News
Tinubu restates commitment to double-digit GDP
Published
4 years agoon
By
News Editor
PRESS
*Let’s secure Nigeria’s future together – APC candidate
…promises continuous open door for collaboration
All Progressives Congress Presidential Candidate, Asiwaju Bola Ahmed Tinubu, has again restated his administration’s resolve to hit a double figure Gross Domestic Product (GDP) if he wins the 2023 presidential election.
Tinubu stated this on Tuesday during his townhall meeting with the Business Community and Organised Private Sector at Eko Hotel and Suites, Victoria Island, Lagos.
The town hall session had in attendance the Vice Presidential candidate, Senator Kashim Shettima, Governors Babajide Sanwo-Olu, Simon Bako Lalong who is also the Director-General of the APC Presidential Campaign Council, Atiku Bagudu, Abdulrahman Abdulrasaq, Abubakar Badaru, Dapo Abiodun, Adegboyega Oyetola, Nasir El-Rufai and Abdullahi Ganduje as well as other party leaders and chieftains.
The business community was fully represented with President of Dangote Group, Aliko Dangote, Jim Ovia, Chairman of Zenith Bank, Tony Elumelu, Chairman of UBA, Aigboje Aig-Imoukhuede, former Chief Executive of Access Bank, Herbert Wigwe, Group Chief Executive of Access Bank and other business leaders representing sectoral groups such as agriculture, Oil and Gas, Trade, Manufacturing, creative Sector among others.
The APC presidential candidate laid out his Action Plan before the business leaders. Tinubu said having achieved similar economic success as Lagos State governor, he has the capacity to repeat the same in the country as president.
He said, “Lagos is an appropriate venue for this meeting.
“You may have heard that I was once governor of this dynamic economic force. However, may I remind you that when I first entered office, Lagos was a different story.
“My team and I developed a blueprint, a master plan, for Lagos. I can say that plan has been largely successful.
“We turned this state into a safer, more prosperous place where people can go about any legitimate vocation or venture regardless of their ethnicity, religion, region or prior social station.
“We did more than open Lagos for business. We opened the door for all Nigeria to join and experience the decent things progressive democratic governance can bring.
“We were not perfect but we did a lot.
“In doing so, we worked hand in hand with the business community as partners sharing the same goals of prosperity and renewed hope.
“Well, as you might have heard at some point recently, I now stand before you, seeking a bigger yet similar job.”
He therefore called on the Lagos Business Community to join hands with him to achieve this, stating that a viable economy requires collaboration between the political and business communities.
“Nigeria stands at the threshold between indifference and greatness, prosperity and poverty, the future and the past.
“The door is ajar. Together, let us open it so that we may cross over to the better side and secure for this beloved nation its finer destiny.
“The productive and beneficial things we seek do not lie in the sole domain of one sector. They reside in the cooperation between government and the private sector.
“I see no conflict between the business community and government. Yet, with equal conviction, I believe the private sector and government should constantly be at war.
“But they wage this battle not as enemies. They must stand as inseparable allies combating the mutual enemies of scarcity, underdevelopment, joblessness and the fear these bad things breed.
“The pragmatic problem solving and teamwork that improved Lagos, I want to bring to this nation.
“I ask your help as the task ahead is doable but also difficult,” he added.
He empathised that the nation needed to move from dependence on exporting its raw materials to nations who sell the finished products to us at exorbitant prices to one that refines its raw materials for upward export itself.
Praising the President Muhammadu Buhari-led administration for its patriotism and commitment, he itemised his administration plans to build on their achievements.
These, he said include reviving dead industries, promote agriculture, provide power, produce and use made in Nigeria goods, build infrastructure and most importantly improve the country’s security.
“From its very inception, our political economy has been imbalanced and in need of major reform. Our political economy is much too dependent on the export of raw material or unfinished goods and the import of increasingly expensive finished products. Over the course of the time, gains from natural resource exports will prove largely insufficient to meet the rising costs of imports let alone support even the most basic demands of modern democratic governance.
“The time is now to cure this lapse. And time is of the essence for it does not wait for man or nation.
“We commend the work of prior administrations, especially the present government. This government has performed with patriotism and commitment during trying times.
“We simply must go farther and faster. My experiences in both the private sector and elective office afford me a special appreciation of the economic potency that close collaboration between government and the business community can bring.
“Allow me to share a few ideas that provide some insight into my vision for a more prosperous and secure nation where hope is renewed and despair rebuffed.
1. Regular Dialogue – All Nigerians must be invested in our better future. We must maintain the channels and spirit of respectful and productive dialogue. At times what I say may help you. Other times, what you say may enlighten me. We must always talk and confer with the best of intentions. Just as this open door policy is with me before the election, I shall continue to honor it after the election.
