President Bola Ahmed Tinubu, in his Independence Day broadcast on Wednesday, acknowledged the hardships facing Nigerians as a result of ongoing economic reforms, assuring citizens that the sacrifices will soon yield lasting relief.
The President identified four major struggles confronting households and businesses: rising cost of living, epileptic power supply, poor infrastructure, and the weight of recent sacrifices.
On inflation and high food prices, Tinubu admitted the pressure on families but pledged that reforms in agriculture and food security would lower costs in the coming months.
He also noted the persistent challenges in electricity and infrastructure, blaming decades of neglect, while promising long-term investments in roads, schools, hospitals, and power supply.
The President further acknowledged the impact of fuel subsidy removal and foreign exchange reforms, insisting that while painful, they were necessary to revive a “near-collapsed economy” inherited by his administration.
“We have turned the corner,” Tinubu declared. “Yesterday’s pains are giving way to relief.”
While the President’s assurances were strong, many Nigerians remain watchful, waiting to see whether his promises will translate into visible improvements in their daily lives.
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