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FULL TEXT: President Buhari Delivers Last New Year Message To Nigerians

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FULL TEXT: President Buhari Delivers Last New Year Message To Nigerians

 

My Fellow Countrymen and Women.

A very happy and prosperous New Year to you.

First, I would like to thank and honour the Almighty who saw us through the year 2022 and has given us the opportunity to see another year. Each New Year is an opportunity to reflect on the past year, reposition, and move forward with the New.

As we celebrate the opportunity to be alive in the year 2023, we must also acknowledge the passing away of our brothers and sisters who didn’t make it into this new year. May their souls rest in perfect peace.

This year is particularly important to me because this message is in essence valedictory. After having the honour of serving you, my compatriots, for the last seven plus years, my tenure as your President in the most revered tradition of our ongoing and maturing democracy must necessarily come to an end. In the next five months we would have gone to the polls and elected a new president along with new governors and a plethora of other elected officials at both the national and state levels.

All these electoral and democratic principles are working in concert because of the transcendent beliefs, beyond partisan politics, of you the great citizen of Nigeria. In addition is my personal commitment and executive promise to see to the letter that the 2023 elections being diligently conducted by INEC will be free and fair. The collective electoral will and votes of Nigerians will be fulfilled, even in the twilight moments of my watch.

Reflecting on year 2022 allows us as a government to examine our legacies of successes and challenges. As we celebrate our wins and review obstacles, we all must understand that governance is a continuum, which still places a transitional responsibility on this administration to provide for the incoming government a non-partisan and objective roadmap for 2023. We as Nigeria; one country united under the will of God and actively growing as an indivisible entity, have been enabled year after year, decade after decade, to weather all stormy waters and emerge stronger and better where others have fallen and disintegrated. This has made us a unique nation across the globe and our continent.

In year 2023, Nigerians go to the polls to exercise our right to vote and elect a new Administration, it is an important year for our country to ensure that we have another smooth transition of government, to whoever the people have decided upon. This administration’s landmark Amended Electoral Act will ensure that we have free and fair elections across the Nation. We as Nigerians must also take responsibility to ensure we participate in ensuring that the 2023 elections are free and fair by not engaging in anti-state activities and other nefarious acts that may affect the run of the polls. We must also resist every attempt to be used by politicians to create unrest in any form to disrupt the elections. We, as government will ensure such activities are met with the full force of the law.

As our security agencies continue to make the country proud, we must continue to assist our patriotic forces by providing much needed community intelligence. It is our collective responsibility to ensure that Nigeria remains safe and peaceful for us all. Therefore, we have a duty and obligation to support our troops and intelligence agencies by being alert and reporting anything suspicious. The fight against insurgency in the North East region has continually recorded very clear wins in the past year. The Federal Government, and the Borno State government, have started the journey of returning internally displaced persons to their ancestral homes earlier taken by the insurgents. Also, over 82,000 insurgents with their families have surrendered to the Nigerian military. A number of surrendered insurgents are currently being processed by the rehabilitation (Operation Safe Corridor) program. The fight against banditry, kidnapping and other crimes in the North West and other regions is gaining momentum and showing very clear results. One of which is the resumption of Train Service along the Kaduna to Abuja corridor.

In the aftermath of the EndSars, our administration took heed and instituted the ongoing Police Reform program based on a new Presidential Vision for Policing in Nigeria. This new vision is framed in a clear road map that transcends the tenure of this administration and it is predicated on six principles:

A) Building Trust and Legitimacy

B ) Leadership, Accountability and Oversight

C) Technology and Digital media

D) Community Policing and Crime Reduction

E) Officers Training and Education

F) Funding, Officers’ Welfare, Wellness and Safety.

This reform program is very much in its foundational phase but has recorded noteworthy successes in improving police welfare and their emoluments. Other gains have been the ongoing training of 500 police cadet trainers to enable a better training regimen for the 2022 first batch of the 10,000 new cadets with an additional 10,000 set for 2023. In support of these reforms has been the provisioning of new material for the Nigeria Police to steadily improve on its constitutional responsibility to enforce law and order, protect lives and property as well as street level peace and security.

Despite the ongoing global economic crisis, we have been able to weather the storms. Inflation across the globe is at its highest, the Federal Government has been resolute through its economic interventions to remain above water during this period. 2022 brought a combined impact from ongoing wars and aftereffects of COVID-19. Though creating its own fiscal challenges, we have continued to subsidize our energy costs to buffer households from inflationary pressure of high energy costs. In 2023, we are focused on building on our GDP and sustain the huge surge in the non-oil GDP growth.

