President Bola Tinubu marked his third year in office on Friday with an admission that Nigeria has not yet reached its goals but insisted the country is on a path to recovery.
“We have not solved every problem, and we are not yet where we want to be. But the foundation for recovery has been laid,” Tinubu said in a statement released to the public.
The president spoke as he completed three years of sweeping economic reforms, including the removal of a costly fuel subsidy and the unification of the naira’s multiple exchange rates.
Tinubu said the next phase of his administration must focus on ensuring ordinary Nigerians feel the impact of the reforms.
“The task before us now is clear: we must ensure that the benefits of reform are felt more directly in the daily lives of ordinary Nigerians,” he said.
He outlined three priority areas: keeping food prices low, reducing transportation costs by converting commercial vehicles to compressed natural gas and electric power, and creating more opportunities for decent work.

“We shall achieve this task by continuing to ensure that food prices, which have largely come down from their peak in 2023/2024, remain low,” Tinubu noted.
“We are also working to reduce transportation costs as operators of commercial trucks, buses, and taxis convert their petrol engines to CNG and switch to electric vehicles. We have also set our sights on creating more opportunities for decent work and enabling enterprise expansion.”
Tinubu also pointed to highways under construction, rail modernisation and expanded energy investments as evidence of progress.
“A nation develops when its people can see and touch progress,” he said.
“From highways under construction to rail modernisation and expanded energy investments, our goal remains clear: to build a Nigeria that works for Nigerians.”
STATEMENT BY PRESIDENT BOLA AHMED TINUBU (GCFR) ON THE THIRD ANNIVERSARY OF HIS ADMINISTRATION, MAY 29, 2026.
My fellow compatriots,
Three years ago, you entrusted me with the sacred responsibility of leading our beloved nation at a defining moment in our history. I accepted… pic.twitter.com/vC9dGZLbrd
— Bayo Onanuga, OON, CON (@aonanuga1956) May 29, 2026
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