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FULL TEXT: Buhari’s Last New Year Message to Nigerians as President

Published

4 years ago

January 1, 2023

President Muhammadu Buhari

President Muhammadu Buhari, addressing Nigerians in his last new year speech as president, has urged Nigerians to continue to uphold the tenets of democracy.

In a media address shared and signed by Femi Adeshina, Special Adviser to the President on Media and Publicity, Buhari stated that his personal commitment as his administration neared its end would be to ensure that the desire of Nigerians were fulfilled.

Full Text:

My Fellow Countrymen and Women. I wish all of you a very happy and prosperous New Year.

1. First, I would like to thank and honour the Almighty who saw us through the year 2022 and has given us the opportunity to see another year. Each New Year is an opportunity to reflect on the past year, reposition, and move forward with the New.

2. As we celebrate the opportunity to be alive in this year 2023, 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.

3. This year is particularly important to me because this message is in essence valedictory. After having the honour of serving you, my compatriots, for the last seven plus years, my tenure as your President in the most revered tradition of our ongoing and maturing democracy must necessarily come to an end. In the next five months we would have gone to the polls and elected a new president along with new governors and a host of other elected officials at both the national and state levels.

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4. These democratic principles are working in concert because of the belief, beyond partisan politics, of you the great citizens of Nigeria. In addition is my personal commitment and executive promise to see to the letter that the 2023 elections being diligently conducted by INEC will be free and fair. The collective electoral will and votes of Nigerians will be fulfilled, even in the twilight moments of my watch.

5. Reflecting on year 2022 allows us as a government to examine our legacies of successes and challenges. As we celebrate our wins and review obstacles, we all must understand that governance is a continuum, which still places a transitional responsibility on this administration to provide for the incoming government a non-partisan and objective roadmap for 2023. We as Nigeria; one country united under the will of God and actively growing as an indivisible entity, have been enabled year after year, decade after decade, to weather all stormy waters and emerge stronger and better where others have fallen and disintegrated. This has made us a unique nation across the globe and our continent.

6. In the year 2023, Nigerians go to the polls to exercise our right to vote and elect a new Administration; it is an important year for our country to ensure that we have another smooth transition of government, to whoever the people have decided upon. This administration’s landmark Amended Electoral Act will ensure that we have free and fair elections across the nation. We as Nigerians must also take responsibility to ensure we participate in ensuring that the 2023 elections are free and fair by not engaging in anti-state activities and other nefarious acts that may affect the run of the polls. We must also resist every attempt to be used by politicians to create unrest in any form to disrupt the elections. We, as government will ensure such activities are met with the full force of the law.

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7. As our security agencies continue to make the country proud, we must continue to assist our patriotic forces by providing the much needed community intelligence. It is our collective responsibility to ensure that Nigeria remains safe and peaceful for us all. Therefore, we have a duty and obligation to support our troops and intelligence agencies by being alert and reporting anything suspicious. The fight against insurgency in the North-East region has continually recorded very clear wins in the past year. The Federal Government, and the Borno State government, have started the journey of returning internally displaced persons to their ancestral homes earlier taken by the insurgents. Also, over 82,000 insurgents with their families have surrendered to the Nigerian military. A number of surrendered insurgents are currently being processed by the rehabilitation (Operation Safe Corridor) programme. The fight against banditry, kidnapping and other crimes in the North-West and other regions is gaining momentum and showing very clear results. One of which is the resumption of Train Service along the Kaduna to Abuja corridor.

8. In the aftermath of the #EndSARS, our administration took heed and instituted the ongoing Police Reform programme based on a new Presidential Vision for Policing in Nigeria. This new vision is framed in a clear road map that transcends the tenure of this administration and it is predicated on six principles: a) Building Trust and Legitimacy b) Leadership, Accountability and Oversight c)Technology and digital media d) Community Policing and Crime Reduction e) Officers Training and Education f) Funding, Officers’ Welfare, Wellness and Safety.

9. This reform programme is very much in its foundational phase but has recorded noteworthy successes in improving police welfare and their emoluments. Other gains have been the ongoing training of 500 police cadet trainers to enable a better training regimen for the 2022 first batch of the 10,000 new cadets with an additional 10,000 set for 2023. In support of these reforms has been the provisioning of new material for the Nigeria Police to steadily improve on its constitutional responsibility to enforce law and order, protect lives and property as well as street level peace and security. This reform programme is very much in its foundational phase but has recorded noteworthy successes in improving police welfare and their emoluments. Other gains have been the ongoing training of 500 police cadet trainers to enable a better training regimen for the 2022 first batch of the 10,000 new cadets with an additional 10,000 set for 2023. In support of these reforms has been the provisioning of new material for the Nigeria Police to steadily improve on its constitutional responsibility to enforce law and order, protect lives and property as well as street level peace and security.

