In a landmark media chat held at his Bourdillon residence in Lagos on December 23, 2024, President Bola Ahmed Tinubu addressed several pressing national issues. This was his first Presidential Media Chat, and it provided a platform for the President to articulate his administration’s policies and respond to public concerns.
Tax Reforms and Economic Growth
President Tinubu emphasized the importance of the controversial tax reform bills, stating that they are designed to eliminate the remnants of colonial influence on Nigeria’s economy. He asserted that these reforms are essential for modernizing the economy and ensuring sustainable growth. “We cannot continue to do what we were doing yesterday in today’s economy,” he remarked, highlighting the need for innovative approaches to economic management.
Fuel Subsidy Removal
The President defended his decision to remove the fuel subsidy, a move that has sparked widespread debate. He argued that the subsidy was a drain on the nation’s resources and that its removal was necessary to redirect funds towards more productive investments. “We were spending our future. We were spending our generations’ fortune,” Tinubu stated, underscoring the long-term benefits of this policy change.
Insecurity and National Security Architecture
Addressing the issue of insecurity, President Tinubu expressed confidence in the current security architecture. He acknowledged the challenges but noted significant improvements in safety and security across the country. “Today, you can still travel the roads. Before now, it was impossible,” he said, reflecting on the progress made in combating insecurity.
Stampede Incidents and Public Safety
The President also touched on the tragic stampede incidents that occurred during palliative distributions. He extended his condolences to the affected families and emphasized the need for better organization and discipline in such activities. “If you know you don’t have enough to give, don’t attempt or publicize it,” he advised, stressing the importance of careful planning and execution in public welfare initiatives.
Budget Deficit and Economic Strategy
On the topic of the budget deficit, Tinubu acknowledged past missteps but focused on future prosperity. He emphasized the need for strategic investments and prudent economic management to ensure a brighter future for Nigeria. “I want to think about prosperity for our country. I want to think about tomorrow, today,” he stated.
Cabinet Efficiency
When questioned about the size of his cabinet, President Tinubu defended the current structure, arguing that efficiency and effectiveness are more important than the number of ministers. He highlighted the value each cabinet member brings to governance and dismissed the idea of reducing the cabinet size as impractical for a country as large as Nigeria.
Conclusion
President Bola Ahmed Tinubu’s media chat provided valuable insights into his administration’s policies and priorities. His emphasis on tax reforms, economic growth, and national security reflects a commitment to addressing Nigeria’s challenges head-on. As the nation navigates these transformative changes, the President’s vision and leadership will be crucial in shaping a prosperous future for all Nigerians.