• Thursday, February 22, 2024
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BusinessDay

Tinubu promises relief for Nigerians in New Year’s speech

Tinubu asks Senate to confirm Cardoso, 11 others as chairman, members of MPC

President Bola Tinubu, in his New Year address, expressed empathy for the challenges faced by Nigerians, acknowledging their struggles amidst economic and security issues. His speech marked his first New Year message since taking office on May 29, 2023.

Addressing the nation, President Tinubu said, “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.”

Reflecting on the past year, he recognised the economic and social hardships Nigerians have endured.

“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,” the President stated.

He acknowledged the nation’s frustrations, promising to focus on revamping the economy and restoring security.

Tinubu highlighted several strategic decisions made by his administration, including the controversial removal of fuel subsidies and reforms in the foreign exchange system. These decisions, he admitted, brought discomfort but were necessary steps to avert fiscal catastrophe.

However, the President reassured citizens of his commitment to national prosperity and economic recovery. “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,” he affirmed.

Highlighting his administration’s initiatives, President Tinubu discussed the progress in the Siemens Energy power project and other efforts to enhance the nation’s power supply. He also detailed plans to boost food production and create a more business-friendly environment in Nigeria.

In addressing the country’s socio-economic challenges, Nigeria’s 16th President emphasised the importance of resilience and unity. “Tough times never last,” he said, urging Nigerians to rekindle their faith in the nation’s promise.

Looking forward, President Tinubu outlined his administration’s priorities, including defense and security, job creation, and human capital development. He also announced the implementation of a new national living wage to support workers.

Acknowledging the collective effort required to build a prosperous nation, he extended a call to action to all Nigerians, including political opponents, to work together for the country’s progress.

Concluding his message, President Tinubu wished all Nigerians a happy and prosperous year 2024, invoking God’s blessings on the Federal Republic of Nigeria. His speech, setting a tone of collaboration and determination, aims to rally the nation towards a brighter future amidst ongoing challenges.