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Nigeria @65: 12 major achievements Tinubu highlighted in Independence Day speech

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President Bola Tinubu has highlighted some of his administration’s achievement as Nigeria celebrate 65th anniversary of her independence.

In his Independence Day broadcast on Wednesday, the President listed key reforms and economic milestones his administration has recorded in the past 28 months.

Below are the highlights:

1. Record Non-Oil Revenue Growth

Tinubu said his administration has diversified government earnings beyond crude oil.

“We have attained a record-breaking increase in non-oil revenue, achieving the 2025 target by August with over N20 trillion. In September 2025 alone, we raised N3.65 trillion, 411 percent higher than the amount raised in May 2023.”

2. Improved Fiscal Health

The President stressed that Nigeria’s debt servicing burden has been reduced significantly.

“Our debt service-to-revenue ratio has been significantly reduced from 97% to below 50%. We have paid down the infamous ‘Ways and Means’ advances that threatened our economic stability.”

3. Stronger Foreign Reserves

Tinubu noted a boost in external reserves, giving Nigeria a cushion against global shocks.

“Our external reserves increased to $42.03 billion this September — the highest since 2019.”

4. Rising Tax-to-GDP Ratio

According to the President, his government is expanding its tax base without overburdening ordinary Nigerians.

“Our tax-to-GDP ratio has risen to 13.5 percent from less than 10 percent. The new tax law will expand the base and provide tax relief to low-income earners.”

5. Nigeria Now a Net Exporter

Tinubu also emphasised that for the first time in years, Nigeria is selling more to the world than it buys.

“Nigeria has recorded a trade surplus for five consecutive quarters… Non-oil exports now represent 48 percent, compared to oil exports at 52 per cent.”

6. Oil Production Rebound

He added that crude output has increased after years of underperformance.

“Oil production rebounded to 1.68 million barrels per day from barely one million in May 2023… the country has made notable advancements by refining PMS domestically for the first time in four decades.”

7. Stabilisation of the Naira

The foreign exchange reforms, Tinubu said, have curbed volatility.

“The Naira has stabilised… The multiple exchange rates, which fostered corruption and arbitrage, are now part of history.”

8. Social Investment in Vulnerable Households

“Under the social investment programme… N330 billion has been disbursed to eight million households, many of whom have received either one or two out of the three tranches of the N25,000 each.”

9. Solid Minerals Sector Growth

In mining, Tinubu said coal mining has rebounded, signalling diversification in natural resources.

“Coal mining recovered dramatically from a 22% decline in Q1 to 57.5% growth in Q2, becoming one of Nigeria’s fastest-growing sectors.”

10. Transport Infrastructure Expansion

The President maintained that his administration is accelerating work on major rail and highway projects.

“The 284-kilometre Kano-Kastina-Maradi rail project and the Kaduna-Kano rail line are nearing completion. Work is progressing on the Lagos-Calabar Coastal Highway and Sokoto-Badagry Highway.”

11. Global Recognition of Economic Reforms

Tinubu said international markets are responding positively.

“Sovereign credit rating agencies have upgraded their outlook for Nigeria… Our stock market is experiencing an unprecedented boom, rising from an all-share index of 55,000 points in May 2003 to 142,000 points as of September 26, 2025.”

12. Monetary Policy Confidence

The Central Bank has responded by lowering interest rates.

“At its last MPC meeting, the Central Bank slashed interest rates for the first time in five years, expressing confidence in our country’s macroeconomic stability.”

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Breaking : Security Tightened as ICPC Drags El-Rufai to Court in Kaduna

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Security presence surged around the Federal High Court in Kaduna on Tuesday as operatives from multiple agencies were deployed ahead of the arraignment of former Kaduna State Governor, Nasir El-Rufai, over alleged corruption-related offences.

By about 7:00 a.m., heavily armed personnel of the Department of State Services, Nigeria Police Force, Mobile Police Force, and Nigeria Security and Civil Defence Corps had taken positions at strategic locations leading to the court complex situated within the old Nigerian Defence Academy area.

Access roads to the venue witnessed restrictions, forcing vehicles into a single lane from the Ungwan Sarki axis through Kawo and triggering early morning gridlock.

The heavy security followed a prior notice by the Independent Corrupt Practices and Other Related Offences Commission that it would arraign El-Rufai on Tuesday, March 24, 2026, before the Federal High Court sitting in Kaduna.

In a statement issued by its Head of Media and Public Communications, John Odey, the commission said the former governor would be docked alongside one Joel Adoga in suit number FHC/KD/73/2026.

The agency explained that the charges against the defendants include alleged conversion, unlawful possession of public property, and money laundering.

