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Bola Tinubu’s 63rd Independence Day Anniversary Address [Full Speech]

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I’m Working Tirelessly To Solve Nigeria’s Problems, Says Tinubu

 

Dear Compatriots,

1.It is my unique honour to address you on this day, the 63rd anniversary of our nation’s independence, both as the President of our dear country and, simply, as a fellow Nigerian.

 

2. On this solemn yet hopeful day, let us commend our founding fathers and mothers. Without them, there would be no modern Nigeria. From the fading embers of colonialism, their activism, dedication and leadership gave life to the belief in Nigeria as a sovereign and independent nation.

 

3. Let us, at this very moment, affirm that as Nigerians, we are all endowed with the sacred rights and individual gifts that God has bestowed on us as a nation and as human beings. No one is greater or lesser than the other.

 

The triumphs that Nigeria has achieved shall define us. The travails we have endured shall strengthen us. And no other nation or power on this earth shall keep us from our rightful place and destiny. This nation belongs to you, dear people. Love and cherish it as your very own.

4. Nigeria is remarkable in its formation and essential character. We are a broad and dynamic blend of ethnic groups, religions, traditions and cultures. Yet, our bonds are intangible yet strong, invisible yet universal. We are joined by a common thirst for peace and progress, by the common dream of prosperity and harmony and by the unifying ideals of tolerance and justice.

 

5. Forging a nation based on the fair application of these noble principles to a diverse population has been a task of significant blessing but also a serial challenge. Some people have said an independent Nigeria should never have come into existence. Some have said that our country would be torn apart. They are forever mistaken. Here, our nation stands and here we shall remain.

 

6. This year, we passed a significant milestone in our journey to a better Nigeria. By democratically electing a 7th consecutive civilian government, Nigeria has proven that commitment to democracy and the rule of law remains our guiding light.

7. At my inauguration, I made important promises about how I would govern this great nation. Among those promises, were pledges to reshape and modernize our economy and to secure the lives, liberty and property of the people.

 

8. I said that bold reforms were necessary to place our nation on the path of prosperity and growth. On that occasion, I announced the end of the fuel subsidy.

 

9. I am attuned to the hardships that have come. I have a heart that feels and eyes that see. I wish to explain to you why we must endure this trying moment. Those who sought to perpetuate the fuel subsidy and broken foreign exchange policies are people who would build their family mansion in the middle of a swamp. I am different. I am not a man to erect our national home on a foundation of mud. To endure, our home must be constructed on safe and pleasant ground.

 

10. Reform may be painful, but it is what greatness and the future require. We now carry the costs of reaching a future Nigeria where the abundance and fruits of the nation are fairly shared among all, not hoarded by a select and greedy few. A Nigeria where hunger, poverty and hardship are pushed into the shadows of an ever fading past.

 

11. There is no joy in seeing the people of this nation shoulder burdens that should have been shed years ago. I wish today’s difficulties did not exist. But we must endure if we are to reach the good side of our future.

 

12. My government is doing all that it can to ease the load. I will now outline the path we are taking to relieve the stress on our families and households.

 

13. We have embarked on several public sector reforms to stabilize the economy, direct fiscal and monetary policy to fight inflation, encourage production, ensure the security of lives and property and lend more support to the poor and the vulnerable.

 

14. Based on our talks with labour, business and other stakeholders, we are introducing a provisional wage increment to enhance the federal minimum wage without causing undue inflation. For the next six months, the average low-grade worker shall receive an additional Twenty-Five Thousand naira per month.

 

15. To ensure better grassroots development, we set up an Infrastructure Support Fund for states to invest in critical areas. States have already received funds to provide relief packages against the impact of rising food and other prices.

 

16. Making the economy more robust by lowering transport costs will be key. In this regard, we have opened a new chapter in public transportation through the deployment of cheaper, safer Compressed Natural Gas (CNG) buses across the nation. These buses will operate at a fraction of current fuel prices, positively affecting transport fares.

17. New CNG conversions kits will start coming in very soon as all hands are on deck to fast track the usually lengthy procurement process. We are also setting up training facilities and workshops across the nation to train and provide new opportunities for transport operators and entrepreneurs.

 

This is a groundbreaking moment where, as a nation, we embrace more efficient means to power our economy. In making this change, we also make history.

