Tag: President Muhammadu Buhari

  • We’ve Introduced Measures to Support Economy, Weakest Members of Society & More – Buhari’s Nigeria @60 Address

    We’ve Introduced Measures to Support Economy, Weakest Members of Society & More – Buhari’s Nigeria @60 Address

    INDEPENDENCE DAY ADDRESS BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA ON THE OCCASION OF NIGERIA’S SIXTIETH INDEPENDENCE ANNIVERSARY, THURSDAY 1ST OCTOBER 2020

    Fellow Nigerians

    I speak to you today as your President and fellow citizen on this epoch occasion of our country’s 60th independence Anniversary. As President, I wish to renew my appreciation to Nigerians for entrusting me with your hopes and aspirations for a better and greater Nigeria.

    Nigeria’s President Muhammadu Buhari in a national broadcast session, delivering an address to mark the nation’s 60th independence day, October 1, 2020. PHOTO: FEMI ADESINA
    1. Today, it is my unique privilege to re-commit myself to the service of this great country of great people with profound diversities and opportunities. We are bound by destiny to be the largest and greatest black nation on earth.
    2. At this stage in our nationhood it is important that we reflect how we got here to enable us work TOGETHER to get to where we aspire to be as a strong indivisible nation, united in hope and equal in opportunity.
    3. On October 1st 1960 when Prime Minister Alhaji Abubakar Tafawa Balewa received the constitutional instruments symbolizing Nigeria’s independence, he expressed his wish that having acquired our rightful status as an independent sovereign nation, history would record that the building of our nation proceeded at the wisest pace.
    4. This optimism was anchored on the peaceful planning, full and open consultation and harmonious cooperation with the different groups which culminated in Nigeria emerging as a country without bitterness and bloodshed.
    5. Our founding fathers understood the imperative of structuring a National identity using the power of the state and worked towards unification of Nigerians in a politically stable and viable entity.
    6. That philosophy guided the foundation that was laid for our young nation of 45 million people with an urban population of approximately 7million occupying an area of 910,768 square kilometers. These demographics led to development challenges for which major efforts were made to overcome.
    7. Today, we grapple with multiple challenges with a population exceeding 200million occupying the same land mass but 52% residing in urban areas.
    8. Sixty years of nationhood provides an opportunity to ask ourselves questions on the extent to which we have sustained the aspirations of our founding fathers. Where did we do the right things? Are we on course? If not where did we stray and how can we remedy and retrace our steps?
    9. Upon attaining independence, Nigeria’s growth trajectory was anchored on policies and programmes that positively impacted on all sectors of the economy. However, this journey was cut short by the 30-months of civil war.
    10. We came out of the civil war with a focus on reconstruction, rehabilitation and reconciliation that enabled the country to put in place world class development structures and a strengthened public service that well served the government. This positive trajectory continued with a return to democratic government which was truncated by another round of military rule.
    11. For a cumulative 29 of our 60 years existence as a nation, we have been under military rule.
    12. My summary of our journey so far as a nation is necessary to appropriately chart where we need to go and how to get there TOGETHER.
    13. Today, I am aware that our economy along with every single economy in the world is in crisis. We still face security challenges in parts of the country, while our society suffers from a high loss of moral rectitude which is driven by unbridled craving for political control.
    14. An underlying cause of most of the problems we have faced as a nation is our consistent harping on artificially contrived fault-lines that we have harboured and allowed unnecessarily to fester.
    15. In addition, institutions such as civil service, police, the judiciary, the military all suffered from a general decline.
    16. We need to begin a sincere process of national healing and this anniversary presents a genuine opportunity to eliminate old and outworn perceptions that are always put to test in the lie they always are.
    17. The stereotype of thinking of ourselves as coming from one part of the country before seeing ourselves as Nigerians is a key starting point to project us on the road to our deserved nation’s evolution and integration.
    18. To start this healing process, we are already blessed with the most important asset any nation requires for such – OUR PEOPLE – and this has manifested globally in the exploits of Nigerians in many fields.
    19. It has been demonstrated time and time again that Nigerians in the diaspora frequently excel in science, technology, medicine, sports, arts and many other fields.
    20. Similarly, the creativity, ingenuity and resourcefulness of the Nigerian at home have resulted in globally recognized endeavours.
    21. I am convinced that if we pursue our aspirations TOGETHER we would be able to achieve whatever we desire. That informed our adopting the theme TOGETHER to mark this epochal event.
    22. Together we can change our condition for the better and more importantly, together we can do much more for ourselves and for our country.
    23. I chose the path of self-reflection because this is what I do on a daily basis and I must confess that at most times, I always felt the need for a collective reflection as I know that the foundation for a solid future which this administration is laying can only be sustainable if there is a collective commitment by Nigerians.
    24. Nigeria is not a country for Mr. President, any ruling or opposition party but a country for all of us and we must play our part, irrespective of challenges we face, to make this country what we desire.
    25. To achieve this, we must focus our minds, TOGETHER as a people, on ways of resolving the identified critical challenges that underlie our present state. These include:
    26. Evolving and sustaining a democratic culture that leaves power in the hands of the people;
