Today’s Headlines: Emergency treatment is over — Tinubu, Trump says he has done a ‘bad job’ explaining his economic record

President Bola Tinubu has declared that Nigeria’s era of difficult economic reforms is over, saying the country has entered a new phase focused on delivering shared and widespread prosperity to its citizens.

Tinubu made the declaration on Thursday in his Independence Day address to Nigerians, marking the 66th anniversary of the country’s independence.

According to the President, the administration’s economic priority has shifted after three years of what he described as difficult but necessary reforms aimed at correcting longstanding distortions in the economy.

“The emergency treatment is over. The foundation has been repaired. The central economic task before us has changed,” Tinubu said.

WASHINGTON, Sept 30 (Reuters) – US President Donald Trump said on Wednesday he has done “a very bad job” of explaining his economic record as his job approval rating ​sags under the weight of high gasoline prices ahead of the November midterm ‌elections.

Trump, speaking to a supportive crowd at a Hispanic Heritage Month event at the White House, made the comment as he prepares to embark on a 32-day campaign blitz for Republican candidates ahead of the November ​3 elections that will decide whether his party retains control of the US Congress.

“I’ve ​done a very bad job of explaining how good the country is doing,” ⁠Trump said, insisting that “the country’s doing better than it has ever done.”

Trump noted that ​the party in power usually loses congressional seats in the first election after a presidential election ​and urged his supporters to get out and vote.

Many American voters, however, increasingly give Trump low marks in public opinion polls for his management of the economy, which ​has been buffeted by his global tariff policies and a war on Iran that sent ​energy prices soaring.

𝗨𝘇𝗼𝗸𝗮-𝗔𝗻𝗶𝘁𝗲 𝘁𝗼 𝗹𝗲𝗮𝗱 𝗱𝗶𝘀𝗰𝗼𝘂𝗿𝘀𝗲 𝗼𝗻 𝗔𝗳𝗿𝗶𝗰𝗮’𝘀 𝘀𝗼𝘃𝗲𝗿𝗲𝗶𝗴𝗻 𝗰𝗿𝗲𝗱𝗶𝘁 𝗿𝗮𝘁𝗶𝗻𝗴𝘀

The Minister of State for Budget and Economic Planning, Dr. Doris Uzoka-Anite, is slated to outline the policy, institutional, and economic reforms required to strengthen sovereign credit profiles across Africa at DataPro Limited’s upcoming sixth International Rating Webinar.

Delivering the keynote address on the topic, “Achieving Investment Grade Rating by 2030: The Roadmap for Nigeria,” Uzoka-Anite will offer insights into economic planning, fiscal management, public-sector reforms, investment mobilization, and measures designed to reinforce macroeconomic resilience and investor confidence. The virtual event, themed “Sovereign Credit Rating: Africa’s Roadmap to Investment-Grade Status,” is scheduled for October 8, 2026.

𝗣𝗲𝘁𝗿𝗼𝗹𝗲𝘂𝗺 𝗶𝗺𝗽𝗼𝗿𝘁 𝗷𝘂𝗱𝗴𝗲𝗺𝗲𝗻𝘁 𝗲𝗻𝗱𝗮𝗻𝗴𝗲𝗿𝘀 𝗣𝗜𝗔’𝘀 𝗯𝗮𝗰𝗸𝘄𝗮𝗿𝗱 𝗶𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻 𝗽𝘂𝘀𝗵

The recent judgement of the Federal High Court, Abuja, directing the Nigerian Midstream and Downstream Petroleum Regulatory Authority to continue granting and renewing petroleum product import licences to Matrix Energy, A.A. Rano Nigeria Limited and AYM Shafa Limited raises fundamental questions about the future of Nigeria’s domestic refining industry and the proper interpretation of the Petroleum Industry Act, 2021.

The judgement presents substantial questions of law that deserve urgent appellate consideration, particularly regarding the relationship between competition, backward integration and the statutory discretion of the petroleum regulator.

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