Ndifreke Jacob, Uyo.
…Promises a Stronger Nigeria through Economic Growth and Anti-Corruption Efforts
Nigeria’s newly sworn in President, Asiwaju Bola Ahmed Tinubu has vowed to grow Nigeria’s economy while putting to a halt extreme poverty, insecurity, fuel subsidy and other issues affecting Nigeria.
President Tinubu who was sworn in as Nigeria’s 16th President in Abuja on Monday, May 29, commended the resilience and diversity that have kept Nigeria throughout its history.
Promising to govern impartially, Tinubu emphasized that Nigeria’s top priority would be security, as prosperity and justice cannot prevail amidst insecurity and violence.
Tinubu pledged to reform both the security apparatus and architecture, investing in the training, equipment, enumeration, and firepower of security personnel.
Tinubu recognized the need for a stronger economy and unveiled plans to target higher GDP growth, reduce unemployment, and stimulate economic growth without engendering inflation.
To achieve these goals, Tinubu proposed budgetary reforms, industrial policies to promote domestic manufacturing and reduce import dependency, and improved accessibility and affordability of electricity.
Tinubu reassured investors, both local and foreign, that their concerns about multiple taxation and anti-investment inhibitions would be reviewed, aiming to foster an environment conducive to investment and repatriation of dividends and profits.
Similarly, Tinubu emphasized the importance of job creation, particularly for the youth, and pledged to honor his campaign commitment of one million new jobs in the digital economy.
He disclosed that his administration also plans to work with the National Assembly on an omnibus Jobs and Prosperity bill, focusing on labor-intensive infrastructural improvements, light industry, and improved social services.
However, Tinubu pointed out that his administration plans to secure rural incomes through commodity exchange boards, establish agricultural hubs for increased production and value-added processing, and minimize conflicts over land and water resources in the livestock sector.
Commending the efforts of the previous administration, President Tinubu emphasized the prioritization of infrastructure development, including national networks of roads, rail, and ports.
He also commended the decision to phase out the petrol subsidy regime, redirecting funds toward public infrastructure, education, healthcare, and job creation.
On Foreign policy, Tinubu expressed concern over the crisis in Sudan and the turn from democracy in neighboring nations, vowing to prioritize peace and stability in the West African subregion and the African continent, working with regional bodies such as ECOWAS and the AU, as well as international partners, to end existing conflicts and resolve new ones.
President Tinubu however called on Nigerians to join him in making Nigeria a more perfect nation and democracy, where the Nigerian ideal becomes a lasting reality.