.png)
.png)
1 day ago
5
Aso Rock, Abuja - President Bola Tinubu connected Thursday, May 29, acknowledged the "new information challenges" successful Nigeria.
Legit.ng reports that successful an code to citizens connected the juncture of his two-year successful office, President Tinubu vowed to marque Nigeria a state wherever everyone lives without fear.
Source: Twitter
It would beryllium recalled that Amnesty International connected Thursday, May 29, alleged that since President Tinubu assumed bureau successful May 2023, much than 10, 217 radical person been killed successful attacks by equipped groups crossed respective bluish states, with Benue signaling the highest decease toll of 6,896 fatalities, followed by Plateau authorities with astatine slightest 2,630 deaths.
The situation has escalated contempt promises from the authorities to amended security, the radical said successful its caller investigation.
Isa Sanusi, manager of Amnesty International Nigeria, stated:
“Today marks precisely 2 years since President Bola Tinubu assumed bureau with a committedness to heighten security. Instead, things person lone gotten worse, arsenic the authorities proceed to neglect to support the rights to life, carnal integrity, liberty and the information of tens of thousands of radical crossed the country.”He added that President Tinubu indispensable urgently code the resurgence of the nation’s information challenges, noting that caller escalations by Boko Haram and different equipped groups bespeak the existent information measures are ineffective.
In a connection connected the 2nd day of his medication connected May 29, 2025, Tinubu said "gallant" members of the Nigerian army and different equipped forces are "reducing and eliminating threats to lives and livelihoods."
He said:
"Amid the caller information challenges, we tin study immoderate successes. In immoderate areas of the northwest, hitherto nether the power of bandits, our gallant equipped forces person restored order, reducing and eliminating threats to lives and livelihoods. With the occurrence achieved, farmers are backmost tilling the onshore to provender us. Highways, hitherto unsafe for travellers, person go safer. Our information agencies person succeeded galore times successful rescuing the abducted citizens from the hands of their tormentors. I committedness you, we shall stay vigilant, arsenic I told information chiefs during the past gathering to up their crippled and collaborate to extremity this plague of evil men. Every Nigerian deserves to unrecorded without fear."President Tinubu added:
"Once again, I admit the sacrifices galore Nigerians person made and proceed to marque arsenic we reposition our country, not conscionable for contiguous but for generations yet unborn. Our travel is not over, but our absorption is clear. So is our resoluteness to tackle emerging challenges. By the Grace of God, we are assured that the worst is down us. The existent interaction of our governance objectives is opening to instrumentality hold. The aboriginal is bright, and together, we volition physique a stronger, much inclusive Nigeria that we tin each beryllium arrogant of."The afloat substance of Tinubu's code can beryllium work below:
Fellow Nigerians, arsenic we people the 2nd day of our administration, I salute your resilience and undaunted spirit. Two years ago, you entrusted maine with the ineffable work to pb our federation astatine a clip of historical challenges. Together, we person faced these headwinds with courageousness and determination.
The economical and wide concern of the state I inherited required that we redirect the country's affairs with a bold and caller vision. I instantly implemented 2 indispensable policies to halt our state from further drifting into the precipice. It was evident that if the national authorities and the different 2 tiers of authorities indispensable stay viable and cater to the citizens' welfare, we indispensable bash distant with decades-long substance subsidies and the corruption-ridden aggregate overseas speech windows. The 2 were nary longer sustainable and person go a chokehold connected our nation's neck, strangling our nation's future.
While our medication has implemented the reforms to reconstruct and reinvigorate our nationalist system and fortify our societal cloth arsenic a beardown and agreed country, I indispensable convey my chap citizens for your unrelenting enactment and content successful the expansive imaginativeness we stock to uplift our federation and renew our corporate hopes and aspirations.
We are halfway done the travel that began 24 months ago. Today, May 29, 2025, offers our medication the accidental to stock again however acold we person gone and our advancement successful steering our state on the captious way of socio-economic development.
When we embarked connected this journey, propelled by a burst of anticipation and abiding religion successful Nigeria's unity and progress, I made a pledge earlier God and chap countrymen and women to face Nigeria's challenges head-on by rebuilding trust, fostering prosperity, and restoring our nation's economical health. Today, I proudly affirm that our economical reforms are working. We are connected people to gathering a greater, much economically unchangeable nation.
Under our Renewed Hope Agenda, our medication pledged to tackle economical instability, amended information nationwide, trim corruption, betterment governance, and assistance our radical retired of poverty.
While implementing the reforms indispensable to fortify our system and present shared prosperity, we person remained honorable by acknowledging immoderate of the difficulties experienced by our compatriots and families. We bash not instrumentality your patience for granted. I indispensable restate that the lone alternate to the reforms our medication initiated was a fiscal situation that would person bred runaway inflation, outer indebtedness default, crippling substance shortages, a plunging Naira, and an system successful a free-fall.
Despite the bump successful the outgo of living, we person made undeniable progress.
Inflation has begun to ease, with atom prices and different staples declining. The lipid and state assemblage is recovering; rig counts are up by implicit 400% successful 2025 compared to 2021, and implicit $8 cardinal successful caller investments person been committed. We person stabilised our system and are present amended positioned for maturation and prepared to withstand planetary shocks.
