President Bola Ahmed Tinubu of Nigeria has unveiled his plans and strategies for his administration.
President Tinubu unveiled this in his inaugural speech delivered at the Eagle Square in Abuja on Monday May 29, 2023.
While outlining his agenda, Tinubu focused on key areas such as security reform, economic growth, employment opportunities, infrastructural development, favorable monetary policies, and fostering amicable relations with the international community.
These initiatives, according to him, are expected to bring about a national renaissance under his leadership.
Emphasizing the importance of peace and security in the overall development of the nation, the president expressed his commitment to enhancing these aspects by prioritizing improved training, development, and adequate remuneration for security personnel.
He firmly stated, “Security shall be our administration’s foremost priority, as prosperity and justice cannot thrive amidst insecurity and violence.”
President Tinubu also pledged to introduce reforms in budgetary, industrial, and foreign policies, aiming to eliminate barriers to investment such as inflation and high taxation rates.
The official statement highlighted the intention to implement budgetary reforms that stimulate the economy without triggering inflation. In addition, the industrial policy will employ a comprehensive range of fiscal measures to boost domestic manufacturing and reduce reliance on imports.
Addressing both local and foreign investors, President Tinubu assured them that their concerns regarding multiple taxation and various obstacles to investment would be thoroughly reviewed.
He affirmed his administration’s commitment to ensuring that investors and foreign businesses can repatriate their hard-earned dividends and profits back to their home countries.
Tinubu’s disclosed agenda and approaches reflect a comprehensive vision for Nigeria’s progress, aiming to address crucial issues and foster a conducive environment for sustainable growth and development.