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Asiwaju Bola Ahmed Tinubu Address TO The Nation Slated for Sunday Morning!MUCH ADO ABOUT NOTHING!

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Asiwaju Bola Ahmed Tinubu Address TO The Nation Slated for Sunday Morning!
MUCH ADO ABOUT NOTHING!

BROADCAST BY HIS EXCELLENCY BOLA AHMED TINUBU, PRESIDENT AND COMMANDER-IN-CHIEF OF THE ARMED
FORCES OF THE FEDERAL REPUBLIC OF NIGERIA
ON THE NATIONWIDE PROTEST

DATE: SUNDAY 4TH AUGUST 2024

My fellow Nigerians,

  1. I speak to you today with a heavy heart and a sense of responsibility, aware of the turmoil and violent protests unleashed in some of our states.
  2. Notably among the protesters were young Nigerians who desired a better and more progressive country where their dreams, hopes, and personal aspirations would be fulfilled.
  3. I am especially pained by the loss of lives in Borno, Jigawa, Kano, Kaduna and other states, the destruction of public facilities in some states, and the wanton looting of supermarkets and shops, contrary to the promise of protest organisers that the protest would be peaceful across the country. The destruction of properties sets us back as a nation, as scarce resources will be again used to restore them.
  4. I commiserate with the families and relations of those who have died in the protests. We must stop further bloodshed, violence and destruction.
  5. As President of this country, I must ensure public order. In line with my constitutional oath to protect the lives and property of every citizen, our government will not stand idly by and allow a few with a clear political agenda to tear this nation apart.
  6. Under the circumstances, I hereby enjoin protesters and the organisers to suspend any further protest and create room for dialogue, which I have always acceded to at the slightest opportunity. Nigeria requires all hands on deck and needs us all – regardless of age, party, tribe, religion or other divides, to work together in reshaping our destiny as a nation. To those who have taken undue advantage of this situation to threaten any section of this country, be warned: The law will catch up with you. There is no place for ethnic bigotry or such threats in the Nigeria we seek to build.
  7. Our democracy progresses when the constitutional rights of every Nigerian are respected and protected. Our law enforcement agencies should continue to ensure the full protection of lives and properties of innocent citizens in a responsible manner.
  8. My vision for our country is one of a just and prosperous nation where each person may enjoy the peace, freedom, and meaningful livelihood that only democratic good governance can provide – one that is open, transparent and accountable to the Nigerian people.
  9. For decades, our economy has remained anaemic and taken a dip because of many misalignments that have stunted our growth. Just over a year ago, our dear country, Nigeria, reached a point where we couldn’t afford to continue the use of temporary solutions to solve long-term problems for the sake of now and our unborn generations. I therefore took the painful yet necessary decision to remove fuel subsidies and abolish multiple foreign exchange systems which had constituted a noose around the economic jugular of our Nation and impeded our economic development and progress.
  10. These actions blocked the greed and the profits that smugglers and rent-seekers made. They also blocked the undue subsidies we had extended to our neighbouring countries to the detriment of our people, rendering our economy prostrate. These decisions I made were necessary if we must reverse the decades of economic mismanagement that didn’t serve us well. Yes, I agree, the buck stops on my table. But I can assure you that I am focused fully on delivering the governance to the people – good governance for that matter.
  11. In the past 14 months, our government has made significant strides in rebuilding the foundation of our economy to carry us into a future of plenty and abundance. On the fiscal side, aggregate government revenues have more than doubled, hitting over 9.1 trillion Naira in the first half of 2024 compared to the first half of 2023 due to our efforts at blocking leakages, introducing automation, and mobilising funding creatively without additional burden on the people. Productivity is gradually increasing in the non-oil sector, reaching new levels and taking advantage of the opportunities in the current economic ambience
  12. My dear brothers and sisters, we have come this far. Coming from a place where our country spent 97% of all our revenue on debt service; we have been able to reduce that to 68% in the last 13 months. We have also cleared legitimate outstanding foreign exchange obligations of about $5billion without any adverse impact on our programmes.
  13. This has given us more financial freedom and the room to spend more money on you, our citizens, to fund essential social services like education and healthcare. It has also led to our State, and Local Governments receiving the highest allocations ever in our country’s history from the Federation Account.
  14. We have also embarked on major infrastructure projects across the country. We are working to complete inherited projects critical to our economic prosperity, including roads, bridges, railways, power, and oil and gas developments. Notably, the Lagos-Calabar Coastal Highway and Sokoto-Badagry Highway projects will open up 16 connecting states, creating thousands of jobs and boosting economic output through trade, tourism and cultural integration
  15. Our once-declining oil and gas industry is experiencing a resurgence on the back of the reforms I announced in May 2024 to address the gaps in the Petroleum Industry Act. Last month, we increased our oil production to 1.61million barrels per day, and our gas assets are receiving the attention they deserve. Investors are coming back, and we have already seen two Foreign Direct Investments signed of over half a billion dollars since then.
  16. Fellow Nigerians, we are a country blessed with both oil and gas resources, but we met a country that had been dependent solely on oil-based petrol, neglecting its gas resources to power the economy. We were also using our hard-earned foreign exchange to pay for, and subsidise its use. To address this, we immediately launched our Compressed Natural Gas Initiative (CNG) to power our transportation economy and bring costs down. This will save over two trillion Naira a month, being used to import PMS and AGO and free up our resources for more investment in healthcare and education.
