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Tinubu’s reforms repositioning Nigeria for future greatness, says APC



The All Progressives Congress (APC) says the reforms introduced by President Bola Tinubu’s administration are repositioning Nigeria for a future of greatness.

 

In a statement on Wednesday by Felix Morka, APC spokesperson, the ruling party congratulated Nigerians on the significant occasion of the first anniversary of the president’s administration.

 

“We applaud Mr. President for keeping faith with the Renewed Hope Agenda, striving with unmatched zeal and vigour to deliver on his cardinal electoral promise to oversee the full restoration and revitalisation of all aspects of our country’s social, political, and economic life,” the statement reads.

 

“Undaunted by the prevalent deep-seated and existential challenges confronting the nation prior to his inauguration, the President stepped up with courage and bold determination to remake the fundamentals by tackling those challenges at their deepest roots.

 “From huge interventions to boost food security to drastic revamping of the security architecture and infrastructure to increased funding and reform of the health sector, the administration is steadily reclaiming lost ground and repositioning Nigeria for a future of greatness.

 

“Announcing the termination of the fuel subsidy regime in his inaugural speech, the President dealt a decisive blow against what was probably the most potent threat to Nigeria’s economic survival.

 

“In the same intrepid manner, the President approved the harmonisation of existing multiple foreign exchange regimes that had become a gaping drain and massive damper to economic growth and development.

 

 “This was quickly followed with a slew of other critical reforms, including the Oyelede Committee on Tax and Fiscal Policy Reform, reconstituting the leadership of the Federal Inland Revenue Service (FIRS), directing the Nigerian National Petroleum Company (NNPC) to remit its dollar earnings to the Central Bank of Nigeria (CBN), waging a beneficial war against crude oil theft, and improving the country’s oil exports and earnings.”

 

Morka said Tinubu’s unmatched efforts to attract foreign direct and portfolio investments have brought tens of billions of US dollars into the nation’s economy during the first year.

 

He said the president has made an impressive impact by delivering high-quality infrastructure not only in Abuja but across the entire country.

 

“The recently flagged-off 700-kilometer Lagos-Calabar Coastal Highway will create jobs and boost tourism and economic development upon completion,” he said.

 

 “After decades of abandonment, the Sokoto-Badagry super-highway is now set to become a reality. The Abuja Metro rail; Port Harcourt-Maiduguri rail, Ibadan-Abuja-Kaduna rail, Kano-Katsina-Maradi rail, and hundreds of roads and bridges across the federation are some of the landmark projects on the plate of this government.

 

“This president has governed with remarkable candour and forthrightness. He has been clear that some of the policies implemented by his administration will not be without pain, especially for the poorest and most vulnerable citizens of our country.

 

“The President and our Party remain keenly aware and attentive to these difficulties.”

 

Morka said the policies initiated by Tinubu are crucial for rebuilding the foundation for sustained growth and development in Nigeria, as highlighted by the president and leading experts.

 

He said the policy interventions and the resulting temporary difficulties, such as inflationary pressures, have significantly shaped the paths of many of the world’s emerging high-growth economies.

 

“From the Credit Corps to Students Loan, to wage award of several months, to ongoing negotiations for upward salary review, to disbursement of conditional cash transfers, to the introduction of compressed natural gas (CNG) buses, to the upskilling of Nigerian youths with a whopping $617 million, to grants to small and medium enterprises (SMEs), President Tinubu is committed to making this epochal transition to a greater and brighter Nigeria as bearable as possible,” the APC spokesperson said.

 

Morka expressed confidence that better days are ahead, adding that the president is steadfast in his commitment to creating a progressively stronger, safer, and more vibrant Nigeria.

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