In 2025, we stay connected way with our fiscal targets. Gross proceeds per tube from crude lipid are broadly aligned with our forecasts arsenic we intensify our efforts to ramp up production. Our fiscal shortage has narrowed sharply from 5.4% of GDP successful 2023 to 3.0% successful 2024. We achieved this done improved gross procreation and greater transparency successful authorities finances. In the archetypal 4th of this year, we recorded implicit N6 trillion successful revenue.
We person discontinued Ways & Means financing, which has been a large contributor to precocious and sticky inflation. The NNPC, nary longer burdened by unsustainable substance subsidies, is present a nett contributor to the Federation Account. We are besides achieving substance proviso information done section refining.
Our indebtedness presumption is improving. While overseas speech revaluation pushed our debt-to-GDP ratio to astir 53%, our indebtedness service-to-revenue ratio dropped from astir 100% successful 2022 to nether 40% by 2024. We paid disconnected our IMF obligations and grew our nett outer reserves by astir 500% from $4 cardinal successful 2023 to implicit $23 cardinal by the extremity of 2024.
Thanks to our reforms, authorities gross accrued by implicit N6 trillion successful 2024, ensuring that subnational governments tin trim their indebtedness burden, conscionable salaries and pension obligations connected a timely basis, and put much successful captious infrastructure and quality superior development.
One of our administration's astir impactful achievements is our bold taxation betterment agenda, which is already yielding results. By the extremity of 2024, our tax-to-GDP ratio roseate from 10% to implicit 13.5%, a singular leap successful conscionable 1 year. This was not by accident. It results from deliberate betterment successful our taxation medication and policies designed to marque our taxation strategy fairer, much efficient, and much growth-oriented.
We are eliminating the load of aggregate taxation, making it easier for tiny businesses to turn and articulation the ceremonial economy. The taxation reforms volition support low-income households and enactment workers by expanding their disposable income. Essential goods and services specified arsenic food, education, and healthcare volition present pull 0% VAT. Rent, nationalist transportation, and renewable vigor volition beryllium afloat exempted from VAT to trim household costs further.
We are ending the epoch of wasteful and opaque taxation waivers. Instead, we person introduced targeted and transparent incentives supporting high-impact manufacturing, technology, and agriculture sectors. These reforms are not conscionable astir gross but astir stimulating inclusive economical growth.
There is simply a deliberate absorption connected our youth, who a friendlier taxation situation for integer jobs and distant enactment volition empower. Through export incentives, Nigerian businesses volition beryllium capable to vie globally. Our National Single Window task streamlines planetary trade, reduces delays, and enhances Nigeria's competitiveness.
To beforehand fairness and accountability, we are establishing a Tax Ombudsman, an autarkic instauration that volition support susceptible taxpayers and guarantee the strategy works for everyone, particularly tiny businesses.
Most importantly, we are laying the instauration for a much sustainable aboriginal by introducing a caller nationalist fiscal policy. This strategical model volition usher our attack to just taxation, liable borrowing, and disciplined spending.
These reforms are designed to trim the outgo of living, beforehand economical justice, and physique a business-friendly system that attracts concern and supports each Nigerian. Together, we are creating a strategy wherever prosperity is shared, and nary 1 is near behind.
We person breathed caller beingness into the Solid Minerals assemblage arsenic portion of our efforts to diversify the economy. Revenue has accrued phenomenally, and investors are mounting up processing plants arsenic the assemblage dumps the aged pit-to-port argumentation and embraces a caller value-added policy.
We person besides repositioned our wellness assemblage contempt each odds.
Over 1,000 Primary Health Centres are being revitalised nationwide. An further 5,500 PHCs are being upgraded nether our Renewed Hope Health Agenda. We are establishing Six caller crab attraction centres. Three are ready. We connection escaped dialysis services successful aviator tertiary hospitals and subsidise the work successful others. Under the Presidential Maternal Health Initiative, implicit 4,000 women person undergone escaped cesarean sections. Lastly, we person expanded Health Insurance Coverage from 16 cardinal to 20 cardinal wrong 2 years.
As a effect of our bold and deliberate policies, the system is increasing stronger again. Real GDP roseate by 4.6% successful Q4 2024, with full-year maturation of 3.4%. This is 1 of the strongest successful a decade.
Without a responsive and reliable nationalist information infrastructure that tin support lives and properties, our system volition not execute optimally, and those who question to harm america volition impair and disrupt our mode of life. Our medication is committed to the information and information of our people. For our government, protecting our radical and their peaceful mode of beingness is the utmost priority.
Since I assumed our country's leadership, our medication has improved collaboration among information agencies, accrued intelligence-driven operations, and amended ensured the payment of our equipped forces and information personnel. I usage this accidental to salute the courageousness and mundane sacrifice of our work men and women. We whitethorn not ever witnesser the tremendous efforts they marque to support america safe, but we payment each time from the results of their dedication. Even if we bash not convey them often enough, they willingly look information truthful we tin spell astir our lives freely and without fear.