    27. Supporting the enthronement of the rule of law, demanding accountability of elected representatives and contributing to good governance;
    28. Increasing our commitment to peaceful co-existence in a peaceful, secure and united Nigeria;
    29. Harnessing and Optimizing our tremendous human and natural resources to attain our goal of being in the top twenty economies of the world and in the process;
    30. Lifting 100 million Nigerians out of poverty in 10 years;
    31. Strengthening institutions to make them stronger in protecting National Interests; and
    32. Imbibing tolerance in diversity.
    33. I am a firm believer in transparent, free, fair and credible elections as has been demonstrated during my period as a democratically elected President.
    34. The recent build-up and eventual outcome of the Edo State elections should encourage Nigerians that it is my commitment to bequeath to this country processes and procedures that would guarantee that the people’s votes count.
    35. The problems with our electoral process are mainly human induced as desperate desire for power leads to desperate attempts to gain power and office.
    36. Democracy, the world over and as I am pursuing in Nigeria, recognizes the power of the people. However, if some constituencies choose to bargain off their power, they should be prepared for denial of their rights.
    37. This call is made more urgent if we realise that even after a transparent, free, fair and credible election, desperation leads to compromising the judiciary to upturn legitimate decisions of the people.
    38. It is necessary to, therefore support the enthronement of the rule of law by avoiding actions which compromise the judiciary.
    39. Fellow Nigerians, our history has shown that we are a people that have the capacity to live peacefully with one another.
    40. As a government, we remain committed to our constitutional oath of securing the lives and properties of the citizenry. I, however, call on the citizenry to also support government by providing the necessary community level intelligence in addressing these challenges.
    41. In moving forward together, it is important to strengthen our economy to provide sustainable means of livelihood for as many Nigerians as possible so as to eradicate absolute poverty from our midst.
    42. I want to re-emphasize my dedication and commitment, a dedication and commitment that propelled my public service career and informed my quest to continually seek for an opportunity to improve the lives of Nigerians, set the country on the path of prosperity and lead the country to a better future.
    43. This administration has been focused on rebuilding and laying the foundations for a sustainable Nigeria. Of course, we have met and are still meeting the challenges inherent in any rebuilding initiative – more so that of a nation like Nigeria that has undergone avoidable levels of deprivation – but can be surmounted if we all work together.
    44. I wish to re-iterate that our people and our spirit of excellence remains our most important asset.
    45. In this wise, the need to return to our age-old ethical and high moral values would be necessary and this informed my launching of the National Ethics and Integrity Policy on Monday 28th September, 2020.
    46. The policy would not implement itself and the first contact of the visibility of its implementation is the Public Service whose on-going reforms would be expected to be sustainable and give a radical re-direction in providing services to all Nigerians.
    47. Fellow Nigerians, in addition to public health challenges of working to contain the spread of the Coronavirus, we have suffered a significant drop in our foreign exchange earnings and internal revenues due to 40 per cent drop in oil prices and steep drop in economic activities, leading to a 60 per cent drop in government revenue.
    48. Our government is grappling with the dual challenge of saving lives and livelihoods in face of drastically reduced resources.
    49. In this regard, sustaining the level of petroleum prices is no longer possible. The government, since coming into office has recognized the economic argument for adjusting the price of petroleum. But the social argument about the knock-on effect of any adjustment weighed heavily with the government.
    50. Accordingly, in the last three years, we have introduced unprecedented measures in support of the economy and to the weakest members of our society in the shape of:
    51. Tradermoni
    52. Farmermoni
    53. School Feeding Programme
    54. Job creation efforts
    55. Agricultural intervention programmes
    56. No government in the past did what we are doing with such scarce resources. We have managed to keep things going in spite of the disproportionate spending on security. Those in the previous Governments from 1999 – 2015 who presided over the near destruction of the country have now the impudence to attempt to criticize our efforts.
    57. In the circumstances, a responsible government must face realities and take tough decisions.
    58. Petroleum prices in Nigeria are to be adjusted. We sell now at N161 per litre. A comparison with our neighbours will illustrate the point;
    59. Chad which is an oil producing country charges N362 per litre
    60. Niger, also an oil producing country sells 1 litre at N346.
    61. In Ghana, another oil producing country, petroleum pump price is N326 per litre.
    62. Further afield, Egypt charges N211 per litre. Saudi Arabia charges N168 per litre. It makes no sense for oil to be cheaper in Nigeria than in Saudi Arabia.
    63. Fellow Nigerians, to achieve the great country we desire, we need to solidify our strength, increase our commitment and encourage ourselves to do that which is right and proper even when no one is watching.
    64. Fellow Nigerians, let us collectively resolve to continue our journey beyond the sixty years on the clear understanding that as a nation we are greater together than being smaller units of nationalities. By the special grace of God we shall come through any transient challenges.
    65. It is my sincere hope that by the end of this anniversary on September 30th 2021, we will all be proud of taking this individual and collective self-assessment for the progress of our great Nation.

