tinubu reaffirmed that Nigeria’s economy is on a firm path toward stability and sustained growth under his Renewed Hope Agenda.
Highlighting recent achievements, the President noted the success of Nigeria’s $2.3 billion Eurobond, which was oversubscribed by 400%, describing it as proof of growing investor confidence in the country’s reforms.
“The success of the Eurobond is most assured,” he said. “Despite political headwinds and fears, we will continue to engage with partners. The task ahead is immense, but we remain committed to building a prosperous, inclusive, and resilient Nigeria.”
At the meeting, Minister of Finance and Coordinating Minister of the Economy, Wale Edun, presented an economic update showing improved performance across key sectors. According to Edun, Nigeria’s GDP grew by 4.23% in the second quarter of 2025, the highest in a decade outside the post-COVID rebound, while 13 sectors recorded growth above 7%.
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He added that the industrial sector nearly doubled its growth rate from 3.72% to 7.45%, reflecting strong investor confidence. Inflation dropped to 18.02% in September 2025, foreign reserves rose to $43 billion, and trade surplus climbed to N7.4 trillion.
“The bold reforms under your Renewed Hope Agenda are beginning to pay off,” Edun said. “Nigeria’s removal from the Financial Action Task Force Grey List and the upward revision of our IMF growth forecast show that the world recognizes our progress.”
Edun noted that Nigeria’s target of becoming a $1 trillion economy by 2030 remains achievable with sustained reforms and consistent 7% annual growth. He urged collaboration among ministries and states to attract investment and optimize public resources for job creation and inclusive development.
Tinubu concluded by charging ministers to maintain consistent communication and ensure policy alignment, warning against conflicting messages. He reaffirmed that his administration’s focus is clear: to secure the nation, stabilize the economy, and restore hope to all Nigerians.
