Nigeria’s President, Bola Tinubu, says it is diligently working to tackle the country’s pressing economic challenges, particularly amidst the global economic difficulties.
The National Chairman of the ruling All Progressive Congress APC, Dr. Abdullahi Ganduje, stated this at to the maiden edition of policy round-table titled “The Asiwaju Scorecard Series”, organised by APC Professionals’ Forum held in Abuja, Nigeria’s capital.
According to the National Chairman of APC the government is also making significant strides in transforming Nigeria’s economy into a credit-based consumer economy.
“This transformation is expected to boost agriculture, with a focus on dry season farming, leading to improved food security, reduced food prices, and enhanced access to education and infrastructure. Moreover, the economy is transitioning towards renewable and sustainable energy sources, making the use of affordable and clean Compressed Natural Gas (CNG) a reality under the present administration.” Dr. Ganduje said.
On infrastructure
Dr. Ganduje said” Mr. President has approved the construction/completion and rehabilitation of several road projects across the country to include the Kano – Abuja Road, Kano – Eastern Bypass Road Project, the 700 Km Lagos – Calabar Coastal Road, the 1000 Km Badagry – Sokoto Road, the 3500 Units Renewed Hope Housing Cities and Estates now being built in 13 states of the country.”
APCAp
“We are gradually restructuring our party into a truly grassroots progressive party, we have directed our State Chapters to liaise with their respective Governors and other stakeholders to ensure that we have full-fledged, functional offices in every political ward and state to enable our members across the country to have symbolic representation in their neighbourhood,” the National Chairman said.
Dr Ganduje further said “We are reinvigorating the party to ensure that come to 2027 election, we will retain and get new State Governors, as well as President to secure another mandate to continue with his government’s policies and programmes”.
Highlighting some of the achievements of APC’s Administration, Nigeria’s Vice President Kashim Shettima, represented his Special Adviser General on Duties, Mr. Aliyu Umar said, “Indeed, His Excellency, President Bola Tinubu, has made the difficult but necessary choices to ensure Nigeria’s long-term stability and prosperity are never in doubt. He has chosen a path that, although demanding, promises to save our nation from economic downfall. This began with the calculated removal of the fuel subsidy”.
“This decision was not made for its own sake but to redeem the reality of the nation’s unsustainable debt service-to-revenue ratio, which had grown to alarming levels over the past few years”.
“Our commitment to education is evident in the launch of the student loan scheme, with Mr. Jim Ovia appointed to lead the Nigerian Education Loan Fund”.
“This initiative will empower our youth and ensure that they have the resources needed to succeed, and I assure you that the policy is in place to offer interventions to vulnerable or disadvantaged Nigerians without discrimination or favouritism”.
“As leaders, we must shoulder the responsibility of our decisions. We must be guided by data and a clear vision for our nation, we also appeal for patience and collective effort from all Nigerians as we work towards a future of safety, prosperity, and optimism that serves all,” Vice President Shettima said.
The Chairman Board of Trustees the APC Professionals Forum and Former Bauchi State Governor, Dr. Isa Yuguda said if any Nigerian still questions how subsidy payments have drained the country’s resources, they should take note of how State governments now receive more than double their previous allocations from the Federation Account Allocation Committee (FAAC).
“The reform-minded Tinubu administration also unified the exchange rates which inevitably sent those benefiting from arbitrage out of business. And of course, it did not take before Nigeria began to reap the benefits as the economy grew by 3.46% in the fourth quarter of 2023 compared with 2.54% in the preceding quarter. Also Capital importation was up by 66% in Q4 of 2023 compared to a 33% decline in previous quarter,” the Party’s Board of Trustees Chairman explained
“Let us not forget how oil production has grown steadily since the second quarter of 2023 from 1.22m barrels per day to 1.55m barrels per day which means additional resources even as non-oil revenue continue to rise as a result of financial re-engineering of the Tinubu administration”. Dr. Yuguda said.
The inaugural policy round-table seeks to enlighten Nigerians about the key policies and programs of President Bola Tinubu’s administration, while also highlighting the accomplishments of the APC-led government.
The event also aims to raise awareness and foster understanding among Nigerians about the administration’s efforts and progress to date.
Lateefah Ibrahim
