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2021: Full text of Buhari’s New Year speech
NEW YEAR SPEECH BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA
1ST JANUARY 2021
My fellow countrymen and women,
First, I would like to thank and praise the Almighty who saw us through the year 2020 and has given us the opportunity to witness the start of another new year. We especially thank God because the year 2020 was one of the most trying years since our existence as a nation.
- This can also be said about all other nations around the world, due to the challenges posed on our collective humanity by the novel COVID-19 pandemic.
- While acknowledging that 2020 was a very tough year, we saw this year put to test our national resilience and ability to survive these tough times and also gave renewed hope that we will again brave any storms that lay ahead in 2021 and beyond.
- As we celebrate the opportunity before us in this New Year 2021, we must also acknowledge the passing away of our brothers and sisters who didn’t make it into this New Year. May their souls rest in perfect peace.
- We must remember that we also celebrated the historic occasion of our sixty years as an independent and sovereign country on October 1st 2020. In the spirit of hope and gratitude, I would like to remind us again that as a country on the difficult journey to nationhood and greatness, we have confounded the many pundits at home and around the world who never gave the newly-born country that emerged unto the world stage on 1st October 1960 a chance of surviving much longer than a few years.
- Yet, here we are, 61 years by the next anniversary in October, and not only are we here, we are standing tall in the comity of nations as one country united under the will of God and also actively growing that indivisible Nigerian spirit that has enabled us, year after year, decade after decade, to weather all stormy waters and emerge stronger and better where others have fallen and disintegrated. This nation, this Nigeria will survive and thrive.
- In this journey to nationhood, we have experienced the highs and lows. 2020 indeed came with a lot of challenges ranging from security and economic issues across the regions to understandable protests that were mainly led by our youths and served notice to the demand for police reforms and accountability. This government heard, this government listened and this government is committed to fulfilling the five demands of our youths, fully understanding that we all wish well for Nigeria.
- In the midst of all these challenges, I had initially pledged that as your elected President and Commander-in-Chief, I would ensure that these ongoing challenges will be faced head-on with renewed determination and with all the appropriateness and urgency required. Your voices have been heard and we would continue to listen to you, and all the key stakeholders who are committed to the unity of Nigeria to ensure that every region of this nation is safe for us all, while guaranteeing that the future is also secure for the coming generation.
- I wish to also use this occasion of New Year to reaffirm my commitment to the people of Nigeria, especially the youth who need our collective encouragement and support. In securing this nation we need to secure the future of our youth.
- Our young people are our most valuable natural resource, at home and abroad. Their ingenuity, creativity, innovation and entrepreneurial spirit is evident to all. Many of our young people are excelling in various spheres of life including sports, entertainment, information and communication technology, commerce and are globally recognized as achievers.
- As a government we are committed to actively engaging with the creative energies of our young people. In this regard, we will partner with the legislature to develop an enabling environment to turn their passions into ideas that can be supported, groomed and scaled across regions. This will create vast opportunities in fintech, agriculture, business process startups and in the entertainment industry.
- The year 2021 will indeed be a year where we will work to reinforce the hopes of fellow Nigerians in the vision of a united and progressive Nigeria. This administration would continue focusing on delivering key strategic priorities under our “SEA” – (Security, Economy and Anti-Corruption) Agenda. Some of the key priority areas we would direct our attention and strengths to include:
ON THE SECURITY:
- Re-energizing and reorganizing the security apparatus and personnel of the armed forces and the police with a view to enhance their capacity to engage, push back and dismantle the operations of both internal and external extremist and criminal groups waging war against our communities in some parts of the country.
- In line with the current security challenges, we are facing as a nation, I would like to reiterate the promise I made recently when over 300 of our boys abducted from Government Science Secondary School, Kankara were successfully rescued by our security operatives.
- The professionalism shown by our Security Forces and the collaboration from all stakeholders across both State and Federal Governments that led to the successful rescue of the boys is proof that Nigeria has the internal capacity to decisively deal with terror attacks on our citizens.
- However, we recognize that we rapidly have to move to a more proactive and preemptive posture to ensure that these sorts of traumatic incidents do not become a norm. Our administration is fully aware of the responsibility we have to protect the lives and property of all Nigerians, and we will not relent in learning and adapting to changing threats to our national security and civic wellbeing.
ON THE ECONOMY:
- Our focus is on revamping the economy through the national economic diversification agenda that supports the primary goal of national food self-sufficiency. This has helped reduce the growing food related inflationary figures and have in considerable measure positively impacted our food security status during the long months of the pandemic lock down.
- We are also currently rebuilding our national infrastructure base and, in the process, introducing transformation through the rehabilitation, modernization, and expansion of the railway system, national roads and bridges both in rural and urban centres, alongside the airports and seaports.