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10. Despite the ongoing global economic crisis, we have been able to weather the storms. Inflation across the globe is at its highest, the Federal Government has been resolute through its economic interventions to remain above water during this period. 2022 brought a combined impact from ongoing wars and aftereffects of COVID-19. Though creating its own fiscal challenges, we have continued to subsidise our energy costs to buffer households from inflationary pressure of high energy costs. In 2023, we are focused on building on our Gross Domestic Product and sustain the huge surge in the non-oil GDP growth.

11. The Nigerian Start up Bill has been passed as an Act. This is considered a huge step in lowering our unemployment figures by boosting job creation and supporting the entrepreneurial drive of our youths. If you recall in my 2021 New Year speech, I had mentioned the need to secure the future of our youth recognizing that our young people are our most valuable natural resource, at home and abroad. In this regard, we worked with the legislature to develop an enabling law to turn their passions into ideas that can be supported, groomed and scaled across regions. 2023 will see the implementation of the Nigerian Start Up Act nationwide.

12. The year 2023 would, indeed, be a time when we would work to solidify 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:

a. Focus on SECURITY; we will continue to engage, push back and dismantle the operations of both internal and external extremist and criminal groups waging war against our communities across the Nation. We will also focus on ensuring that free and fair elections would be held come February 2023. Our security forces are working in partnership to ensure the wins we have got in war against insurgency, banditry, secession and other crimes are sustained and more wins acquired.

b. For the ECONOMY; our focus would be on maintaining and building economic growth through the national economic diversification agenda that supports the goal of national food self-sufficiency and growth in non-oil sources. The ongoing infrastructure revolution by our administration will see us deliver the key projects across the Nation in power, rail, roads, ports and technology.

c. ANTI-CORRUPTION: On the anti-corruption drive of our administration, we have created new records in this fight, growing from 117 convictions in 2017 to 3,615 convictions as at December 2022. We as a government are committed to ridding our nation of all forms of corruption, through the collaboration with all the arms of Government to effectively prosecute this fight.

13. As we welcome the New Year, let us look with hope to 2023, a year to move forward as a nation towards unity, progress and prosperity. I offer my own personal felicitations, mindful of the various opinions and interpretations of our executive legacies. I welcome and accept both the accolades and criticisms in equal measure secure in the conviction that I did my best to serve our dear country Nigeria and I pray that the next President will also pick up the baton and continue the race to make Nigeria one of the leading countries of the world by the end of this century.

14. Long Live the Nigerian spirit of oneness, togetherness, and unity. Long Live the Federal Republic of Nigeria. A happy and prosperous New Year.

God bless you.

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US to Withdraw 200 Troops from Nigeria as Counterterrorism Mission Winds Down

Published

1 day ago

August 28, 2026

Trends Admin

US to Withdraw 200 Troops from Nigeria as Counterterrorism Mission Winds Down

The United States is preparing to withdraw approximately 200 troops deployed to Nigeria earlier this year to support the fight against Islamist militants, as its counterterrorism mission in the country winds down. The withdrawal is expected to be completed by late September, according to a report by The New York Times citing US military officials. However, the departure of the larger contingent will not end US security cooperation with Nigeria, as smaller teams of military trainers and intelligence analysts are expected to remain in the country.

The US troops were deployed to northeastern Nigeria in February following an agreement between Washington and Abuja to strengthen cooperation against terrorist groups. The deployment followed US airstrikes in Nigeria’s Sokoto State in late December 2025, which President Donald Trump described as “powerful and deadly” strikes against Islamic State targets. Nigerian officials confirmed at the time that the country had provided intelligence for those strikes as part of ongoing security collaboration with the US. According to a US official who spoke to Reuters in February, approximately 200 American soldiers were sent to train Nigerian forces combating extremist groups, augmenting a smaller number of US personnel already on the ground. The deployment came amid pressure from Washington on Nigeria to act against militants in the country’s northwest, following Trump’s criticism that Nigeria had failed to protect Christians from attacks. The focus of the mission was on intelligence support, training, and counterterrorism operations, rather than establishing a permanent US combat presence in Nigeria.

