President Bola Ahmed Tinubu says the infrastructure projects executed by his administration are connecting producers to markets and creating opportunities for enterprise and employment for the youths across the country,
President Tinubu who made the assertion in his Democracy Day broadcast on Thursday 12 June 2026 said it was part of efforts to restore stability and credibility to Nigeria’s economic.
“Three years ago, our public finances were under severe strain, investment was discouraged, and economic uncertainty threatened our future.
” But today Federation revenues have risen, providing states and local governments with more resources for infrastructure, education, healthcare, and security. Fiscal transparency has improved, leakage has been reduced, and public funds are better directed to national priorities. Investor confidence has returned, with investments in agriculture, energy, manufacturing, technology, mining, transportation, and the creative industries growing.
“Domestic refining capacity has increased, strengthening energy security and reducing our reliance on imported petroleum products” president Tinubu said.
On hardship faced by Nigerians, the President said the government remains focused on reducing inflation, expanding food production, creating jobs and providing conditions for sustainable prosperity.
“We are moving from uncertainty to stability. The next phase is about accelerating growth and ensuring the benefits are felt in every home, every community, and every region. We believe that Democracy must be felt in the pocket” he asserted.
Speaking of Electricity, President Tinubu explained that he signed the Electricity Act, which granted states authority to generate, transmit, and distribute power as measures to address the problems besetting the sector.
“By 2023, when we came on board, the electricity sector was characterised by chronic generation shortfalls, an unreliable gas supply, and transmission infrastructure so fragile that it could not evacuate available power. Distribution companies were burdened by massive losses and a metering deficit of over four million.
“Worst of all, the value chain was drowning in legacy debt. The result was a sector that generated less than the 13,500 Megawatts installed capacity, a sector that transmitted less than it generated, distributed less than it transmitted and collected revenue far below what it needed to sustain itself.
“The Presidential Power Sector Task Force is working hard to reduce the metering deficit. It has also been authorised to raise the N4 trillion bond to settle verified legacy debts.
“The Rural Electrification Agency, supported by the World Bank and the African Development Bank, has deployed off-grid and mini-grid power to underserved communities, universities, markets, and hospitals. Electricity is a democratic dividend we owe every Nigerian. We intend to deliver it” the President assured.
To the Nigerian youth, President Tinubu urged them to support the government in making the country habitable for all.
“Nigeria is your home and your future. Build here, code here, work here, and vote here. Every great nation was built by those who stayed to solve problems, not by those who abandoned it.
“Democracy must be felt in the quality of people’s lives, in opportunities for youth, in prosperous farmers, successful entrepreneurs, and the dignity of our workers. The Renewed Hope Agenda is about ensuring that all Nigerians benefit from governance.
“Every generation has a defining responsibility. The generation of our founding fathers secured independence—the generation of June 12 secured democracy. Our generation must secure prosperity” the President added.
