00:02President Bolatinobo said his country had overcome major challenges since he assumed
00:07office in 2023, even as he remains unpopular among young Nigerians with his re-election
00:14bid around the corner.
00:16The evidence that Nigerian economic outlook has improved is undeniable.
00:24Our economy has grown by over 4% this year.
00:30Both oil and non-oil sectors have contributed to the renewed period of stable growth.
00:39Oil debt is down.
00:41Inflation has fallen substantially from its peak.
00:46Tinobo began his administration with economic reforms, announcing at his inauguration in
00:52May 2023, the removal of the decades-long fuel subsidy.
00:57The reforms resulted in soaring inflation for millions of people.
01:01Our objective is not to manage poverty more efficiently.
01:07We will defeat it.
01:09It will take time.
01:10It will require discipline.
01:12It will require sustained growth years after year, and the creation of millions of productive
01:20opportunities across our country.
01:24Tinobo is running for re-election on January 16, 2027.
01:29He's challenged by 18 opposition candidates, but analysts predict a three-man race.
01:35Tinobo was delivering his last Independence Day address.
01:40Tinobo was delivering his last race.
01:41Tinobo Dias Lumpo
01:41Theicated