2. GDP Growth Rate: We must target double digit GDP to begin to reduce the poverty rate and I am determined to accomplish thua
3. Revive Industry: We shall bring the nation’s industrial policy to life. Key to this is our aim to create major and minor industrial hubs in each geopolitical zone. We shall not be satisfied by bolstering traditional sectors. We will foster productive excellence in new areas such as light manufacturing and the Nollywood entertainment sector. Through active participation in the digital economy, we shall make Nigeria a leader, instead of a bystander, in the fourth industrial revolution.
4. Promote Agriculture: We shall continue to press reforms in the sector that will increase productivity, improve farm incomes while lowering food prices and bringing enough food to the tables of ordinary people.
5. Power Nigeria: I am determined to give you the affordable and reliable power you need to drive your businesses in a way that lifts the entire economy.
6. Produce and buy Nigerian: We seek a consumer credit revolution, working in concert with the banking industry lead by the CBN. Credit at affordable rates enables the purchase of more cars and the construction of more homes. The standard of living shall rise and the strength of the business sector shall increase in similar measure.
7. Build Nigeria: We must continue with the expansion of infrastructure commenced by the current government From our roads and ports that will path the way to more commerce, to improvement in irrigation and water management/catchment systems to stem the humanitarian and economic tragedy visited on us by seasonal flooding.
8. I have saved the single most important point for last. May I conclude with my thoughts on security.
“We shall continue the fight against insecurity by redefining our counterinsurgency doctrine and practice. Our response to terror, kidnapping and violent criminality will be defined by the following elements:
a. We shall enlist more people in the armed forces, security services and the police.
b. Our forces will be given better tactical communications, mobility as well as improved aerial and ground surveillance capacity.
“Through these and other measures, we shall better identify, monitor, track, and defeat these evil groups where they are. They shall have no respite until they surrender or are utterly defeated,” he added.
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News
Benin-Asaba Road to Be Redesigned on Concrete Pavement
Published
6 hours agoon
September 24, 2026
The Minister of Works, Dave Umahi, has said the 136-kilometre Benin-Asaba Road will be redesigned with reinforced concrete pavement following a directive from President Bola Tinubu.
Umahi made this known on Thursday in Benin City during the ‘Operation Rescue Benin-Asaba Road’ event.
He also clarified that the Federal Government had not awarded any company a contract for the emergency rehabilitation of the road.
According to the minister, the government is currently carrying out temporary intervention works to improve the condition of the road while arrangements for its long-term reconstruction are being developed.
Umahi said the Federal Government had presented three options to the concessionaire for the continuation of the agreement, but none was accepted.
He said the development had led to a new approach, with President Tinubu directing the redesign of the entire 136-kilometre dual carriageway with reinforced concrete pavement.
The minister said the project had been defined and that immediate intervention would begin on the Benin Bypass.
Umahi further explained that the emergency rehabilitation was not awarded to Hitech or any other contractor.
He said the Ministry of Works had instead hired equipment from contractors operating along the road corridor, including Hitech, CECC and CBC, to carry out the temporary repairs.
According to him, the ministry is still sourcing additional equipment and plans to undertake intensive intervention works to improve the road within the next four weeks.
The minister said the temporary intervention is intended to make the road safer and more accessible while the Federal Government works on the permanent reconstruction of the route.l
News
MY SECOND-TERM PROJECTS’LL BOOST COMMERCE, PRODUCTIVITY — OYEBANJI
Published
1 day agoon
September 23, 2026By
News Editor
…Says Ekiti’ll take Tinubu’s re-election seriously
…As monarchs, youths pledge more support for governor
Ekiti State Governor, Mr Biodun Oyebanji, says projects to be executed during his second term will be strategically targeted at boosting commerce, enhancing productivity and stimulating sustainable business growth across the state.
The Governor also says Ekiti State will take the re-election bid of President Bola Ahmed Tinubu in the 2027 presidential election seriously, promising increased mobilisation to improve the President’s votes in the state.
Oyebanji spoke on Wednesday at a Town Hall Meeting with stakeholders from Ekiti North Senatorial District as part of consultations ahead of the 2027 Budget, held in Ifaki-Ekiti.
At the meeting, traditional rulers, community leaders, youths and other stakeholders pledged stronger support for the Governor’s second-term administration, which begins on October 16, 2026, to enable him to deliver on his shared prosperity agenda.
Oyebanji said his administration would sustain its consultative approach to governance in the second term, with greater emphasis on public participation and inclusive development.
He said government investments would be channelled strategically into critical sectors, including healthcare, electricity, roads and water supply, to improve living standards and enhance economic productivity.
The Governor said: “In our second term, whatever we are going to do must add value, because resources are limited. There must be value addition. We must catalyse productivity and ensure our people are productive.
“It is only when there is value that artisans like welders and auto mechanics can thrive and become prosperous.”
On electricity, Oyebanji said his administration had expanded access to power in some communities, but noted that existing legal provisions limiting states largely to electricity generation had affected efforts to fully address distribution challenges.
