President Bola Ahmed Tinubu has reaffirmed his administration’s determination to defeat terrorism and sustain Nigeria’s growing economy, assuring citizens and international partners that his government remains committed to stability, diplomacy, and prosperity.
Speaking during the Federal Executive Council (FEC) meeting in Abuja on Thursday, Tinubu said that despite ongoing security and economic challenges, the nation’s leadership would not back down from its Renewed Hope Agenda.
The meeting followed the swearing-in of two new ministers Dr. Bernard Mohammed Doro, Minister of Humanitarian Affairs and Poverty Reduction, and Dr. Kingsley Tochukwu Udeh (SAN), Minister of Innovation, Science and Technology.
“The most important thing is the fact that despite the political headwinds and the fear of our people, we will continue to engage with partners,” the President said.
“We are engaging the world diplomatically, and we assure all of you that we will defeat terrorism in this country.”
According to Tinubu, the recent $2.3 billion Eurobond, which was oversubscribed by 400%, is a strong signal of investor confidence in Nigeria’s economic trajectory.
He added that the government would continue to work with international allies to ensure national security and sustainable growth.
“Do we have problems? Yes. Are we challenged by terrorism? Yes. But we will defeat terrorism,” he said firmly. “Nigeria is one happy family, and we shall spare no effort until we eliminate all criminals from our society.”
During the same meeting, Minister of Finance and Coordinating Minister of the Economy, Wale Edun, provided updates on Nigeria’s economic performance.
He noted that GDP grew by 4.23% in Q2 2025, the highest in a decade outside the COVID rebound.
“The reforms that have been taken under your Renewed Hope Agenda, so bold and sometimes unpopular, are rooted in a clear objective to build a competitive economy that attracts investment, creates jobs, and lifts millions out of poverty,” Edun stated.
He explained that 13 sectors recorded growth above 7%, while the industrial sector nearly doubled its performance from 3.72% to 7.45%.
Inflation, he added, had eased to 18.02% as of September, while foreign reserves rose to $43 billion and the trade surplus hit N7.4 trillion.
Furthermore, Edun highlighted Nigeria’s removal from the Financial Action Task Force (FATF) Grey List as another milestone that strengthens the country’s global financial credibility.
“The recent $2.35 billion Eurobond issuance, which attracted orders exceeding $13 billion, clearly demonstrates growing investor trust,” he said.
President Tinubu charged all ministers to maintain consistent messaging and close collaboration to deliver measurable results.
He urged them to work with state governments to develop investor-ready projects across sectors such as infrastructure, agriculture, mining, education, and digital innovation.
“Every Naira must be optimised to sustain momentum amid global liquidity constraints,” Edun added, stressing that tariff reviews and relaxed import restrictions would further boost productivity.
Meanwhile, Tinubu’s reassurance comes shortly after U.S. President Donald Trump’s recent designation of Nigeria as a “Country of Particular Concern.”
The Federal Government has rejected the label, describing it as a misrepresentation of Nigeria’s current security reality.
