Esther Salifu
The All Progressives Congress Party has congratulated Nigerians on the auspicious occasion of the one year anniversary of President Bola Tinubu’s administration.
The party in a press release signed by the APC Publicity Secretary Felix Morka
applauded the President for keeping faith with the Renewed Hope Agenda.
“The President is striving with unmatched zeal and vigor to deliver on his cardinal electoral promise to oversee the full restoration and revitalization of all aspects of the country’s social, political, and economic development”, he said
He said the President has approved the harmonisation of existing multiple foreign exchange regimes that had become a gaping drain, and massive hamper to economic growth and development.
“This was quickly followed with a slew of other critical reforms, including the Oyelede Committee on Tax and Fiscal Policy Reform; reconstituting the leadership of the Federal Inland Revenue Service (FIRS); directing the Nigerian National Petroleum Company (NNPC) to remit its dollar earnings to the Central Bank of Nigeria (CBN), waging a beneficial war against crude oil theft and improving on the country’s oil exports and earnings”, he noted.
APC further added that the administration’s relentless drive for foreign direct and portfolio investments into the nation’s economy is unrivaled, yielding tens of billions of US Dollars in investments into the economy in the first year under review.
” Investment in Nigeria stock market has ballooned from N18 billion in Q1 of 2023 to N98 billion in Q1 of 2024, an increase of 415 percent, just as the nation’s annual economic growth accelerated to 3.46 percent from 2.5 percent.”
In the same vein, he said the President has also left an incredible first year footprint on high grade infrastructure delivery not only in Abuja, the Federal Capital Territory, but around the country.
“The recently flagged off 700-kilometer Lagos-Calabar Coastal Highway will create jobs and boost tourism and economic development on completion. After decades of abandonement, the Sokoto-Badagry super-highway is now set to become a reality. “
“The Abuja Metro rail; Port-Harcourt-Maiduguri rail; Ibadan-Abuja-Kaduna rail; Kano-Katsina-Maradi rail, and hundreds of roads and bridges across the federation are some of the landmark projects on the plate of this government.
“From huge interventions to boost food security to drastic revamping of the security architecture and infrastructure to increased funding and reform of the health sector, the administration is steadily reclaiming lost ground and repositioning Nigeria for a future of greatness”, the Party said.
APC further noted that the President has governed with remarkable candour and forthrightness.
“He has been clear that some of the policies implemented by his administration will not be without pain especially for the poorest and most vulnerable citizens of our country. The President and our Party remain keenly aware and attentive to these difficulties.”