Senate President Godswill Akpabio has declared that Nigeria’s banking sector is now stronger and more resilient, while assuring Nigerians that the insecurity confronting the country will soon be defeated.
Akpabio made the declarations while rallying citizens behind
President Bola Tinubu’s Renewed Hope reforms, stressing that financial-sector
reforms, security operations and citizens’ cooperation were critical to
economic recovery and national development.
The Senate President said the era when banks could suddenly
collapse and depositors lose their money was over, attributing the development
to reforms under the Tinubu administration.
“Today, thanks to the bold vision and strategic foresights
of President Bola Ahmed Tinubu’s Renewed Hope Agenda, our banking sector has
transitioned from survival to absolute dominance,” Akpabio said.
He said the sector had become one of the safest, most
resilient and technologically advanced banking systems in Africa.
According to him, the ongoing consolidation and
recapitalisation of banks demonstrate that the administration’s economic
policies are yielding results.
Akpabio said the reforms had helped restore investor
confidence, protect depositors’ funds and position the economy for long-term
growth.
Turning to insecurity, the Senate President acknowledged
that security challenges remained a major obstacle to Nigeria’s development.
“Insecurity is a direct enemy of development,” he said.
“No foreign investor will build in an atmosphere of chaos,
and no local business can thrive without safety.”
Akpabio said security agencies had shifted from a reactive
approach to a more proactive confrontation of criminal elements.
“The security forces are taking the fight directly to the
enclaves of criminals, bandits, and insurgents,” he said.
“The strategy has shifted from reaction to proactive
confrontation, and I assure Nigerians that insecurity will be defeated.”
The Senate President also called for greater cooperation
between citizens and security agencies, saying military hardware alone could
not end criminality.
He urged Nigerians to provide credible and timely
information to security authorities, describing citizens as a critical source
of intelligence.
“Security is a collective civic responsibility,” Akpabio
said.
“Our security personnel are working tirelessly on the
frontlines, but they rely on actionable intelligence from the communities they
protect.”
He urged citizens to end the culture of silence and report
suspicious activities to the appropriate authorities.
“If you see something, say something to the proper
authorities,” he said.
Akpabio also acknowledged the temporary economic challenges faced by Nigerians, saying the
sacrifices being made were part of efforts to address structural problems and
build a stronger economy says the reform has already yielding results
“We acknowledge the sacrifices of the Nigerian people,” he
said.
“President Bola Ahmed Tinubu and his cabinet members are not
resting on their oars.”
He said the administration remained committed to
implementing policies aimed at creating a more prosperous future for Nigerians.
The Senate President urged Nigerians at home and in the
diaspora to support national development and work with government institutions.
“Let us stand united, support our security agencies, and
work hand-in-hand with this administration to build the nation of our dreams,”
he said.
Akpabio has previously said Nigeria would overcome its
security challenges, while the National Assembly has pledged continued support
for security and economic reforms under the Tinubu administration.
Advertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com