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In his Independence Day address, President Tinubu acknowledged Nigeria’s economic hardship, saying his administration’s reforms are beginning to yield results.
President Bola Tinubu on Tuesday reiterated that he was deeply aware of the economic hardship faced by Nigerians as a result of the current reforms by his administration, but assured that the inevitable changes he embarked upon had begun to yield appreciable results.
Speaking during a nationwide broadcast to mark Nigeria’s 64th Independence Anniversary, the President stated that the rising cost of living and fading employment opportunities will soon be curbed substantially.
While pleading for patience from Nigerians, Tinubu expressed the commitment of his administration to finding long-term solutions to the problems besetting the country, noting that the economy was already turning the corner.
“Fellow Nigerians, as I address you today, I am deeply aware of the struggles many of you face in these challenging times. Our administration knows that many of you struggle with rising living costs and the search for meaningful employment. I want to assure you that your voices are heard.
“As your President, I assure you that we are committed to finding sustainable solutions to alleviate the suffering of our citizens. Once again, I plead for your patience as the reforms we are implementing show positive signs, and we are beginning to see light at the end of the tunnel,” the Nigerian leader noted.
He reiterated that the central concern of the people today is the high cost of living, especially food costs. This concern, he said, is shared by many around the globe as prices and the cost of living continue to rise worldwide.
hundreds of communities in the North, and thousands of our people have been able to return home. It is an unfinished business, which our security agencies are committed to ending as quickly as possible.
“As soon as we can restore peace to many communities in the troubled parts of the North, our farmers can return to their farms. We expect to see a leap in food production and a downward spiral in food costs. I promise you, we shall not falter on this,” Tinubu added.
from this forum as we remain resolute in our mission to build a more inclusive, prosperous, and united Nigeria,” the Nigerian leader assured.
Under the Renewed Hope Labour Employment and Empowerment Programme (LEEP), Tinubu said it is conceived as a comprehensive suite of interventions at job creation by the Federal Ministry of Labour and Employment that is aimed at facilitating the creation of 2.5 million jobs, directly and indirectly, on an annual incremental basis.
He stated that the government will soon announce all the beneficiaries of the country’s national honours for 2024, declaring that the Senate President and the Chief Justice of the Federation had been conferred with the honour of the Grand Commander of the Order of the Niger (GCON).
“The deputy Senate President and Speaker of the House of Representatives have the honour of Commander of the Order of the Federal Republic (CFR), while the deputy speaker of the House has been awarded Commander of the Order of Niger (CON),” he stated.
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