Fellow Nigerians,

As we enter 2025, I wish everyone a happy and prosperous New Year. May you be rich in joy, success, and good health.

As the new year dawns, it brings many hopes, aspirations, and prospects for better days. By the grace of God, 2025 will be a year of great promise in which we will fulfill our collective desires.

Though 2024 posed numerous challenges to our citizens and households, I am confident that the New Year will bring brighter days.

ALSO READ: NGX Bucks 2015 to 2019 Trend, Thrives In Roaring 20s

Economic indicators point to a positive and encouraging outlook for our nation. Fuel prices have gradually decreased, and we recorded foreign trade surpluses in three consecutive quarters. Foreign reserves have risen, and the Naira has strengthened against the US dollar, bringing greater stability.

The stock market’s record growth has generated trillions of naira in wealth, and the surge in foreign investment reflects renewed confidence in our economy. Nevertheless, the cost of food and essential drugs remained a significant concern for many Nigerian households in 2024.

In 2025, our government is committed to intensifying efforts to lower these costs by boosting food production and promoting local manufacturing of essential drugs and other medical supplies. We are resolute in our ambition to reduce inflation from its current high of 34.6% to 15%. With diligent work and God’s help, we will achieve this goal and provide relief to all our people.

In this new year, my administration will further consolidate and increase access to credit for individuals and critical sectors of the economy to boost national economic output.

To achieve this, the federal government will establish the National Credit Guarantee Company to expand risk-sharing instruments for financial institutions and enterprises.

The Company—expected to start operations before the end of the second quarter—is a partnership of government institutions, such as the Bank of Industry, Nigerian Consumer Credit Corporation, the Nigerian Sovereign Investment Agency, and Ministry of Finance Incorporated, the private sector, and multilateral institutions.

This initiative will strengthen the confidence of the financial system, expand credit access, and support under-served groups such as women and youth. It will drive growth, re-industrialisation, and better living standards for our people.

On a personal note, thank you for placing your confidence in me as your president. Your trust humbles me, and I promise to continue serving you diligently and wholeheartedly.

We will continue to embark on necessary reforms to foster sustainable growth and prosperity for our nation.

I seek your cooperation and collaboration at all times as we pursue our goal of a one trillion-dollar economy. Let us stay focused and united.

We are on the right path to building a great Nigeria that will work for everyone. Let us not get distracted by a tiny segment of our population that still sees things through the prisms of politics, ethnicity, region, and religion.

CITIZENSHIP

To achieve our national goals and objectives, we must become better citizens and uncompromising in our devotion and allegiance to Nigeria.

Citizens’ moral rectitude and faith in our country are fundamental to the success of the Renewed Hope Agenda. In 2025, we will commit to promoting adherence to ethical principles, shared values, and beliefs under the National Identity Project.

I will unveil the National Values Charter, already approved by the Federal Executive Council, in the first quarter of 2025. I will launch an ambitious national orientation campaign that fosters patriotism and love for our country and inspires citizens to rally together. The Charter will promote mutual commitments between the government and citizens and foster trust and cooperation among our diverse population and between the government and the citizens.

As far-reaching and foundational as our reforms are, they can produce the desired outcomes only through shared common values and identities and unconditional love for our country.

The Youth Confab will begin in the first quarter of 2025, a testament to our commitment to youth inclusiveness and investment as nation-builders. The Ministry of Youth will soon announce the modalities for selecting the conference’s representatives from our diverse, youthful population.

Dear Compatriots, I urge you to continue believing in yourselves and keeping faith in our blessed country.

Let me use this New Year’s message to urge our governors and local council chairpersons to work closely with the central government to seize emerging opportunities in agriculture, livestock, and tax reforms and move our nation forward. I commend governors who have embraced our Compressed Natural Gas initiative by launching CNG-propelled public transport. I also congratulate those who have adopted electric vehicles as part of our national energy mix and transition. The Federal Government will always offer necessary assistance to the states.

