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2026 marks more robust phase for economic growth —Tinubu

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President Bola Tinubu has promised that the year 2026 marks the beginning of a more robust phase for the country’s economic growth, noting that the new year will be a more prosperous one for the nation, the citizens, and all who call Nigeria home.

The President in his new year message, entitled ‘2026 Marks the Beginning of a More Robust Phase of Economic Growth,’ also noted that the reforms embarked upon by the government were moving the country in the right direction with more concrete results on the horizon for the ordinary citizens.

He said: “Fellow Compatriots, I welcome you all to 2026, with gratitude to God and confidence in our collective resolve that this new year will be a more prosperous one for our nation, our citizens, and all who call Nigeria home.

“During 2025, we sustained the momentum on our major reforms. We had a fiscal reset and also recorded steady economic progress.

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“Despite persistent global economic headwinds, we recorded tangible and measurable gains, particularly in the economy. These achievements reaffirm our belief that the difficult but necessary reforms we embarked upon are moving us in the right direction with more concrete results on the horizon for the ordinary Nigerian.

“As we enter 2026, our focus is on consolidating these gains and continuing to build a resilient, sustainable, inclusive, and growth-oriented economy.

“We closed 2025 on a strong note. Despite the policies to fight inflation, Nigeria recorded a robust GDP growth each quarter, with annualised growth expected to exceed four per cent for the year. We maintained trade surpluses and achieved greater exchange rate stability.

“Inflation declined steadily and reached below 15 per cent, in line with our target. In 2026, we are determined to reduce inflation further and ensure that the benefits of reform reach every Nigerian household. In 2025, the Nigerian Stock Exchange outperformed its peers, posting a robust 48.12 per cent gain and consolidating its bullish run that began in the second half of 2023.

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“Supported by sound monetary policy management, our foreign reserves stood at $45.4 billion as of December 29, 2025, providing a substantial buffer against external shocks for the Naira. We expect this position to strengthen further in the new year.

“Foreign direct investment is also responding positively. In the third quarter of 2025, FDI rose to $720 million, up from $90 million in the preceding quarter, reflecting renewed investor confidence in Nigeria’s economic direction, which global credit rating agencies, including Moody’s, Fitch, and Standard & Poor’s, have consistently affirmed and applauded.

“A few days ago, I presented the 2026 Appropriation Bill to the National Assembly. In that address, I emphasised that our administration has implemented critical reforms that are laying a solid foundation for long-term stability and prosperity. With patience, fiscal discipline, and unity of purpose, Nigeria will emerge in 2026 stronger and better positioned for sustained growth.

“As inflation and interest rates moderate, we expect increased fiscal space for productive investment in infrastructure and human capital development. We are also confronting the challenge of multiple taxation across all tiers of government. I commend states that have aligned with the national tax harmonisation agenda by adopting harmonised tax laws to reduce the excessive burden of taxes, levies, and fees on our people and on basic consumption.

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“The new year marks a critical phase in implementing our tax reforms, designed to build a fair, competitive, and robust fiscal foundation for Nigeria. By harmonising our tax system, we aim to raise revenue sustainably, address fiscal distortions and strengthen our capacity to finance infrastructure and social investments that will deliver shared prosperity.

“My fellow Nigerians, the path of reform is never easy, but it is necessary. We remain mindful that economic progress must be accompanied by security and peace.

“Our nation continues to confront security threats from criminal and terrorist elements determined to disrupt our way of life. In collaboration with international partners, including the United States, decisive actions were taken against terrorist targets in parts of the Northwest on December 24. Our Armed Forces have since sustained operations against terror networks and criminal strongholds across the Northwest and Northeast.

“In 2026, our security and intelligence agencies will deepen cooperation with regional and global partners to eliminate all threats to national security. We remain committed to protecting lives, property, and the territorial integrity of our country.

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“I continue to believe that a decentralised policing system with appropriate safeguards, complemented by properly regulated forest guards, all anchored on accountability, is critical to effectively addressing terrorism, banditry, and related security challenges.