  17. To this end, we will be distributing a million kits of extremely low or no cost to commercial vehicles that transport people and goods and who currently consume 80% of the imported PMS and AGO.
  18. We have started the distribution of conversion kits and setting up of conversion centres across the country in conjunction with the private sector. We believe that this CNG initiative will reduce transportation costs by approximately 60 per cent and help to curb inflation.
  19. Our administration has shown its commitment to the youth by setting up the student loan scheme. To date, 45.6billion Naira has already been processed for payment to students and their respective institutions
  20. I encourage more of our vibrant youth population to take advantage of this opportunity. We established the Consumer Credit Corporation with over N200billion to help Nigerians to acquire essential products without the need for immediate cash payments, making life easier for millions of households. This will consequently reduce corruption and eliminate cash and opaque transactions. This week, I ordered the release of an additional N50billion Naira each for NELFUND – the student loan, and Credit Corporation from the proceeds of crime recovered by the EFCC
  21. Additionally, we have secured $620million under the Digital and Creative Enterprises (IDiCE) – a programme to empower our young people, creating millions of IT and technical jobs that will make them globally competitive. These programmes include the 3Million Technical Talents scheme. Unfortunately, one of the digital centres was vandalised during the protests in Kano. What a shame!
  22. In addition, we have introduced the Skill-Up Artisans Programme (SUPA); the Nigerian Youth Academy (NIYA); and the National Youth Talent Export Programme (NATEP).
  23. Also, more than N570 billion has been released to the 36 states to expand livelihood support to their citizens, while 600,000 nano-businesses have benefitted from our nano-grants. An additional 400,000 more nano-businesses are expected to benefit.
  24. Furthermore, 75,000 beneficiaries have been processed to receive our N1million Micro and Small Business single-digit interest loans, starting this month. We have also built 10 MSME hubs within the past year, created 240,000 jobs through them and 5 more hubs are in progress which will be ready by October this year.
  25. Payments of N1billion each are also being made to large manufacturers under our single-digit loans to boost manufacturing output and stimulate growth.
  26. I signed the National Minimum Wage into law last week, and the lowest-earning workers will now earn at least N70,000 a month.
  27. Six months ago in Karsana, Abuja, I inaugurated the first phase of our ambitious housing initiative, the Renewed Hope City and Estate. This project is the first of six we have planned across the nation’s geopolitical zones. Each of these cities will include a minimum of 1,000 housing units, with Karsana itself set to deliver 3,212 units
  28. In addition to these city projects, we are also launching the Renewed Hope Estates in every state, each comprising 500 housing units. Our goal is to complete a total of 100,000 housing units over the next three years. This initiative is not only about providing homes but also about creating thousands of jobs across the nation as well as stimulating economic growth.
  29. We are providing incentives to farmers to increase food production at affordable prices. I have directed that tariffs and other import duties should be removed on rice, wheat, maize, sorghum, drugs, and other pharmaceutical and medical supplies for the next 6 months, in the first instance, to help drive down the prices.
  30. I have been meeting with our Governors and key Ministers to accelerate food production. We have distributed fertilisers. Our target is to cultivate more than 10 million hectares of land to grow what we eat. The Federal Government will provide all necessary incentives for this initiative, whilst the states provide the land, which will put millions of our people to work and further increase food production. In the past few months, we have also ordered mechanized farming equipment such as tractors and planters, worth billions of Naira from the United States, Belarus, and Brazil. I can confirm to you that the equipment is on the way.
  31. My dear Nigerians, especially our youth, I have heard you loud and clear. I understand the pain and frustration that drive these protests, and I want to assure you that our government is committed to listening and addressing the concerns of our citizens.
  32. But we must not let violence and destruction tear our nation apart. We must work together to build a brighter future, where every Nigerian can live with dignity and prosperity.
  33. The task before us is a collective one, and I am leading the charge as your President. A lot of work has gone into stabilising our economy and I must stay focused on ensuring that the benefits reach every single Nigerian as promised.
  34. My administration is working very hard to improve and expand our national infrastructure and create more opportunities for our young people.
  35. Let nobody misinform and miseducate you about your country or tell you that your government does not care about you. Although there have been many dashed hopes in the past, we are in a new era of Renewed Hope. We are working hard for you, and the results will soon be visible and concrete for everyone to see, feel, and enjoy.
  36. Let us work together to build a brighter future for ourselves and for generations to come. Let us choose hope over fear, unity over division, and progress over stagnation. The economy is recovering; Please, don’t shut out its oxygen. Now that we have been enjoying democratic governance for 25 years, do not let the enemies of democracy use you to promote an unconstitutional agenda that will set us back on our democratic journey. FORWARD EVER, BACKWARD NEVER!
  37. In conclusion, security operatives should continue to maintain peace, law, and order in our country following the necessary conventions on human rights, to which Nigeria is a signatory. The safety and security of all Nigerians are paramount.
  38. Thank God — and Thank you for your attention, and may God continue to bless our great Nation. Thank you very much.
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Zulum Appoints Ali Mamman Shuwa as BRTV General Manager

