President Bola Tinubu addressed Nigerians on Sunday, August 4, 2024, amid ongoing protests across the country. Here are 10 key points from his speech:
– Tinubu expressed sorrow over lives lost during the protests and called for an end to violence.
– He urged protesters to suspend further demonstrations and engage in dialogue.
– The President defended his decision to remove fuel subsidies and reform the foreign exchange system.
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– Tinubu highlighted economic progress, stating that aggregate government revenues have more than doubled.
– He mentioned ongoing major infrastructure projects, including the Lagos-Calabar Coastal Highway and Sokoto-Badagry Highway.
– Tinubu reported an increase in oil production to 1.61 million barrels per day and renewed investor interest in the sector.
– The government launched a CNG initiative to power transportation and reduce costs.
– Tinubu outlined several initiatives for youths, including the student loan scheme and Digital and Creative Enterprises programme.
– The President announced plans to complete 100,000 housing units over the next three years.
– Tinubu revealed plans to boost food production, including the removal of tariffs on certain food items and the distribution of farming equipment.
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“I commiserate with the families and relations of those who have died in the protests. We must stop further bloodshed, violence and destruction.
“Let us work together to build a brighter future for ourselves and for generations to come. Let us choose hope over fear, unity over division, and progress over stagnation, ” he added.
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