Post by naijathunder on May 23, 2024 12:12:49 GMT
Akume: "In one year, Nigeria has witnessed significant progress under Tinubu."
George Akume, secretary to the government of the federation (SGF), says Nigeria has witnessed significant strides in various sectors of the economy since President Bola Tinubu assumed the reins in May 2023.
The Tinubu administration has rolled out a slew of policies that have aggravated the economic hardship on Nigerians, notably the removal of subsidy on petrol and the “float” of the naira. Speaking at the ‘Ministerial Sectoral Updates’ in Abuja on Wednesday, Akume said the administration has also rolled out social intervention programmes to mitigate the hardship.
“I make bold to say that, Nigeria, under its present stewardship, has witnessed significant policy strides in various sectors including but not limited to,” the SGF said.
“i. The Presidential accent to the 2023 Electricity Bill, a move that dismantled monopolistic control over electricity generation, transmission and distribution at the national level and granted authority to State Governments, Corporations and individuals to generate, distribute and transmit electricity, thus decentralizing the power sector;
“ii. Accent to the passage into law of the Nigeria Data Protection Bill 2023 that established a legal framework for safeguarding personal information and promoting data protection practices in Nigeria; and
“iii. The challenging but very necessary Removal of Fuel Subsidy, a longstanding policy notorious for fostering corruption, inefficiency and imposing significant fiscal strain on the government annually, and primarily benefitting the affluent and smugglers, rather than effectively aiding the general populace.
“It is apt to say that under President Tinubu’s stewardship within his first year in office, we have witnessed significant strides in various sectors of our economy.Through prudent fiscal policies and strategic investments, the Nigerian economy has shown resilience and potential for growth.
“The administration’s focus on infrastructure development, job creation and economic diversification has laid the foundation for sustainable progress and prosperity for all Nigerians. Furthermore, the government’s commitment to good governance and the rule of law has strengthened our democratic institutions and enhanced transparency and accountability in governance.”
Akume added that citizens should be part of nation building because it is not the sole responsibility of government.
“Let us therefore rededicate ourselves to the ideals of unity, peace and progress by working together towards realizing the full potential of our great nation,” Akume added.
www.thecable.ng/akume-in-one-year-nigeria-has-witnessed-significant-progress-under-tinubu/amp/
"Tinubu attracted foreign investments, reduced inflation in first year" - SGF Akume.
George Akume, the secretary to the government of the federation, says Nigeria has witnessed significant strides in various sectors in one year of President Bola Tinubu’s government. Mr Akume stated this on Wednesday in Abuja at the ministerial press briefing to mark the first anniversary of Mr Tinubu in office.
The SGF said, “Through prudent fiscal policies and strategic investments, the Nigerian economy has shown resilience and potential for growth. The president has declared his unwavering commitment to unleashing Nigeria’s full economic potential by focusing on job creation and access to capital for small and large businesses.
“Other areas of priority by the administration are inclusiveness, the rule of law, and the fight against hunger, poverty and corruption for the good of the people. It is therefore imperative that the public is made aware of such commitments, as well as the programmes and projects being pursued by the government."
Mr Akume reiterated that the country’s economy under President Tinubu had shown resilience and potential for growth within his one year in office. He added that the government was also poised to unveil measures to positively change the trajectory of the current Nigerian economy.
Mr Akume said Mr Tinubu’s commitment to enhancing the nation’s infrastructure was evident in the completion and execution of numerous projects. He listed some such projects, including the extensive road networks, improved rail systems, and the modernisation of the ports, which he explained were vital for boosting trade and connectivity.
“From the outset, President Tinubu’s administration set forth an ambitious agenda focused on economic revitalisation, social inclusion, and infrastructural development.
The government has implemented significant economic reforms aimed at stabilising our economy and fostering sustainable growth. Key among these is the introduction of policies that have attracted foreign investments, reduced inflation, and boosted job creation across various sectors,” Mr Akume explained.
He said the briefing offered an opportunity to reflect on the journey Mr Tinubu’s administration embarked upon about a year ago and to share the progress made under the president’s leadership. Mr Akume said Nigerians would also be acquainted with the giant strides taken within the first year of the present Administration.
