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Tinubu’s First New Year Message as President
Dear Compatriots,
It gives me immense joy to welcome each and everyone of you – young and old- to this brand new year 2024. We must lift up our hands to Almighty God, in gratitude, for His grace and benevolence to our country and our lives in the year 2023 that has just gone by.
Though the past year was a very challenging one, it was eventful in so many ways. For our country, it was a transition year that saw a peaceful, orderly and successful transfer of power from one administration to another, marking yet another remarkable step in our 24 years of unbroken democracy.
It was a year, you the gracious people of this blessed nation, entrusted your faith in me with a clear mandate to make our country better, to revamp our economy, restore security within our borders, revitalise our floundering industrial sector, boost agricultural production, increase national productivity and set our country on an irreversible path towards national greatness that we and future generations will forever be proud of.
The task of building a better nation and making sure we have a Nigeria society that cares for all her citizens is the reason I ran to become your President. It was the core of my Renewed Hope campaign message on the basis of which you voted me as President.
Everything I have done in office, every decision I have taken and every trip I have undertaken outside the shores of our land, since I assumed office on 29 May 2023, have been done in the best interest of our country.
Over the past seven months of our administration, I have taken some difficult and yet necessary decisions to save our country from fiscal catastrophe. One of those decisions was the removal of fuel subsidy which had become an unsustainable financial burden on our country for more than four decades. Another was the removal of the chokehold of few people on our foreign exchange system that benefited only the rich and the most powerful among us. Without doubt, these two decisions brought some discomfort to individuals, families and businesses.
I am well aware that for some time now the conversations and debates have centred on the rising cost of living, high inflation which is now above 28% and the unacceptable high under-employment rate.
From the boardrooms at Broad Street in Lagos to the main-streets of Kano and Nembe Creeks in Bayelsa, I hear the groans of Nigerians who work hard every day to provide for themselves and their families.
I am not oblivious to the expressed and sometimes unexpressed frustrations of my fellow citizens. I know for a fact that some of our compatriots are even asking if this is how our administration wants to renew their h ope.
Dear Compatriots, take this from me: the time may be rough and tough, however, our spirit must remain unbowed because tough times never last. We are made for this period, never to flinch, never to falter. The socio-economic challenges of today should energize and rekindle our love and faith in the promise of Nigeria. Our current circumstances should make us resolve to work better for the good of our beloved nation. Our situation should make us resolve that this new year 2024, each and everyone of us will commit to be better citizens.
Silently, we have worked to free captives from abductors. While we can’t beat our chest yet that we had solved all the security problems, we are working hard to ensure that we all have peace of mind in our homes, places of work and on the roads.
Having laid the groundwork of our economic recovery plans within the last seven months of 2023, we are now poised to accelerate the pace of our service delivery across sectors.
Just this past December during COP28 in Dubai, the German Chancellor, Olaf Scholz, and I agreed and committed to a new deal to speed up the delivery of the Siemens Energy power project that will ultimately deliver reliable supply of electricity to our homes and businesses under the Presidential Power Initiative which began in 2018.
Other power installation projects to strengthen the reliability of our transmission lines and optimise the integrity of our National grid are ongoing across the country.
My administration recognises that no meaningful economic transformation can happen without steady electricity supply. In 2024, we are moving a step further in our quest to restart local refining of petroleum products with Port Harcourt Refinery, and the Dangote Refinery which shall fully come on stream.
To ensure constant food supply, security and affordability, we will step up our plan to cultivate 500,000 hectares of farmlands across the country to grow maize, rice, wheat, millet and other staple crops. We launched the dry season farming with 120,000 hectares of land in Jigawa State last November under our National Wheat Development Programme.
In this new year, we will race against time to ensure all the fiscal and tax policies reforms we need to put in place are codified and simplified to ensure the business environment does not destroy value. On every foreign trip I have embarked on, my message to investors and other business people has been the same. Nigeria is ready and open for business.
I will fight every obstacle that impedes business competitiveness in Nigeria and I will not hesitate to remove any clog hindering our path to making Nigeria a destination of choice for local and foreign investments.
In my 2024 Budget presentation to the National Assembly, I listed my administration’s 8 priority areas to include national defence and internal security, job creation, macro-economic stability, investment environment optimization, human capital development, poverty reduction and social security. Because we take our development agenda very seriously, our 2024 budget reflects the premium we placed on achieving our governance objectives.
We will work diligently to make sure every Nigerian feels the impact of their government. The economic aspirations and the material well-being of the poor, the most vulnerable and the working people shall not be neglected. It is in this spirit that we are going to implement a new national living wage for our industrious workers this new year. It is not only good economics to do this, it is also a morally and politically correct thing to do.
