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Key highlights and data points from President Tinubu’s Independence Day speech

1. “Thanks to the reforms, our country attracted foreign direct investments worth more than $30bn in the last year”
2. “We inherited a reserve of over $33bn 16 months ago”
3. “We have paid back the inherited forex backlog of $7bn”
4. “We have cleared the ways and means debt of over N30trn”
5. “We have reduced the debt service ratio from 97% to 68%”
6. “We have managed to keep our foreign reserve at $37bn”
7. “We have elimination of over 300 Boko Haram and bandit commanders in one year”
8. “We approved a Disaster Relief Fund to mobilise private and public sector funds to help us respond faster to emergencies”
9. FG has ordered integrity tests of all dams in the country to avert future disasters.
10. The FG is ready to assist the thirty-six states and FCT in acquiring CNG buses for cheaper public transportation.
11. “We have enthusiastically implemented the Nigerian Education Loan Fund (NELFUND)”
12. The government will soon announce all the beneficiaries of national honours for 2024
13. The government will convene a 30-day national youth conference to address issues such as education, employment, and security.

Michael Okela

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Michael Okela

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