“The new year marks the beginning of a more robust phase of economic growth, with tangible improvements in the lives of our people. We will accelerate the implementation of the Renewed Hope Ward Development Programme, aiming to bring at least 10 million Nigerians into productive economic activity by empowering at least 1,000 people in each of the 8,809 wards across the country.

“Through agriculture, trade, food processing, and mining, we will stimulate local economies and expand grassroots opportunities. We will also continue to invest in modernising Nigeria’s infrastructure –

roads, power, ports, railways, airports, pipelines, healthcare, education, and agriculture to strengthen food security and improve quality of life. All ongoing projects will continue without interruption.

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“To achieve our objectives in 2026, we must all play our part. Nation-building is a shared responsibility. We must stand together in unity and purpose, uphold patriotism, and serve our country with honour and integrity in our respective roles. Let us resolve to be better citizens, better neighbours, and better stewards of our nation.

“Fellow Nigerians, I wish you all a peaceful, productive, and prosperous New Year. May God continue to bless and protect our beloved country, keep our troops safe and destroy the enemies bent on disrupting our national peace, security and stability. Happy New Year to you all,” he added.

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Atiku hails US report on Tinubu’s fiscal policy, says ‘I’m vindicated “

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Atiku Abubakar, presidential candidate of the African Democratic Congress (ADC) and former Vice President of Nigeria, on Friday commended recent report by the United States Department of State highlighting concerns over fiscal transparency in Nigeria, with specific reference to the federal government’s failure to disclose revenues and expenditures.

Stating that it vindicated his position for consistently calling out President Bola for its failure to uphold the basic standards of fiscal transparency, accountability, and disclosure required in a modern democracy.

The US report, had stated that: “The government made its enacted budget and end-of-year report widely and easily accessible to the public, including online, but did not publish its executive budget proposal within a reasonable period.

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“…Budget documents did not provide a substantially complete picture of the government’s revenues and expenditures, or break down expenditures to support executive offices in the budget.”

Atiku, who said the report aligned with his concerns quoted the part, where it said: “Actual revenues and expenditures did not reasonably correspond to those in the enacted budget.”

The report also carpeted the Office of the Auditor-General, for did not meeting international standards of independence and did not publish substantive reports, adding that the Tinubu-led government did not meet the minimum requirements for fiscal transparency during the period under review.

Citing the failure to provide timely, detailed, and publicly accessible information on government revenues and expenditures, as well as the absence of credible audit trails, the former VP, said the observation was on all fours with his position over the years that Nigerians were being kept in the dark about how public resources are generated and spent.

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Maintain that without full disclosure of how public funds were earned and spent, Nigeria could not attract investment, fight corruption, or build public trust, Atiku, added: “Transparency is not a slogan. It is the foundation of good governance.

This report confirms what we have been saying that Nigerians deserve to know where every kobo is coming from and where it is being spent. They are our resources and not the resources of President Bola Tinubu and his family and friends.”

While stressing the importance of fiscal transparency as a key benchmark for investors, donor agencies, and credit rating firms, he argued that since the Nigerian economy also relied heavily on foreign investment and multilateral support to fund infrastructure and social programmes, publishing detailed, timely data on revenue from oil, taxes, and borrowing, and on how that money was spent, remained critical to restoring confidence amid rising debt and inflation.

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Osun Guber: Heavy Security Presence at INEC Office Ahead of Saturday’s Poll

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There is a heavy security presence at the Independent National Electoral Commission (INEC) office along the Gbongan-Ibadan Road in Osogbo, Osun State, as final preparations intensify for Saturday’s governorship election.

Our correspondent observed a large number of security personnel, including officers of the Nigeria Police Force, stationed within and around the INEC premises on Friday.

The deployment is part of the security arrangements being put in place ahead of the movement of election personnel and materials to the state’s 30 local government areas.
Election stakeholders, including civil society organisations, journalists and accredited observers, were also seen at the INEC office as preparations for the poll reached a critical stage.

