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Tinubu Claims His Economic Reforms Are Yielding Results Despite Challenges

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President Bola Tinubu has announced that the economic reforms implemented since he assumed office are beginning to show positive outcomes.

While acknowledging the difficulties these policies have caused for Nigerians, the President emphasized that they were necessary to pull the country back from the brink of economic and social collapse.

Tinubu’s remarks were delivered at the 34th and 35th convocation ceremonies of the Federal University of Technology, Akure (FUTA), where he was represented by the Vice-Chancellor of the University of Ilorin, Professor Wahab Egbewole.

During his address, Tinubu highlighted a significant shift in the nation’s economic trajectory, noting that Nigeria is transitioning from a consumption-driven economy to one focused on production and self-reliance.

The President appealed to Nigerians for patience and understanding as his administration works to stabilize the country.

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He reassured citizens that his government remains open to constructive criticism while striving to implement policies that benefit all.

Tinubu also reiterated his commitment to prioritizing the well-being of future generations, explaining that key decisions, such as the removal of the fuel subsidy and the unification of exchange rates, were taken to address deep-rooted economic challenges.

He said, “These reforms were essential to secure the future of our children and reposition the country on the path of sustainable growth.

I am fully aware of the hardships caused by these measures and sincerely wish there were less painful alternatives.

However, they were necessary to rescue our economy and ensure long-term prosperity.”

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Tinubu pointed out that while macroeconomic indicators are showing signs of improvement, the impact on individual households—the microeconomy—will take time to fully manifest.

He expressed optimism, stating that gradual progress is being made, and citizens will soon begin to feel tangible benefits.

“Every household will, by the grace of God, experience an improved quality of life and greater hope for the future,” he assured.

The President also addressed the issue of national security, affirming his administration’s dedication to protecting Nigerians in all regions.

“We are working tirelessly to ensure the safety and security of every Nigerian.

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Our revamped security architecture is yielding results, and the dark days of insecurity are becoming a thing of the past.

We remain focused on building a nation where everyone can thrive in peace and prosperity,” Tinubu added.

Professor Wahab Egbewole, who represented Tinubu at the event, commended FUTA for its contributions to national development through innovation and technology.

He encouraged the graduating students to apply their skills toward solving societal challenges, noting that the country’s economic transformation depends heavily on youth empowerment and technological advancement.

The removal of the fuel subsidy earlier this year was one of Tinubu’s most controversial decisions.

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While it caused an immediate spike in fuel prices and transportation costs, his administration argued that the funds previously spent on subsidies could now be redirected toward critical infrastructure and social programs.

Similarly, the unification of exchange rates aimed to reduce market distortions and attract foreign investment, though it initially led to inflationary pressures.


 

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“No Other Candidate Brings What I Bring to the Table” – Peter Obi Says

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Peter Obi, former Labour Party presidential candidate, has declared that democracy no longer exists in Nigeria. Speaking in an interview with Arise TV, Obi pointed to the recent Edo State governorship election and the unfolding political crisis in Rivers State as clear signs that democratic principles have collapsed.

Obi condemned President Tinubu’s decision to declare a state of emergency in Rivers over tensions between Governor Sim Fubara and FCT Minister Nyesom Wike. The President’s move included suspending the governor, his deputy, and the entire State Assembly for six months, replacing them with a Sole Administrator.

Obi criticized the decision, arguing that no one should govern without a mandate from the people. “There is no democracy in Nigeria today,” he said. When asked why he plans to contest the 2027 presidential election, Obi said the fight for real democracy must continue. “Look at the Edo election — does that look like democracy? Rivers State buried the whole idea,” he said.

“You can’t fix problems by breaking the rules,” Obi added. “I’m still committed to building a better Nigeria. I have the background, the experience, and I’ve served in both the corporate world and as a governor. No other candidate brings what I bring to the table.”


 

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Federal Government Declares Thursday Public Holiday for 2025 Democracy Day

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The Federal Government has announced Thursday as a public holiday in honour of the 2025 Democracy Day celebration. The announcement was made through a statement by the Permanent Secretary of the Ministry of Interior, Mrs. Magdalene Ajani, in Abuja.

According to her, the Minister of Interior, Olubunmi Tunji-Ojo, made the declaration on behalf of the government and used the opportunity to commend Nigerians for sustaining 26 years of uninterrupted democracy. He noted that June 12 stands as a powerful reminder of Nigeria’s journey toward truth, justice, peace, and a promising future.

Tunji-Ojo also stated the determination and resilience of Nigerians over the past two decades and reaffirmed the Tinubu administration’s dedication to upholding democratic values built on the freely expressed will of the people.


 

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WAEC Says English Exam Was Not Cancelled and Warns Against Fake News

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WAEC has debunked rumours that the English Language paper written on May 28 was cancelled. The exam, part of the ongoing WASSCE for school candidates, faced serious delays at several centres across the country. In some places, the paper meant to start by 9 a.m. didn’t begin until late at night, leaving students to write under poor conditions, with many using phone flashlights and torchlights to read their questions.

WAEC explained that it received reports of a possible paper leak and had to act fast to protect the credibility of the exam. But contrary to claims making rounds on social media, the council made it clear the paper was not cancelled. In a statement by Moyosola Adesina, the acting Head of Public Affairs, WAEC said a press release dated May 30 announcing the cancellation was fake and not from the council.

She said WAEC doesn’t know where the false information came from, but suspects it was shared by individuals trying to create panic and damage the council’s image. The Head of WAEC’s National Office, Amos Dangut, also commented on the situation, saying the late-night exams held in some areas were far below the council’s standards.


 

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