President Bola Tinubu has vowed to eradicate terrorism and banditry in Nigeria, calling the security crises “unacceptable” and “foreign” to the nation’s character. Speaking at the opening of the Second National Economic Council (NEC) Conference in Abuja, he pledged to strengthen security forces and restore peace to affected communities, acknowledging that insecurity keeps national leaders “sleepless at night.”
The NEC, a key forum for federal and state fiscal coordination chaired by Vice President Kashim Shettima, is convening to discuss the “Renewed Hope National Development Plan 2026–2030.” Tinubu emphasized that insecurity is a major obstacle to economic growth, urging collective action for an immediate and lasting solution. He commended state governors, including those from Borno, Katsina, and Kaduna, for their sacrifices in national defence.
Addressing economic progress, Tinubu highlighted recent reforms that have stabilised the economy and boosted investor confidence. He credited monetary policy changes under Central Bank Governor Yemi Cardoso with restoring faith in Nigeria’s financial system. The administration’s policies now ensure increased and more predictable federal allocations to state and local governments, enhancing their capacity for infrastructure projects and social services.
Infrastructure development in transportation, power, digital connectivity, housing, and irrigation remains a priority, alongside expanded social investment programmes for vulnerable groups, youth, women, and small businesses under the Renewed Hope Agenda. The Renewed Hope Ward Development Project was cited as an example of bottom-up, inclusive development.
The 2026–2030 National Development Plan, Tinubu explained, focuses on economic diversification, productivity, human capital, subnational competitiveness, private sector-led growth, and climate resilience. He stressed that effective implementation at state and local levels is critical, making the NEC central to aligning national priorities with regional needs.
The President urged conference participants to move from discussion to implementation, advocating for data-driven decisions, peer learning among states, and innovative financing. He expressed optimism that the conference’s outcomes would advance agricultural diversification, including dairy farming, livestock investment, and ranching.
The two-day gathering includes governors, ministers, lawmakers, development partners, and private sector leaders, reflecting a shared commitment to national progress. Tinubu reaffirmed that collaboration across all levels of government and sectors is essential for achieving sustainable, inclusive growth and overcoming Nigeria’s security challenges.