President Tinubu's Independence Day Speech 2025 Focal Point.

Episode Transcript

Speaker 1 (00:02):
Nigerian President Bola Ahmed Tenubra delivered a national address on
October first, twenty twenty five, to mark Nigeria's sixty fifth
independence anniversary. In his speech, delivered under the theme were
Racing Against Time, he declared that the worst of the
economic hardship is over and presented a message of hope

(00:22):
and a call to action for Nigerians. The speech outlined
they achievements of his administration since he took office in
May twenty twenty three. Message of Hope and call to Action.
Kinubu stated that after and during difficult times, the country
has turned the corner and yesterday's pains are now giving
way to relief. He called on all Nigerians to embrace productivity, innovation,

(00:48):
and enterprise defensive economic reforms. The president defended his administration's
decision to remove the fuel subsidy and unify the multiple
foreign exchange rates reforms that were initially met with hardship
for many citizens. He said these measures were necessary to
reset the economy for sustainable growth economic progress. The new

(01:12):
besided several signs of economic recovery, including a four point
two three percent growth in the second quarter of twenty
twenty five. The fastest in four years, inflation declining to
its lowest level in three years in August twenty twenty five,
an increase in external reserves to forty two point zero

(01:33):
three billion dollars, the highest since twenty nineteen, the redirection
of funds to education, healthcare, infrastructure and social investment programs.
Support for youth. The president ured Nigerian youths to dream big,
innovate and conquer more territories. He highlighted the National Education

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Loan Fund nilfand as a key initiative to support students,
and said his administration would continue to provide policies and
funding security situation. De NuBus stated that progress is being
made in enhancing national security and defeating various criminal and
terrorist groups across the country. Critiques and challenges. The presidence

(02:18):
up beetone was met with criticism from some observers, who
noted that high inflation and worsening poverty persist. Reports also
mentioned growing labor unrest following the dismissal of workers at
the Dango to Oil refinery