In his Independence Day speech, President Tinubu acknowledged the difficulties Nigerians are facing due to his economic policies. He reaffirmed his campaign promises and asked for patience as his administration works toward improvements. Here are five key points from the speech:
Cost of living and job creation
Tinubu recognized the rising cost of living and high unemployment, assuring Nigerians that their concerns are heard. He pledged his government’s commitment to finding long-term solutions to alleviate their hardship and emphasized that his economic reforms are already yielding positive results.
Security achievements
On security, Tinubu reported significant progress in combating banditry and terrorism in northern Nigeria. He stated that over 300 Boko Haram and bandit commanders have been neutralized, restoring peace to many northern communities and enabling displaced people to return home.
Youth engagement and development
To address challenges faced by young Nigerians, Tinubu announced plans to hold a National Youth Conference. He highlighted the importance of including youth in policy discussions to create opportunities for them and ensure their active participation in nation-building.
Monetary policy and fiscal management
Tinubu reiterated the need for ongoing economic reforms to address past fiscal mismanagement, emphasizing the importance of stability and predictability in Nigeria’s foreign exchange market. He warned that without these reforms, Nigeria could face a bleak future.
Agricultural development
Tinubu pointed to agricultural production programs as a key strategy for reducing the cost of living. He praised governors from several states for their support of these initiatives and encouraged others to invest in mechanized farming to boost productivity.