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US and Nigerian officials have described the relatively small deployment as highly effective, particularly in improving intelligence sharing and supporting operations against Islamic State militants. The mission culminated in May with a major operational success. On May 15, US and Nigerian forces carried out a joint operation that killed Abu Bilal al-Minuki, described by US officials as the “global number two” leader of the Islamic State. Nigerian President Bola Tinubu confirmed the operation, stating that joint forces had struck al-Minuki’s residence in the Lake Chad Basin, killing the wanted militant and several of his deputies. Trump praised the mission as “carefully planned and extremely complex,” adding that the US had informants tracking al-Minuki’s movements. Following al-Minuki’s death, on May 17, Nigerian and US forces conducted multiple airstrikes in northeastern Borno State, killing more than 20 Islamic State militants who had been observed gathering and moving in the area. The US Africa Command stated that no American or Nigerian personnel were injured in those strikes, and that the operations had weakened the group’s ability to threaten US and allied security. US officials have described the Nigeria deployment as a potential model for future American security operations in Africa, based on a smaller and temporary military footprint focused on specific objectives. The operation against al-Minuki significantly weakened the group’s leadership in Nigeria and beyond, according to military assessments.

Despite the reported gains, terrorist attacks and other forms of insecurity have continued across Nigeria. Recent weeks have seen deadly assaults by gunmen in multiple parts of the country, as well as attacks on military installations in the northeast. The wider security situation encompasses a complex mix of threats, including attacks by Boko Haram and Islamic State West Africa Province, banditry, kidnappings, communal violence, and other armed conflicts. Nigeria has repeatedly maintained that the country’s insecurity is complex and cannot be attributed to a single cause. While the US withdrawal is underway, military cooperation between Washington and Abuja is expected to continue through intelligence sharing and training provided by the smaller US teams that remain in Nigeria.

US to Withdraw 200 Troops from Nigeria as Counterterrorism Mission Winds Down

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This Is Not Christian Genocide – NSCIA, Says Borgu Attacks Show Nigeria Bleeds from All Sides

Published

2 days ago

August 28, 2026

Trends Admin

This Is Not Christian Genocide – NSCIA, Says Borgu Attacks Show Nigeria Bleeds from All Sides

Nigeria’s top Islamic body says the attack on Muslim worshippers counters claims of Christian genocide, urging a collective national response to terrorism.

The Nigerian Supreme Council for Islamic Affairs (NSCIA) has condemned in the strongest terms the terrorist attacks on four communities in Borgu Local Government Area of Niger State, where worshippers observing Jumu’at prayers were killed, injured, and abducted. The Islamic body also used the incident to challenge narratives that frame Nigeria’s security crisis as a genocide against Christians, arguing that the savagery against Muslims demonstrates the need for a unified national response.

The attacks, which occurred on Friday, August 21, 2026, affected Gbeji (Gidan-Zana), Kpenya, Giyan Gbasu and Dekara communities. In a statement issued on Wednesday and signed by its Public Affairs Officer, Abbas Jimoh, the NSCIA described the attacks as “heinous and barbaric.” The Council, under the leadership of its President-General and Sultan of Sokoto, Alhaji Muhammad Sa’ad Abubakar, expressed deep distress that terrorists invaded the communities, unleashing violence and terror on defenceless residents.

The attack on Dekara was particularly disturbing, as assailants reportedly entered the Central Mosque while Muslims were observing Jumu’at prayers and abducted more than 60 people. According to the NSCIA, about 30 people were reportedly killed, while several others sustained injuries, some of them said to be life-threatening. Residents confirmed that terrorists simultaneously invaded Juma’at mosques in Dekara, Kpenya, Gbezhin and Sabon-Gida, whisking away dozens of worshippers. The Council added that dozens of victims were still being held captive, with the terrorists later releasing a video showcasing the captives and calling on survivors to identify their loved ones.

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The NSCIA considers the deliberate invasion of a mosque during Jumu’at prayers and the abduction of worshippers a heinous assault not only on innocent Nigerians but also a grievous attack on the sanctity of worship and the fundamental right of citizens to practise their faith without fear. The council argued that the incident showed the complexity of insecurity in the country and challenged narratives that portray the violence as being exclusively targeted at Christians. “This horrendous savagery against innocent Muslims observing the Jumu’ah prayer also points to the factual error that the insecurity in parts of the country is genocidal against Christians, which would hinder the much needed collective efforts to tackle the scourge,” the NSCIA declared.

