President Tinubu List 5 Important Changes Nigerians Should Expect In 2024

The Nigerian President, Bola Ahmed Tinubu in his first new year message to Nigerians listed five things he will prioritize in 2024.

VerseNews reports that the President during a live broadcast on Monday, 1 January promised to make electricity reliable, boost food supply, restart local refinery of petroleum and others.

He assured that his administration will focus on accelerating the pace of service delivery across sectors.

The president also outlined in his speech the objectives of his administration for 2024 as well as his broadened plans for Nigerians in the new year.

Below are the five promises from president Tinubu’s new year speech:

1. Reliable supply of electricity

Tinubu on electricity suply: “Just this past December during COP28 in Dubai, the German Chancellor, Olaf Scholz, and I agreed and committed to a new deal to speed up the delivery of the Siemens Energy power project that will ultimately deliver reliable supply of electricity to our homes and businesses under the Presidential Power Initiative which began in 2018.

“Other power installation projects to strengthen the reliability of our transmission lines and optimise the integrity of our National grid are ongoing across the country.

“My administration recognises that no meaningful economic transformation can happen without steady electricity supply.”

2. Restart local refining of petroleum

Speaking on local refineries, he said, “In 2024, we are moving a step further in our quest to restart local refining of petroleum products with Port Harcourt Refinery, and the Dangote Refinery which shall fully come on stream.”

3. Boost food supply

In this New Year, Tinubu pledged to accelerate efforts to cultivate 500,000 hectares of farmlands nationwide to grow maize, rice, wheat, millet, and other staple crops in order to guarantee a steady supply, security, and affordability of food.

His words, “To ensure constant food supply, security and affordability, we will step up our plan to cultivate 500,000 hectares of farmlands across the country to grow maize, rice, wheat, millet and other staple crops. We launched the dry season farming with 120,000 hectares of land in Jigawa State last November under our National Wheat Development Programme.”

4. Boost local, and foreign investments

With regard to making Nigeria a preferred location for both domestic and foreign investments this New Year, Tinubu pledges to clear any obstacles in the way.

“In this new year, we will race against time to ensure all the fiscal and tax policies reforms we need to put in place are codified and simplified to ensure the business environment does not destroy value. On every foreign trip I have embarked on, my message to investors and other business people has been the same. Nigeria is ready and open for business.

“I will fight every obstacle that impedes business competitiveness in Nigeria and I will not hesitate to remove any clog hindering our path to making Nigeria a destination of choice for local and foreign investments.” – Tinubu

5. Actualisation of 8 priority areas in 2024 budget: Security, job creation, poverty reduction, others

“In my 2024 Budget presentation to the National Assembly, I listed my administration’s 8 priority areas to include national defence and internal security, job creation, macro-economic stability, investment environment optimization, human capital development, poverty reduction and social security.

“Because we take our development agenda very seriously, our 2024 budget reflects the premium we placed on achieving our governance objectives.” Tinubu noted.