• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, June 28, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Tinubu commits to economic reforms as Nigeria marks democracy day

Nigeria

The Matters Press by The Matters Press
June 12, 2024
Reading Time: 2 mins read
0
Tinubu commits to economic reforms as Nigeria marks democracy day

President Bola Tinubu has again told Nigerians that he understood the economic difficulties facing the nation and committed to efforts to reverse the situation.

RELATED POSTS

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

N1.5trn recapitalisation of Agric bank will herald food security – TMV

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

In a national broadcast on Wednesday to mark Democracy Day, President Tinubu said, our
economy has been in desperate need of reform for decades”.

“It has been unbalanced because it was built on the flawed foundation of over-reliance on revenues from the exploitation of oil. 

” The reforms we have initiated are intended to create a stronger, better foundation for future growth.

” There is no doubt the reforms have occasioned hardship.”

He explained that the reforms were necessary repairs required to fix the economy over the long run so that everyone has access to economic opportunity, fair pay and compensation for his endeavour and labour. 

 “As we continue to reform the economy, I shall always listen to the people and will never turn my back on you. 

” In this spirit, we have negotiated in good faith and with open arms with organized labour on a new national minimum wage.

“We shall soon send an executive bill to the National Assembly to enshrine what has been agreed upon as part of our law for the next five years or less.”

In the face of labour’s call for a national strike, we did not seek to oppress or crack down on the workers as a dictatorial government would have done.

We chose the path of cooperation over conflict.

He explained that the government would continue to thrive on democratic principles and compromise as hallmarks of democracy.

These themes shall continue to animate my policies and interaction with the constituent parts of our political economy.

” I take on this vital task without fear or favour and I commit myself to this work until we have built a Nigeria where no man is oppressed.  

” In the end, our national greatness will not be achieved by travelling the easy road.

“It can only be achieved by taking the right one. 

 The words of the American President Franklin Roosevelt certainly ring true.

 “There are many ways of going forward. But only one way of standing still”!

We dare not slumber lest the good things awaiting our immediate future pass us by.

We dare not plant our feet in idle standstill in the middle of the intersection of hope and despair. 

We know the proper way forward and we shall take it!

 The initial rays of a brighter tomorrow now appear on the early horizon. An abundant future and our capacity to achieve that future lie within our reach.

Democracy and the institutions it begets offer to take us to our profound destination. 

Let us board this progressive train together. Together, let us move Nigeria forward. 

Let’s continue to keep the fire of democracy burning. Let’s keep the torch lit for generations to come. 

 

ShareTweetPin
The Matters Press

The Matters Press

Related Posts

$2.5 billion JBS investment, a big economic victory for Nigeria –  TDF
Economy/Technology

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

June 27, 2025
ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 25, 2025
Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope
News

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

June 25, 2025
79 candidates for presidential election
News

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

June 23, 2025
Gombe: Troops take over to enforce peace
News

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

June 20, 2025
Next Post
Ododo’s leadership promotes youth development –  Atta

Ododo's leadership promotes youth development - Atta

Nigeria’s Supreme Court reserves judgment in case against states over local governments mismanagement

Nigeria’s Supreme Court reserves judgment in case against states over local governments mismanagement

Recommended Stories

Transparency group commends NEPZA of its anti-corruption reforms

NEPZA urged to reconcile accounts or pay N33.3bn into government

August 23, 2022
NSIA, Agency in deal on solar power

Chinese firm to generate independent solar power in kebbi

March 8, 2024
Nigeria turns to air force to boost security

Nigeria turns to air force to boost security

May 26, 2024

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group
  • N1.5trn recapitalisation of Agric bank will herald food security – TMV
  • Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us