 

18. I pledged a thorough housecleaning of the den of malfeasance the CBN had become. That housecleaning is well underway. A new leadership for the Central Bank has been constituted. Also, my special investigator will soon present his findings on past lapses and how to prevent similar reoccurrences. Henceforth, monetary policy shall be for the benefit of all and not the exclusive province of the powerful and wealthy.

 

19. Wise tax policy is essential to economic fairness and development. I have inaugurated a Committee on Tax Reforms to improve the efficiency of tax administration in the country and address fiscal policies that are unfair or hinder the business environment and slow our growth.

 

20. To boost employment and urban incomes, we are providing investment funding for enterprises with great potential. Similarly, we are increasing investment in micro, small and medium-sized enterprises.

 

21. Commencing this month, the social safety net is being extended through the expansion of cash transfer programs to an additional 15 million vulnerable households.

 

22. My administration shall always accord the highest priority to the safety of the people. Inter-Service collaboration and intelligence sharing have been enhanced. Our Service Chiefs have been tasked with the vital responsibility of rebuilding the capacities of our security services.

 

23. Here, I salute and commend our gallant security forces for keeping us safe and securing our territorial integrity. Many have paid the ultimate sacrifice. We remember them today and their families. We shall equip our forces with the ways and means needed to perform their urgent task on behalf of the people,

 

24. We shall continue to make key appointments in line with the provisions of the Constitution and with fairness toward all. Women, Youth and the physically challenged shall continue to be given due regard in these appointments.

 

25. May I take this opportunity to congratulate the National Assembly for its role in the quick take-off of this administration through the performance of its constitutional duties of confirmation and oversight.

 

26. I similarly congratulate the judiciary as a pillar of democracy and fairness.

 

27. I also thank members of our dynamic civil society organizations and labour unions for their dedication to Nigerian democracy. We may not always agree but I value your advice and recommendations. You are my brothers and sisters and you have my due respect.

 

28. Fellow compatriots, the journey ahead will not be navigated by fear or hatred. We can only achieve our better Nigeria through courage, compassion and commitment as one indivisible unit.

 

29. I promise that I shall remain committed and serve faithfully. I also invite all to join this enterprise to remake our beloved nation into its better self. We can do it. We must do it. We shall do it.!!!

 

30. I wish you all a happy 63rd Independence Anniversary.

31. Thank you for listening.

32. May God bless the Federal Republic of Nigeria.

 

 

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How NERC’s New Commercial Billing Threatens Healthcare, Economy

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MOJEC, AEDC Kick-off Mobile MAP Under FG’s Meter Asset Provider (MAP) Scheme 2

The crippling impact of the newly introduced electricity billing, which classifies locations and businesses into two buckets of Band A or Band B has been decried.

President, Save-A-Life Foundation, Dr Richard Okoye, has expressed grave concerns about the scary electricity bill served on his hospital in Rivers State by the Port Harcourt Electricity Distribution (PHED).

His outcry was contained in a video clip which went viral on Thursday,

Following the new billing classification, which put his hospital in Band A, Dr Okoye was aggrieved that his monthly bill jumped to N25,300,000, which he noted would have devastating effects on the healthcare sector in Nigeria, as well as other businesses.

Dr Okoye is not the only person speaking up against the excessive hike in electricity bills.

President, the Trade Union Congress (TUC), Festus Osifo, had made a similar call during the May Day Rally in Abuja, where he strongly urged the Nigerian Electricity Regulatory Commission (NERC) to reverse the tariff hike within a week.

Osifo maintained that keeping the current billing levels would have severe impact on Nigeria’s economic growth, thus stressing the urgency of effective energy management to prevent further setbacks.

He maintained that the “glaring incompetence in managing this sector for the collective welfare of our citizens,” is a major factor constraining Nigeria’s economy.

The labour leader asserted that, “It is unethical to force Nigerians to pay higher tariffs for non-existent electricity. Estimated billing is an extortion and a daylight robbery against Nigerians.

Recall that the NERC on April 3, 2024 approved a significant increase in electricity tariffs for customers falling under the Band A classification.

Vice Chairman. NERC, Musliu Oseni, declared that the adjustment would raise the rate from the current N66 per kilowatt-hour to N225 per kilowatt-hour.

Though the billing reviews introduced by the NERC had attracted wide condemnation from Nigerians, the government had opted to stand behind the Commission.

For the government, the over 300 percent upward review was a take-it or leave-it for electricity consumers.

