Here is the full text of President Muhammadu Buhari
independence anniversary. Read below…
I address you today, with a deep sense of gratitude to God and a high level of
appreciation to all Nigerians whose tremendous goodwill gave me the opportunity to
provide leadership for our great country at one of the trying times in her history.
- Conscious that today’s address would be my last on Independence Day as your
President; I speak to the millions of Nigerians, who believed in me, propelled and
stood by me in my quest to bequeath a country where all citizens have equal
opportunities to achieve their lives desires in a peaceful atmosphere.
- I am honored to say that my story in the annals of Nigeria’s history is no
household secret. My various attempts, failures, and eventual success in being
elected as a Democratic President in 2015 were made possible by the majority of
- When you elected me, I readily acknowledged that the tasks before me were
daunting but surmountable because of the growing national consensus that our
chosen route to national development was democracy.
- This democracy was to be anchored on a clear understanding, application, and the
principles of separation of powers supported by a reformed public service that is
- I then pledged to Improve the Economy, Tackle Corruption, and Fight Insecurity
and this was further strengthened by my commitment to lift 100 million Nigerians
out of poverty in ten years as the central plank of my second term in 2019.
- To the Glory of God and His Grace as well as the commitment and passion
displayed by many Nigerian supporters, we have made appreciable progress in these
areas but are not yet at our destination.
- Mindful of the task before us, we took some time in settling down and we re-
positioned the Economy by providing strategic interventions in core areas at both the
Federal and Sub-National levels.
- One of the areas where we have made significant progress is in the eradication of
deeply entrenched corruption that permeates all facets of our national development.
- We strengthened the Institutions for tackling corruption and also cultivated
international support, which aided the repatriation of huge sums of money illegally
kept outside the country.
- The increasing number of prosecutions and convictions, with associated refunds
of large sums of money is still ongoing. Furthermore, we would continue to block
opportunities that encourage corrupt practices.
- In order to address Insecurity, we worked methodically in reducing Insurgency in
the North East, Militancy in the Niger Delta, and Ethnic and Religious Tensions in
some sections of Nigeria along with other problems threatening our country.
- Our efforts in re-setting the economy manifested in Nigeria exiting two economic
recessions by the very practical and realistic monetary and fiscal measures to ensure
effective public financial management. In addition, the effective implementation of
the Treasury Single Account and cutting down on the cost of governance also
facilitated early exits from recessions.
- Fellow Nigerians, this administration removed several decades of uncertainty for
potential Investors in the Oil & Gas sector with the passage of the Petroleum
Industry Act, 2021. This landmark legislation created opportunities for foreign
investments in addition to improving transparency in the management of the sector.
- Our administration has given the desired priority to the Agricultural Sector
through a series of incentives to Micro, Small and Medium Scale Enterprises that
resulted in creating millions of jobs. Leading this initiative, the Central Bank of
Nigeria’s intervention in a number of areas as well as the Anchor Borrowers
Programme had created the required leverages for Nigerians towards self-sufficiency
in food and the necessary attraction for farming as a business.
- The growing contribution of non-oil exports, especially in agriculture,
information and communication technology as well as the performing arts to our
national economy will enhance our foreign exchange earning capacity.
17. We are confronting current economic challenges such as debt burden, growing
inflation, living standards, and increasing unemployment accentuated by our growing
youthful population. These problems are globally induced and we would continue to
ensure that their negative effects are addressed in our policies.
- This administration will continue to ensure that our fiscal policies are supported
by a robust and contemporary monetary policy that recognizes our peculiarities in
the midst of the growing global economic difficulties.
- This is evidenced by the recent Monetary Policy Committee decision to maintain
all parameters, especially interest rates and marginally increased the Monetary
Policy Rate (MPR) from 14% to 15.5% and the Cash Reserve Ratio (CRR) from 27.5%
to 32.5%. It is projected that this would further insulate our economy from over
exposure to uncertainties at the international market by restraining growth in core
- As we continue to de-escalate the security challenges that confronted us at
inception of this administration, newer forms alien to our country began to manifest
especially in the areas of kidnappings, molestations/killings of innocent citizens,
banditry, all of which are being addressed by our security forces.
- I share the pains Nigerians are going through and I assure you that your resilience
and patience would not be in vain as this administration continues to reposition as
well as strengthen the security agencies to enable them to deal with all forms of
- At the inception of this administration in 2015, I provided the funding
requirements of the security agencies which was also improved in my second tenure
in 2019 to enable them to surmount security challenges. We will continue on this
path until our efforts yield the desired results.
- As we put in place all measures to ensure that Nigeria takes her place in the
Comity of Nations, we recognize the importance of a well-educated populace as a
panacea to most of the challenges we face.