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Zulum Appoints Ali Mamman Shuwa as BRTV General Manager

By: Our Reporter

Borno State Governor, Professor Babagana Umara Zulum, has approved the appointment of Ali Mamman Shuwa as the substantive General Manager of Borno Radio Television (BRTV).

Until his elevation, Shuwa served as Director of Current Affairs at the station. A seasoned broadcaster with over three decades of experience, he has held several key editorial and managerial positions at BRTV.

Born in 1970 in Maiduguri, Shuwa began his education at Abbaganaram Primary School before proceeding to the Arabic Teachers’ College, Maiduguri, where he obtained a Grade II Certificate in 1988. He later acquired a Diploma in Civil Law from BOCOLIS, an Advanced Diploma in Journalism from the International Institute of Journalism, and a Bachelor’s degree in Mass Communication from the University of Maiduguri.

Shuwa began his career with BRTV in 1992 as a News Editor and Translator. Over the years, he rose through the ranks, serving as Current Affairs Officer, Controller of News and Current Affairs, Assistant Director, Deputy Director, and most recently Director of Current Affairs.

The Secretary to the State Government, Bukar Tijjani, announced that the appointment takes immediate effect. The outgoing Acting General Manager, Umar Gazali, will return to his previous position at the station.

Governor Zulum congratulated Shuwa on his appointment and commended Gazali for his stewardship while wishing him success in his future endeavours.

Shuwa, an ethnic of Shuwa Arab from Dongo village in Mafa Local Government Area, is widely travelled and has represented BRTV at numerous workshops and seminars.

