< 1 mn read
- Economic Reforms: President Tinubu acknowledged the ongoing economic challenges, including rising costs of living and unemployment. He urged Nigerians to be patient, assuring them that reforms are yielding positive results. “We are beginning to see light at the end of the tunnel.”
- Security Achievements: Tinubu highlighted successes in the fight against terrorism and banditry, revealing that over 300 Boko Haram and bandit commanders have been eliminated. “We are winning the war on terror and banditry.”
- Return of Displaced Persons: The President shared that many Nigerians displaced by conflict are returning to their homes, stating that “thousands of people have been able to return home.”
- Natural Disasters Response: Tinubu announced the establishment of a Disaster Relief Fund and planned integrity tests for dams following recent floods. “The federal government will stand with our people in times of trouble.”
- Foreign Investments: He revealed that Nigeria has attracted over $30 billion in foreign direct investments within the last year due to ongoing reforms.
- Agriculture and Food Security: Tinubu emphasized the importance of mechanized farming, announcing a tractor assembly plant to increase food production and reduce food costs.
- Energy Transition: The President confirmed plans to expand the use of Compressed Natural Gas (CNG) in mass transit to lower transportation costs.
- Youth Empowerment: Tinubu announced the launch of a National Youth Conference and initiatives such as the 3 Million Technical Talents Programme and the Nigerian Education Loan Fund to empower young Nigerians.
- Fiscal Responsibility: The administration has reduced Nigeria’s debt service ratio and paid off significant inherited debts, while maintaining stable foreign reserves.
- National Unity: He stressed the importance of national unity and social harmony as foundations for economic growth, calling on Nigerians to work together for a brighter future