By David Akinadewo-Adekahunsi
President Bola Tinubu on Monday declared that Nigeria would overcome terrorism and banditry, describing the security challenges confronting the country as unacceptable and alien to its core values.
Speaking at the opening of the Second National Economic Council (NEC) Conference at the State House Conference Centre, Abuja, the President assured Nigerians of his administration’s determination to strengthen security forces and restore peace across affected communities.
He said his government remained committed to delivering key security initiatives, including the rollout of mechanisation programmes across the country, stressing that insecurity had continued to keep leaders awake at night.
Tinubu noted that terrorism and banditry constituted major obstacles to economic growth and national stability, calling for collective efforts by all stakeholders to address the threats decisively.
The President commended governors of Borno, Katsina and Kaduna states, alongside others, for their efforts in combating insecurity and safeguarding citizens.
Addressing participants at the two-day conference themed “Delivering Inclusive Growth and Sustainable National Development: The Renewed Hope National Development Plan 2026–2030,” Tinubu described the gathering as a reflection of shared commitment to national progress and economic transformation.
He lauded the National Economic Council, chaired by Vice President Kashim Shettima, for sustaining a vital platform for policy coordination and strategic dialogue, describing it as a cornerstone of fiscal federalism and economic governance in the country.
The President said economic reforms implemented by his administration had helped stabilise the economy and rebuild investor confidence, adding that Nigeria’s monetary policy had gained international recognition.
He commended the Central Bank of Nigeria under Governor Yemi Cardoso for efforts aimed at restoring confidence in monetary policy and strengthening financial stability.
Tinubu disclosed that increased and more predictable federal allocations to state and local governments had enhanced their capacity to pay salaries, invest in infrastructure and deliver social services, while also highlighting ongoing investments in transportation, power, digital connectivity, housing and irrigation.
He also pointed to expanded social investment programmes targeting vulnerable households, youths, women and small businesses, as well as grassroots-focused initiatives under the Renewed Hope Agenda.
According to the President, the Renewed Hope National Development Plan 2026–2030 represents the next phase of Nigeria’s development trajectory, anchored on inclusive, resilient and environmentally sustainable growth.
He said the plan prioritises economic diversification, human capital development, subnational competitiveness, private sector-led growth and climate resilience, stressing that its success would depend largely on effective implementation at the state and local government levels.
Tinubu expressed confidence that deliberations at the conference would advance agricultural diversification, including dairy farming, livestock development and ranching, adding that collaboration, data-driven decision-making and innovative financing would be critical to achieving measurable outcomes.