I took an oath to serve this country and give my best at all times. Like I said in the past, no excuse for poor performance from any of my appointees will be good enough.
It is the reason I put in place a Policy Coordination, Evaluation, Monitoring and Delivery Unit in the Presidency to make sure that governance output improves the living condition of our people.
We have set the parameters for evaluation. Within the first quarter of this new year, Ministers and Heads of Agencies with a future in this administration that I lead will continue to show themselves.
Fellow Nigerians, my major ambition in government as a Senator in the aborted Third Republic, as Governor of Lagos State for eight years and now as the President of this blessed country is to build a fair and equitable society and close the widening inequality. While I believe the rich should enjoy their legitimately-earned wealth, our minimum bargain must be that, any Nigerian that works hard and diligent enough will have a chance to get ahead in life. I must add that because God didn’t create us with equal talents and strengths, I can not guarantee that we will have equal outcomes when we work hard. But my government, in this new year 2024 and beyond, will work to give every Nigerian equal opportunity to strive and to thrive.
For the new year to yield all its good benefits to us as individuals and collectively as a people we must be prepared to play our part. The job of building a prosperous nation is not the job of the President, Governors, Ministers, Lawmakers and government officials alone. Our destinies are connected as members of this household of Nigeria. Our language, creed, ethnicity and religious beliefs even when they are not same should never make us work at cross purposes.
In this new year, let us resolve that as joint-heirs to the Nigerian Commonwealth, we will work for the peace, progress and stability of our country. I extend this call to my political opponents in the last election. Election is over. It’s time for all of us to work together for the sake of our country.
We must let the light each of us carries – men and women, young and old – shine bright and brighter to illuminate our path to a glorious dawn.
I wish all of us a happy and prosperous year 2024.
May God continue to bless the Federal Republic of Nigeria.
Bola Ahmed Tinubu, GCFR
January 01, 2024.
News
Kenyan President hails Dangote for ending fuel scarcity in Nigeria
Kenya’s President William Ruto has credited Aliko Dangote with solving a fuel scarcity crisis that Nigeria’s oil wealth failed to prevent for decades.
Ruto also rallied support for a planned East African refinery modelled on Dangote’s Lagos facility.
He made the remarks at an infrastructure summit in Nairobi while making the case for African-led solutions to the continent’s energy challenges.
“Nigeria has been a producer of oil for all the years that we know. Yet, when you went to Nigeria, there were queues of people looking for fuel in petrol stations for a long time.
“Until one African stepped forward and built a refinery, Aliko Dangote,” he said.
The Kenyan president used the example to argue that Africa possessed the human and financial capital to solve its own problems, without looking to Europe or Asia.
Ruto urged regional leaders, industrialists and financiers present at the summit to act without delay.
“The solution wasn’t in Europe or Asia. The solution was in Nigeria for a problem that disturbed Nigeria for years.
“I dare say, ladies and gentlemen, we have in this room the political leadership, we have the industrialists, we have the financials to transform our continent and we must waste no time looking any further,” he said.
Dangote, who was present at the summit, pledged support for the proposed East African refinery if regional governments committed their backing.
News
2027: Opposition leaders arrive Ibadan for summit
Several leading political figures have arrived Ibadan, Oyo state ahead of a national summit of opposition leaders summit in the ancient city.
Among notable figures already in Ibadan are former Vice President Atiku Abubakar and former governor of Rivers State, Rotimi Amaechi.
Peter Obi , a former governor of Anambra State and his Kano State counterpart, Rabiu Kwankwaso, national chairman of the Peoples Democratic Party, PDP, Kabiru Tanimu Turaki SAN, national chairman of African Democratic Congress, ADC, David Mark, alongside other opposition heavy weights, are expected in the summit.
They are being hosted by the Oyo State Governor, Seyi Makinde, a chieftain of the Peoples Democratic Party, PDP.
Atiku, one of the opposition leaders jostling for the presidential ticket of the African Democratic Congress, ADC, for the 2027 election, posted the video of his arrival on his Facebook page.
In the video, a large crowd of supporters were seen welcoming the former vice president to Oyo State.
News
Ex-minister Yuguda tackles Atiku over attack on Jonathan
By Bonaventure Phillips Melah
Bashir Yuguda, a former Minister of National Planning and Minister of State for Finance, has said that the administration of former President Goodluck Jonathan left a legacy of good governance, democratic leadership, economic reforms, and statesmanship that cannot be undermined by false narratives.
Yuguda who also served Nigeria as Ambassador to the United Arab Emirates and Qatar, was reacting to a remark credited to former vice president Atiku Abubakar who was quoted to have said that Jonathan’s administration was affected by inexperience.
Yuguda said in a statement on Friday that the former President governed with honour, experience, vision, and restraint, particularly during the 2015 transfer of power.
