President Tinubu Delivers Independence Day Address to the Nation on Nigeria’s Anniversary

On October 1, 2024, Independence Day speech, President Bola Ahmed Tinubu acknowledged the tough times Nigerians are going through, including rising living costs and unemployment. He urged citizens to remain patient, stating that his government’s reforms were starting to show positive signs, with the economy improving and the light at the end of the tunnel becoming visible....CONTINUE READING>>>

Reflecting on Nigeria’s 64 years of independence, Tinubu praised the country’s achievements and resilience. He highlighted how the nation survived various crises, including a civil war, and how it has embraced diversity and managed its differences to stay united. While recognizing mistakes from the past, Tinubu called for a renewed commitment to building a better future. Continue Reading>>>

Addressing security, Tinubu shared that his administration had made significant progress in fighting terrorism and banditry. Over 300 commanders from groups like Boko Haram had been eliminated, leading to restored peace in many communities, particularly in the north. This progress, he said, would help farmers return to their land, boost food production, and reduce costs.

He also mentioned that the government is working to respond to natural disasters, such as recent flooding, by creating a disaster relief fund and conducting tests on dams to prevent future crises.

In the economic sector, Tinubu highlighted Nigeria’s success in attracting over $30 billion in foreign direct investments over the past year, thanks to reforms. He emphasized the government’s dedication to maintaining a free-enterprise system, improving the regulatory environment, and creating jobs. He also noted significant fiscal progress, including reducing debt service ratios and ensuring foreign reserves remained stable despite economic challenges.

The president pointed out the importance of addressing the rising cost of living, particularly food costs, and praised governors who have embraced agricultural reforms. He announced plans to establish a tractor assembly plant to support mechanized farming and make farming equipment more accessible.

Tinubu also spoke about energy reforms, particularly the adoption of compressed natural gas for public transportation, which is intended to reduce transportation costs and improve infrastructure.

National unity and social cohesion were key points, with Tinubu urging peace and cooperation as the foundation for economic growth. He announced a National Youth Conference aimed at addressing issues like education, employment, innovation, and security. This conference will serve as a platform for young people to engage in nation-building and influence policy.

Several youth-focused initiatives were highlighted, including a program to develop technical talent and a student loan fund to make tertiary education more accessible. The government also aims to launch a job creation initiative targeting 2.5 million new jobs annually.

In his closing remarks, Tinubu encouraged Nigerians to remain hopeful and resilient, emphasizing that better days are ahead. He urged everyone to continue believing in the promise of Nigeria and to work together toward a brighter, more prosperous future. He concluded by wishing the nation a happy Independence Day and expressing gratitude to the armed forces.