Presidency Highlights Successes In Infrastructure, Energy, Education

Added: 2026-06-01

[00:00:00]the months ahead.

[00:00:02]Bola Tinubu, famous call, TVC News, Lagos.

[00:00:07]>> And as President Bola Tinubu marks 3 years in office, the presidency says the administration's economic reforms are beginning to yield results despite the hardship experienced by some Nigerians.

[00:00:18]In a statement commemorating the anniversary, the president defended key policy decisions, including full subsidy removal and foreign exchange reforms, insisting they were necessary to avert a deeper economic crisis. TVC News senior correspondent Femi Akande has more.

[00:00:34]>> Nigeria will be >> 3 years after assuming office, President Bola Tinubu says Nigeria is gradually emerging from one of its most challenging economic periods.

[00:00:48]The president acknowledged the sacrifices Nigerians have made since 2023, but maintained that the difficult reforms introduced by his government were necessary to prevent an economic collapse.

[00:01:03]According to the president, the removal of fuel subsidy and the unification of the foreign exchange market helped address long-standing distortions that had placed enormous pressure on the nation's finances.

[00:01:17]The statement highlighted what the administration described as a major achievement across infrastructure, housing, agriculture, healthcare, education, and energy.

[00:01:30]The presidency says more than 2,700 km of roads are currently under construction or rehabilitation nationwide, while over 1.5 million students have accessed higher education funding through the Nigeria Education Loan Fund, NELFUND.

[00:01:49]President Bola Tinubu also pointed to increase in investments in the oil and gas sector, improvements in local refining capacity and ongoing efforts to stabilize the power sector.

[00:02:02]On security, the president said military and intelligence operations have intensified against terrorists, bandits, and kidnappers leading to improved safety in several communities.

[00:02:15]But beyond government projections and official statistics, many Nigerians continue to grapple with the high cost of living.

[00:02:24]>> That day, I think the attitude of this our problems is from our subsidy.

[00:02:29]Because the money that we move from the subsidy, you should try to you should try to use the money to uh develop our economy.

[00:02:37]>> When you remove subsidy, and they are complaining about it, you should not be what uh responsible for that. Those who control should be the one that they will drag.

[00:02:48]I don't know if you understand. Because it can't be seen overseeing all the functions of Nigeria affairs.

[00:02:53]In as far as they they tell the last year, it's it's it's wide.

[00:02:57]>> has been able to achieve.

[00:02:59]>> Former Senator Shehu Sani says while the administration deserves credit for pursuing difficult reforms, Nigerians are ultimately interested in outcomes that improve their living conditions.

[00:03:11]>> In the areas of infrastructure, let us remember there was a government that was here for 8 years.

[00:03:17]And within that 8-year period was not given the attention it deserved.

[00:03:21]Infrastructural development was not given the attention, but where we are today, we can see the continuation of the Kano-Maradi railway project is still given the necessary attention.

[00:03:35]The continuation of uh Abuja-Kano railway is being given the necessary funding. It's still going on.

[00:03:44]For the first time, a design that has been there as a conception for over five decades, uh Badagry Lagos is now given full attention and well-funded. First time in history of Nigeria.

[00:03:59]>> Talking about growth rate in the economy.

[00:04:01]>> Economic adviser to the president, Tokunbo Fasua, insists the economy is showing clear signs of recovery, citing improvements in revenue generation, investor confidence, and market performance.

[00:04:14]>> A lot of development going on in all in every state in this country. Many of the governors are actually doing a lot of work. People should actually position themselves, and they have a right. The country is transforming for those who care to see. It's there, but of course, we can't all be cynical.

[00:04:30]Uh so, I think that people should uh understand that Nigeria is developing in in real-time uh basis.

[00:04:37]>> Security analysts say, although security agencies have recorded gains against criminal elements, sustaining those gains will require continued investment in intelligence, technology, and local security partnerships.

[00:04:53]>> They have an increased uh budgetary allocation towards ensuring more reliance on technology.

[00:05:00]There have also been efforts by the National Security Administration uh I mean, National Security Adviser to ensure that um we have intelligency collaboration. However, I believe that um majority of these efforts are at the moment targeted at the symptoms of insecurity.

[00:05:26]And I believe we need to begin to look at more closely the root causes of insecurity.

[00:05:32]>> As the administration enters its fourth year, supporters point to structural reforms and infrastructure development as evidence of progress.

[00:05:42]Critics, however, argue that the success of those reforms will ultimately be measured by their ability to reduce hardship and improve the quality of life for ordinary Nigerians. Femi Akonde, TVC News, Abuja.

[00:06:00]>> In other matters now, a group of teachers have staged a peaceful protest in the battle.