{"id":2434,"date":"2024-08-04T08:41:46","date_gmt":"2024-08-04T08:41:46","guid":{"rendered":"https:\/\/attajdidnews.com.ng\/?p=2434"},"modified":"2024-08-04T08:41:48","modified_gmt":"2024-08-04T08:41:48","slug":"summary-of-president-tinubus-nationwide-address","status":"publish","type":"post","link":"https:\/\/attajdidnews.com.ng\/?p=2434","title":{"rendered":"Summary of President Tinubu&#8217;s Nationwide Address:"},"content":{"rendered":"\n<p>Summary of President Tinubu&#8217;s Nationwide Address:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Fuel subsidy removal is necessary.<\/li>\n<\/ul>\n\n\n\n<p>*Commiserates with victims&#8217; families over the death of their loved ones.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Urge protesters to stop the protest.<\/li>\n\n\n\n<li>Economy remains anemic.<\/li>\n\n\n\n<li>Bulk stops with him.<\/li>\n\n\n\n<li>Aggregate revenue has doubled to N9.1trn in H1 2024.<\/li>\n\n\n\n<li>Productivity gradually increasing in the non-oil sector.<\/li>\n\n\n\n<li>Revenue to debt-service reduced to 68% in the last 13months from 97%.<\/li>\n\n\n\n<li>Cleared legitimate $5bn forex backlogs.<\/li>\n\n\n\n<li>Moves resulted in spending more money on Nigerians.<\/li>\n<\/ul>\n\n\n\n<p>*States are receiving record high monies ever.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Increased oil production to 1.6mbpd<\/li>\n\n\n\n<li>Investors are coming back.<\/li>\n\n\n\n<li>$500m foreign investment signed.<\/li>\n\n\n\n<li>CNG launched, to reduce transport cost by 60%.<\/li>\n\n\n\n<li>1million conversion kits to be distributed at little or no cost.<\/li>\n<\/ul>\n\n\n\n<p>*To date, N45.6bn student loan processed to students and schools.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Established N200bn consumer credit scheme.<\/li>\n\n\n\n<li>Ordered the release of N50bn each for NELFUND, Consumer credit from crime proceeds from EFCC.<\/li>\n\n\n\n<li>Secured $620m for I-DICE for digital skills.<\/li>\n\n\n\n<li>Introduced Skill-Up program<\/li>\n\n\n\n<li>N570bn released to States for livelihoods support.<\/li>\n\n\n\n<li>600,000 nano businesses have benefitted from nano grants, additional 400k businesses to benefit.<\/li>\n\n\n\n<li>10 MSMEs built so far, more hubs to be built, 240,000 jobs.<\/li>\n\n\n\n<li>N1bn each made to big manufacturers at single digit interest rate.<\/li>\n\n\n\n<li>To launch renewed hope housing estates, to create jobs and stimulate the economy.<\/li>\n\n\n\n<li>Directed tariffs be removed on rice, other foods and medicines.<\/li>\n\n\n\n<li>Distributed fertilizers.<\/li>\n\n\n\n<li>To cultivate more than 10m hectares of land to raise food production.<\/li>\n\n\n\n<li>Mechanized equipment on the way<\/li>\n\n\n\n<li>A lot of work has gone on to stabilize the economy.<\/li>\n\n\n\n<li>The Govt is working to improve National infrastructure.<\/li>\n\n\n\n<li>Let nobody misinform you that the Govt does not care about you.<\/li>\n\n\n\n<li>We are in a new era of renewed hope<\/li>\n\n\n\n<li>The results will soon be feasible to see and feel and enjoy<\/li>\n\n\n\n<li>The economy is recovering<\/li>\n\n\n\n<li>Don&#8217;t shut out the oxygen<\/li>\n\n\n\n<li>Security agencies should continue to maintain peace and order within the human rights convention<\/li>\n\n\n\n<li>Let&#8217;s choose hope over fear, unity over division, progress over stagnation<\/li>\n\n\n\n<li>Let no one use you to set us back<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Summary of President Tinubu&#8217;s Nationwide Address: *Commiserates with victims&#8217; families over the death of their loved ones. *States are receiving record high monies ever. *To date, N45.6bn student loan processed to students and schools.<\/p>\n","protected":false},"author":2,"featured_media":2435,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[59],"tags":[],"class_list":{"0":"post-2434","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"_links":{"self":[{"href":"https:\/\/attajdidnews.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/2434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/attajdidnews.com.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/attajdidnews.com.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/attajdidnews.com.ng\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/attajdidnews.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2434"}],"version-history":[{"count":1,"href":"https:\/\/attajdidnews.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/2434\/revisions"}],"predecessor-version":[{"id":2436,"href":"https:\/\/attajdidnews.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/2434\/revisions\/2436"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/attajdidnews.com.ng\/index.php?rest_route=\/wp\/v2\/media\/2435"}],"wp:attachment":[{"href":"https:\/\/attajdidnews.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/attajdidnews.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/attajdidnews.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}