President Bola Tinubu has acknowledged Nigeria’s ongoing security challenges but reaffirmed his administration’s resolve to defeat terrorism and overcome the Country of Particular Concern (CPC) designation recently issued by the United States government.
“Do we have problems? Yes. Are we challenged by terrorism? Yes. But we will defeat terrorism. We will overcome the CPC designation”, the President said. “Nigeria is one happy family, and we shall spare no effort until we eliminate all criminals from our society”.
Speaking at Thursday’s Federal Executive Council (FEC) meeting in Abuja after swearing in two new ministers, Bernard Doro (Humanitarian Affairs and Poverty Reduction) and Kingsley Udeh (Innovation, Science, and Technology), Tinubu urged Nigerians not to despair, assuring that government remains committed to securing every part of the country.
On the economy, the President said Nigeria’s reforms are beginning to yield results, citing the success of the recently oversubscribed $2.35 billion Eurobond as evidence of growing investor confidence.
“We are engaging the world diplomatically, and we will continue to consolidate our economic gains,” Tinubu said. “The task ahead is immense, but our resolve is firm, to move forward with unity and purpose under the Renewed Hope Agenda”.
Finance Minister and Coordinating Minister of the Economy, Wale Edun, also briefed the Council, reporting that GDP grew by 4.23% in Q2 2025, the highest in a decade, while inflation eased to 18.02%. He said Nigeria’s foreign reserves now exceed $43 billion and trade surplus has risen to ₦7.4 trillion.
Edun described the reforms as “bold but necessary”, aimed at building a competitive economy that attracts investment, creates jobs, and reduces poverty.
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