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Home Breaking News

President Bola Ahmed Tinubu sworn in as Nigeria’s 16th president

Chike Olisah by Chike Olisah
May 29, 2023
in Breaking News, Politics, Spotlight
During the solemn inauguration, President Tinubu took the oath of office, pledging to faithfully fulfill his duties and ensure that his personal interests never conflict with his responsibilities as the nation's leader. The atmosphere was charged with anticipation and hope as the new president delivered an impassioned speech, expressing his deep love for Nigeria and unwavering faith in its people. Addressing the nation, President Tinubu spoke of the challenges and triumphs that have shaped Nigeria's journey, highlighting the resilience and diversity of its citizens. He emphasized that Nigeria has defied critics who predicted its demise and declared that the nation stands as Africa's most populous and as a beacon of hope for the Black Race. Acknowledging his predecessor, President Tinubu praised President Buhari as an honest and patriotic leader who has dedicated himself to the welfare of the country. He extended a hand of friendship and unity to all Nigerians, regardless of their political affiliations, emphasizing that his administration would govern on behalf of the people, consult with them, and work towards healing and progress. President Tinubu outlined key priorities for his administration, focusing on security, the economy, job creation, agriculture, infrastructure development, and foreign policy. He stressed that security would be the top priority, as prosperity and justice can only thrive in a peaceful and secure environment. The president pledged to invest in security personnel, providing them with better training, equipment, and support. Economic growth and development were also highlighted as crucial objectives, with President Tinubu emphasizing the need to stimulate the economy, reduce unemployment, and promote domestic manufacturing. He outlined plans to improve access to affordable electricity, encourage investment, and create one million new jobs in the digital economy. The president also promised to address issues such as multiple taxation and anti-investment obstacles raised by local and foreign investors. Agriculture was identified as a key sector for rural development, and President Tinubu proposed initiatives to secure rural incomes, reduce spoilage and waste, and increase production through agricultural hubs. He emphasized the importance of making food more abundant and affordable while ensuring that farmers earn fair wages. Infrastructure development, including the expansion of national networks of roads, rail, and ports, was highlighted as a priority to enhance connectivity and facilitate economic growth. The president also expressed support for phasing out the petrol subsidy regime, redirecting funds into public infrastructure, education, healthcare, and job creation. President Tinubu underscored the need for comprehensive monetary policy reform, aiming for a unified exchange rate and lower interest rates to stimulate investment and consumer purchasing. He acknowledged the importance of foreign policy, emphasizing Nigeria's commitment to peace and stability within West Africa and the continent as a whole, while actively promoting regional and continental prosperity. In conclusion, President Tinubu expressed his deep pride in assuming the presidency and declared that the day belonged to the people of Nigeria. He called on all Nigerians to join him in building a more perfect nation and democracy, where the Nigerian ideal becomes a tangible reality. With confidence and determination, President Tinubu affirmed that these goals are within reach and closed his speech with the assurance that Nigeria will forever reside among the world's great democracies. As President Bola Ahmed Tinubu assumes office, Nigerians eagerly anticipate the implementation of his agenda and the realization of his vision for a prosperous and united Nigeria.

President Bola Ahmed Tinubu signing oat of office.

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President Bola Ahmed Tinubu has been sworn in as the 16th president of the Federal Republic of Nigeria.

The new president took the oath of office during the swearing-in ceremony held at the Eagle Square in Abuja, surrounded by dignitaries, including the outgoing president Muhammadu Buhari.

He swore to faithfully discharge his duties and not allow his personal interests to conflict with his official duties as president.

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During the inauguration, President Tinubu took the oath of office, pledging to faithfully fulfill his duties and ensure that his personal interests never conflict with his responsibilities as the nation’s leader.

The atmosphere was charged with anticipation and hope as the new president delivered an impassioned speech, expressing his deep love for Nigeria and unwavering faith in its people.

Addressing the nation, President Tinubu spoke of the challenges and triumphs that have shaped Nigeria’s journey, highlighting the resilience and diversity of its citizens. He emphasized that Nigeria has defied critics who predicted its demise and declared that the nation stands as Africa’s most populous and as a beacon of hope for the Black Race.

Acknowledging his predecessor, President Tinubu praised President Buhari as an honest and patriotic leader who has dedicated himself to the welfare of the country. He extended a hand of friendship and unity to all Nigerians, regardless of their political affiliations, emphasizing that his administration would govern on behalf of the people, consult with them, and work towards healing and progress.

President Tinubu outlined key priorities for his administration, focusing on security, the economy, job creation, agriculture, infrastructure development, and foreign policy. He stressed that security would be the top priority, as prosperity and justice can only thrive in a peaceful and secure environment. The president pledged to invest in security personnel, providing them with better training, equipment, and support.

Economic growth and development were also highlighted as crucial objectives, with President Tinubu emphasizing the need to stimulate the economy, reduce unemployment, and promote domestic manufacturing.

He outlined plans to improve access to affordable electricity, encourage investment, and create one million new jobs in the digital economy. The president also promised to address issues such as multiple taxation and anti-investment obstacles raised by local and foreign investors.

Agriculture was identified as a key sector for rural development, and President Tinubu proposed initiatives to secure rural incomes, reduce spoilage and waste, and increase production through agricultural hubs. He emphasized the importance of making food more abundant and affordable while ensuring that farmers earn fair wages.

Infrastructure development, including the expansion of national networks of roads, rail, and ports, was highlighted as a priority to enhance connectivity and facilitate economic growth. The president also expressed support for phasing out the petrol subsidy regime, redirecting funds into public infrastructure, education, healthcare, and job creation.

President Tinubu underscored the need for comprehensive monetary policy reform, aiming for a unified exchange rate and lower interest rates to stimulate investment and consumer purchasing.

He acknowledged the importance of foreign policy, emphasizing Nigeria’s commitment to peace and stability within West Africa and the continent as a whole, while actively promoting regional and continental prosperity.

President Tinubu expressed his deep pride in assuming the presidency and declared that the day belonged to the people of Nigeria.

He called on all Nigerians to join him in building a more perfect nation and democracy, where the Nigerian ideal becomes a tangible reality.

As President Bola Ahmed Tinubu assumes office, Nigerians eagerly anticipate the implementation of his agenda and the realization of his vision for a prosperous and united Nigeria.

 


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Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

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  • Nigeria’s money supply drops to N117 trillion in June 2025 
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Recent News

Nigerian public officials get N721 billion in bribes in 2023

Nigeria’s money supply drops to N117 trillion in June 2025 

August 6, 2025
Over 24,000 Nigerians declared missing, Borno tops with 9,000 since 2015 – ICRC 

Over 24,000 Nigerians declared missing, Borno tops with 9,000 since 2015 – ICRC 

August 6, 2025
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