The council questioned the ability of security agencies to prevent terrorists from repeatedly targeting vulnerable settlements, asking: “For how long will innocent Muslims in particular and Nigerians in general continue to be abducted and slaughtered in their communities while terrorists operate with such audacity?” According to the council, the latest attack was reportedly the third major attack on Dekara and neighbouring communities in recent times, with previous attacks forcing residents to abandon their ancestral homes and seek refuge in other communities in Niger and Kwara states and even across the border in the Republic of Benin.

The NSCIA also expressed concern that the latest incident occurred barely three weeks after security forces reportedly rescued 308 abducted persons from the Kainji Lake National Park forest. On August 5, 2026, Nigerian security forces rescued 163 persons abducted from Woro in Kaiama Local Government Area of Kwara State and 145 persons from communities in Borgu Local Government Area of Niger State, including Kasuwan Daji, Konkonso and Pissa. The council said the rescue operation demonstrated what security forces could achieve when adequate resources, intelligence, coordination and political will were available. However, the renewed attacks raise deeply troubling questions about the reversal and sustainability of the gains made.

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The NSCIA consequently urged the Federal Government to move beyond what it described as episodic rescue operations and develop a permanent, intelligence-driven and community-centred security architecture. It called for an immediate review of security arrangements in Niger and Kwara states, particularly communities around the Kainji Lake National Park and forest corridors allegedly being used by terrorists. The Council noted that Niger State Governor Umaru Mohammed Bago had previously admitted that terrorists had taken over the Kainji National Park, from where they launch incessant attacks on communities within the Borgu kingdom. The NSCIA also demanded the immediate mobilisation of all available resources to locate and rescue every person still held captive following the August 21 attack, stressing that the rescue of these victims must be treated as an urgent national priority.

The council further urged security agencies to intensify aerial surveillance, intelligence gathering, early-warning systems and coordinated ground operations, insisting that forests and other difficult terrains being used as sanctuaries by terrorists must no longer be treated as inaccessible spaces. It called on state governments, traditional rulers, religious leaders and local communities to strengthen cooperation with security agencies and protect residents who provide actionable intelligence. The Council also advocated the proper regulation and integration of community vigilante structures operating within the law into broader early-warning and community-protection mechanisms.

Furthermore, the NSCIA called on President Bola Ahmed Tinubu, the National Security Council, the Ministry of Defence, the Ministry of Interior and other relevant security agencies to treat the Borgu attacks as a national emergency requiring coordinated intervention. President Tinubu has already directed the Armed Forces, the Nigeria Police Force, the Department of State Services, and all relevant security and intelligence agencies to launch a coordinated rescue operation for the victims still in captivity, stating that “those who carried out this cowardly attack on defenceless Nigerians are enemies of peace and enemies of humanity, who will not go scot-free.” The Inspector General of Police has deployed a senior officer to coordinate the rescue efforts in collaboration with other security agencies.

Survivors of the attack are reportedly battling life-threatening injuries, with some having been brutally slaughtered rather than shot. The NSCIA extended condolences to families of those killed, prayed for the recovery of the injured and expressed solidarity with families whose loved ones remain in captivity. “We also stand in solidarity with the families whose loved ones remain in captivity and urge them not to lose hope,” it said. “Nigerians have every right to demand security, justice and accountability from those entrusted with protecting them.” The council also urged Muslims in Niger State and across the country to remain steadfast in their faith: “Let us be resolute and not be subdued by terror.”

“This Is Not Christian Genocide”: NSCIA Says Borgu Attacks Show Nigeria Bleeds from All Sides

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Nigeria’s External Reserves Hit $53.11bn, Nearing 17-Year Record High

Published

2 days ago

August 28, 2026

Trends Admin

Nigeria’s External Reserves Hit $53.11bn, Nearing 17-Year Record High

Nigeria’s foreign reserves climb to $53.11 billion, the highest in 17 years, as CBN reforms and oil earnings boost dollar inflows.

Nigeria’s external reserves have surged to $53.11 billion as of August 24, 2026, marking the highest level in more than 17 years and bringing the country within touching distance of its all-time record. Data from the Central Bank of Nigeria (CBN) shows that the reserves are now just $142 million short of the historic peak of $53.25 billion recorded on January 12, 2009. This milestone represents a significant recovery in the country’s external liquidity position and reflects the impact of recent policy reforms.

