President Bola Tinubu hosted the Duke of Edinburgh, Prince Edward, at the State House in Abuja on Monday, November 18, 2025, using the occasion to provide a detailed explanation of his administration's ongoing economic reforms.
Reforms Centered on Youth Development
The President firmly stated that the various reforms are strategically designed to strengthen the economy and relevant institutions, with the primary goal of securing a prosperous future for Nigeria's youth. He emphasized that young people are central to repositioning the economy and that their ownership of these key reforms is what will propel the nation into a great future.
President Tinubu connected these domestic efforts to his upcoming international engagement, noting, "We will be participating in the G-20 this week. It is the third time Africa is hosting G-20. And the central issue is about our youth. We need to strengthen the economy for our youths."
Concrete Measures for Growth and Inclusion
Providing statistical backing to the government's focus, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, revealed that the median age in Nigeria is 17 years. He confirmed that the reforms have been deliberately structured to create more opportunities for youth participation, skill development, and overall growth.
President Tinubu elaborated on specific initiatives, highlighting the special education loan fund as a pivotal tool. "The fund ensures that students who gain admission to universities stay in school and receive support to complete their education. Our goal is to use education to drive down poverty," the President added.
He also stated that the government's broad reform vision includes critical infrastructure projects like the laying of fibre optics to promote digital access and optimize the inclusion of young people in national development. On security, Tinubu acknowledged the challenge of crime and reported notable results, thanking humanitarian agencies for their assistance to victims of terrorism.
International Recognition and Award for Nigerian Youth
The Duke of Edinburgh, Prince Edward, was in Abuja in his capacity as Chairman of the Duke of Edinburgh’s International Award Foundation. His visit was to brief President Tinubu about an international award ceremony scheduled to take place in Lagos.
Prince Edward commended President Tinubu on the economic reforms, which he noted have been receiving positive reviews across the globe. He announced that 320 Nigerian youths will be recognised in the various events of the Duke of Edinburgh’s International Award Foundation in Lagos, held in partnership with the Lagos State Government.
"The award ceremony will celebrate the talents and efforts of Nigerians in pursuing their passions, developing relevant skills, and contributing to the nation’s growth and development," Prince Edward said. He also praised Finance Minister Wale Edun for his brilliant contributions and for consistently championing the role of young people in the ongoing reforms.
