On Thursday, the Minister of Information and National Orientation, Mohammed Idris, announced that President Bola Tinubu is firmly committed to reducing the cost of living and business operations across Nigeria.
As President Tinubu approaches his first anniversary in office on May 29, 2024, Idris clarified that there would be no celebratory events. Instead, starting today, sectoral briefings by ministers will commence, offering accounts of their performance and initiatives.
During the opening of the Ministerial Sectoral briefing in Abuja, Idris emphasized the President’s dedication to enhancing Nigerians’ financial well-being by increasing disposable income. He also highlighted ongoing efforts to attract local and foreign investments, aiming to significantly upgrade the nation’s infrastructure.
Idris assured that the administration would persist in its efforts until it successfully delivers renewed hope to all Nigerians. He stated, “As I mentioned in my remarks at an event on the Renewed Hope Agenda last week, I am confident that life will improve for Nigerians. Over the past 12 months, we have laid a solid and enduring foundation.
“Landmark initiatives such as the Consumer Credit Corporation, the Nigeria Education Loan Fund, the Presidential Initiative on Compressed Natural Gas, the 200 billion naira Presidential Grant and Loan Scheme, our Agriculture and Food Security efforts (including the launch of Dry Season Farming and massive fertilizer distribution), and the Renewed Hope Infrastructure Development Fund, among others, are policies and programs designed to directly improve the lives and livelihoods of tens of millions of Nigerians.
“President Tinubu is fully committed to lowering the cost of living and doing business in Nigeria, increasing the disposable income of Nigerians, attracting more local and foreign investments, and transforming our nation’s infrastructure. We will not pause or relent until we have delivered truly renewed hope to all Nigerians.”
Ministers scheduled to speak today include the Minister of the Federal Capital Territory, Nyesom Wike; Minister of Youth Development, Dr. Jamila Ibrahim; Minister of Steel Development, Shuaibu Audu; Minister of Health, Muhammad Pate; Minister of Defence, Mohammed Badaru; and Minister of Justice, Lateef Fagbemi.
These briefings are expected to provide insights into the progress and challenges within their respective ministries, offering a transparent overview of the administration’s efforts and accomplishments during its first year.
