…By Dorcas Funmi for TDPel Media. President Bola Tinubu delivered his inaugural speech after being sworn into office by the Chief Justice of Nigeria. Here are the key points from his address:
The Nigerian Ideal:
President Tinubu expressed his love for the nation and his confidence in its people and divine providence.
He emphasized the need to stay faithful to the work of building a better society and not retreat from the nation’s potential.
Acknowledging Buhari:
Tinubu commended his predecessor, President Muhammadu Buhari, for his honesty, patriotism, and contribution to Nigeria.
He extended his personal appreciation and wished Buhari well.
Legal Recourse:
Tinubu acknowledged the ongoing election cases and the right of those aggrieved to seek legal redress.
He affirmed their exercise of this right as essential to upholding the rule of law.
Principles and Priorities:
Tinubu outlined the guiding principles of his administration, including impartial governance, defense against terrorism and criminality, economic growth, women and youth empowerment, and proactive anti-corruption measures.
Security:
Tinubu prioritized security, emphasizing that prosperity and justice cannot prevail amidst insecurity and violence.
He pledged to reform the security doctrine and architecture, invest in security personnel, and provide better training, equipment, pay, and firepower.
The Economy:
Tinubu targeted higher GDP growth and significant reduction in unemployment.
He highlighted budgetary reforms, industrial policy to promote domestic manufacturing, improved electricity accessibility, and addressing investors’ concerns to attract both local and foreign investments.
Job Creation:
Tinubu promised to create meaningful opportunities for the youth, with a focus on one million new jobs in the digital economy.
He also mentioned plans for an omnibus Jobs and Prosperity bill, which would facilitate labor-intensive infrastructural improvements, light industry promotion, and improved social services for the vulnerable.
Agriculture:
Tinubu highlighted the importance of securing rural incomes through commodity exchange boards, storage facilities, agricultural hubs, and modern practices.
The aim is to increase production, minimize conflicts over land and water resources, and make food abundant and affordable.
Infrastructure:
The administration will prioritize progress in national networks of roads, rail, and ports, building upon the efforts of the previous administration.
Fuel Subsidy:
Tinubu commended the phasing out of petrol subsidies, redirecting funds towards public infrastructure, education, healthcare, and job creation.
Monetary Policy:
Tinubu called for a unified exchange rate, reduced interest rates, and a review of currency swap policies to encourage investment and economic growth.
Foreign Policy:
President Tinubu emphasized the importance of peace, stability, and collective prosperity in the West African subregion and the African continent.
He committed to working with ECOWAS, AU, and international partners to resolve conflicts and promote regional development.
In conclusion, President Tinubu expressed his pride and affirmed Nigeria’s rightful place among the world’s great democracies.
He called upon the people to join him in realizing the Nigerian ideal and making it a lasting reality.
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