To all citizens, your sacrifices have not been in vain over the past 19 months. I assure you they will not be in vain even in the months ahead. Together, let us stay the course of nation-building.

The New Year will bring us closer to the bright future we all desire and the Nigeria of our dreams.

God bless you all, and may God bless our beloved country, Nigeria.

Happy New Year and a prosperous 2025 to you all!

Bola Ahmed Tinubu,

President of the Federal Republic of Nigeria

January 1, 2025

Osun State Governor, Senator Ademola Adeleke has assured the citizenry that the newly signed budget 2025 will be rigorously implemented for the benefit of Osun people.

According to a statement in Osogbo on Tuesday, Gov Adeleke made the pledge while signing Budget 2025 into law, emphasizing that the signing ceremony “further demonstrates our readiness to forge ahead in the new year with the growth and development of our dear State”

The state governor who said the budget, tagged “Budget of Sustainable Growth and Transformation” is the total sum of Four Hundred and Twenty-Seven Billion, Seven Hundred and Forty-Six Million, Nine Hundred and Twenty-Five Thousand, One Hundred and Seventy Naira (₦427,746,925.170.00)”

ALSO READ: SERAP Urges Tinubu To Direct CCB To Publish President’s, VP’s, Others Assets

Gov Adeleke directed Ministries, Agencies and Departments (MAD) to vigorously pursue the implementation for the benefit of the citizens of the state, stating that “Our budget performance must continue to be commendable on a quarterly basis.

“I further direct the Ministry of Economic Planning, Budget and Development to as usual monitor the implementation process for delivery according to targets and expectations”, he stated.

He assured Osun people that the budget will be rigorously implemented to deliver on public expectations, adding that “The Appropriation Act will be our faithful instrument to deliver on the five-point agenda for good governance.

He commended the Ministry of Economic Planning, Budget and Development for upholding professionalism all the way even as he appreciated the House Speaker and other members of the State Assembly.

“The Executive arm looks towards oversight activities by the lawmakers. I urge members of the State Executive Council to cooperate with the lawmakers in the exercise of their mandate during the 2025 budgetary year”, he noted.

Speaking earlier, the House Speaker, Right Honourable Adewale Egbedun said the signing ceremony was the final stage of rigorous processing of budgetary estimates with an eye on public benefits.

According to the House Speaker, the budget as passed by the House embodied the vision and agenda of the executive mixed with perspectives of the legislature as the elected representatives of the people.

The Commissioner for Ministry of Economic Planning, Budget and Development, Prof Moruf Adeleke gave a technical breakdown of the 2025 budget, assuring the public that all the parameters flow from the deep interest of Gov Adeleke for the people of Osun State.

Osun State Governor, Senator Ademola Adeleke has offered condolences to his Kwara State counterpart, Governor AbdulRahman AbdulRazaq, over the demise of Chief of Staff, Prince Abdul Kadir Mahe.

This was revealed in a statement by his Spokesperson, Olawale Rasheed described the Late Prince Mahe as an astute community leader and a core state-man whose vacuum will be difficult to fill.

According to Olawale, his principal condoled the immediate family of Prince Abdul Kadir, Ilorin community, and the Emir of Ilorin, Dr. Ibrahim Sulu-Gambari.

He cited Gov Adeleke thus, “I wish to commiserate with my brother, Governor AbdulRahman AbdulRazaq of Kwara state over the demise of his Chief of Staff, Prince Abdul Kadir Mahe.

“Prince Mahe has distinguished himself in his lifetime as a true democrat, an astute leader and a state-man who will be greatly missed. His vacuum will be very difficult to fill.

“I extend my condolences to the immediate family of Prince Abdul Kadir, the Ilorin community, and the Emir of Ilorin, Dr. Ibrahim Sulu-Gambari.

“We pray that Allah accepts his return and grants him al-Jannah Firdaus.”