30th July, 2024
Minister of Defence, Mohammed Badaru Abubakar has called on the organizers of the proposed protest to shelve the idea and come to a roundtable and dialogue with Federal Government as Tinubu’s reforms have started yielding fruitful results.
He added that the nation’s economy is on a gradual but steady path of recovery and assured citizens that this administration will do more to meet their needs.
According to the Minister, the reforms initiated by the President have started improving the lives of Nigerians as the economic growth in Q1 2024 was the second fastest first-quarter growth in the last six years.
“There is serious improvement in security as most of the roads and highways hitherto closed due to insecurity have been opened. Herders and farmers clashes have been solved by the creation of Livestock Ministry and many farmers have returned to their farms.
“”Mr. President is supporting the farmers and has encouraged State Governors to do same. Also, there is massive surrendering of terrorists and high profile terrorist kingpins have been arrested.
“Another example of President Tinubu’s initiative according to the Minister is the introduction of the Nigerian Student Loan Scheme to increase access to higher education and reduce financial burden on students,” he said.
Furthermore, Badaru said that another innovation of the President is the massive increase in funding for infrastructure like roads, rails, energy, irrigation (Dams and Channels) through the Renewed Hope Infrastructure Development Fund (RHIDF).
Badaru opined that the innovation of selling crude oil to indigenous refining companies in Naira is another robust effort by the President and the signing of the National Minimum Wage Act into Law, which is aimed at enhancing the welfare of the Nigerian Workers are all efforts at stabilising the economy.
He also stated that another bold step taken by the President is the autonomy granted to the Local Governments for effective accountability, development at the grassroots and strengthening of governance.
The Minister said that since the launch of compressed natural gas initiative (CNG) by Tinubu, it is expected that the cost of transportation will reduce as much as 50 percent adding that, this has unlocked the nation’s huge potential in the gas sector.
“CNG conversion centres are growing exponentially across the country thereby creating job opportunities, Badaru explained.
He added that the Federal Government has also made available 30,000 kits for the conversion 30,000 petrol-powered engines at no cost within the next 90 days.
