Key Points in the Presidential Address on Nigeria’s 63rd Independence Anniversary ( summary )

In an address by His Excellency, President Bola Ahmed Tinubu, GCFR, President and Commander-in-Chief, Federal Republic of Nigeria, in commemoration of the 63rd  independence anniversary of Nigeria on Sunday, October 1, 2023.
GOVIMA has attempted to summarise the President’s speech into key points. The speech, which is about 12 paragraphs, is summarised below 

1. President’s Dual Role: The President addresses the nation both as the President and as a fellow Nigerian on the 63rd Independence Anniversary.
2. Commendation to Founding Figures: acknowledges the contributions of Nigeria’s founding fathers and mothers in establishing the nation.
3. Unity and Diversity: Emphasises Nigeria’s diverse ethnic, religious, and cultural makeup and the need for unity, peace, and progress.
4. Commitment to Democracy: Highlights Nigeria’s commitment to democracy and the rule of law through consecutive civilian governments.
5. Promised Reforms: The President reaffirms promises made during his inauguration, including economic modernization and the end of fuel subsidy.
6. Economic Reform: Justifies the removal of the fuel subsidy and other reforms as necessary for a prosperous and equitable future.
7. Relief Measures: Outlines measures to alleviate the economic burden, including a provisional wage increment, infrastructure support for states, and affordable public transportation.
8. Central Bank Reforms: Promises to reform the Central Bank of Nigeria (CBN) and make monetary policy benefit all citizens
9. Tax Reforms: Initiates a Committee on Tax Reforms to improve tax administration and foster a favourable business environment.
10. Job Creation: Provides investment funding for enterprises and increases support for micro, small, and medium-sized businesses.
11. Social Safety Nets: Expands cash transfer programmes to 15 million vulnerable households and emphasises safety and security.
12. Strengthening Security Forces: Commends security forces for their sacrifices and vows to enhance their capabilities.
13. Inclusive Appointments: Promises fair and constitutional key appointments, including for women, youth, and the physically challenged.
14. National Assembly’s Role: Commends the National Assembly for its constitutional duties in ensuring the smooth take-off of the administration.