President Bola Ahmed Tinubu addressed Nigerians on the country’s 64th independence anniversary, highlighting the administration’s progress and future objectives.
Economic Reforms and Achievements
– Attracted over $30 billion in foreign direct investments in the last year
– Reduced debt service ratio from 97% to 68%
– Cleared N30 trillion ways and means debt
– Maintained foreign reserve at $37 billion
– Implemented disciplined monetary policy management for stability in the foreign exchange market
Security Efforts
– Eliminated over 300 Boko Haram and bandit commanders
– Restored peace to hundreds of communities in the North
– Committed to ending terrorism and banditry
Agricultural Development
– Encouraged states to invest in mechanized farming
– Established a local assembly plant for 2,000 John Deere tractors and farm equipment
– Supplied fertilizer and made tractors available
Youth Empowerment
– Announced National Youth Conference to address challenges and opportunities
– Implemented 3 million Technical Talents programme (3MTT) for building Nigeria’s technical talent backbone
– Launched Nigerian Education Loan Fund (NELFUND) for affordable education loans
– Introduced The Renewed Hope Labour Employment and Empowerment Programme (LEEP) to create 2.5 million jobs annually
Energy Transition
– Expanded adoption of Compressed Natural Gas for mass transit
– Assisting states in acquiring CNG buses for cheaper public transportation
National Unity and Social Harmony
– Fostering national unity and social cohesion
– Ensuring peace for economic growth
President Tinubu emphasized Nigeria’s resilience and tenacity, urging citizens to believe in the nation’s promise. He encouraged Nigerians to join the administration’s journey toward a brighter future, building a greater Nigeria with accessible opportunities and hope for future generations.