The reserve accumulation has gathered significant momentum since mid-2026, with the CBN data revealing a consistent upward trend. On June 3, 2026, reserves stood at $49.96 billion, but by July 3, they had increased to $51.53 billion. The reserves crossed the $52 billion mark on July 27 and climbed further to $52.86 billion by August 21, before reaching $53.11 billion on August 24. This represents a gain of approximately **$3.15 billion** between June 3 and August 24, underscoring the acceleration in dollar inflows over the past three months.

The sustained buildup in reserves has been supported by several factors, beginning with stronger oil earnings. Higher crude oil prices have boosted Nigeria’s primary source of foreign exchange, and the country’s oil export earnings have benefited from favourable market conditions, providing additional dollar liquidity. However, experts caution that this dependence on oil revenues remains a potential vulnerability if prices decline. In addition to oil earnings, the CBN‘s policy reforms have played a crucial role. Under Governor Olayemi Cardoso, the Central Bank has implemented a series of reforms over the past 34 months that have helped restore investor confidence and attract capital inflows. These include the unification and increased transparency of the foreign exchange market, banking sector recapitalisation to strengthen the resilience and competitiveness of Nigerian banks, the launch of the non-resident Bank Verification Number (BVN) to connect Nigerians abroad with local banking services, the deployment of the B-Match system for foreign exchange trading, and the introduction of a 75 per cent Cash Reserve Ratio on non-Treasury Single Account public sector deposits to enhance liquidity management and curb inflationary risks. Speaking at a recent CBN Fair, Cardoso noted that the reforms have led to measurable results, including a narrowing of the gap between the official and Bureau de Change rates to below two per cent. Furthermore, the reforms have renewed investor confidence, attracting foreign portfolio inflows into the economy, and while much of these inflows have been into short-term instruments like Treasury bills, they have nonetheless provided support for the reserves by increasing dollar liquidity in the foreign exchange market.

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A stronger reserve position has several implications for the Nigerian economy, starting with an enhanced external buffer. At $53.11 billion, Nigeria’s reserves provide a larger cushion against external shocks and support the country’s capacity to meet its foreign obligations, which is particularly important for managing periods of heightened dollar demand and stabilising the currency. The current reserve level also offers more than **11 months of import cover**, substantially exceeding the international benchmark of three months, providing greater confidence in the country’s ability to finance essential imports. Additionally, the reserve buildup has coincided with relative stability in the foreign exchange market; the naira closed at **N1,343.59 to the dollar** on August 26, 2026, with foreign exchange market turnover at about **$235.99 million**. The reserve accretion also reflects improved macroeconomic management and supports the CBN’s broader objectives of containing inflation and promoting price stability, with headline inflation easing from 15.93 per cent in May to 15.91 per cent in June 2026 and further moderation expected.

While the reserve milestone is cause for optimism, analysts stress the importance of ensuring that the accumulation is sustainable, with the key test being whether the buildup is driven by stable and diversified sources of foreign exchange rather than temporary factors. Dr Jerry Igwilo, Chief Executive Officer of Nisela Capital Limited, noted that while higher crude oil prices have supported dollar earnings, the durability of the reserve accumulation would remain tied to oil revenues, capital inflows, and broader foreign exchange market conditions. Similarly, EBC Financial Group has warned that Nigeria’s reserves remain vulnerable to volatile portfolio inflows and the country’s continued dependence on oil, noting that much of the increase recorded recently has been driven by cyclical factors that could reverse if market conditions deteriorate. Analysts and experts have highlighted several factors that will be critical for sustaining the reserve buildup, including strengthening non-oil exports to diversify foreign exchange sources, attracting more foreign direct investment rather than just portfolio inflows, maintaining investor confidence in the naira and broader macroeconomic environment, implementing policies that support long-term economic growth and diversification, and ensuring consistent access to foreign exchange at market rates.

The $53.11 billion reserve position places Nigeria within touching distance of its 2009 peak, marking a significant strengthening of the country’s external liquidity position. For businesses, stronger reserves and improved FX liquidity could provide greater confidence around dollar availability, particularly for companies that depend on imported raw materials, machinery, and other inputs. For investors, a stronger external reserve position can help reduce concerns around currency liquidity and improve confidence in the naira and broader macroeconomic environment. However, as the CBN and policymakers look ahead, the focus must remain on ensuring that the reserve accumulation is supported by sustainable dollar inflows rather than temporary factors, and on implementing policies that promote long-term economic resilience and diversification.