By our reporter
In his Independence Day speech to mark Nigeria’s 65th anniversary, President Bola Ahmed Tinubu spoke about the country’s economic challenges. He said he is deeply concerned about the rising cost of living, food prices, and the pressure many Nigerians are facing.
The president admitted that inflation and high prices are major problems. He said his government is working to fix these issues and provide relief to citizens.
He explained that the recent changes in government policy, such as the removal of fuel subsidy and changes to the exchange rate, were difficult but necessary. He said these steps were needed to stop the economy from getting worse.
I am not unaware of the hardship many Nigerians are facing. The rising cost of food, transport, and other basic needs is a serious concern. These are not just numbers, they are real problems for real people, Tinubu said.
To help reduce the suffering, the president said the government is taking action. This includes increasing food production, giving loans to small business owners and farmers, distributing cheaper fertilizers and grains, and investing in transport systems to make travel more affordable.
He asked Nigerians to be patient and to trust the process. He said the pain people are feeling now is temporary and that the future will be better.
We may not be where we want to be right now, but we are building the path to a better and stronger Nigeria, he said.
Tinubu also asked workers unions and civil society groups to talk with the government instead of fighting against it. He said working together is the best way to solve the country’s problems.
Some opposition leaders and citizens reacted to the speech. They said the president was not doing enough to help struggling Nigerians. Others praised him for being honest and taking responsibility.
President Tinubu’s message was clear. He knows things are hard, but he believes the country can move forward if people work together and stay hopeful.