    Long Live the Federal Republic of Nigeria.

    God Bless us all. Thank you.

    Photos:

  • As Military Head, I Fought Corruption Headlong, President Buhari Recalls, Meets Jonathan Over Mali

    As Military Head, I Fought Corruption Headlong, President Buhari Recalls, Meets Jonathan Over Mali

    • At Launch Of National Ethics And Integrity Policy, President Buhari Calls For Rediscovery Of Our Cherished Traditional Ethical Values
    • Mali: Ecowas To Deliberate Again On Grey Areas, As Special Envoy, Goodluck Jonathan Briefs President Buhari

    President Muhammadu Buhari has declared that the National Ethics and Integrity Policy “projects government’s aspiration for rediscovery of our cherished traditional ethical values of honesty, integrity, hard-work, truth and justice, unity, faith, and consideration for one another irrespective of status or background. Corruption and corruptive tendencies are abhorrent to these core ethical values.”

    The President said this Monday in Abuja at the Independent Corrupt Practices and Other Related Offences Commission (ICPC) 2nd National Summit on Diminishing Corruption and launch of the National Ethics and Integrity Policy, an event to mark the 20th anniversary of the establishment of the anti-corruption agency. The Policy was put together by the ICPC, in collaboration with the Office of the Secretary to Government of the Federation, and the National Orientation Agency.

    The President recalled that, “as military Head of State, I fought corruption headlong and held public officers who abused their office or misused public funds to account. Furthermore, I introduced the War Against Indiscipline (WAI), one of whose cardinal objectives was promotion of our cherished culture of ethical conduct, integrity and hard work.

    “I recognized in 1984 as I do even more now that corruption poses a clear danger to Nigeria, so, we cannot relent in efforts to eradicate it from our society. As I have often reminded Nigerians, ‘If we do not kill corruption, corruption will kill Nigeria.’”

    He reiterated his belief that progress could only be achieved in the delivery of dividends for the citizenry when the arms and tiers of government work together.

    “I believe that it is when the three arms and the three levels of government work together that government will be enabled to serve the country. We will also see the positive impact of our efforts reaching all and sundry across the country.”

    According to the President, “bearing this critical factor in mind, I am happy that the theme of this year’s Summit by ICPC is, TOGETHER AGAINST CORRUPTION. I am aware that this theme derives from the theme of our 60th anniversary celebration. Together as a nation, as a people, the three arms and three tiers of government working together, we can attack corruption and realize the vast potentials of our country.”

    President Buhari reiterated his earlier call on the judiciary to undertake reforms that will fast-rack delivery of justice for the common good.

    “We need to deploy resources to address our common needs rather than the greed of a callous few. We need a corruption-free public sector to achieve this transformation; we need a judicial system that dispenses justice without undue delay and technicality.

    “We need laws and legal system to be reformed to deliver justice to every citizen without regard to status and finally we need ethical re-orientation of the people to achieve this goal. When we work together against corruption we can defeat it.”

    He emphasized that enlightening Nigerians on preventive measures remains the key component in fighting corruption and commends ICPC in this regard.

