President Bola Tinubu says Nigeria has met its revenue target for the year 2025, and no longer rely on borrowing to finance government operations.
The President made this known on Tuesday during a meeting with the Buhari Organisation and members of the Defunct Congress for Progressive Change, CPC, at the Council Chambers of the State House, Abuja.
President Tinubu highlighted that the Nigerian economy is now stabilised with more predictable FX and concentration on boosting of export and import as well as creation of jobs for the citizens
He said; “First of all we are fixing the economy. Bringing hope to the people. That is what we are looking for.
“Thank you for believing in me. The economy is stabilised; nobody is trading piece of paper for exchange rate anymore. When I took over it was N1900 to a dollar. It’s N1,450 now. Rates has been stabilising now, you don’t have to know a CBN governor to…all you have to do is export and import and create jobs for the people. What we need now is building the ship.
Recent reports revealed the non-oil tax revenue for the first seven months of 2025 at 13.07trillion, representing a substantial increase and highlighting the government’s focus on revenue diversification.”
Mechanised agriculture
President Tinubu further announced that he has signed a mechanisation programme to advance mechanised agriculture, underscoring his administration’s unwavering commitment to achieving both food security and food sovereignty for the nation.
He said; “Today I can stand here before you to brag, Nigeria is not borrowing. We have met our revenue target for the year and we met it in August.
“Non oil revenue. If non oil revenue is going where then have no fear of whatever Trump is doing on the other side. I have just signed off on a huge mechanisation programme that every region have with mechanise centre we are doing mechanisation and training and all of that and that is our backbone, food sovereignty, food security. If we remove hunger, we have defeated poverty.”
The President assured that Nigeria is on the path to recovery with the nation meeting its 2025 non-oil tax revenue target in August.
“All I can promise you is where we started and where we are going to. The path to Nigeria’s recovery we are on it,” he said.
Enduring legacy
President Tinubu praised the unwavering dedication of members of the Buhari Organisation for preserving the spirit of progressive governance and for building upon the enduring legacy of the late former President Muhammadu Buhari.
The President further assured the Buhari Organisation Members with opportunities of service to the nation through ambassadorial positions.
He said; “Essentially we cannot be reached . I was looking at the previous…and the recreation centres who are falling, I didn’t see your faces there. That’s the joy of it. You are still together for what we believe a progressives government that will always build on the legacies of Muhammadu Buhari and what I can promise you is what I am doing; Hard work, hard thinking, consulting with you.
“I couldn’t appoint everybody at once and thank you for your patience. I still have some slots for ambassadorial positions that so many people are craving for. But it’s not easy sticthing those names.”
“Don’t let anybody threaten you of in any uncertainty. We are certain we are going to succeed. Part of what we inherited from Buhari was his honesty, transparency, justice, that’s all.
“You won’t have anything less than that. You will have joy at the end of this journey and we will definitely put something together to build a Buhari House that house will be a house of joy and prosperity,” President Tinubu explained.
The founding members of the defunct Congress for Progressive Change President Bola Tinubu, pledged to deliver massive support for the ruling All Progressives Congress (APC) in the 2027 general elections.
The delegation, led by former Nasarawa State Governor, Senator Tanko Al-Makura, assured the President that the CPC bloc within the APC remained firmly behind his administration and would mobilise nationwide to secure the party’s victory at the next polls.
Honouring the memory
Speaking on behalf of the group, Al-Makura commended President Tinubu for steering the country through challenging economic times, sustaining peace and stability, and for honouring the memory of their late leader and mentor, former President Muhammadu Buhari.
“We are with you in loyalty, in person, and in purpose. May Almighty God grant you the wisdom and strength to continue leading our nation,” he said.
Al-Makura pledged that the CPC family, comprising former governors, ministers, lawmakers, women leaders and party executives, would work tirelessly to consolidate Tinubu’s reforms and sustain the APC legacy ahead of 2027.
Recalling the CPC’s struggles before the 2013 merger that birthed the APC, Al-Makura described Tinubu and Buhari as visionaries whose political partnership laid the foundation for justice, equity, and national renewal.
“Mr. President, you and President Muhammadu Buhari shared more than a political alliance; you shared a vision of a Nigeria built on justice, economic sovereignty, and good governance. Together, you conceptualised and built a platform that remains our pride and our cause,” he said.
Al-Makura pledged that the CPC family, comprising former governors, ministers, lawmakers, women leaders, and party executives, would work tirelessly to consolidate Tinubu’s reforms and sustain the APC legacy beyond 2027.
Also speaking at the meeting, Speaker of the House of Representatives, Tajudeen Abbas, declared that the CPC bloc remains intact and is solidly behind the President.
“Indeed, today is the very first time that former members of the CPC have gathered in such large numbers to visit our President, to show support and appreciation for what he has been doing. I want to seize this opportunity, Mr. President, to assure you of the unconditional support of all former members of the CPC,” Abbas said.
Dismissing suggestions that the bloc was fragmented or estranged, the Speaker insisted that over 90 percent of CPC’s pioneer leaders remained active and loyal.
He also praised President Tinubu’s partnership with Buhari in 2010, which eventually paved the way for Buhari’s presidency.
Abbas further commended Tinubu for the unprecedented respect shown to Buhari during his passing, noting the state support accorded his family and the President’s personal involvement.
“CPC in every state will go back home and mobilise support for Asiwaju. That movement will cascade down to local government areas, wards, and units. Insha Allah, CPC members will be at the forefront of ensuring your re-election in 2027 so you can continue the good work you are doing,” Abbas assured.
The high-powered delegation included: Barr. Abdulraheem Adebayo Shittu, former Minister of Communications, Waziri Bulama, former APC National Secretary, Prof. Haruna Hima, former House of Representatives member, Garba Datti Mohammed, former Deputy Minority Whip, House of Representatives, Ibrahim Baba, former CPC governorship candidate and Federal Commissioner, RMAFC, Mary Efere, former CPC governorship candidate, Chris Bukuma, Adamawa politician and CPC stalwart, Farouk Adamu Aliyu. Others are former governorship candidate, Comrade Richard, pioneer CPC National Organising Secretary, Raza Zakari, former CPC National Vice Chairman, Lucy Ibe, former CPC National Organising Committee member, Oyama, former Deputy National Secretary and APC merger negotiator, Ayuba Baba, former CPC protocol officer (2003-2015), Edwemba, CPC leader from Edo State, and Jawa, former House of Representatives member.
The members of the Defunct CPC were joined by other former commissioners, advisers, national officers, and women leaders of the Buhari Support Organisation, as well as ex-members of the CPC National Executive Council.
Lateefah Ibrahim