Keynotes Points from Today Address by President Bola Ahmed Tinubu

Here are the excerpt from the address by His Excellency President Bola Ahmed Tinubu on the nation's economy and the ongoing national protest in Nigeria today Sunday 4th August, 2024.


*1. Acknowledgement of Protests: The speech begins with recognition of the ongoing protests, particularly highlighting the involvement of youth seeking a better future.


*2. Condemnation of Violence: The President expresses pain over the loss of lives and property due to the protests, insisting on the need to stop further bloodshed.


*3. Responsibility for Public Order: He emphasizes his constitutional duty to maintain order and will not allow disorderly elements to disrupt the nation.


*4. Call for Dialogue: Protests should be suspended to facilitate dialogue, urging all citizens to unite for national progress over ethnic or political divides.


*5. Respect for Constitutional Rights: The President reiterates the importance of upholding the rights of all Nigerians while ensuring the safety of citizens.


*6. Vision for Economic Prosperity: Tinubu outlines his vision of a just and prosperous nation fueled by democratic governance, transparency, and accountability.


*7. Economic Challenges: He acknowledges Nigeria's historical economic issues and justifies recent painful decisions, such as fuel subsidy removal.


*8. Economic Reforms: Steps taken to improve the economy include blocking smugglers' profits and making structural changes to the foreign exchange system.


*9. Revenue Improvement: The government has doubled revenue collections, allowing for more funding for essential services like education and healthcare.


*10. Debt Service Reduction: Significant improvements in managing debt service have freed up financial resources for essential services.


*11. Infrastructure Development: Ongoing major projects aim to enhance economic prosperity and job creation.


*12. Oil and Gas Industry Revival:  The speech notes improvements in production and the attraction of foreign investments in the oil sector.


*13. Natural Gas Initiative: Introduction of a Compressed Natural Gas initiative aims to reduce transportation costs and reliance on imported fuels.

*14. Youth Support Programs: Initiatives including a student loan scheme and financial credit programs are in place to support the youth financially.


*15. Job Creation: Several programs and initiatives are geared toward job creation, skill development, and support for small businesses.


*16. Housing Initiatives: Plans to create thousands of housing units across the country are highlighted as part of economic growth.


*17. Agricultural Support: The government is incentivizing food production and mechanized farming to improve local food supply.


*18. Commitment to Addressing Public Concerns: Tinubu acknowledges the frustrations behind the protests and expresses a commitment to listening and addressing these concerns.


*19. Unity and Collective Effort: The speech urges Nigerians to work together for national stability and economic recovery, emphasizing unity over division.

*20. Final Notes on Governance and Security:

He concludes with a commitment to human rights considerations in maintaining law and order, reiterating the importance of security for all citizens.

The overall message stresses the need for dialogue, economic reform, investment in infrastructure and youth, and a united effort to stabilize and grow Nigeria in the face of unrest and challenges.




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