30 May Highlights of Tinubu’s Presidential Inauguration Speech
Bola Tinubu was on Monday sworn-in as the 16th President of the Federal Republic of Nigeria and the Commander in-Chief of the Nigerian Armed Force at a colorful ceremony held at the Eagle Square, Abuja.
In his inaugural address to the nation, President Tinubu called on Nigerians to unite in taking the country to a greater heights.
The president then reeled out key aspects of his administration’s programme, which he said, would define its concept of progressive good governance in furtherance of the Nigerian ideal. They include:
*Fuel subsidy to go. Funds hitherto spent on subsidy will instead be re-channeled into better investment in public infrastructure, education, health care and jobs that will materially improve the lives of millions.
*Security to be top priority of the administration
* Higher GDP growth and to significantly reduce unemployment through budgetary reform, promoting domestic manufacturing and lessen import dependency, and improving electricity generation, transmission and distribution networks.
*Central Bank to work towards a unified exchange rate.
*Review of the Naira redesign policy. The old and new currency to remain legal tender
*Creating more job opportunities for the youth.
* Boosting agriculture and setting up commodity exchange boards
*To focus on infrastructural development
*Foreign policy to focus on actively leading the regional and continental quest for collective prosperity.
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