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With my reforms, policies, Nigeria heading for economic prosperity, Tinubu boasts

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President Bola Tinubu has once again boasted that the reforms he has undertaken and his bold economic policies since becoming Nigeria’s president last year will ensure that the county returns to the path of economic and social prosperity.

Tinubu, while addressing leaders of pan-Yoruba socio political group, Afenifere, at the residence of Pa Reuben Fasoranti in Akure, Ondo State, on Wednesday, said his administration was “working hard to ensure that Nigeria is reformed for greater efficiency with a particular emphasis on systematically inculcating fairness and equity in all aspects of the national life.”

“Nigeria will survive the current economic challenges. There is light at the end of the tunnel. I requested the job, and I am not complaining about it. I take full responsibility,” Tinubu said.

“We are meeting our obligations to the international community. To lenders, we have not defaulted, and we are not going to default. We are navigating the twists and bends on the road to Nigeria’s prosperity.”

President Tinubu emphasized that his major task now is to ensure fiscal and true federalism, as well as the broad-based manifestation of the philosophy of “what is sauce for the goose is sauce for the gander.”

“The economic challenges we have endured since assuming office are not new to me. As the former governor of Lagos State, I faced similar calls for my resignation. But, through perseverance, Lagos emerged as the fifth largest economy in the entire continent of Africa. We must manage this moment with wisdom and grow Nigeria responsibly.

“I campaigned for this office to serve Nigeria’s interests, and I was elected. Some said I would not last in the tribunal and came up with all sorts of predictions, but even when in court, I remained focused.

“We cannot allow Nigeria’s economy to be exploited. We cannot abandon our economy to marauders. I am determined to re-engineer our finances and curb selfish interests permanently,” Tinubu stated.

A former Secretary to the Government of the Federation (SGF), Olu Falae, who spoke on behalf of Afenifere, commended Tinubu for his commitment to Nigeria’s progress and expressed the group’s support for the administration’s efforts.

“You have kept your word to return to this place where we all prayed for you, and this shows that you are a man of your word.

“Today, you are carrying our flag. We are noted for integrity, competence, fairness, and courage. Your performance so far has shown that you understand the full gravity of your mandate, which is to show the Nigerian people that a good government is possible,” Falae said.

Metro

MCC grants Zambia $458m compact deal to boost agro-business

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The Millennium Challenge Corporation (MCC) has granted Zambia a compact of $458 million following more than $377 million in previous grant funding.

MCC Principal Deputy Vice President, Kyeh Kim made the announcement on at the MCC Headquarters in Washington, D.C., while celebrating the completed negotiations, while Charles Tembo, the First Secretary for Press and Public Relations at the Zambian Embassy in Washington, D.C., relayed the information to the African country.

In a statement, Kim highlighted that the deal was the fastest ever negotiated in MCC’s history and praised the Zambian government for its dedication to improving the lives of its people.

“This will continue to push for the prosperity of the Zambian people. The compact started about three years ago. I am hopeful that the agriculture sector will improve agro-business,” she said.

She further expressed confidence that the collaboration between MCC and Zambia would yield positive results and emphasized the importance of maintaining the same spirit and cooperation during the implementation process.

Secretary to the Zambian Treasury, Felix Nkulukusa, noted that the preparations and commitment from both MCC and Zambia demonstrated a strong desire to foster economic growth.

“We are sure that the implementation will be in the shortest time. The first compact taught us valuable lessons, and we are confident that the second compact will be implemented even more effectively,” Nkulukusa said.

Zambia’s Ambassador to the United States, Chibamba Kanyama, also expressed optimism that the renewal of AGOA would enable Zambia to increase its agricultural exports.

“The proposed compact is anticipated to target the agriculture and agro-processing sectors, which have been identified as the most promising areas to unlock inclusive economic growth,” Kanyama statec.

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#EndBadGovernance Protests: Please be patient with Tinubu’s govt, monarchs beg Nigerian youths

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Some prominent traditional rulers in Nigeria have pleaded with Nigerian youths and organizers of the planned nationwide #EndBadGovernance protests scheduled to commence on August 1 to be patient with the President Bola Tinubu administration as the president was working hard to make the country better.

The monarchs, who made the plea following a meeting with Tinubu on Thursday at the Presidential Villa in Abuja, called for calm over the planned nationwide protest meant to demonstrate against the prevailing economic hardship in Nigeria.

President Tinubu had called for the emergency meeting with state governors on the platform of the All Progressives Congress (APC),
prominent traditional rulers and Islamic religious scholars known as Ulamas, as part of efforts by the government to ensure the planned hunger protests is averted.

The protests which are being organised under the hashtag #EndBadGovernance, have gained significant traction on social media prompting the government to engage the traditional rulers urging them to talk to their subjects to shelve the protests.

After the meeting, the revered monarchs including the Sultan of Sokoto, Muhammad Sa’ad Abubakar III, the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Emir of Zazzau, Ahmed Bamalli, and Dein of Agbor Kingdom, Ikenchukwu Keagborokuzi I, pleaded with Nigerians to give the government time to make things work in the country.

“The President has said, ‘any leader that you don’t like, wait (until 2027) and vote him out.’ He is open to dialogue. We know that Nigeria faces many challenges. But are we going to destroy our nation by ourselves? Is that what we are all after?” Oba Ogunwusi who co-chairs the National Council of Traditional Rulers of Nigeria, said.

“It is very difficult to build, but it is the easiest to destroy. We are all stakeholders in this country and are stronger as a nation than individually.

“We should talk to ourselves. We need to know that today, it’s a completely different spin. The government, ably led by the President, is willing to engage and dialogue and bring governance very close to the people.

“People that are out there to protest, it is their civic right. But let them put a face to it and don’t let it be hijacked by people that have ulterior motives. That is our stand.

“We the traditional rulers are not in support of people, especially youths, coming out to loot and break down law and order. We condemn such acts fully. We are parents, we are traditional rulers, and we are closer to them (youths). We are going to go back home and continue to engage them.”

On his part, the Emir of Zazzau said traditional rulers were worried about the protests, adding that they could shut down the country.

“There’s nobody who will not be worried about the protests; we’ve seen what has happened in other climes, where governments had been brought down.

“As an ex-diplomat, I have seen what happened in other climes and that is why I am in the position to say what happened in other places.”

“We have made it very clear to President Tinubu that the main problem in this country, especially the north, is insecurity. If the security situation is addressed, certainly people will go back to their farms and the issue of hunger will drastically reduce and disappear,” Bamalli added, urging Nigerians to exercise patience and to listen to the words of wisdom.

“We are very optimistic Nigeria will bounce back to its former position as the leading country in Africa.”

The Dein of Agbor Kingdom also appealed to Nigerian youths to work with the FG using all available opportunities.

“Hearing from Mr. President directly, the take-home message for me is that I can see the passion. But at the same time, I think the government finally understands we are at the precipice.

“We will listen to our youths because they lead the future. The power and strength of Nigeria certainly lie with the young people. We feel your pain. I’m a young person myself.

“It’s been 24 years since I’ve started seeing the nation going in a very unpalatable direction. This protest, I know that it’s very tight in our neck, but let us not destroy our own country,” said the traditional ruler.

“Think of Libya. Libya was a beautiful country; what has happened to Libya, we don’t want it to happen here.

“Let’s go home. Let’s continue to strive to be the best that we can and continue to work with the government to see if we can offer some solutions.

“I think that that would be best rather than to destroy property or injure ourselves,” he advised.

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