Zulum Appoints Ali Mamman Shuwa as BRTV General Manager

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VP SHETTIMA AT NES ANNUAL CONFERENCE: President Tinubu’s Bold Reforms, Proof Of Political Will In Economic Policy

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VP SHETTIMA AT NES ANNUAL CONFERENCE: President Tinubu’s Bold Reforms, Proof Of Political Will In Economic Policy

*Says, Africa can turn supply chain disruptions, trade protectionism, into opportunities for economic transformation

By: Our Reporter

The Vice President, Senator Kashim Shettima, has said the courageous and unavoidable reforms being undertaken by the administration of President Bola Ahmed Tinubu, which are currently fixing Nigeria’s structural weaknesses, are a proof of the power of political will in economic policy.

Accordingly, he called on African nations to embrace the knowledge economy, saying it is a bridge to transform the continent’s economic growth and development through productivity beyond outdated explanations.

The Vice President who stated this on Tuesday in Abuja during the opening session of the 66th Annual Conference of the Nigerian Economic Society (NES) noted that while Nigeria is not immune to the economic morass Africa had long been enmeshed in, the nation’s comforting prospect is that it currently has a President with a listening ear.

“Nigeria is, of course, not exempt from Africa’s economic tragedies. But our silver lining is the listening ear of His Excellency, President Bola Ahmed Tinubu. Under his leadership, this administration has embarked on bold and inevitable reforms to address structural weaknesses that others before us only paid lip service to.

“These reforms testify to the power of political will in economic policy. Their painful but necessary consequences remind us that a malignant disease can only be cured by painful surgery. The wounds are temporary, but the recovery is permanent,” he stated.

VP Shettima stressed the need for African nations to get rid of the old-fashioned approach to their economy and embrace structural transformation if they must revive human capital challenges and reverse unemployment on the continent.

He said, “We live in a world where a random citizen in Daura can outsource his services to a corporation in Dallas without seeing the inside of a plane or leaving his bedroom. But to catch up with this changing world, Africa must embrace structural transformation that reinvents its human capital and reverses unemployment.

“Poverty must be confronted head-on for the promise of this continent to be realised in the lives of our people. There is no justification for the low per capita income that afflicts our nations amidst the resources at our disposal.”

Senator Shettima observed that though “geopolitical conflicts, trade protectionism, supply chain disruptions, the energy transition, and the disruptive rise of artificial intelligence” may all seem like a threat to the continent’s economy, they are opportunities in disguise.

“They all paint a gloomy outlook. But each threat is also an opportunity in disguise. This is why a society such as yours exists: to light the path of a continent even in the darkest night,” he explained, just as he pointed out it is the mandate that the Annual Conference of the Nigerian Economic Society has been given “to find new pathways to solutions,” while the nation awaits the recommendations.

The Vice President noted while the Tinubu administration did not claim the ongoing reforms would be easy, it has always acknowledged the inflationary impact of the reforms as well as the “spillovers from global crises into our economy,” which explains why President Tinubu “has remained committed to investment-friendly measures and social protection programmes to cushion the vulnerable.

“Policies in transportation, healthcare, and education have been deliberately targeted at reducing inequality because these are the sectors that affect the weakest among us,” he added.

The VP commended the President of the Nigerian Economic Society, Prof. Adeola Adenikinju and his team for challenging the nation “to reflect on what decades of policy failures and vulnerabilities to global risks have created for Africa.

“I urge all participants to take their role in this conference not as a scholarly exercise but as a continental and national assignment—one expected to salvage Africa’s economies from their fragile status,” he further stated.

Earlier, the Minister of Budget and Economic Planning, Abubakar Bagudu, applauded VP Shettima’s significant contributions in the realization of the economic reforms of administration of President Bola Ahmed Tinubu.

Bagudu assured the NES that it will be fully integrated in all of the ministry’s programmes, especially the preparation and implementation of the development plan and the recently approved Renewed Hope Ward Development Programme.

Also, the Minister of Livestock Development, Alhaji Idi Mukhtar Maiha, presented potentials in Nigeria’s livestock sector, estimated at several billions of dollars, offering opportunities for economic diversification.