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The Resident Electoral Commissioner in the state, Oluwatoyin Babalola, was also said to be holding meetings with National Commissioners and supporting Resident Electoral Commissioners from other states as final arrangements for the election were being concluded.

The governorship election is scheduled to hold across 3,763 polling units in 332 wards spread across the 30 local government areas of the state.
Meanwhile, INEC had on Thursday disclosed that 1,906,390 Permanent Voter Cards (PVCs), representing 81.50 per cent of the 2,339,233 registered voters in the state, had been collected ahead of the election.

INEC’s National Commissioner and Chairman of the Information and Voter Education Committee, Mohammed Haruna, disclosed this in a statement.

According to him, 426,842 PVCs, representing 18.50 per cent of the total registered voters, remained uncollected and had been safely deposited with the Central Bank of Nigeria (CBN), in line with the commission’s established practice.

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The commission also disclosed that some registered voters whose PVCs were damaged, defaced or lost had applied for replacement.
It said 6,101 applicants had printed downloadable copies of their replacement PVCs.

The heightened security presence at the INEC office comes amid increased preparations by security agencies and other stakeholders to ensure a peaceful and credible governorship election in the state.

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Osun Election: Police Deploy 30 CPs, 15,000 Personnel as DIG Takes Charge of Security

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The Nigeria Police Force has deployed no fewer than 30 Commissioners of Police and more than 15,000 personnel to provide security for Saturday’s governorship election in Osun State.

The Force also disclosed that a Deputy Inspector-General of Police (DIG) would coordinate the overall security operations for the election, while helicopters and drones would be deployed for aerial and area surveillance before, during and immediately after the poll.

The Force Public Relations Officer, CSP Anietie Iniedu, disclosed this while briefing journalists on Friday in Osogbo, the Osun State capital, on the police preparations for the election.
Iniedu said the police commenced the deployment of personnel and other security resources three weeks before the election, adding that the measures were designed to ensure adequate security across the state’s 30 local government areas.
According to him, more than 15,000 police operatives would be deployed for election duties, while a police helicopter and drone unit had already arrived in Osogbo to support surveillance operations.

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He further disclosed that two units of the Police Mobile Force (PMF), each comprising more than 60 personnel, had been deployed to the headquarters of the Independent National Electoral Commission (INEC) in Osogbo.

Similarly, he said each of the 30 local government areas would have a PMF unit to reinforce security during the election.

“We have deployed armed mobile policemen to every local government area in the state. So, we have 30 units across 30 local government areas. A unit is about 60 policemen.

“We also have two units of armed mobile policemen attached to the Independent National Electoral Commission headquarters in Osogbo here. The men who stay at the local government areas are being coordinated by a Commissioner of Police. There is a Commissioner of Police in each Local Government Area.
“We also have a Deputy Commissioner of Police in each Local Government Area, as well as a Mobile Police Commander and a PMF commander with the rank of Assistant Commissioner of Police in each Local Government Area.

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“As of Thursday, our helicopters and drone units have arrived in Osogbo, and they will be conducting area surveillance from now, during and immediately after the elections.”

The Force PRO also disclosed that the Army would cordon off border routes leading into Osun State from midnight on Saturday as part of measures to restrict movement during the election.
“We will be locking down the state. We will not be allowing any vehicular movement apart from those on essential duty, security duties and those going to cast their franchise,” he said.

Iniedu urged parents to caution their children and wards against engaging in electoral offences, warning that security agencies would deal with anyone found violating the law.
He specifically identified intimidation, stalking, vote-buying and ballot-box snatching as offences that would attract legal consequences.

He also disclosed that a mobile court would be available to handle cases involving persons arrested for alleged electoral offences.
On firearms recovered from suspected hoodlums in the state, Iniedu said the police were yet to collate the specific details of the weapons but disclosed that about 34 illegal firearms had so far been recovered.

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“We don’t have specific details about the guns we have mopped up, but I know that in Osun State, so far, we have mopped up about 34 illegal firearms, and investigations are ongoing,” he said.

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