I Took ‘Difficult’ But ‘Necessary’ Decisions To Safeguard Our Future–President Tinubu

 President Bola Tinubu on Monday explained reasons for taking what he called ‘difficult’ but ‘necessary’ decisions  that would help to reform the country’s economy and  avert a looming fiscal crisis.

The president has also assured Nigerians that the current economic hardships will reduce immediately the reforms being carried out begin to yield desired results in 2024.

Team@orientactualmags.com learned that the president , who said this in a televised speech to mark the new year 2024, also noted that he was aware of the hardship concomitant with the difficult but necessary decisions taken by his administration.  

‘Over the past seven months of our administration, I have taken some difficult and yet necessary decisions to save our country from fiscal catastrophe.

 I am well aware that for some time now the conversations and debates have centered on the rising cost of living, high inflation which is now above 28 per cent and the unacceptable high under-employment rate.

I am not oblivious to the expressed and sometimes unexpressed frustrations of my fellow citizens. I know for a fact that some of our compatriots are even asking if this is how our administration wants to renew their hope’ he said.

The president has however urged Nigerians to exercise more patience and remain undaunted.

‘Dear Compatriots, take this from me: the times may be rough and tough; however, our spirit must remain unbowed because tough times never last.

We are made for this period, never to flinch, never to falter. The socio-economic challenges of today should energize and rekindle our love and faith in the promise of Nigeria.

Our current circumstances should make us resolve to work better for the good of our beloved nation. Our situation should make us resolve that this New Year, 2024, each and every one of us will commit to be better citizens’ he stated.

The president has also promised to create an  investor-friendly environment in the country..

‘My message to investors and other business people has been the same; Nigeria is ready and open for business.

Therefore, I will fight every obstacle that impedes business competitiveness in Nigeria and I will not hesitate to remove any clog hindering our path to making Nigeria a destination of choice for local and foreign investments’  he said..

President Tinubu also talked about  the 2024 Budget  which , he noted, contains eight priority areas that ‘reflects the premium ‘we have placed on achieving our governance objectives’.

‘We will work diligently to make sure every Nigerian feels the impact of their government.

The economic aspirations and the material well-being of the poor, the most vulnerable and the working people shall not be neglected.

It is in this spirit that we are going to implement a new national living wage for our industrious workers this new year. It is not only good economics to do this, it is also a morally and politically correct thing to do’ he said while sending a message to members of his  cabinet that he would not tolerate poor performance.

 ‘I took an oath to serve this country and give my best at all times.

Like I said in the past, no excuse for poor performance from any of my appointees will be good enough’ he said

President Tinubu has also urged  those who are not members of his political party , to join hands with him to change things for the better in the country saying ‘election is over. It’s time for all of us to work together for the sake of our country’.

 The president has also restated his administration’s commitment  to improving  the nation’s electricity supply.

 ‘My administration recognizes that no meaningful economic transformation can happen without a steady electricity supply. In 2024, we are moving a step further in our quest to restart local refining of petroleum products with Port Harcourt Refinery, and the Dangote Refinery which shall fully come on stream’ he submitted while adding that his administration is currently carrying out other power projects to ‘strengthen the reliability of our transmission lines and optimize the integrity of our National grid’ -Team@orientactualmags.com
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