Atiku had said during an interview on ARISE News Channel, that many young leaders in Nigeria have found it difficult to succeed in office because they lack adequate experience and are not fully prepared for the demands of governance.
The former Vice-President pointed to Nigeria’s leadership transition after the tenure of the late Umaru Musa Yar’Adua, stating that although Yar’Adua had a promising start in office, the administration that followed under Goodluck Jonathan later struggled amid growing national challenges.
“For instance, like this case of Umaru Yar’Adua, who started very well and was succeeded by Goodluck Jonathan. I know Jonathan very well — a decent young man — but he was inexperienced, and that, I believe, also contributed to his failure to manage the affairs of the country, particularly when he was faced with challenges,” he said.
Reacting to the former Vice-President’s remarks, Yuguda described Atiku’s comments as inaccurate and inconsistent with the facts.
He stressed that before Jonathan took the presidential oath, he had already served in key executive positions as Deputy Governor, Governor, Vice-President, and later Acting President during the illness of the late Yar’Adua, adding that these were not ceremonial roles but critical leadership experiences that prepared him for governance at the highest level.
The former minister stated, “During that period, Nigeria’s economic profile expanded significantly. The country attained the status of Africa’s largest economy, attracted strong investor confidence, and maintained relative stability in key indicators. Poverty levels declined to some of the lowest recorded since the return to democratic rule in 1999. These are not retrospective claims; they are outcomes documented by credible institutions.
“In agriculture, the administration moved the conversation from subsistence to sustainability. Reforms in the sector improved food availability and earned Nigeria global recognition for progress towards hunger reduction targets.
“The Jonathan administration revived train routes across Nigeria to provide an inexpensive alternative to road and air travel. On behalf of the President, I personally commissioned the rehabilitation and restoration of the Zaria–Gusau–Kaura Namoda rail line, which had deteriorated over time following 26 years of neglect.
“His vision for transformational development also found expression in the attention he gave to the education sector. He established no fewer than 12 new federal universities, with nine of them in the North, and about 165 Almajiri schools to enhance access to education across the country. Those of us in government at the time understood that these gains were the result of focused policy execution, not happenstance.”
Yuguda said what stood out most about former President Jonathan to many of those who served with him was his temperament.
The former Minister of State for Finance continued:
“He possessed a calmness that steadied governance, even in moments of pressure. I recall numerous occasions when he would discourage any attempt by his appointees to respond sharply to critics, including former leaders. His position was clear: leadership must not descend into unnecessary confrontation.
“That disposition was consistent with the loyalty he demonstrated to his own principal, President Umaru Musa Yar’Adua of blessed memory. Even in trying times, he upheld the dignity of that office and the sanctity of that relationship. Even as a former President, he has continued to visit his successors, including President Bola Ahmed Tinubu, to consult them on important national and sub-regional issues. It is a standard worth reflecting on, especially when contrasted with the well-known strains that existed between Vice-President Atiku Abubakar and President Olusegun Obasanjo during their time in office.
“No leader is beyond criticism, and President Jonathan himself would be the first to acknowledge that he is human and capable of error. But to reduce his presidency to a question of inexperience is to overlook both the depth of his preparation and the substance of his record.
“His most enduring legacy, in my view, lies in his respect for democratic values. Despite the security challenges at the time of the 2015 elections, Jonathan did not use them as an excuse to prolong his stay in office. He not only ensured that elections were conducted even in areas with the most difficult security challenges, he also pioneered the deployment of technology to enhance the transparency and credibility of the electoral process.”
Yuguda recalled that Jonathan honourably conceded power without hesitation, placing national stability above personal ambition — a decision he said profoundly shaped Nigeria’s democratic culture.
The statement added, “President Jonathan has remained consistent even out of office, measured in speech, respectful of institutions, and disinclined towards inflammatory commentary. That is why he has continued to be in high demand in peace negotiations and election observation missions within and outside Africa. In an era where political discourse is often heated, that restraint is not weakness; it is statesmanship.
“Ultimately, Nigerians will judge based on evidence, not assertions. They can differentiate between leadership that left tangible footprints and narratives that seek, after the fact, to redefine it. President Jonathan’s contributions are visible, documented, and enduring.
“They do not require embellishment, and they certainly cannot be diminished by revisionist claims, especially by one whose claim to experience in the last two decades has remained an unrealised ambition to be elected President of our great country.”
“We must reflect on what might have become of our nation’s democracy if those who now criticise Jonathan had found themselves in his position when his former boss, President Yar’Adua of blessed memory, fell ill.
“Would they have acted with the same wisdom, decorum, and restraint that Jonathan demonstrated in the interest of preserving the nation’s fragile democracy, or would personal ambition have driven them to destabilise it?” he asked.
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