- The reforms we have put in place in the power sector would guarantee increased efficiency in our drive to significantly expand the generation and distribution of electricity for use in homes and factories.
- As an administration we are currently undertaking a series of special interventions designed to boost job creation and support the entrepreneurial drive of our youths.
- With the recent opening of our borders, we expect that the pent-up demand of legitimate cross-border and international trade will boost the fortunes of the many small businesses and agricultural enterprises that depend on Nigeria’s trade and commerce.
- The message to our West African neighbours is that Nigeria is once again fully open for those willing to conduct business in a fair and equitable way.
ANTI-CORRUPTION:
- On the anti-corruption drive of our administration, we have recorded substantial gains so far and this year, we are committed to continuing along the path of eradicating corruption, through collaboration with all the arms of Government to effectively prosecute this fight.
- While we would be working with the Legislature to enact laws that would strengthen this fight, we would also be looking at reviewing some of our laws which would ensure that this fight is more effective. On the part of the executive, we would ensure the diligent and timely prosecution of corruption cases, while appealing to the judiciary to ensure that corruption cases are dispensed with expeditiously.
- The persistence of various forms of violence has meant that in the most affected parts of the country, the fabric of inter-communal harmony woven through years of investment of effort at building trust, mutual respect, and harmony has been threatened.
- Insecurity as a challenge has direct repercussions on our national economic stability, growth, and development, setting us back at critical points through the destruction of public and private investments.
- In parts of the country where chronic poverty, social exclusion, and disillusionment among sections of the youth were already a problem, the cycles of violence that have been unleashed by mindless groups like Boko Haram and others have thwarted the efforts of government to undertake the social policy and associated investments that could make a huge difference in the quality of life of our citizens.
- I am aware that for some of our compatriots, the progress we have registered since the inception of this administration is not nearly as fast or as sufficient as they would wish. I do not begrudge them their views in so far as they signify a wish, in which we all share, for only the very best for our country.
- Nevertheless, I call upon all Nigerians to carefully recall the circumstances of our coming to office, the facts on the ground and the resources at our disposal since 2015 with the accomplishments of this administration.
- As a people, we have shown admirable resilience in the face of every adversity, an unmatched capacity to recover speedily from every setback, an unparalleled generosity of spirit when we resolve our differences, and a constant readiness to invest faith and hope in the destiny we share as a united country built on the diversity of its peoples.
- It is these attributes that underpin the Nigerian spirit of “can do, will do” that gives me hope that we shall yet get to destination and fulfill our calling together, especially with the solid resolutions we are setting in this new year.
- Keeping our country on a forward march is a duty which we all have and share. In this regard, keeping our country safe from a resurgent cycle of COVID-19 as this administration finalizes its plans to procure and efficiently and effectively distribute the COVID-19 vaccines, I urge you all fellow citizens to observe strict COVID-19 prevention protocols.
- As your elected President, my pledge to you is the same as it has always been; I will play my part fully and without fear or favour. I invite all of us to do the same. It is what we owe to the founding generation of our beloved country and also to the coming generation. It is what we desire for national prosperity for all demands.
- Long Live the Nigerian spirit of oneness, togetherness, and unity. Long Live the Federal Republic of Nigeria. I wish you a Happy and prosperous New Year.
May God bless the Federal Republic of Nigeria.
News
Yayi’s emergence, defining moment for unity, equity, progress — Ogun West Professionals
Yayi’s emergence, defining moment for unity, equity, progress — Ogun West Professionals
The emergence of Senator Solomon Olamilekan Adeola as the consensus governorship candidate of the All Progressives Congress (APC) for the 2027 election has been described as a turning point for unity, equity and political stability in Ogun State, with stakeholders saying the move could reshape the dynamics of the race well ahead of the polls.
The Ogun West Professionals for Yayi (OGWPY), in a statement, said the consensus arrangement not only eliminates internal rivalry but also strengthens the APC’s chances of retaining power, positioning the party for early mobilisation and strategic coordination.
The group noted that the development reflects a deliberate effort to align political interests and avoid divisions that have historically weakened electoral outcomes.
According to the group, the decision—announced by Governor Dapo Abiodun—demonstrates “rare statesmanship and foresight,” while also acknowledging the broader leadership climate under President Bola Ahmed Tinubu, which it said has encouraged unity and discipline within the ruling party.
OGWPY also commended former governors Olusegun Osoba, Gbenga Daniel and Ibikunle Amosun for backing the consensus, describing their support as critical to building continuity and stability. It further praised aspirants such as Gboyega Nasir Isiaka and Abiodun Akinlade for stepping aside in the interest of party unity.
The statement highlighted growing endorsements from prominent figures, including Iyabo Obasanjo, Tunde Lemo and Kayode Amusan, noting that the convergence of political and technocratic support reinforces confidence in Adeola’s candidacy.