He reaffirmed his commitment to participatory governance, saying inputs from communities would continue to guide government’s decisions on project prioritisation.
“Governance is about the people. We are what we are today because of you. You gave us your mandate, and we must continue to seek your counsel in delivering good governance,” he said.
The Governor also commended traditional rulers for their support, particularly in intelligence gathering, which he said had contributed to improved security across the state.
He, however, urged residents to remain vigilant and continue to support security agencies with useful information.
On the 2027 presidential election, Oyebanji called on Ekiti voters to reciprocate what he described as President Tinubu’s support for the state by increasing the votes delivered to the President.
He cited federal appointments and infrastructure projects benefiting the state as evidence of the Federal Government’s attention to Ekiti.
“We must show appreciation. It will not be enough to repeat previous figures. We must do more in the next election,” he said.
On infrastructure, the Governor disclosed that collaboration with the Federal Government had facilitated the award of major road projects, including the Ado-Ijan-Ilumoba-Ikole and Ado-Aramoko-Ita-Ore roads.
He added that other critical roads across the state would be addressed subsequently.
Providing sectoral updates, the Commissioner for Health, Dr Oyebanji Filani, said more than 300 nurses and 1,500 health assistants had been recruited over the past four years.
He said the government had also upgraded several primary and secondary healthcare facilities, while three new general hospitals had been approved for Ipao, Ikogosi and Awo-Ekiti.
Also speaking, the Commissioner for Infrastructure and Public Utilities, Professor Bolaji Aluko, disclosed that more than 500 boreholes had been constructed across the state, while an additional 110 had been proposed to ensure equitable distribution of water.
In their remarks, traditional rulers and community representatives from Ekiti North Senatorial District commended the Governor for his development efforts and highlighted priority areas for consideration in the 2027 Budget.
Their requests included improved roads, electricity, water supply, healthcare and security.
Speaking on behalf of Ikole Local Government, the Alaaye of Oke Ayedun, Oba Femi Aribisala, appealed to the government to urgently intervene in the areas of roads, water and electricity.
He said poor road access and inadequate electricity supply were hindering economic activities and development in the area.
Representatives of Moba Local Government and the Obaleo of Erinmope, Oba Sunday Aniyi; Ido/Osi Local Government and the Olojudo of Ido-Ekiti, Oba Ayorinde Ilori-Faboro; as well as Oye Local Government and the Onisan of Isan-Ekiti, Oba Gabriel Adejuwon, also called for increased attention to roads, electricity, security and water supply in the 2027 Budget.
Dignitaries at the event included the Deputy Governor, Chief (Mrs) Monisade Afuye; Secretary to the State Government, Professor Habibat Adubiaro; Chief of Staff, Mr Oyeniyi Adebayo; Head of Service, Dr Folakemi Olomojobi; members of the State Executive Council; local government chairmen; traditional rulers; political leaders; and representatives of various community groups.
News
FG Suspends 20 NSCDC Officers Over Deaths Of 37 Suspected Illegal Miners
Published
6 days agoon
September 19, 2026By
News Editor
The Federal Government has suspended 20 officers of the Nigeria Security and Civil Defence Corps (NSCDC) over the reported deaths of 37 suspected illegal miners who were in the Corps’ custody in Niger State.
The Minister of Interior, Olubunmi Tunji-Ojo, announced the suspension on Saturday, following President Bola Tinubu’s directive for a transparent and comprehensive investigation into the incident, which occurred on Thursday.
Tunji-Ojo said the suspension would remain in place pending the outcome of the investigation. The affected officers include personnel involved in the arrest, investigation, security and detention of the suspected miners.
The Minister also constituted a 10-member independent committee to investigate the deaths and establish the identities of the deceased, the circumstances surrounding their arrest and detention, and the actual cause of death.
The committee is also expected to determine whether there was any responsibility, negligence or misconduct and recommend appropriate action, including compensation where necessary.
The committee is chaired by retired DSS Deputy Director-General, Jonathan Kure, mni, while Prof. Isa Hayatu Chiroma, SAN, a former Director-General of the Nigerian Law School, will serve as Secretary.
Other members include retired AIG Hosea Hassan Karma, Prof. Olayinka Buhari, representatives of the Minna Emirate Council and Niger State Government, the National Secretary of the Miners Association of Nigeria, Alhaji Liman Sulaiman, lawyer and human rights activist Deji Adeyanju, Blueprint Newspaper’s Zainab Suleiman Okino, and public affairs analyst Dr. George Agbakahi.
The committee has two weeks to complete its investigation and submit its report to the Minister.
Tunji-Ojo directed the NSCDC leadership and all relevant officers to fully cooperate with the investigation and ensure that all records and evidence relating to the incident are preserved.
He warned that anyone who attempts to destroy or conceal evidence, intimidate witnesses or obstruct the investigation would face serious consequences.
The Minister described the deaths as deeply disturbing, condoled with the families of the deceased and appealed for calm while the investigation continues.
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