President Bola Tinubu says his administration remains undeterred in its pursuit of comprehensive economic security for the country while addressing foundational challenges and creating a fair and equitable system for Nigerians.
Speaking when he received leaders of Afenifere, the Yoruba socio-cultural organization at the State House, Abuja, on Wednesday, the President said his administration is re-engineering Nigeria’s finances and seeking to boost the purchasing power of citizens and spread prosperity down the line.
He stated that instituting a credit system allows for a significantly enhanced standard of living for all citizens without the need for cash.
He said Nigeria must secure itself economically first before it can achieve any of its more sophisticated objectives.
Tinubu said: ‘’We are committed to the economic survival of our country. To re-engineer the finances of our country, we must start in earnest.
“So first, retool, revamp the economic opportunities available, and resolve to continue taking the firm and steady, bold steps that are necessary.
‘’Education is a strong weapon against poverty. To empower the people, we must invest in the future of our youths.
“We have seen the problems parents face in training their children in school; it is the reason why we established the National Student Loan Programme, which is taking off well.
‘’We are equally examining what to do with the high degree of unemployment. We must help vulnerable people by providing social security.
“We are looking at how to provide allowances for the unemployed, and we are developing ways to boost the purchasing power of citizens with the Consumer Credit Scheme.
“If we remove the cash upfront element to buy a car or a house, we will reduce the propensity for fraud and corruption across the land.”
Tinubu warned those threatening Nigeria’s sovereignty that they would face a “heavy price.”
‘’I am irrevocably committed to the unity of Nigeria and constitutional democracy. Constitutional democracy is reflected greatly here since we assumed office. What we face now is the challenge of terrorism.
“Security of life and property is very necessary for development. I can tell you we are achieving success. We have degraded terrorism to a level that it cannot threaten the sovereignty of Nigeria any longer.
‘’Banditry and kidnapping will be defeated. And there is no payment of ransom whatsoever. We are taking the battle to them.
“We are getting results more rapidly than before. We are working hard on intelligence gathering. Those who think they can threaten the sovereignty of Nigeria will have themselves to blame. They have a price to pay. And we are not going to relent,” Tinubu also said.
The President thanked the delegation for their prayers and support, assuring them that he would not relent in his resolve to advance Nigeria.
‘’God bless Nigeria. God bless our unity; our diversity must bring prosperity for all for the sake of Nigeria.”
Earlier in his remarks, a former Secretary to the Government of the Federation and the monarch of Ilu Abo in Akure, Ondo State, Oba Olu Falae, commended the president for his courageous decisions and for the rehabilitation of the Third Mainland Bridge in Lagos, as well as other critical ongoing projects.
False, a one-time presidential candidate, urged the president not to relent in ensuring fairness and equity for all Nigerians, while also highlighting the importance of a constitutional amendment to devolve more powers to the states.
‘’We are delighted about what you are doing for our country, and we assure you of our continued support. We thank you for your visit to Akure in February 2024, and we believe it is right and proper to reciprocate your kind gesture. We appreciate this relationship, and we need to make it work in the interest of Nigeria.
‘’Mr. President, you are the leader of Nigeria now and the most important political figure in Africa. We expect you, in view of your legacy and pedigree, to lead our country with knowledge, courage, and integrity. We have no doubt that your tenure will mark a turning point in the history of our country. Under your leadership, Nigeria will be repositioned.
‘’We will stand by you as you make all efforts to change the Nigerian story for the better. Be assured, Afenifere will not abandon you in fair or foul weather.
“As long as you remain faithful to the principles of fairness, integrity, and courage that are expected of you as the leader of Nigeria, we will stand by you,’’ Falae said.
The delegation, led by nonagenarian Pa Reuben Fasoranti, the leader of Afenifere, included eminent citizens and three former governors — Olusegun Osoba (Ogun), Senator Gbenga Daniel (Ogun), and Olusegun Mimiko (Ondo).
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