(NAN)
gazettengr.com/tinubu-attracted-foreign-investments-reduced-inflation-in-first-year-sgf-akume/
George Akume, secretary to the government of the federation (SGF), says Nigeria has witnessed significant strides in various sectors of the economy since President Bola Tinubu assumed the reins in May 2023.
The Tinubu administration has rolled out a slew of policies that have aggravated the economic hardship on Nigerians, notably the removal of subsidy on petrol and the “float” of the naira. Speaking at the ‘Ministerial Sectoral Updates’ in Abuja on Wednesday, Akume said the administration has also rolled out social intervention programmes to mitigate the hardship.
“I make bold to say that, Nigeria, under its present stewardship, has witnessed significant policy strides in various sectors including but not limited to,” the SGF said.
“i. The Presidential accent to the 2023 Electricity Bill, a move that dismantled monopolistic control over electricity generation, transmission and distribution at the national level and granted authority to State Governments, Corporations and individuals to generate, distribute and transmit electricity, thus decentralizing the power sector;
“ii. Accent to the passage into law of the Nigeria Data Protection Bill 2023 that established a legal framework for safeguarding personal information and promoting data protection practices in Nigeria; and
“iii. The challenging but very necessary Removal of Fuel Subsidy, a longstanding policy notorious for fostering corruption, inefficiency and imposing significant fiscal strain on the government annually, and primarily benefitting the affluent and smugglers, rather than effectively aiding the general populace.
“It is apt to say that under President Tinubu’s stewardship within his first year in office, we have witnessed significant strides in various sectors of our economy.Through prudent fiscal policies and strategic investments, the Nigerian economy has shown resilience and potential for growth.
“The administration’s focus on infrastructure development, job creation and economic diversification has laid the foundation for sustainable progress and prosperity for all Nigerians. Furthermore, the government’s commitment to good governance and the rule of law has strengthened our democratic institutions and enhanced transparency and accountability in governance.”
Akume added that citizens should be part of nation building because it is not the sole responsibility of government.
“Let us therefore rededicate ourselves to the ideals of unity, peace and progress by working together towards realizing the full potential of our great nation,” Akume added.
www.thecable.ng/akume-in-one-year-nigeria-has-witnessed-significant-progress-under-tinubu/amp/
"Tinubu attracted foreign investments, reduced inflation in first year" - SGF Akume.
George Akume, the secretary to the government of the federation, says Nigeria has witnessed significant strides in various sectors in one year of President Bola Tinubu’s government. Mr Akume stated this on Wednesday in Abuja at the ministerial press briefing to mark the first anniversary of Mr Tinubu in office.
The SGF said, “Through prudent fiscal policies and strategic investments, the Nigerian economy has shown resilience and potential for growth. The president has declared his unwavering commitment to unleashing Nigeria’s full economic potential by focusing on job creation and access to capital for small and large businesses.
“Other areas of priority by the administration are inclusiveness, the rule of law, and the fight against hunger, poverty and corruption for the good of the people. It is therefore imperative that the public is made aware of such commitments, as well as the programmes and projects being pursued by the government."
Mr Akume reiterated that the country’s economy under President Tinubu had shown resilience and potential for growth within his one year in office. He added that the government was also poised to unveil measures to positively change the trajectory of the current Nigerian economy.
Mr Akume said Mr Tinubu’s commitment to enhancing the nation’s infrastructure was evident in the completion and execution of numerous projects. He listed some such projects, including the extensive road networks, improved rail systems, and the modernisation of the ports, which he explained were vital for boosting trade and connectivity.
“From the outset, President Tinubu’s administration set forth an ambitious agenda focused on economic revitalisation, social inclusion, and infrastructural development.
The government has implemented significant economic reforms aimed at stabilising our economy and fostering sustainable growth. Key among these is the introduction of policies that have attracted foreign investments, reduced inflation, and boosted job creation across various sectors,” Mr Akume explained.
He said the briefing offered an opportunity to reflect on the journey Mr Tinubu’s administration embarked upon about a year ago and to share the progress made under the president’s leadership. Mr Akume said Nigerians would also be acquainted with the giant strides taken within the first year of the present Administration.
(NAN)
gazettengr.com/tinubu-attracted-foreign-investments-reduced-inflation-in-first-year-sgf-akume/