    “I wish to reiterate the role of preventive measures, public education and enlightenment against corruption. This government through the Open Treasury initiative, TSA, GIFMIS, BVN and many more is implementing different corruption prevention measures to track and retain government revenue for the use of the people.

    “I commend the ICPC for its enforcement and prevention measures including system review of capital and personnel budget, regular analysis of the Open Treasury platform, enforcement action against diversion and mismanagement of public funds, working with the Federal Inland Revenue Service to increase the number of companies and persons within the tax net, tracking of constituency project budget utilization for the benefit of ordinary Nigerians and its monitoring of implementation of budget by the Executive in key sectors like Agriculture sector.”

    Apart from presenting publications by the Commission, President Buhari also commended and presented awards to Opeyemi Peter Adeboye, Chikezie Favour and Matilda Daniels winners of the ICPC Youth Music and Essay Competitions on promotion of anti-corruption values as well as the 2020 Public Service Integrity Awardees; CSP Francis Osagie Erhabor of the Nigeria Police and Hamza Adamu Buwai of the Federal Ministry of Industry, Trade & Investment who demonstrated the will to look away from graft and corruption.

    He told them, “I congratulate all the awardees. Even though COVID-19 has not permitted the kind of ceremony that you deserve, Nigeria is proud of you. You are a pride to your families, institutions and to Nigeria.”

    There were goodwill messages from the Senate President Ahmed Lawan, Chief Justice of Nigeria, Ibrahim Tanko Mohammed, Governor Kayode Fayemi of Ekiti State, Minister of Justice and Attorney General Abubakar Malami (SAN) and United Nations Resident Coordinator Edward Kallon. The UN Coordinator particularly said the level of transparency in fighting corruption under President Muhammadu Buhari was ‘unequivocal.’

    In another development, Heads of State and Government of the Economic Community of West African States (ECOWAS), at the behest of their Chairman, President Nana Akufo-Addo of Ghana, may confer again to discuss outstanding grey areas in the Mali political situation, President Muhammadu Buhari has indicated.

    The President spoke after receiving briefing at State House, Abuja, Monday, from ECOWAS Special Envoy to Mali, former Nigerian President, Dr Goodluck Jonathan.

    Mali has appointed a civilian as Interim President, who will stay in office for 18 months, and lead the country back to constitutional order, after the military had taken over power in the country. That was part of irreducible demands by West African leaders before sanctions imposed on the country could be lifted.

    However, according to the Special Envoy, the military leaders are yet to satisfy ECOWAS demand of a full civilian as Vice President, and what his roles would be in government. That position is currently being held by a serving military officer, who was also one of the leaders of the take-over.

    President Buhari counseled the Special Envoy to present a formal report to the new ECOWAS Chairman, President Nana Akufo-Addo of Ghana, “who will then write us officially, and we then determine the next steps.”

    The President said with about two-thirds of Mali currently under occupation by terrorists, “the priority of the military should be to secure their country,” rather than hold on to power.

  • Guinea Bissau at 47: President Buhari Pledges Nigeria’s Increased Support for Stability

    Guinea Bissau at 47: President Buhari Pledges Nigeria’s Increased Support for Stability

    President Muhammadu Buhari Thursday pledged that Nigeria will continue to assist Guinea-Bissau in any way possible, saying ‘‘a peaceful and prosperous Guinea-Bissau is a win for West Africa and for Africa.’’

    According to Special Adviser on Media and Publicity, Femi Adesina, the President joined the Heads of State and Government of Senegal, Mauritania and Burkina Faso to celebrate the 47th independence anniversary of Guinea Bissau at the 24 de Setembro National Stadium, Bissau.

    Speaking at the event, President Buhari said he was proud of the support Nigeria provided to past electoral processes in the West African country’s commendable efforts to entrench democracy.

    ‘‘This support can only be increased under my tenure,’’ he said.

    The President also placed on record Nigeria’s contribution of troops under the auspices of ECOWAS Mission in Guinea Bissau (ECOMIB), noting that they played an important role in maintaining peace and security.

    Congratulating President Umaro Sissocco Embalo, the government and people of Guinea Bissau on the 47th Independence anniversary, the Nigerian leader said it was his sincere hope and prayer that Guinea-Bissau and its people will continue to grow in strength and prosperity.

    He also expressed good wishes for greater achievements in the years ahead for the West African country.