The Nigerian Start up Bill has been passed as an Act. This is considered a huge step in lowering our unemployment figures by boosting job creation and supporting the entrepreneurial drive of our youths. If you recall in my 2021 New Year speech, I had mentioned the need to secure the future of our youth recognizing that our young people are our most valuable natural resource, at home and abroad. In this regard, we worked with the legislature to develop an enabling law to turn their passions into ideas that can be supported, groomed and scaled across regions. 2023 will see the implementation of the Nigerian Start Up Act nationwide.

The year 2023 would, indeed, be a time when we would work to solidify on delivering key strategic priorities under our “SEA” – (Security, Economy and Anti-Corruption) Agenda. Some of the key priority areas we would direct our attention and strengths to include:

a. Focus on SECURITY; we will continue to engage, push back and dismantle the operations of both internal and external extremist and criminal groups waging war against our communities across the Nation. We will also focus on ensuring that free and fair elections would be held come February 2023. Our security forces are working in partnership to ensure the wins we have got in war against insurgency, banditry, secession and other crimes are sustained and more wins acquired.

b. For the ECONOMY; our focus would be on maintaining and building economic growth through the national economic diversification agenda that supports the goal of national food self-sufficiency and growth in non-oil sources. The ongoing infrastructure revolution by our administration will see us deliver the key projects across the Nation in power, rail, roads, ports and technology.

c. ANTI-CORRUPTION: On the anti-corruption drive of our administration, we have created new records in this fight, growing from 117 convictions in 2017 to 3,615 convictions as at December 2022. We as a government are committed to ridding our nation of all forms of corruption, through the collaboration with all the arms of Government to effectively prosecute this fight.

As we welcome the New Year, let us look with hope to 2023, a year to move forward as a Nation towards unity, progress and prosperity. I offer my own personal felicitations, mindful of the various opinions and interpretations of our executive legacies. I welcome and accept both the accolades and criticisms in equal measure secure in the conviction that I did my best to serve our dear country Nigeria and I pray that the next President will also pick up the baton and continue the race to make Nigeria one of the leading countries of the world by the end of this century.

Long Live the Nigerian spirit of oneness, togetherness, and unity. Long Live the Federal Republic of Nigeria. A Happy and prosperous New year.

God bless you.

Muhammadu Buhari, GCFR!

NEWS

Crude Races Towards $100 as US Steps Hard on Iran

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Breaking News: FBI raids Donald Trump's home in Florida

Renewed tensions in the Middle East have seen crude prices push towards $100 per barrel riding on the back of US sanctions and a blockade of Iranian oil exports, which have escalated the Asian country’s economic woes.

Consequently, the Brent crude, the international benchmark, climbed to $97 per barrel on Thursday before declining to $95.50, as reported at Oilprice.com.

On its part, Reuters reported that the surge in oil prices came as Washington intensified its campaign to cut off Iran’s access to international financing and prevent the country from circumventing sanctions.

Three senior Iranian sources reportedly told Reuters that the latest measures were proving increasingly difficult for Tehran to withstand, with the country facing dwindling channels for securing foreign currency and importing essential goods.

READ ALSO: Dangote Investments are Catalysts for Africa’s Economic Growth – AFC

The pressure has also severely affected Iran’s oil exports.

Iranian crude loadings have fallen to about 260,000 barrels per day this month, from around 1.7 million bpd a year earlier, according to commodity analytics firm Kpler.

The development has raised fresh concerns over the impact of the sanctions on global oil markets, particularly as the conflict has disrupted energy supplies and shipping through the Strait of Hormuz.

While some energy continues to flow through the strategic waterway, the US blockade of Iranian oil exports has effectively cut off Tehran’s main source of revenue, Reuters reported.

Iran’s economic problems have been compounded by a sharp collapse in its currency and accelerating inflation. The rial has fallen from about one million rials to the dollar a year ago to more than 2.2 million rials currently.

Official figures put Iran’s 12-month average inflation at 69.9 percent, while prices of food, beverages and tobacco have risen at nearly twice that rate.

The squeeze has also affected Iran’s ability to maintain its sanctions-evasion networks, with front companies, unregistered tankers and smuggling operations becoming increasingly expensive.

The country’s trade has fallen by between 25 and 35 percent, with imports hit harder than exports, Iranian President Masoud Pezeshkian said.

The United Arab Emirates (UAE) has also disrupted a major channel for Iranian commerce, announcing on 19 August that all commercial exchange and financial dealings with Tehran had been halted until further notice.

These have plunged Iran’s domestic fuel situation into some sort of turbulence.

One senior Iranian source told Reuters that the country has only about two months’ supply of petrol, which it needs to import despite its domestic oil production because of limited refining capacity.

The deteriorating economic conditions are also placing severe pressure on Iranian households. Average monthly salaries are estimated at about $125, compared with basic household spending requirements of roughly $450, according to official data.

The economic squeeze comes as fighting between Iran and the United States has intensified, with attacks and retaliatory strikes raising fears of further disruption to oil supplies and shipping.

