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Nairaland Forum / Nairaland / General / Politics / Transcript Of President Tinubu's Speech On The Current Economic Challenges (65686 Views)
Full Transcript Of Bola Ahmed Tinubu's Acceptance Speech / Full Transcript Of Amaechi's Leaked Tapes "Insulting Buhari" / Transcript Of IGP Ibrahim Idris' 'Transmission' Message (Video) (2) (3) (4)
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Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Babastrong(m): 8:20pm On Jul 31, 2023 |
[quote author=UnfairLife7 post=124791961]your tribe will feel the pain more. IGBOS are business oriented from beginning. Your people are always at Emeka shop begging him to buy rice on credit [kikiikiki. face your trading and leave politics for us.] |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by mrvitalis(m): 8:21pm On Jul 31, 2023 |
Curse777:Why would they do that when they signed to give it to a specific decroo |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by BreconHills(m): 8:21pm On Jul 31, 2023 |
ganisucks: You surely have enough grey matter to take apart points raised by him and to offer a citizens alternative. To undertake a sweeping dismissal of a multi point program is sheer intellectual laziness. Although I do not agree with many of your comments, I expected much more from you. |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Nobody: 8:21pm On Jul 31, 2023 |
Dittodat: you wey get IQ you don chop today? all these products of rainy season miscreants. |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by boldtruthalways: 8:21pm On Jul 31, 2023 |
Nonsense speech.....he did nit address the single thing bitting hard on Nigerians now...Fuel hike. Let the savings be ysed to make the refineries work in 6months time. If nit, get off the way. 2 Likes |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by ganisucks(f): 8:23pm On Jul 31, 2023 |
Dittodat:Okay. Abi, wen dem sack una, you go rest. |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by trutharena: 8:23pm On Jul 31, 2023 |
mrvitalis: That shows you don’t read what’s up there. He specifically mentioned that commercial banks/microfinance banks will develop a viable and appropriate structure for all stakeholders for the billions. It means they will be the one to disburse the money to the farmers which is identical to what you opined. Now let’s see the other blame you’ll throw. 4 Likes 1 Share |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Curse777: 8:23pm On Jul 31, 2023 |
mrvitalis: There is a SME facility from CBN since Obasanjo days that is removed from taxes which should go to start ups.. only Sterling bank makes it available. The rest don't even talk about it |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Kenmatt(m): 8:23pm On Jul 31, 2023 |
Okoroawusa: I don't support like a Sheep. 1 Like |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Elmgnifico(m): 8:24pm On Jul 31, 2023 |
Quite a touching speech, crying... Nansense... 1 Like |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Kanixt(m): 8:24pm On Jul 31, 2023 |
Still making promises like buhari....for 8yrs |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by ganisucks(f): 8:25pm On Jul 31, 2023 |
BreconHills:If an examiner sees a ridiculously written answer script which clearly shows that the student is not serious, will he waste his time pointing out mistakes, or will he not just cancel the whole thing. The address was a big joke. 2 Likes |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Dittodat: 8:25pm On Jul 31, 2023 |
UnfairLife7: 15. To strengthen the manufacturing sector, increase its capacity to expand and create good paying jobs, we are going to spend N75 billion between July 2023 and March 2024. Our objective is to fund 75 enterprises with great potential to kick-start a sustainable economic growth, accelerate structural transformation and improve productivity. Each of the 75 manufacturing enterprises will be able to access N1 Billion credit at 9% per annum with maximum of 60 months repayment for long term loans and 12 months for working capital. 16. Our administration recognises the importance of micro, small and medium-sized enterprises and the informal sector as drivers of growth. We are going to energise this very important sector with N125 billion. 17. Out of the sum, we will spend N50 billion on Conditional Grant to 1 million nano businesses [/b]between now and March 2024. Our target is to give N50,000 each to 1,300 nano business owners in each of the 774 local governments across the country. 18. Ultimately, this programme will further drive financial inclusion by onboarding beneficiaries into the formal banking system. In like manner, we will fund [b]100,000 MSMEs and start-ups with N75 billion. Under this scheme, each enterprise promoter will be able to get between N500,000 to N1million at 9% interest per annum and a repayment period of 36 months. Those are 4 to 5 different business opportunities. Start using your brain and stop wailing all over the place. Some will take advantage of it, and people like you will come back to claim that the govt made them prosperous many years from now. But when the opportunities were made available today, you are so blinded by the cacophony of politics that you failed to see them. Some are already thinking about how to get some of this money for real and viable businesses. Dey there dey wail and cry. Shiiiooorrrrr Lazy bums like you are expecting him to say that he will give everyone 1 Million naira each abi? The money wey country no get. Olodo 1 Like 2 Shares |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Tennites(m): 8:25pm On Jul 31, 2023 |
jmoore: They should extend the subsidy removal by 6 months just like they did Naira redesign policy 1 Like |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Kayyy: 8:25pm On Jul 31, 2023 |
Curse777: God bless you, even if you tell the banks to give a report of people that have accessed the loan, they can get a list done within themselves and justify how they released the loans 1 Like 1 Share |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by mrvitalis(m): 8:25pm On Jul 31, 2023 |
Curse777:Place a fine of 200 billion to each bank that fails to do that People disobey government because there is no consequences You think Americans want to calculate their own tax? U think they want to obey traffic rules? ... They know the consequences of not doing it |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by ogododo: 8:26pm On Jul 31, 2023 |
FreeStuffsNG:Una dey reason like person wey get blood. |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Decarbonisation: 8:27pm On Jul 31, 2023 |
