According to President Bola Ahmed Tinubu, Nigeria’s economy has grown significantly over its 65 years of independence.
In his nationwide address on Wednesday to commemorate the 65th anniversary of independence, Tinubu made this clear.
He pointed out that the nation has persevered through all of the difficulties it has encountered over the past 65 years of independence.
“Our economy has experienced tremendous economic growth since 1960. We have survived all the challenges,” he said.
He went on to say that all levels of government now have more funds and income available to meet Nigerians’ needs.
According to President Bola Tinubu, he will keep creating an atmosphere that encourages the nation’s youth to pursue their goals.
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In his statement on Wednesday, October 1, 2025, Independence Day, Tinubu referred to the country’s youth as its greatest asset and its future.
In their diverse domains of science, technology, athletics, and the arts and creative industries, he exhorted them to keep having
“Our administration, through policies and funding, will continue to give you wings to fly sky-high,” he said.
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“We created NELFUND to support students with loans for their educational pursuits. Approximately 510,000 students in 36 states and the FCT have benefited from this initiative, covering 228 higher institutions.
“As of September 10, the total loan disbursed was N99.5 billion, while the upkeep allowance stood at N44.7 billion.
“Credicorp, another initiative of our administration, has granted 153,000 Nigerians N30 billion affordable loans for vehicles, solar energy, home upgrades, digital devices, and more.
“YouthCred, which I promised last June, is a reality, with tens of thousands of NYSC members now active beneficiaries of consumer credit for resettlement.
“Under our Renewed Hope Agenda, we promised to build a Nigeria where every young person, regardless of background, has an equitable opportunity to access a better future, thus, the Investment in Digital and Creative Enterprises (iDICE) programme.
“The Bank of Industry is driving the programme, in collaboration with the African Development Bank, the French Development Agency, and the Islamic Development Bank. This initiative is at the cusp of implementation.
“Over the last two years, we have collaborated with our partners to launch the programme, supporting our young builders and dreamers in the technology and creative sectors,” he stated.
