I won’t rest until Nigerians feel more of it — Tinubu

President Bola Tinubu has pledged relentless effort to ensure that Nigeria’s economic growth translates into real benefits for its citizens.

Following a promising third-quarter GDP growth of 3.46%—surpassing last quarter’s 3.19%—the President declared his administration’s dedication to reshaping Nigeria’s economy.

In a statement released by his Special Adviser, Sunday Dare, Tinubu celebrated the National Bureau of Statistics’ report as a milestone but emphasized it as only the beginning.

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“This performance highlights the positive effects of our economic reforms,” Tinubu said, “but it also reminds us of the extensive work ahead to ensure these gains are felt in every Nigerian’s pocket.”

The President revealed plans to rebase the economy by 2025, aiming to reflect the dynamism and structural changes in various sectors. This, he believes, will pave the way for “shared prosperity” across Nigeria.

Key reforms, including the overhauled tax regime, target a reduction in the burden on small businesses while ensuring more equitable revenue distribution across states.

Tinubu’s administration has embarked on ambitious fiscal reforms to enhance economic management and reduce inequalities.

The new tax system aims to address the “headquarters effect,” where states hosting company headquarters disproportionately benefit from taxes. By promoting regional equity, the government seeks to ensure that every Nigerian—regardless of location—shares in the nation’s economic progress.