President Bola Tinubu says his administration is stepping up global partnerships and the fight against terrorism and organised crime. He made the commitment after receiving an economic briefing from the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, during Thursday’s Federal Executive Council meeting.
Despite political and security pressures, the President said his government remains focused on progress under the Renewed Hope Agenda.
“The task ahead is immense. But we are resolved to move forward with unity and purpose, to defeat terrorism and build a prosperous, inclusive, and resilient Nigeria,” he said.
President Tinubu also pointed to Nigeria’s latest Eurobond oversubscription as a sign of growing global confidence in the country’s reforms.
“Despite the political headwinds and fears, our partners have continued to engage with confidence,” he added.
In his presentation, Minister Wale Edun said the reform programme is boosting investor confidence and driving real economic gains.
He revealed that the economy grew by 4.23 percent in the second quarter of 2025 — the strongest in a decade outside the post-COVID rebound — with 13 sectors recording growth above seven percent.
Edun noted that inflation dropped to 18 percent last December, foreign reserves surpassed $43 billion, and the trade surplus rose to ₦7.4 trillion.
He added that Nigerians now spend about half of their income on basic needs, down from nearly 90 percent previously, signalling improving living standards.
The minister also described Nigeria’s removal from the FATF grey list and the $2.35 billion Eurobond oversubscription as proof of renewed international confidence in the country’s economic direction.