Beyond party politics, the group emphasised the historical significance of Adeola’s emergence for Ogun West Senatorial District, which has not produced a governor since the state’s creation more than five decades ago.
It described the development as a long-awaited restoration of equity and inclusion within the state’s power structure.
OGWPY also pointed to Adeola’s track record as Chairman of the Senate Committee on Appropriations, citing infrastructure projects, healthcare delivery and educational support initiatives across Ogun State as evidence of his capacity to lead.
It added that these achievements, coupled with the consensus backing, provide a credible pathway for accelerated development.
As preparations for the 2027 election gather momentum, political observers say the APC’s early consensus could prove decisive, transforming potential internal competition into a unified front and setting the stage for what may become a highly strategic and closely watched governorship race.
News
Nigeria Rejects Fresh IMF Loans Amid Push for Economic Reforms
Nigeria Rejects Fresh IMF Loans Amid Push for Economic Reforms
Nigeria has ruled out any immediate plans to seek loans from the International Monetary Fund (IMF) or other multilateral financial institutions, according to the Minister of Finance and Coordinating Minister of the Economy, Wale Edun.
Edun made the position known on Thursday during the Finance Ministers’ press briefing at the ongoing IMF–World Bank Spring Meetings in Washington, D.C., stressing that the country is not currently considering new external borrowing from the IMF.
“Nigeria has no plans at the moment to approach the IMF or any other institution to borrow funds,” he said.
He explained that the decision reflects both fiscal strategy and broader concerns about the cost of borrowing, particularly the high interest rates faced by African economies in global financial markets.
According to him, elevated debt servicing costs are placing significant pressure on government revenues, limiting the ability of many countries to invest in critical sectors such as health, education, and infrastructure.
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“At the elevated interest rates that African countries pay, the premium on commercial debt is out of reason and contributes to debt distress,” Edun said, noting that a large portion of national revenue in many developing economies is now directed toward debt repayment.
He added that reducing borrowing costs across Africa would require stronger economic reforms, improved debt-to-GDP ratios, and increased use of technology to enhance efficiency and revenue generation.
Edun also reiterated President Bola Tinubu’s call for a review of the high risk premiums charged on African borrowing, arguing that fairer global financing terms would improve development outcomes across the continent.
As part of broader regional financial planning, Nigeria is also pushing ahead with efforts to host the African Monetary Institute, a key step toward deeper monetary cooperation and financial integration in Africa ahead of its planned rollout in 2026.
On global financial support, the minister urged the IMF to accelerate the disbursement of proposed assistance packages, including a suggested $50 billion support programme for economies affected by global conflicts and economic shocks.
He noted that many vulnerable economies, particularly in Africa, stand to benefit from such funding but stressed the importance of timely and large-scale disbursement.
Edun also highlighted Nigeria’s ongoing domestic reforms, including the removal of fuel subsidies, which he said previously consumed as much as 5 percent of GDP, as part of efforts to strengthen fiscal sustainability and reduce dependence on external borrowing.
He maintained that the government’s focus remains on stabilising the economy through reforms that improve revenue generation, reduce inefficiencies, and attract private sector investment rather than relying on new IMF facilities.
Nigeria Rejects Fresh IMF Loans Amid Push for Economic Reforms
News
INEC Revises Osun Governorship Campaign Deadline
INEC Revises Osun Governorship Campaign Deadline
The Independent National Electoral Commission (INEC) has adjusted the campaign deadline for the Osun State governorship election, aligning it with the recently shifted election date.
INEC had earlier, on February 26, 2026, revised the electoral timetable and moved the Osun governorship election from August 8 to August 15, 2026, as part of broader scheduling adjustments ahead of the 2027 general elections.
In a statement issued on Thursday, INEC National Commissioner and Chairman of Information and Voter Education, Mohammed Haruna, confirmed that political campaigns will now end at midnight on Thursday, August 13, 2026.
He explained that the adjustment complies with Section 98(1) of the Electoral Act, which mandates that all political campaigns must cease 24 hours before election day.
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INEC emphasised that all political parties, candidates, and stakeholders must strictly adhere to the updated timeline to ensure a smooth and credible electoral process.
The commission also reiterated its commitment to delivering free, fair, credible, and inclusive elections, urging parties to conduct issue-based campaigns and avoid actions capable of inciting tension.
The Osun governorship election is a key off-cycle poll expected to test INEC’s preparedness and operational capacity ahead of the 2027 general elections, with multiple political parties already gearing up for what is anticipated to be a closely contested race.
The adjustment of the campaign deadline is part of INEC’s broader efforts to maintain compliance with electoral laws while ensuring adequate time for logistical preparations and stakeholder coordination.
INEC Revises Osun Governorship Campaign Deadline
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