In his New Year Address to the Nation, President Bola Ahmed Tinubu expressed gratitude for the past year and outlined ambitious plans for Nigeria in 2024.
Acknowledging the challenges faced in 2023, President Tinubu emphasized the peaceful transfer of power and highlighted the nation’s commitment to democracy over the past 24 years. He reaffirmed his dedication to improving the country’s economy, bolstering security, revitalizing industries, and enhancing national productivity.
President Tinubu addressed tough decisions made to avert fiscal catastrophe, including the removal of fuel subsidies and reforms to the foreign exchange system. Despite acknowledging the resulting discomfort for individuals and businesses, he assured citizens that these decisions were made in the country’s best interest.
Speaking to concerns about rising costs and inflation, the President empathized with the Nigerian populace, vowing to energize the nation’s faith in Nigeria’s promise and urging citizens to commit to bettering themselves and the nation in 2024.
In outlining plans for the new year, President Tinubu highlighted ongoing efforts to address security challenges, accelerate the delivery of power projects, restart local refining of petroleum products, and enhance agricultural productivity. The administration is also focusing on economic reforms to improve the business environment and attract investments.
The President emphasized the 2024 budget’s priority areas, including defense, job creation, economic stability, human capital development, poverty reduction, and social security. He pledged to ensure every Nigerian feels the government’s impact, announcing the implementation of a new national living wage for workers.
President Tinubu underscored his commitment to governance excellence, warning against poor performance among his appointees. He stressed the establishment of a unit in the Presidency to enhance policy coordination, evaluation, monitoring, and delivery.
As he concluded, President Tinubu called for collective efforts in building a fair, equitable society and urged unity among Nigerians, irrespective of differences. He invited political opponents to collaborate for the country’s betterment.
The President’s message closed with an optimistic outlook, encouraging citizens to work together for a prosperous and stable Nigeria in the coming year.