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Tinubu says insecurity is stalling Nigeria’s economic growth
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President pledges to strengthen security forces nationwide
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Links security push to Renewed Hope development agenda
President Bola Tinubu has assured Nigerians that his administration will overcome terrorism and banditry, describing insecurity as a major obstacle to economic growth and national development.
The president gave the assurance on Monday while speaking at the second edition of the National Economic Council (NEC) conference.
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Tinubu said the persistence of insecurity continues to affect Nigerians and undermine economic progress, stressing the need for urgent and decisive action.
“I believe we are here again to further find means to strengthen our security forces, to defeat terrorism and combat banditry,” the president said.
He noted that insecurity has remained a source of concern for citizens across the country, adding that his administration remains determined to confront the challenge.
“That is what affects all of us, causing sleepless nights, but I assure you that we will win with determination and resilience,” Tinubu stated.
The president described terrorism and banditry as alien to Nigeria’s values and culture, insisting that they must be eliminated.
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“We will overcome this unacceptable terrorism and banditry; it is not part of our culture,” he said.
Tinubu warned that failure to urgently tackle insecurity would continue to hinder economic development and investment.
“It is an economic hindrance if we do not find immediate solutions to it,” he added.
He commended the governors of Borno and Kaduna states, among others, for their efforts in addressing security challenges within their states.
The president said the federal government would continue to collaborate with state governments to restore peace, protect lives and safeguard property.
According to Tinubu, strengthening security remains central to achieving inclusive growth and the objectives of the Renewed Hope National Development Plan.
He also praised the National Economic Council, chaired by Vice-President Kashim Shettima, for sustaining policy coordination and strategic dialogue among the federal and state governments.
Tinubu said economic reforms introduced by his administration had contributed to stabilising the economy and restoring investor confidence.
He commended the Central Bank of Nigeria, under Governor Yemi Cardoso, for rebuilding confidence in Nigeria’s monetary policy framework.
The president noted that state and local governments now receive increased and more predictable federal allocations, enabling them to pay salaries, invest in infrastructure and deliver social services.
Tinubu said his administration has prioritised infrastructure development in transportation, power, digital connectivity, housing and irrigation.
He added that social investment and human capital programmes targeting vulnerable households, youths, women and small businesses have been expanded under the Renewed Hope agenda.
The president said the Renewed Hope National Development Plan 2026–2030 represents the next phase of Nigeria’s development journey, anchored on inclusive, resilient and environmentally sustainable growth.