    President Buhari said:

    ‘‘I feel delighted because this is my first official visit to Guinea Bissau since my assumption of office in 2015 and because I am here to join you, brotherly people of Guinea Bissau, as you celebrate this great day with renewed hope and aspiration.

    ‘‘I am truly grateful for the warm reception accorded me and my delegation, since our arrival in this city.

    ‘‘As you mark your freedom as a nation “free forever’, let me seize this opportunity to salute all Bissau Guineans both at home as well as in the Diaspora, for the strides you have made as a country. Permit me to say Parabens! Congratulations!’’

    President Buhari recounted that on September 10, 1974 Guinea Bissau declared its independence from Portugal, after a protracted struggle for freedom, which brought Portuguese colonization to an end.

    ‘‘It is fitting on this august occasion to remember your forebears and to celebrate them for the sacrifices they made for you to be free.

    ‘‘The highest tribute we can pay them is to build on the gains of independence. It is my sincere prayer that your country will continue on the path of national cohesion, growth and unity,’’ he said.

    On the return to democracy in the West African country, President Buhari noted that in the aftermath of the peaceful presidential elections in 2019, which ushered in the present administration of President Embalo, Guinea Bissau had a great opportunity to unleash the great economic potential of this country.

    ‘‘The international community attested to the fairness of the elections now endorsed by the Supreme Court of Guinea Bissau.

    ‘‘I, therefore, congratulate you, the people of Guinea-Bissau for this achievement and urge you to sustain your unity of purpose,’’ he said.

    The Nigerian leader also used the occasion to reflect on the excellent relations between Nigeria and Guinea, pledging that his administration will take it to a new height.

    ‘‘Relations between Nigeria and the Republic of Guinea Bissau which dates back to the country’s liberation struggle against Portugal have been extremely warm.

    ‘‘I am determined to carry this excellent relationship to the next level of fruitful cooperation and partnership, together with my brother Umaro Embalo,’’ he said.

    On regional integration, President Buhari stressed the need for ECOWAS member countries to remain committed to realising the vision of its founding fathers.

    ‘‘It is my desire that Nigeria and Guinea-Bissau as well as other member countries of the Economic Community of West African States (ECOWAS) will continue to provide the impetus in realizing the objectives and ideals of its Founding Fathers and to ensure security, peace and development of our region,’’ he said.

    The President thanked President Embalo, the government and good people of the Republic of Guinea-Bissau for being a good host to Nigerians resident in the country, saying ‘‘colonial boundaries will never break the bond of kinship that binds us’’.

    Later in the capital city of Bissau, President Buhari commissioned a road named in his honour.

  • Buhari, PDP Mourn Passing of Fayose’s Elder Sister

    Buhari, PDP Mourn Passing of Fayose’s Elder Sister

    President Muhammadu Buhari and the Peoples Democratic Party (PDP) have commiserated with a former Ekiti State governor, Ayo Fayose, and his family over the passing of his beloved elder sister, Moji Ladeji (nee Fayose).

    The former governor had Wednesday announced the passing of his sister via Twitter: “On behalf my family, I announce the death of my immediate elder sister, Mrs. Moji Ladeji. She died today, after a brief illness.

    “We are pained by your departure, but consoled by the God fearing and exemplary life that you lived.

    “May the soul of Sister Moji rest in peace.”

    Buhari, in a condolence message, By his Special Adviser on Media and Publicity, Femi Adesina, condoled with the nuclear family of the deceased, the larger Fayose and Ladeji families, friends, relations and associates, urging them to take heart, since death is the ultimate end of all mortals.

    The President prayed that the soul of the departed would rest in peace.

    Also, PDP said it shared in the pain of the Fayose and Ladeji families, describing the departed sister as an exceptionally good-hearted personality who stood beside his brother with wise counsel and prayers.

    “Indeed, our party shares in the pain of the Fayose and Ladeji families and our thoughts and prayers go out to them at this moment of grief.

    “Madam Moji Ladeji was an exceptionally good-hearted personality who stood beside his brother, former Governor Ayo Fayose, with wise counsel and prayers, which immensely contributed to his success as governor.

    “In our grief, we are however consoled that Madam Ladeji lived as a devout Christian and we believe that she has found rest in the bosom of the Saviour.

    “Our party commiserates with the Fayose and Ladeji families and prays God to grant them the fortitude to bear this irreparable loss,” PDP said in a condolence message by its National Publicity Secretary, Kola Ologbondiyan.