Our military, police, and quality agencies are committed to ever responding to emerging information threats and caller challenges due to the fact that it is the patriotic work they beryllium a grateful nation.
Amid the caller information challenges, we tin study immoderate successes. In immoderate areas of the northwest, hitherto nether the power of bandits, our gallant equipped forces person restored order, reducing and eliminating threats to lives and livelihoods. With the occurrence achieved, farmers are backmost tilling the onshore to provender us. Highways, hitherto unsafe for travellers, person go safer. Our information agencies person succeeded galore times successful rescuing the abducted citizens from the hands of their tormentors. I committedness you, we shall stay vigilant, arsenic I told information chiefs during the past gathering to up their crippled and collaborate to extremity this plague of evil men. Every Nigerian deserves to unrecorded without fear.
Outside of Security, we person prioritised quality superior improvement arsenic a cardinal pillar of our nationalist improvement strategy.
To this end, we person importantly expanded entree to prime acquisition done infrastructure investments and the pupil indebtedness strategy to enactment indigent students successful tertiary institutions. Through the Renewed Hope Health initiative, our medication has begun equipping wellness facilities and deploying skilled unit to unserved areas. We are besides strengthening our effect to nationalist wellness threats and implementing targeted societal concern schemes.
Our younker empowerment initiatives see entree to funds, accomplishment development, and creating employment opportunities. Through our MSME support, we empower the adjacent procreation and span inequality. In our ngo to empower the adjacent generation, we person taken bold steps to spot young Nigerians astatine the bosom of nationalist development. Nowhere is this much evident than astatine the National Agency for Science and Engineering Infrastructure (NASENI), wherever the existent absorption is making elephantine strides. NASENI has embraced a digital-first approach, introduced real-time dashboards, and implemented end-to-end e-procurement done its Unified ERP System—setting a caller governance benchmark for nationalist institutions.
Through bold, high-impact programmes similar Innovate Naija, Irrigate Nigeria, the Asset Restoration Programme, and the Renewable Energy and Innovation Park successful Gora, NASENI drives inclusive industrialisation astatine scale. From assembling electrical vehicles and reviving idle assets to launching Africa's astir precocious Rapid Diagnostic Kit Factory and grooming pistillate drone engineers done the NASCAV programme, these initiatives are creating jobs, restoring dignity to work, and opening up a aboriginal of possibilities for our youth. This is the question we promised—a authorities of enactment powered by the vigor and innovation of young Nigerians.
Agriculture and nutrient information are apical priorities of our Renewed Hope Agenda. We person launched assertive initiatives to boost section nutrient production, enactment farmers, and stabilise nutrient prices. We person besides invested successful mechanised farming by procuring thousands of tractors, different farming tools, and fertilisers.
Under the Renewed Hope Agenda, the national authorities has continued with large roadworthy operation and rehabilitation projects crossed each geopolitical zones, from the Abuja-Kaduna-Zaria-Kano Dual Carriageway, the 9th Mile-Oturkpo-Makurdi Road, the Lagos-Calabar Coastal Highway, Abuja-Lokoja-Benin Road, Enugu-Onitsha Expressway, Oyo-OgbomosoRoad, Sokoto-Badagry Road, Enugu-Port Harcourt Expressway, Second Niger Bridge Access Road to Bodo-Bonny Road among hundreds of ongoing roadworthy projects crossed the country.
We person launched initiatives to amended energy procreation by upgrading procreation and transmission infrastructure and investing successful off-grid star vigor to powerfulness our homes, concern premises, industries, schools and hospitals.
In the tone of ideology and nationalist renewal, we are preparing to invited the satellite to Nigeria soon for the Motherland Festival. This landmark gathering volition spotlight our affluent heritage, dynamic originative industries, and the vibrant vigor of our people. It volition showcase Nigeria's quality done tourism, culture, and innovation, inviting the satellite to rediscover our nation.
The Nigerian diaspora plays a captious relation successful our nationalist transformation. Their expertise, investment, and planetary position are cardinal to shaping the aboriginal we seek. In recognition, the authorities has introduced policies similar the diaspora enslaved and the non-resident Bank Verification Number to marque it easier for Nigerians overseas to invest, engage, and lend meaningfully to the country's progress.
The Motherland Festival volition bring unneurotic voices from crossed the continent and the diaspora successful a decisive infinitesimal of unity and purpose, affirming that Nigeria is not lone a person successful Africa but a committed planetary spouse acceptable to engage, inspire, and lead.
Once again, I admit the sacrifices galore Nigerians person made and proceed to marque arsenic we reposition our country, not conscionable for contiguous but for generations yet unborn. Our travel is not over, but our absorption is clear. So is our resoluteness to tackle emerging challenges. By the Grace of God, we are assured that the worst is down us. The existent interaction of our governance objectives is opening to instrumentality hold. The aboriginal is bright, and together, we volition physique a stronger, much inclusive Nigeria that we tin each beryllium arrogant of.
Thank you all, and May God proceed to bless the Federal Republic of Nigeria.
PAY ATTENTION: Сheck retired quality that is picked exactly for YOU ➡️ find the “Recommended for you” artifact connected the location leafage and enjoy!
Source: Legit.ng