Nigeria’s Minister of Power, Adebayo Adelabu, who defended the scandalous review before the Senate pointed to the cost of infrastructure required to keep the sector running.

In his opinion, the only way to make the sector attractive to investors was to get the consumers to bear the cost of building and maintaining the infrastructure, which would also make the sector bankable.

Adelabu said, “For this sector to be revived, government need to spend nothing less than 10 billion dollars annually in the next 10 years.

“This is because of the infrastructure requirement for the stability of the sector. But government cannot afford that. And so we must make this sector attractive to investors and to lenders.

“So for us to attract investors and investment, we must make the sector attractive, and the only way it can be made attractive is that there must be commercial pricing.”

However, Dr Okoye’s position, which Netizens applaud, is that the government’s decision to jerk up Band A’s tariff, would be an epidemic against the healthcare sector and other busiensses.

He described moving from paying N66 per kilowatt to N225 per kilowatt as a ‘Band A tariff epidemic”, capable of destroying the healthcare system of Nigeria.

Dr Okoye said, “By reason of us (the hospital) being in Band A, our monthly power bill is now shooting up to N25,300,000. That’s crazy; the hospitals are not business centres but only renders essential services to society.

“This Band A tariff epidemic is bound to destroy the country’s healthcare system.

“We are already struggling with an influx of doctors leaving the country. The majority of the healthcare system is struggling, as it were. If nothing is done to urgently revisit that decision, the Band A tariff epidemics will turn most hospitals into morgues. Something that could be preventable.

“Power (electricity) is the life of the healthcare delivery. Patients have hope and a sense of living again when the light is in the hospital. In addition to that, the majority of emergency drugs and anaesthetic drugs always want to be at a particular temperature which can be sustained by electricity. If this decision persists, it will come to a point where most of the drug will be in an unusable state, and it is already happening.”

Narrating his experience during a medical engagement to elaborate on the need for a hospital to be on steady power supply, Dr Okoye pointed out that an elderly woman who was supposed to be operated upon was given the requisite volume of propofol needed for her to relax but could not sleep because the potency of the drug has reduced due to poor storage, occasioned by inadequate power supply.

“We were surprised and thought the woman was alcoholic, and the anaesthetic increased the dose a little and asked again, only for the woman to confirm that she was fine again.

“After evaluation, it was discovered that though the drug was original but not well preserved, it would lose potency.

“That is to say, those who are diabetic in Nigeria should brace up because the majority of them would see no way to buy their drugs.

“In fact, they need to travel miles to get a hospital with a steady light to get drugs they are taking.

“While this Band A is on, teaching hospitals and Federal Medical Centres which used to enjoy some relative form of light because perhaps they would not be billed like other people. They are now downgrading them to Band B and channelling Band A to those they feel can pay to the detriment of the people.

“I can count on and on. Power (supply) is what determines whether a surgical procession would be successful or not. It determines the ‘before and after’ outcome of any surgery.”

“If the instruments are not properly sterilised, they may be the ones resistant to all antibiotics known, that even when we start getting it right, the worst has already happened,” Dr Okoye pointed out.

According to him, the Nigerian government must act fast in this regard to avoid it having a severe impact on the hospitals, the healthcare system, the health of Nigerians, and businesses generally.

“My heart melts when a teaching hospital can pack its instruments to go and sterilise in another hospital because it doesn’t have light. The FG should act because it is preventable as it is now,” he stressed.

It would appear thought that the government might not have the final say on this, as a Federal High Court in Kano had already issued restraining orders on the NERC and the Kano Electricity Distribution Company (KEDC).

The court ordered the parties to refrain from implementing the new electricity tariff for Band A consumers.

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Kwara-based Catholic School Shines In 2024 UTME: 30 Students Score Above 300

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The Eucharistic Heart of Jesus Model College, Ilorin, Kwara State, has made headlines with a remarkable achievement in the 2024 Unified Tertiary Matriculation Examination (UTME).

Revealed by Reverend Father Jude Okeh via his X handle, @friajudeo, the school proudly announced that 30 of its students scored impressively between 300 and 355 points.

Topping the list are Fasesin Ayomiposi and Kunle-Olawepo Ayomikun, both securing an outstanding 355 points.

Following closely are Adelodun Oluwadarasimi and Ayejuto Daniel with 341 points, and Idris Jamaaldeen with 333 points, showcasing the school’s commitment to academic excellence.