    Idowu Sowunmi

  • Photos: Federal Executive Council [FEC] Meeting Underway in Abuja

    Photos: Federal Executive Council [FEC] Meeting Underway in Abuja

    Before the FEC meeting, Vice President Yemi Osinbajo speaks with Minister of Information and Culture, Lai Mohammed and one other FEC member at the Council Chambers, State House, Abuja.
    A screenshot of other FEC members who joined the meeting electronically.
    President Muhammadu Buhari stands at attention while the Nigerian national anthem is rendered.

     

  • UN Lauds Buhari for Improving Humanitarian Access in North-east

    UN Lauds Buhari for Improving Humanitarian Access in North-east

    The United Nations Under Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator, Mark Lowcock, has commended the President Muhammadu Buhari-led Federal Government for improving humanitarian access in the North-east region.

    Lowcock said the Buhari Administration “has taken important steps to improve access to people in need” who are in critical need.

    This commendation was coming amidst international concerns on the activities of terrorists and violent extreme groups in the North-east.

    READ ALSO:

    Cooperate With Government to Secure Peace, Development – Buhari Urges Kaduna Residents

    Some international humanitarian non-governmental organisations have been worried over their inability to operate effectively and distribute relief materials in parts of the North-east, because of security concerns especially in some remote areas of Borno State.

    Reacting to the Buhari administration’s intervention and new arrangement, Lowcock, during a briefing last week, said: “I am pleased to report we have had constructive engagements in recent days with the Nigerian authorities, and the government has taken important steps to improve access to people in need, which we look forward to building on further.”

    The UN chief had earlier expressed concern about the unpalatable situation in the North-east.

    He said: “In North-east Nigeria, as we told you…violence by extremist non-state armed groups is largely responsible for driving up humanitarian need.”

    It would be recalled that in a bid to reverse the trend and ensure effective access to vital food supplies, the Minister of Humanitarian Affairs, the National Security Adviser and members of the National Humanitarian Coordination Committee, escalated the matter to the Presidency.

    The President in turn mandated Vice President Yemi Osinbajo to work with the committee, governors in the region and relevant ministries, departments and agencies, including service chiefs to resolve the matter in conjunction with international concerned organisations and multilateral agencies operating in the region.

    READ ALSO:

    Nigeria-Ghana Relation: Buhari, Akufo-Addo Meet At State House Abuja

    The Vice President held series of meetings, bringing together the governors, all the relevant government agencies and representatives of international agencies and organisations.

    This intervention led to a renewed and coordinated effort of providing a new template that supported the activities of the non-governmental organisations and offered a more secured access to the areas in question, explained a statement by Buhari’s Special Adviser on Media and Publicity, Femi Adesina.

    Idowu Sowunmi

  • We Just Have To Take Loans for Infrastructure – President Buhari Explains

    We Just Have To Take Loans for Infrastructure – President Buhari Explains

    President Muhammadu Buhari Tuesday justified government borrowing to finance infrastructure, asserting that his government took loans in the interest of the country to solve the dire shortfall in infrastructure.

    Speaking at a virtual meeting with members of the Presidential Economic Advisory Council (PEAC) at the State House, in Abuja, President Buhari said the country must fix its roads to save lives from soaring road accidents.

    “We have so many challenges with infrastructure. We just have to take loans to do roads, rail and power, so that investors will find us attractive and come here to put their money,’’ the President said after listening to a presentation by PEAC chaired by Professor Ayo Salami.

    He regretted that the failure to provide the infrastructure for effective transportation deprived the country of its well-deserved status as the West African hub for Air cargo transportation and trans-shipment of goods.

    On the issue of the economy, President Buhari noted the challenges posed by the “collapse of the oil market” and the decision of government to abide by the reduced oil production quota allocated by the Organisation of the Petroleum Exporting Countries (OPEC).

    “We have to accept that decision; otherwise they (Middle-East producers) can flood the market and make the product unviable. So we have cooperated with what we get. With oil, we are in a difficult situation. The politics of oil is that the less you produce, the more you earn,” he said.

    President Buhari also stressed the position of agriculture in the government’s scheme to reduce joblessness and poverty.

    “For us to bounce back to productivity, especially in agriculture, the unemployed with many of them uneducated had to be persuaded to go into agriculture.

    ‘‘If we hadn’t gone back to the lands we would have been in trouble by now. That is why we virtually stopped the importation of food thereby saving jobs and foreign exchange.”

