Tinubu to Fully Implement Eight -Point Agenda in 3 Years

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President Bola Tinubu has reaffirmed his decision to fully implement the eight priority reform areas under the Renewed Hope Agenda within the next three years, and also his support for a more robust and active public-private sector partnership to grow the economy.

President Tinubu also said that his administration’s sustained, bold, and coordinated reforms are anchored on a “strong adherence to accountability and transparency.”

Speaking to an audience on Thursday with members of the Board and Management of the Nigeria Economic Support Group (NESG) in attendance at the presidential villa, he emphasised that Nigeria is blessed with rich human and natural resources, and there exists deficit opportunities, which can quickly be leveraged on and turned into new prosperity.

A statement issued by the Special Adviser to the President (Media & Publicity), partly reads: “We have gone through the past. I will not look back. The focus of my horse and my race remains forward-looking. We have an abundance of knowledge, untapped mineral resources, and an agricultural sector that is God-given, but we tend to shy away from taking those gigantic steps that will result in prosperity for our people.

“We are not exploiting our diversity for prosperity; we are at each other’s throats, arguing about unnecessary things, instead of thinking and doing for our people.”

The President noted that he was elected on a “no excuses” basis for renewed hope and that he will not accept excuses from anyone in his government in the cause of delivering on his agenda.

He added: “Looking backward is retrogressive for any reformer. Looking forward can give you the leaps that will propel you in the right direction.

“We need think tanks in the agricultural sector. I don’t see why Nigeria will be so blessed with good soil and not have a commodity exchange. I don’t see why we have not been able to interrogate our real estate sector and propel it.

“I don’t see why we have not used consumer credit to build the purchasing power of our people and the capacity of our very own manufacturing sector.”

He also commended the NESG for believing in his administration’s reforms and said the “bitter pill” must be administered to an ailing nation and economy to build a better future for the nation. “I am here and I believe we can do it together. No single person succeeds alone. The world is dynamic.

“We are confronted with climate change and other challenges, but somewhere in the eye of the storm, there is a quiet and peaceful corner for those who can toil well. With patience and determination, we will succeed.” he added.

The Chairman of NESG, Mr. Olaniyi Yusuf, welcomed the economic reforms of the president, particularly on fuel subsidy removal, foreign exchange rate harmonisation, food security and palliatives to sub-national governments.

He pledged that the NESG will work hand in hand with the newly inaugurated cabinet to achieve the eight-point agenda.

“Your track record in the effective implementation of bold economic reforms as the Governor of Lagos leaves those of us in the private sector without doubt that you will achieve much greater feats as our nation’s president,” the NESG Chairman confided.

The NESG Chairman concluded by formally requesting the President to declare the NESG Summit in October, and to direct Heads of Ministries, Departments, and Agencies (MDAs) to partner with them and participate fully in the upcoming Summit as this poses to be part of efforts to ramp up local and foreign direct investment in Nigeria.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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