Speaker of the House of Representatives, Tajudeen Abbas, has praised President Bola Tinubu’s administration on its third anniversary, describing the president’s reforms as bold decisions aimed at rebuilding Nigeria’s economy and stabilising the country.
In a statement issued Friday by his media aide, Musa Krishi, Abbas said Tinubu inherited a nation battling subsidy distortions, exchange rate instability, insecurity, declining revenues and weakened investor confidence.
“President Tinubu inherited a country on life support,” Abbas said, adding that the easier political choice would have been to “continue postponing reality.”
“But President Tinubu chose reform. He chose reconstruction. He chose long-term national stability over temporary political comfort,” he stated.
The Speaker said the administration’s Renewed Hope Agenda was already showing results, noting that Nigeria’s GDP growth reportedly rose from 2.74 per cent in 2023 to 3.87 per cent in 2025, while external reserves improved significantly.
He also said FAAC allocations increased after the removal of fuel subsidy and forex reforms, while foreign investment inflows rose from $654.65m in Q3 2023 to $5.64bn in Q1 2025.
Abbas highlighted projects such as the Lagos-Calabar Coastal Highway, Sokoto-Badagry Super Highway and Abuja-Kaduna-Kano Highway as key economic projects under the administration.
On security, he said spending increased from ₦2.98tn in 2023 to over ₦4.91tn in the 2026 budget, leading to intensified operations against t+rrorism, banditry and oil th£ft.
He added that crude oil production improved under Tinubu, while more than 1.3 million students benefited from the Nigerian Education Loan Fund.
Despite criticisms over rising inflation and living costs linked to subsidy removal and forex reforms, Abbas insisted the policies were necessary for long-term economic recovery.
“It is strategically expedient for Nigerians to renew President Tinubu’s mandate in 2027,” he said.
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