President Muhammadu Buhari has stated that in the past seven years, his administration has made significant progress in the eradication of deeply entrenched corruption that permeates all facets of national development.
Buhari in his last Independence Day address to the nation as Nigeria’s President, he said his administration strengthened the institutions for tackling corruption and also cultivated international support, which aided the repatriation of huge sums of money illegally kept outside the country.
According to him, the increasing number of prosecutions and convictions, with associated refunds of large sums of money is still ongoing. He vowed that he would continue to block opportunities that encourage corrupt practices.
He also said under his watch in seven years plus, relevant security agencies have worked methodically in “reducing insurgency in the North East, militancy in the Niger Delta, ethnic and religious tensions in some sections of Nigeria along with other problems threatening our country.”
President Buhari also said his administration’s efforts in re-setting the economy manifested in Nigeria exiting two economic recessions by the very practical and realistic monetary and fiscal measures to ensure effective public financial management.
He added that, the effective implementation of the Treasury Single Account and cutting down on the cost of governance also facilitated early exits from recessions.
Buhari said his administration succeeded in removing several decades of uncertainty for potential Investors in the Oil and Gas sector with the passage of the Petroleum Industry Act, 2021.
According to him, this landmark legislation created opportunities for foreign investments in addition to improving transparency in the management of the sector.
He added that the administration also gave the desired priority to the Agricultural Sector through a series of incentives to Micro, Small and Medium Scale Enterprises that resulted in creating millions of jobs.
On insecurity, he stated: “As we continue to de-escalate the security challenges that confronted us at inception of this administration, newer forms alien to our country began to manifest especially in the areas of kidnappings, molestations/killings of innocent citizens, banditry, all of which are being addressed by our security forces.
“I share the pains Nigerians are going through and I assure you that your resilience and patience would not be in vain as this administration continues to reposition as well as strengthen the security agencies to enable them to deal with all forms of security challenges.
On the strike by the university lecturers, he said: “As we put in place all measures to ensure that Nigeria takes her place in the Comity of Nations, we recognize the importance of a well-educated populace as a panacea to most of the challenges we face.
“We have, therefore, pursued policies and implemented programmes designed to create a literate and proficient society that ensures that citizens are availed with opportunities for life-long achievements.
“I must confess that I am very pained by the recurring disruption to our tertiary education system and I am using this Independence Day celebration to re-iterate my call for the striking Academic Staff Union of Universities (ASUU) to return to the classroom while assuring them to deal with their contending issues within the limits of the scarce resources available. This administration has made appreciable progress in redressing these issues that have been lingering for over eleven years.
“”The Federal Government will continue to mobilize resources both internationally and nationally towards funding education to ensure that our citizens are well educated and skilled in various vocations in view of the fact that education is a leading determinant of economic growth and employment generation.
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