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Dangote Investments are Catalysts for Africa’s Economic Growth – AFC

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Leading economists, financial experts and industry stakeholders have described the Dangote Group’s investments as major drivers of industrialisation and economic transformation across Nigeria and Africa.

The experts cited the Group’s impact on job creation, import substitution, foreign exchange conservation and economic competitiveness.

They voiced their thoughts at the Lagos Economic Summit themed “The Real Deal: Africa’s Greatest Investment Opportunity,” where they urged governments to implement policies that strengthen local industries and accelerate economic diversification.

President and Chief Executive Officer of the Africa Finance Corporation (AFC), Samaila Zubairu, commended the Dangote Group’s sustained investments across Africa, describing them as critical to unlocking the continent’s economic potential.

He noted that while recent economic reforms have improved foreign exchange stability, strengthened reserves and eased inflationary pressures, the focus must now shift to growth in industry, productivity and employment.

READ ALSO: NMDPRA Shares July Domestic Cooking Gas Supply Details

Also speaking, Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), Muda Yusuf, said industrialisation remains the most effective path to sustainable economic development.

He called for better alignment of trade and industrial policies, stressing that local manufacturers require strategic support to compete effectively and drive broader economic benefits.

Founder and CEO of Nairametrics, Ugodre Obi-Chukwu, said Africa’s growing population presents a significant industrial opportunity, noting that investments such as the Dangote Refinery are helping to retain capital within the continent while strengthening local production capacity.

In his keynote address, Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, said Nigeria is gradually transitioning from a consumption-led economy to one driven by investment and production.

He added that sustained investments in productive sectors will continue to stimulate growth, create jobs and improve living standards.

Participants at the summit also advocated stronger credit infrastructure, improved national identification systems and increased investment in skills development to enhance the productivity and global competitiveness of Africa’s growing youth population.

Photo Caption: From Left – Chief Economist, Dangote Industries Limited, Dr. Hassan Mahmud; Lady Maiden Alex-Ibru; Chairman of Occasion/Special Guest of Honour, Samaila Zubairu; Key Note Speaker Session 1, Bismarck Rewane; during the Real Deal: Africa’s Greatest Investment Opportunity, Sponsored by Dangote Industry Limited in Lagos on Thursday 3, September 2026.

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No Gov’t Reprisal for Criticism — Tinubu Assures Journalists

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#NigeriaDecides: Tinubu Defeats Atiku In Jigawa, Wins 19 Of 27 LGAs

President Bola Tinubu has assured journalists that they have nothing to fear from his administration for criticising or attacking him, reaffirming his commitment to press freedom.

Tinubu gave the assurance on Thursday in Abuja during the centenary celebration of the Daily Times and the unveiling of the Nigerian Grand Book and Times Heroes Awards.

ALSO READ: Dangote Credits Tinubu’s Economic Reforms with Driving Nigeria’s Economic Recovery

The President, who was represented at the event by the Secretary to the Government of the Federation, Senator George Akume, said the media remained essential to Nigeria’s development, accountability and preservation of the country’s history.

He said his administration was committed to the constitutional freedom of the press, stressing that journalists should be able to scrutinise government without fear of retaliation.

The President stated that under his administration, Nigerians could criticise or attack him without expecting government officials to retaliate against them.

Tinubu also used the occasion to emphasise the importance of preserving Nigeria’s history.

He said the Nigerian Grand Book would enable Nigerians to document the country’s story from their own perspective and preserve important institutional memories for future generations.

According to him, understanding the nation’s past would help Nigerians learn from previous successes and failures while building a stronger future.

Adesina Urges Nigerians to Build on Existing Foundations

Delivering the keynote address, former President of the African Development Bank, Dr Akinwumi Adesina, said nation-building was a continuous process that required contributions from successive generations.

Adesina noted that no country could be built by one individual or a single administration, stressing the importance of leadership that leaves stronger foundations for those who come after.

He also called for unity of purpose among Nigerians, saying the country’s diversity should be harnessed toward building a prosperous future.

Daily Times Honours Nigerians

The centenary celebration also featured the Times Heroes Awards, with prominent Nigerians receiving recognition for their contributions to society.

The Ooni of Ife, Adeyeye Ogunwusi, received the Community Impact Award, while Adesina received the Global Impact Award.

Founder and Editor-in-Chief of ThisDay, Prince Nduka Obaigbena, was honoured with the Media Icon of the Decade Award.

Minister of Aviation and Aerospace Development, Festus Keyamo, received the Minister of the Decade Award, while APC National Chairman, Prof. Nentawe Yilwatda, was named Politician of the Year.

Several state governors and lawmakers were also recognised at the event.

The celebration marked 100 years of the Daily Times and highlighted the newspaper’s longstanding role in Nigeria’s media history and national development.

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