The UTME results have garnered attention amidst recent controversies surrounding the exam. With over 8,000 students nationwide achieving scores above 300, the proficiency demonstrated by these students from Eucharistic Heart of Jesus Model College stands as a testament to their dedication and the quality of education provided by the institution.

In a statement, Reverend Father Jude Okeh highlighted the significance of this achievement, particularly in light of the challenges faced by candidates nationwide.

Netizens have lauded the students’ success, acknowledging it as a remarkable feat amidst the backdrop of JAMB’s statistics, which revealed a significant number of candidates failing to meet the 200 marks threshold.

JAMB reiterated the purpose of the UTME as a ranking examination and cautioned against the proliferation of fake result slips.

The board emphasized the importance of relying on official channels for result verification, reaffirming its commitment to maintaining the integrity of the examination process.

The stellar performance of the students from Eucharistic Heart of Jesus Model College serves as a beacon of inspiration, reflecting the potential for excellence within the educational landscape of Kwara State and beyond.

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Fuel Crisis: No End In Sight As NNPC, IPMAN Fight Dirty

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The ongoing fuel crisis appears to be a case of the grass suffering while two elephants fight.

The bone of contention seems to be that while the Nigerian Government wants to carry out minor reforms in the supply chain, and is assuring the public that the scarcity would end soon, the organised marketers appear focused on protecting the interests of its members.

Biztellers reports that about 8,000 operating licences of IPMAN’s members are threatened by a new policy of the National Petroleum Company Limited (NNPC Ltd).

Recall that the NNPC Ltd had placed a deadline of April 15, 2024, for marketers to renew their operating licences or risk being denied access to their customer express portals for the purchase of petroleum products from the NNPC Retail Limited.

However, the Independent Petroleum Marketers Association of Nigeria (IPMAN) had claimed that the registration processes and requirements were cumbersome, for which some of its members could not meet the deadline.

Consequently, the IPMAN requested an extension till July, so that its members could reconcile their licenses and address the lingering scarcity, which has compounded the economic woes confronting the ordinary Nigerian.

The IPMAN has also appealed to the Nigerian Midstream and Downstream Regulatory Authority (NMDRA) to release 9,000 already processed licences to its members.

The National Public Relations Officer, IPMAN, Chinedu Ukadike, gave an update on the Association’s position in a statement on Thursday in Abuja.

The statement read, “The Independent Petroleum Marketers Association of Nigeria are abreast with current developments in the downstream sector of our petroleum industry and wish to state that the latest information reaching us from the Nigerian Midstream and Downstream Petroleum Regulatory Authority states that they have already processed more than 9,000 out of the 15,000 licenses they are expected to process for our members within this period.

“Marketers are fast-tracking the processing of their licenses to avoid the impending closure of their customer express portals for purchase of petroleum products from NNPC Retail Limited.

“We, therefore, use this opportunity to appeal to the management of the NMDPRA and NNPC Retail Limited to respectively release the processed licenses and extend the deadline for delisting of marketers from their express portals.

“If our request is granted, it will ease the tension of panic buying by members of the public in order not to aggravate the present scarcity of petroleum products.”

In an earlier statement, the IPMAN had blamed the ongoing scarcity which had seen pump prices of Premium Motor Spirit (PMS) skyrocket to between N750/litre to N1,200/litre across Nigeria on turnaround maintenance of oversea suppliers of the product.

On its part, the NNPC Ltd had blamed logistics on the scarcity, which it claimed to have addressed.

The state oil company had also tried to address the situation by assuring of sufficient stock and increased product supplies, yet, the IPMAN members appear to be sticking to their gun, in protection of members’ interests, by controlling sales to the public.

Recall that the Chairman, IPMAN Depot Chairmen Forum, Yahaya Alhassan, had on Tuesday threatened to shut down the 30,000 stations operated by IPMAN members across the country if the Federal Government failed to pay the N200bn that was being owed marketers.

The IPMAN’s position was contained in a communique issued in Abuja by over the non-payment of marketers’ bridging claims.

According to the IPMAN, the NMDPRA had refused to clear the debt, which had continued to accrue since September 2022.

It might just be that the two elephants are keeping the bone of contention close their chests and feeding members of the public with tales by the moonlight.

In the interim, the economic hardship continues to bite harder, with common Nigerians at the receiving end.

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