2026: THE BEGINNING OF A MORE ROBUST PHASE OF ECONOMIC GROWTH
Fellow Compatriots,
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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.
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During 2025, we sustained the momentum on our major reforms. We had a fiscal reset and also recorded steady economic progress. 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.
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๐๐๐จ๐ง๐จ๐ฆ๐ข๐ ๐๐ซ๐จ๐ ๐ซ๐๐ฌ๐ฌ ๐๐ง๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
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As we enter 2026, our focus is on consolidating these gains and continuing to build a resilient, sustainable, inclusive, and growth-oriented economy.
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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 4 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.
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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.
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๐ ๐ข๐ฌ๐๐๐ฅ ๐๐ข๐ฌ๐๐ข๐ฉ๐ฅ๐ข๐ง๐ ๐๐ง๐ ๐๐๐ฑ ๐๐๐๐จ๐ซ๐ฆ
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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.
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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.
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Crediting has started going out stay in the comments section I will credit you.
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Must follow @lordzitu & Repost his pin post/ Engage..
Fuel is N739 Per Litre and 50k Rice is N45k in Nigeria
This is the first time in Nigeria history wey price of things will go up and come down .
This man here is not getting enough accolades
@mariolexxx Since you were born how many times you don buy fuel per liter 500 hundred naira even 300 hundred naira tell me . Why you no go compliment because self day enjoy from the suffering we are passing through ๐ญ