    The President also broached the issue of COVID-19 pandemic and how it necessitated the recent government policies as they relate to energy (electricity) and fuel.

    He said the Federal government took such decisions because it places the country above politics.

    “COVID has reduced us to the same level as developed countries.

    ‘‘We are lucky we went back to the land. We eat what we produce. We are doing our best to secure the country and provide infrastructure for investment to be viable in the country,” he said.

    Commending the Chairman and the members of the council for their patriotism and service to the nation, President Buhari pledged to continue to draw from their wisdom, knowledge and experiences as the nation deals with challenging economic times.

    Earlier, Prof Salami had in his presentation highlighted the Council’s recommendations on poverty reduction and stimulation of non-debt investment inflows, as promised at their last meeting.

    The council recommended steps for the effective implementation of government’s plan to lift 100 million Nigerians out of poverty, as well as measures to curb poverty disparity in Nigeria.

    The council promised to set out a full policy paper that would, in the first instance, stop more Nigerians from falling into poverty and thereafter, further plans on reducing the poverty headcount in the country.

    The PEAC also outlined a number of measures aimed at aggressively increasing the country’s non-debt investment inflow, including measures to improve investor perception of the country and the proposed establishment of a 5 billion – 10 billion dollars investment and growth fund to invest in.

    The PEAC used the opportunity of the meeting to express support and solidarity with the administration on its recent policies.

    It listed the implementation of reforms encapsulated in the Companies and Allied Matters Act (CAMA) 2020 recently signed into law, the reforms in the energy sector, bringing electricity and fuel prices in line with the market, and the decision of the Central Bank of Nigeria to merge the exchange rate of the naira versus other foreign currencies.

  • Adesina Visits Buhari, Describes Him as His Defender-in-Chief

    Adesina Visits Buhari, Describes Him as His Defender-in-Chief

    President of African Development Bank (AfDB), Akinwumi Adesina, has described President Muhammadu Buhari as his Supporter-in-Chief and his Defender-in-Chief.

    He said Nigeria gave him air, “when I badly needed it in my lungs,” and pledged to always support the country in his private capacity, and as AfDB President.

    President Buhari receives in Thank You Visit President of African Development Bank Dr Akinwunmi Adesina in State House on 10th Sep 2020

    Adesina had to battle stiff opposition last month to win an unprecedented 100 per cent votes from the regionals and non-regionals that make up the bank, and was inaugurated for second term of five years as AfDB President on September 1.

    He thanked Buhari and Nigerians for their support, saying he was proud to be a citizen of the country.

    “Home is where dreams are born. Home is where nurturing is provided. It is where support is given for realisation of dreams. I am glad to belong here.

    “When I came in June, you received me, and I shared my successes, and the difficulties facing me. You listened, and said you would stand by me. And you did. You not only stood behind me, but also beside me. No greater honour for a man than for his Commander-in-Chief to be his Supporter-in-Chief, and his Defender-in-Chief,” Adesina said, while paying courtesy visit to Buhari at State House in Abuja on Thursday.

    President Buhari receives in Thank You Visit President of African Development Bank Dr Akinwunmi Adesina in State House on 10th Sep 2020

    In his remarks, Buhari gave extensive reasons for supporting the newly re-elected President of African Development Bank (AfDB), Akinwumi Adesina.

    Buhari said: “I congratulate you on your second and final term in office. Congratulations on winning the election. Nothing succeeds like success.

    “I have told so many people why I backed you.

    “In 2015, at your first term, you were a Minister with the People’s Democratic Party (PDP) government, and I was of the All Progressives Congress (APC).

    “But you are a good Nigerian. So I recommended you the first time. You proved to be competent, you made us proud, and I recommended you the second time.”

    The President commended Adesina for his support for Africa in general, and Nigeria in particular, noting that the infrastructural deficits the country has in roads, rail, power, could not be overcome without support.

    “There can’t be sustainable development without infrastructure. Our efforts should be seen in the context of lack of resources, but you do your best to support us. I wish you all the best in your final term,” Buhari said, in a statement by his Special Adviser on Media and Publicity, Femi Adesina.

    Photos:

    Idowu Sowunmi

  • Photos: President Buhari presides over Council of State Meeting

    Photos: President Buhari presides over Council of State Meeting

    President Buhari presides over Council of State Meeting in State House on 27th Aug 2020