President Bola Ahmed Tinubu delivered a stirring address to a joint session of the National Assembly today, commemorating Nigeria’s Democracy Day and reflecting on 26 years of unbroken democratic governance since 1999. The speech, rich with tributes to democratic icons, economic updates, and a firm rejection of one-party state rumors, underscored Tinubu’s commitment to strengthening Nigeria’s democracy and fostering inclusive growth.
*Honoring June 12 and Democratic Heroes*
Tinubu paid homage to the sacrifices of those who fought for Nigeria’s democracy, particularly the heroes of the June 12, 1993, struggle. He lauded former President Muhammadu Buhari for officially recognizing June 12 as Democracy Day and affirming Chief Moshood Kashimawo Olawale Abiola and Babagana Kingibe as the rightful winners of the annulled 1993 presidential election.The President announced posthumous national honors for key figures, including the conferment of the Commander of the Federal Republic (CFR) on Kudirat Abiola, a heroine of the June 12 movement, and the Grand Commander of the Order of the Niger (GCON) on Nobel laureate Prof. Wole Soyinka. Other recipients included Shehu Musa Yar’Adua (GCFR), Ken Saro-Wiwa (CON), and legendary journalist Sam Amuka Pemu (CON), who turns 90 on June 13. Tinubu also granted a full pardon to Saro-Wiwa and the Ogoni Nine under his prerogative of mercy, with further pardons to be announced later.The President recognized the National Assembly’s historical role in safeguarding democracy, citing its rejection of a third-term bid in 2006 and the invocation of the doctrine of necessity in 2010 to ensure leadership continuity. He also recounted the courage of lawmakers like Senator Ameh Ebute, who defied military rule in 1993, risking imprisonment to reconvene the Assembly.
*Economic Reforms Yielding Results*
Tinubu highlighted significant economic strides since assuming office, emphasizing reforms to correct structural imbalances. He reported a GDP growth of 3.4% in 2024, with the fourth quarter reaching 4.6%, the highest in over a decade. Inflation is gradually easing, foreign reserves have surged fivefold, and the Naira’s exchange rate has stabilized. The balance of payments is positive, and states no longer borrow to pay salaries.The President touted initiatives like the Nigerian Consumer Credit Corporation (CREDICORP), which has provided affordable credit to over 100,000 Nigerians, including 35,000 civil servants. A new program launching in July 2025 will empower 400,000 young Nigerians, including NYSC members, with consumer credit. Investments in education, skills development, and digital infrastructure, such as nationwide fiber optic cables, aim to bridge the digital divide and boost global competitiveness.Tinubu also praised the National Assembly’s collaboration on a comprehensive Tax Reform Package, which he anticipates signing into law soon. The reforms include tax exemptions for small businesses and the establishment of a Tax Ombudsman to protect taxpayer rights. A newly created National Credit Guarantee Company, backed by ₦100 billion, will support industrial growth and curb corruption.
*Rejecting One-Party State Allegations*
Addressing speculations about the All Progressives Congress (APC) pursuing a one-party state, Tinubu categorically dismissed the notion, calling it detrimental to Nigeria’s democracy. Drawing from his political history as a progressive governor who resisted similar attempts in 2003, he vowed never to support such a scheme. He welcomed new APC members from Delta and Akwa Ibom, led by Governors Sheriff Oborevwori and Pastor Umo Eno, but urged opposition parties to focus on internal reforms rather than fear-mongering.“Political parties fearful of members leaving may be better served by examining their internal processes,” Tinubu quipped, adding, “It is, indeed, a pleasure to witness you in such disarray.”
*Commitment to Security and Governance*
On national security, Tinubu reaffirmed efforts to reclaim communities from criminals and terrorists through enhanced intelligence coordination and investments in technology and training. He thanked the Armed Forces for their bravery, urging continued support for their sacrifices.The President emphasized transparent governance, citing digital tools to track performance and reduce waste, alongside initiatives like the Diaspora Bond and Non-Resident BVN to engage Nigerians abroad. His “Nigeria First” policy aims for 7% economic growth and food sovereignty through a stronger manufacturing base.
*A Call for Unity and Tolerance*
Tinubu called for legislative tolerance and broader political space, urging lawmakers to value dialogue over suppression and to embrace criticism as part of democracy. “Call me names, call me whatever you will, and I will still call upon democracy to defend your right to do so,” he declared.He concluded by rallying Nigerians to rededicate themselves to the ideals of June 12—freedom, accountability, and social justice. “Our nation is not perfect, but it is strong. Our democracy is not invincible, but it is alive,” Tinubu said, urging collective effort to realize the Nigerian Dream.As Nigeria marks 26 years of democracy, Tinubu’s address blends optimism, resolve, and a clear vision for a prosperous, inclusive future, while honoring the sacrifices that made it possible.
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