Politics
Our Economy Is Recovering Steadily And Gradually- President Tinubu Tells Traditional Rulers.
President Tinubu confirms that the country is recovering gradually and steadily economically and ensures his administration aims to fulfill citizens’ demands.
In his meeting with traditional chiefs led by the Sultan of Sokoto, Tinubu expressed his deep concern for the citizens’ plight and promised further attention to their needs.
In his commitment to the country, the Nigerian president reveals plans to reactivate the currently empty Bank of Agriculture, develop infrastructure like the Lagos-Calabar coastal road for wind energy generation, and ensure adequate funds reach the grassroots for development.
He emphasizes the importance of security and plans to pay more attention to it. He assures Nigerians that the economy is due for revival and prosperity.
All these insights were gleaned from an executive council meeting involving state chairpersons of all 36 states and the FCT.
This meeting also featured the presence of the Minister of Finance, the Coordinating Minister of the Economy, and the GCEO of NNPCL.
“Today, the Bank of Agriculture is empty. We have to reactivate it. If they are not talking about flooding, they are talking of banditry. We have to start all over again. Yes, infrastructural decay is there.
“The Lagos-Calabar coastal road is not being done without studies. It is an economic energiser.
“From it, we can create infrastructure along the route to develop wind energy and generate power, and we can expand our irrigation network.
“The economic viability of infrastructure had to be studied before we embarked on projects. How many dams are there on the corridors of Sokoto- Badagry?
From there, we can energise electricity. We can do irrigation and additional farms,” said the President.
He said the project was situated on two million hectares of arable land, which would create opportunities for farmers on a small scale, and that the government would find capital for them.
“Nigeria is on the path of recovery. You have heard it from the Minister of Finance, Wale Edun. We are not afraid of protests. Our concern is the ordinary people and the damages that will be done.
“Till today, I cannot forget the brand new 60 and 100 seater buses, down there in Lagos that were burnt down, and we are now complaining of transportation.
“That is the problem. That is why I must say thank you for talking to the citizens,” the President told the traditional rulers.
“Security is getting better, but we cannot take our eyes off the camera because it takes one accident for things to flare up. We are managing it.
“We have created instruments to support the students so that they get education and consumer credit to expand the economy.
“This is to improve the purchasing power of the people to rejuvenate the economy within a short period, and we are still recalibrating our oil usage,’’ the President stated.
According to Tinubu, this meeting was an open discussion on issues affecting the nation to remain transparent about the state of affairs in the various communities.
Culled from NEWS AGENCY OF NIGERIA
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