Not interested in frauds and criminals Illegal bastar....d |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by MrTed(m): 8:28pm On Jul 31, 2023 |
Analysis of President Bola Ahmed Tinubu's speech on the economy In his speech, President Bola Ahmed Tinubu outlined the economic reforms he has implemented since taking office. These reforms include the removal of fuel subsidies, the unification of the naira's multiple exchange rates, and the introduction of a new Infrastructure Support Fund for the States. The President justified these reforms by arguing that they were necessary to address the long-term economic imbalances that had plagued Nigeria. He also promised that the savings from these reforms would be used to benefit the people of Nigeria, such as by providing loans to higher education students and making education more affordable. The President's speech was well-received by many Nigerians, who were tired of the corruption and inefficiency that had characterized the country's economy for so long. However, some critics argued that the reforms would lead to higher prices for goods and services, which would disproportionately impact the poor. Overall, the President's speech was a clear and concise explanation of his economic agenda. He outlined the challenges that Nigeria faces and the reforms that he believes are necessary to address them. While some critics may disagree with his approach, there is no doubt that the President is committed to improving the economy for the benefit of all Nigerians. Here are some of the key points from the speech: 1. The fuel subsidy was a major drain on the economy and only benefited a small group of people. 2. The multiple exchange rate system was unfair and made it difficult for businesses to operate. 3. The new Infrastructure Support Fund for the States will help to improve infrastructure and create jobs. 4. The savings from the reforms will be used to benefit the people of Nigeria, such as by providing loans to higher education students and making education more affordable. Here are some of the challenges that Nigeria faces: 1. Corruption 2. Inefficiency 3. High unemployment 4. Poverty 5. Infrastructure deficit Here are some of the reforms that the President believes are necessary: ▪️Economic diversification ▪️Infrastructure investment ▪️Business environment reform ▪️Corruption fighting ▪️Social inclusion I believe that the President's economic reforms are a step in the right direction. However, it is important to note that these reforms will take time to have a positive impact on the economy. In the short term, there may be some pain as prices for goods and services increase. However, I believe that the long-term benefits of these reforms will outweigh the short-term costs. Report Written by Comrade Ibrahim Aliyu, Strategic Management and Leadership Consultant from Abuja 1 Like |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Slynation(m): 8:29pm On Jul 31, 2023 |
Inspite of all what I read, there was no tangible procedures to address the fuel hikes... There was nothing about the electric generation, no plans to revamp the refinary, nothing about security issues, more like we should accept Nigeria the way it is while I give palliative to the vulnerable to be managing until I leave office... All Baba was projecting was give give and give, knowing fully well these can't finance any tangible business in Nigeria. A government of "enye ndi ebae, enye ndi ibè. mana ife n'egbe ka negbe" Then I realized, there was no plan from the onset, it was just his turn... 2 Likes |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Nobody: 8:29pm On Jul 31, 2023 |
What did the Reetualist Thief said? Someone who read should summarize. |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Afobaba33(m): 8:29pm On Jul 31, 2023 |
jmoore: I just weighed your brain Seriously it's not different from cockroach 1 Like |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by olympianares: 8:29pm On Jul 31, 2023 |
All the epistle,and nothing about building new refineries and revamping the old ones Cluelessness at its peak Talking about fuel subsidy removal 1 Like |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Kukutente23: 8:29pm On Jul 31, 2023 |
jmoore:God bless you. The man simply rehashing the same Sure-P document he derailed. Such shamelessness. |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by kokorokoman: 8:29pm On Jul 31, 2023 |
ganisucks:it's everybody's right to complain but when you complain over everything it becomes noise. They asked you a simple question, since you are forming "Mr know it all" but you chose to resign, how come you that's clueless about problem solving is now insulting the man that's facing the problems headlong? |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by DenreleDave(m): 8:30pm On Jul 31, 2023 |
mrvitalis:.. Do you fully trust bank with nigerians? Honestly I don't even trust Bankers 2 Likes |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Nauttyprof(m): 8:30pm On Jul 31, 2023 |
ganisucks: You are the joke if you are blind to see in details what were mentioned. But I will leave you with the President's final words - Now, I must get back to work in order to make this vision come true. Allow him to work........ |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Ray07(m): 8:30pm On Jul 31, 2023 |
Okoroawusa:It shows his not a fool like you lots. Learn to use your brain. 1 Like |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by frog12: 8:30pm On Jul 31, 2023 |
so those small select group of people no get names?? the sheep shouting wolf anyhow! 3 Likes |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by Sheriman(m): 8:30pm On Jul 31, 2023 |
He will read the same speech next year na still the same thing. Trillion of naira that they will soon loot and share among themselves. Money generation is not our problem in this country na our mismanagement dey cause our backwardness as a country 1 Like |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by jmoore(m): 8:31pm On Jul 31, 2023 |
Afobaba33:Your own skull have been mined. Na saw dust full am. |
Re: Transcript Of President Tinubu's Speech On The Current Economic Challenges by isArray: 8:31pm On Jul 31, 2023 |
4. This group had amassed so much wealth and power that they became a serious threat to the fairness of our economy and the integrity of our democratic governance. To be blunt, Nigeria could never become the society it was intended to be as long as such small, powerful yet unelected groups hold enormous influence over our political economy and the institutions that govern it. - Who are these group of people? - Why are there no punishment for these group of people 2 Likes 1 Share |
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