Tinubu Assures Nigerians of Economic Recovery, Security in FEC Meeting
By Ige Sunday
President Bola Tinubu in a meeting with the Federal Executive Council (FEC) has assured that Nigeria’s economy is on a solid path of recovery and sustained growth, with reforms under his administration gaining recognition both at home and abroad.
Speaking during the Thursday’s meeting of the Federal Executive Council (FEC) in Abuja, the President said his government is engaging with global partners to consolidate the country’s progress, boosting investor confidence, and defeating terrorism.
“We will continue to engage with partners despite the political headwinds and the fears of our people,” Tinubu said. “The success of the $2.3 billion Eurobond that was oversubscribed by 400% is very assuring.
The task ahead is immense, but our resolve remains firm, to move forward with unity and purpose, guided by the Renewed Hope Agenda, to build a prosperous, inclusive, and resilient Nigeria.”
The President made the remarks shortly after swearing in two new ministers, Dr. Bernard Mohammed Doro, who takes charge of the Ministry of Humanitarian Affairs and Poverty Reduction, and Dr. Kingsley Tochukwu Udeh (SAN), who will oversee the Ministry of Innovation, Science, and Technology.
On national security, President Tinubu reassured Nigerians that his administration will not relent until terrorism and criminality are eradicated. “Do we have problems? Yes. Are we challenged by terrorism? Yes. But we will defeat terrorism,” he declared.
“Nigeria is one happy family, and we shall spare no effort until we eliminate all criminals from our society. We want our friends to help us as we step up our fight against terrorism.”
The President also urged ministers and public officials to maintain consistency in communication to avoid sending mixed messages to the public.
During the meeting, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, gave an update on Nigeria’s economic performance, which he described as the strongest in a decade.
According to Edun, the economy grew by 4.23% in the second quarter of 2025, the highest in ten years outside the COVID-19 rebound period.
He noted that 13 sectors recorded growth above 7%, compared to nine in the previous quarter, while industrial growth nearly doubled from 3.72% to 7.45%.
He added that inflation eased to 18.02% in September 2025, foreign reserves rose.