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Tinubu’s Address: 10 Key Points To Note

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Tinubu Presents N27.5trn 2024 Budget
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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.

READ ALSO: JUST IN: N570bn Disbursed to States – Tinubu

“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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