The Minister expressed readiness to partner with the NES to brainstorm on the “brilliant ideas” needed to implement President Bola Tinubu’s Renewed Hope Agenda for the livestock sector, which he described as “the next crude oil.”

For his part, the President of the NES, Prof. Adeola Adenikinju reiterated the society’s commitment to collaborating with the Tinubu administration to actualise the goal of genuine economic transformation and national development.

He said the NES under his leadership has undertaken reforms aimed at repositioning the body to act as “a bridge between research and policy, a centre for mentoring the next generation of economists, and a trusted partner in Nigeria’s pursuit of sustainable development and Africa’s transformation.”

Highlighting the milestones of his administration, Prof. Adenikinju said under his watch, the NES “established chapters in the across 36 states, FCT and the Diaspora, to ensure national reach and grassroots engagement; Created the NES Women’s Wing and Students’ Wing, to broaden inclusivity and representation,” among others.

He added that the reforms have transformed the society into a modern, inclusive, and globally connected professional body while preserving its core identity as Nigeria’s foremost economic think-tank.

On his part, the Director of the African Development Institute, Dr. Eric Kehinde Ogunleye said the African Development Bank remains committed to the development of Africa and Nigeria, even as he stated that “Nigeria occupies a strategic position in moving the African continent forward.”

Ogunleye commended the Tinubu administration for its bold reforms aimed at achieving structural and economic transformation as well as inclusive growth.

Charging the audience regarding investing in people, he advised: “Let us rethink how we invest in people because these are the people who represent the greatest assets of the continent.”

Other dignitaries who graced the event include the Special Adviser to the President on Economic Affairs, Tope Fasua; Chairman of the Ministry of the Board of Ministry of Finance Incorporated (MOFI), Dr Shamsudeen Usman, Nigeria’s first Professor of Capital Market Studies, Uche Uwaleke; representatives of the Speaker of the House of Representatives, Tajudeen Abass, and the Governor of the Central Bank of Nigeria, Yemi Cardoso.

VP SHETTIMA AT NES ANNUAL CONFERENCE: President Tinubu’s Bold Reforms, Proof Of Political Will In Economic Policy

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NSCDC Launches Manhunt for Killers of 8 Operatives

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NSCDC Launches Manhunt for Killers of 8 Operatives

By: Michael Mike

The Commandant General of the Nigeria Security and Civil Defense Corps (NSCDC), Professor Ahmed Audi has launched a Special Intelligence Squad operations to comb the entire Edo Forest and arrest killers of eight of his men, and rescue the kidnapped Chinese expatriate.

The NSCDC Operatives were ambushed last Friday night at Okpella in Etsako East Local Government Area of Edo State while on duty to ensure the safeguarding of Critical Infrastructure and protection of lives and property at the BUA Cement Company in Edo State.

It was reported that the gallant Operatives fought vehemently in a three hour gun duel where eight men were lost with four expatriates working at the quarry session of the Company rescued.

The Commandant General had earlier commended the resilience, diligence and dedication of the NSCDC men who paid the supreme price and lost their lives in the unexpected ambush attack.

However, a joint guard operation with other security agencies and deployment of the CG’s Special Intelligence Squad,Counter Terrorism Unit (CTU), Special Weapon and Tactics (SWAT), Special Protection Units, amongst others, to be headed by the Commandant, CG’s Special Intelligence Squad, CC Dandaura Appollos,have been deployed to the area with an express order to effect possible arrest, rescue the kidnapped expatriate, and consequently bring the perpetrators to book.

The CG also appealed to the public to kindly aid the Corps with any useful information that will assist in tracking down the perpetrators.

He also assured that the security of the BUA Company environment has been upscaled to ensure adequate protection of all Indigenous workers, the Expatriates and the critical assets and infrastructures.

He said: “The Corps will not succumb to any form of threats or be deterred by the activities of subversive elements and evil perpetrators who carried out the heinous attack but rather be focused and re-strategize in discharging its statutory mandates.”

He further noted that the Corps will continue to engage the community in civil relations as a non kinetic approach to tackling the overwhelming security challenges and any other form of crisis in the area.

NSCDC Launches Manhunt for Killers of 8 Operatives

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