News in brief:
– President Tinubu says 400,000 Nigerians will be empowered in July 2025 through initiatives in agriculture and job creation.
– He also highlighted reforms in taxation, digital governance, and food security to reduce inflation and boost the economy.
President Bola Ahmed Tinubu has announced that his administration will empower 400,000 Nigerians starting in July 2025 during his Democracy Day address at the National Assembly on June 12.
Focus on agriculture, jobs, and food Security
Emphasising self-sufficiency and national productivity, the President stated that Nigerians must learn to produce what we consume. He highlighted ongoing efforts to provide tractors to farmers across the country to improve mechanised farming and boost food production.
Tinubu explained that while rural communities are being strengthened through food security initiatives, urban areas are also benefiting through job creation schemes.
Tackling food inflation and strengthening the economy
As part of broader economic reforms, the President noted that his government has introduced tax reforms aimed at improving revenue generation. He also mentioned ongoing efforts to increase Nigeria’s foreign reserves.
Tinubu stated that measures are being implemented to reduce food inflation, a pressing concern for millions of Nigerians, by enhancing domestic production and cutting costs in the food value chain.
The President added that technology is playing a vital role in his administration’s reforms.
“Digital tools now help us reduce waste and boost performance,” he said, emphasising the government’s commitment to using innovation to ensure transparency and deliver results across sectors.