- We have, therefore, pursued policies and implemented programmes designed to
create a literate and proficient society that ensures that citizens are availed with
opportunities for life-long achievements.
- I must confess that I am very pained by the recurring disruption to our tertiary
education system and I am using this Independence Day celebration to re-iterate my
call for the striking Academic Staff Union of Universities (ASUU) to return to the
classroom while assuring them to deal with their contending issues within the limits
of the scarce resources available. This administration has made appreciable progress
in redressing these issues that have been lingering for over eleven years.
- The Federal Government will continue to mobilize resources both internationally
and nationally towards funding education to ensure that our citizens are well
educated and skilled in various vocations in view of the fact that education is a
leading determinant of economic growth and employment generation.
- Fellow Nigerians, we have also improved our health facilities, especially during
and after the outbreak of the COVID-19 pandemic, which attracted commendation of
the global community.
- As you are aware, Nigeria was one of the countries that defied global predictions
of the socio-economic impacts of the COVID-19 pandemic because of our resilience,
commitment and passion with which we individually and collectively managed the
- This administration embarked on addressing critical ecological challenges across
the country in order to mitigate the impact of Climate Change manifesting in the
form of flood, soil erosion, desertification, air pollution amongst others
- We will continue to ensure that our infrastructure drive remains the key to
Nigeria’s economic growth and for which every Nigerian will feel the impact.
- The Federal Government is already expanding ports operations to ensure that
they provide opportunities for the growth of the Nigerian economy.
- We have also continued to accelerate our infrastructure development through
serviceable and transparent borrowing, improved capital inflow & increased revenue
generation by expanding the tax bases and prudent management of investment
proceeds in the Sovereign Wealth Fund.
- To further open up our communities to economic activities, we have continued to
boost our railway infrastructure with the completion of a good number of critical
railways and at the same time rehabilitating as well as upgrading obsolete
34. I am pleased to inform my fellow citizens that besides our emphasis on
infrastructural development with its attendant opportunities for job creation,
employment generation and subsequent poverty reduction, our focused intervention
directly to Nigerians through the National Social Investment Programme is also
- There is hardly any ward, village, or local government in Nigeria today that has
not benefited from one of the following: N-Power, trader-moni, market moni,
subsidized loans, business grants, or Conditional Cash Transfers.
- All the aforementioned programs along with various interventions by the
National Social Investment program, direct support to victims of flooding and
other forms of disasters have provided succor to the affected Nigerians.
- Fellow Nigerians, no matter what gains we make, without a good governance
system anchored on electing credible leaders on the basis of free, fair, credible and
transparent elections, our efforts would not be enough.
- It is for this reason that I have resolved to bequeath a sustainable democratic
culture which will remain lasting. The signing of the Electoral Act 2021 as amended
with landmark provisions further assures us of a more transparent and inclusive
- Having witnessed at close quarters, the pains, anguish and disappointment of
being a victim of an unfair electoral process, the pursuit of an electoral system and
processes that guarantee the election of leaders by citizens remain the guiding light
as I prepare to wind down our administration.
- You would all agree that the recent elections in the past two years in some states
(notably Anambra, Ekiti, and Osun) and a few federal constituencies have shown a
high degree of credibility, transparency, and freedom of choice with the people’s
votes actually counting. This I promise would be improved upon as we move towards
the 2023 General Elections.
- As we begin the transition process to another democratically elected government,
I want to implore all aspirants to conduct issues-based campaigns devoid of hate
speeches as well as other negative and divisive tendencies.
- I also want to express my wish that we see more female and youth participation in
the forthcoming electoral cycle. I am sure that our teeming and energetic youths now
realize that violence generally mar elections and so should desist from being used by
politicians for this purpose.
- Reforms in the public sector are already yielding results, especially in the delivery
of services. On this note, I urge the general public to demand for citizen-centred
services from the relevant authorities.
- On the international front, we have continued to take advantage of our bilateral
and multilateral platforms to explore cooperation with friendly countries and
partners whenever these areas of cooperation are to the advantage of Nigeria.
- Fellow Nigerians, in the past few years we have witnessed and overcome a good
number of challenges that would ordinarily have destroyed our Nation. However, the
indefatigable spirit of the Nigerian people has ensured that we overcome our
- It is in this spirit that I call on all of us to individually and collectively bring to the
fore in dealing with all our development issues.
- I was called to serve, along with my team, I saw an opportunity to create a better
Nigeria which we have done with the support of Nigerians. Almighty God and the
good people of Nigeria supported us in laying a solid foundation for the Nigeria of
I thank you all and God bless the Federal Republic of Nigeria.