In his 65th Independence Day broadcast this morning, President Bola Tinubu reaffirmed that “the worst is over,” pointing to signs of economic recovery after a period of painful reforms. He highlighted a 4.23 % GDP growth in Q2, the strongest in four years, a drop in inflation to 20.12 %, and a boost in foreign reserves to $42.03 billion.

Tinubu also defended the removal of fuel subsidies and the unification of foreign exchange rates as necessary steps to reset the economy, and announced that ₦330 billion has been distributed to eight million vulnerable households under his social investment programme. He urged citizens to stay united and hopeful, as his administration intensifies efforts to expand infrastructure, diversify exports, and improve security across liberated zones.