…Promises bankable, investable power sector in 2nd term
…Says I want to build a Nigeria where everyone is secured
President Bola Tinubu, on Sunday, said his Administration had made progress in several sectors, including the power sector where it sometimes peak at 6,000 megawatts, which is 50% more than his Government inherited.
The President listed his achievements, while delivering his acceptance speech at the Bola Ahmed Tinubu International Conference Centre, Abuja, shortly after receiving the All Progressive Congress APC’s certificate of return and the party’s flag, after winning the party’s Presidential primaries conducted.
The results collated by returning officers, mostly Governors of APC across the 36 States had shown the the President score 10.6million votes to defeat, Stanley Osifo, who scored about 16, 546 votes.
The President who acknowledged that insecurity is still a major challenge, said ” I assure you that I take seriously the responsibility to safeguard the lives and property of every Nigerian”.
He, however, commended his party for the confidence reposed in him to return him as its presidential candidate for the 2027 general election
“I accept, with humility and profound gratitude, the nomination of our great party, the All Progressives Congress, to stand again as its Presidential candidate in the 2027 election, general election, assured that he will dedicate his second tenure to rebuilding Nigeria where everyone is safe
“I thank the party leadership, our governors, the National Working Committee, members of the National Assembly, and loyal party members and stakeholders who have contributed to the unity and strength of this party.
“I also acknowledge the steadfast support and sacrifices of Nigerians across all walks of life who continue to believe in the difficult but necessary path of reform we have chosen to rebuild our nation”, he said.
The President, who recalled that he had promised to remove the financial barriers to higher education for Nigeria youth, in his first term, added: “Today, we have established the Nigerian Education Loan Fund, with over N282 billion disbursed and over 1.5 million beneficiaries.
“We promised an improved power supply and an end to estimated billing. In the past three years, we have closed the metering gap by supplying 2.5 million meters via the Presidential Metering Initiative.
“We have established a N4 trillion bond programme to settle verified legacy debts owed to GENCOs and GASCOs.
“Under our administration, power generation sometimes peaked at 6000MW, 50 per cent higher than we had inherited. Our strategy is focused on redesigning the power sector into a bankable, investable, and capable sector that delivers power to homes and industries.
“We moved away from wasteful fuel subsidies, unstable exchange rates, and weak infrastructure.
“Today, we are witnessing a turnaround: the naira is strengthening, foreign reserves are rising, and our economic outlook is positive despite the inflationary disruption caused by the war in Iran and the geopolitical crisis in the Middle East.”
The President also noted that his administration had strengthened macroeconomic stability through improved revenue performance, financial management, and better fiscal coordination.
“Today, we celebrate another proud moment in our democratic journey—a history not defined by any individual, but by our collective resolve to build a stable, prosperous, and just nation.
“Four years ago, I stood before you as an aspirant to the highest office in our country, seeking your mandate alongside many distinguished compatriots and fellow aspirants, driven by conviction and patriotism”, he noted.
The President acknowledged that despite the success achieved by his administration, “challenges remain”.
According to him, “Many Nigerians still struggle with rising costs and economic adjustment. We do not dismiss these concerns; we understand them and govern not in comfort, but in reality—with honesty and action.
“I also acknowledge the security challenges still confronting parts of our beloved nation.”
He revealed that his Government had intensified efforts to strengthen “security architecture, support our brave armed forces and the Police, and forge stronger partnerships with local communities.”
“We have invested in intelligence, surveillance, and modern equipment, and we are addressing the root causes of insecurity”, he added.
He also reiterated that he expects the “National Assembly to amend the Constitution to allow the creation of State Police as a matter of national emergency.
He assured that his administration would “not rest until we restore peace and stability to every corner of our country.
“Our resolve is unwavering, and our goal is clear: a Nigeria where every citizen can live, work, and aspire without fear. As leaders and members of this great party, we should all be proud of what we have achieved for our country since our party took over governance in 2015, and of the outstanding economic progress we have recorded in the last three years of my administration. However, the work we began is unfinished.
“In accepting this nomination, I renew my commitment to serve our nation with even greater determination.
“With another four years of disciplined focus and national cooperation, we will firmly place Nigeria on an irreversible path of economic expansion, industrialisation, energy security, infrastructure development, food sufficiency, and democratic consolidation.
“Our mission remains clear: To build a Nigeria where every life, including property, is secure, where enterprise thrives, where workers earn with dignity, where young people find opportunity, and where farmers prosper. And where every Nigerian, regardless of background, can dream big and succeed.”
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