“The Independent Corrupt Practices and Other Related Offences Commission is set to arraign the former Governor of Kaduna State, Malam Nasir El-Rufa’i, and one Joel Adoga at the Federal High Court of Nigeria in the Kaduna Judicial Division on Tuesday, March 24, 2026. The charges range from conversion of and possession of public property to money laundering,” the statement read.

It further disclosed that another case, marked KDH/KAD/ICPC/01/26, had been instituted against El-Rufai and one Amadu Sule before a Kaduna State High Court.

According to the commission, the state charges border on abuse of office, fraud, intent to commit fraud, and conferring undue advantage.

“Similarly, another charge against Malam Nasir El-Rufa’i and one Amadu Sule has been filed before a Kaduna State High Court in the Kaduna Judicial Division. The charges range from abuse of office and fraud to intent to commit fraud and conferring undue advantage, among others,” the statement added.

The ICPC said both cases were filed on March 18, 2026, adding that a date for arraignment in the state court would be announced later.

It also insisted that El-Rufai had been properly served, stressing its adherence to due process and the rule of law.

The development came amid growing pressure from stakeholders, including the African Democratic Congress, which called for his immediate release or arraignment, describing his continued detention without formal charges as unconstitutional.

In the same vein, the Muslim Rights Concern criticised his prolonged detention, while members of his family also alleged a breach of his fundamental rights.

El-Rufai was first arrested by the Economic and Financial Crimes Commission on February 16, 2026, granted bail two days later, and subsequently re-arrested by the ICPC.

He has remained in the custody of the anti-graft agency since then, pending his arraignment.

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Eid-el-Fitr: Araraume Salutes Muslims, Applauds Tinubu’s Leadership

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Senator Ifeanyi Araraume, a prominent chieftain of the All Progressives Congress (APC), has extended warm felicitations to Muslims in Nigeria and across the globe on the joyous occasion of Eid-el-Fitr.

In a statement to mark the end of Ramadan, Araraume highlighted the significance of the month long period of spiritual reflection, fasting, and devotion. “As Muslims gather with loved ones to share in the festivities, I join in the cheer, wishing everyone a blessed and peaceful Eid,” he said.

The Senator expressed profound appreciation to Muslim Nigerians for their contributions to the nation’s growth, describing their faith, resilience, and patriotism as beacons of hope. “Your unwavering commitment to Nigeria’s progress is truly commendable,” he stated.

As the country navigates its current challenges, Araraume called for unity, understanding, and collective effort. “Let us embrace the spirit of Eid, forgiveness, generosity, and kindness, to build a brighter future for ourselves and generations to come,” he urged.

Araraume also extended solidarity to President Bola Tinubu, a distinguished Muslim and the leader of APC, praising his visionary leadership and dedication to nation building. “President Tinubu’s commitment to serving Nigeria has been exemplary, and we assure him of our continued support,” he said.

Reaffirming the APC’s commitment to national prosperity, Araraume emphasized that the values of compassion, unity, and progress embodied by Eid align deeply with the party’s ethos. “As we mark this occasion, we reaffirm our dedication to creating a Nigeria where faith and ethnic background are not barriers to success,” he concluded.

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BREAKING: Tinubu, Starmer Meet as £746m Port Investment Deal Set for Signing

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President Bola Tinubu is currently meeting with United Kingdom Prime Minister Keir Starmer in a high-level bilateral engagement aimed at strengthening ties between Nigeria and Britain.

A statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, on Monday, said the meeting will culminate in the signing of various Memoranda of Understanding and agreements, including those on trade, investment, defence, and cultural cooperation.

The statement said the meeting reinforces Nigeria’s commitment to deepening bilateral relations, attracting foreign investment, and modernising key infrastructure to support economic growth.

It added that a major highlight of the visit was the signing of a £746 million financing agreement between UK Export Finance, the Nigerian Ports Authority, and the Federal Ministry of Finance.

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The statement said the deal will fund the refurbishment of two key maritime infrastructures — the Lagos Port Complex (Apapa Quays) and the Tin Can Island Port Complex.

The President and the First Lady had earlier been the guests of their Majesties King Charles III and Queen Camilla at Windsor Castle.

Tinubu was accompanied by a high-profile delegation, including Senate President Godswill Akpabio; Attorney General and Minister of Justice, Prince Lateef Fagbemi; Minister of Solid Minerals, Dele Alake; Minister of Information and National Orientation, Idris Mohammed; and Minister of State for Foreign Affairs, Ambassador Bianca Ojukwu.

Other members of the delegation include Minister of Finance and Coordinating Minister of the Economy, Wale Edun; Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole; Minister of Culture and Creative Economy, Hannatu Musawa; Minister of Communications and Digital Economy, Bosun Tijani; Minister of Defence, Gen. Christopher Musa; National Security Adviser, Malam Nuhu Ribadu; and Director-General of the National Intelligence Agency, Mohammed Mohammed.

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