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Tinubu pledges to reposition Nigeria’s economy

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Bola Tinubu, the Presidential Candidate of the All Progressives Congress (APC), on Thursday promised entrepreneurs that if elected he would reposition Nigeria for greater opportunities and development of its citizens.

He also promised to work towards creating and enhancing the security situation in the country to allow entrepreneurs to have an enabling environment to do their businesses.

Tinubu made the pledge at a business luncheon with business owners in Lagos.

The luncheon, entitled “Business Forward”, was held at the “Wings“ located on Victoria Island.

On the issue of fuel subsidy, he said if elected he would take bold decisions that would turn the nation’s economy around.

He said: ‘Nigeria will not continue to subsidise fuel consumption in neighbouring countries.

“How can we be subsidising fuel consumption of Cameroon, Niger, and Benin Republic? No matter how long you protest, we are going to remove the fuel subsidy.

“First, the primary responsibility of government is to protect the lives, property and prosperity of its citizens.

He said as governor of Lagos State, fixing the difficult security situation at that time was his first priority.

“Only after we secured the state and changed its reputation for the better, could we embark on the economic reforms that have ultimately produced the vibrant and active megacity of today.

“I am committed to securing Nigerians from violence and the fear of such violence, terror, kidnapping and banditry have no place in the society I envision,“ he said.

Tinubu told his audience that upon assuming office as president, he would move to implement several measures.

“We will increase the numbers of our military and non-military security forces and specialist anti-terrorist battalions would be established.

“Our Critical National Infrastructure Protection Plan will deploy aerial and ground surveillance technology to survey the most dangerous areas and secure our country’s vital national infrastructure and installations.

“We shall acquire and upgrade the tactical communications and mobility of our troops and security personnel.

“We must also devote greater attention to the care and welfare of our military and security forces who put themselves in harm’s way to keep us safe.

“In summary, our objective is to be able to out-manouvre outwit and outflank the terrorists and criminal groups. They want to defeat our democratic and good society. We shall defeat their evil one.

“As we fight insecurity, we must deal with our economy at the same time. We know that business and insecurity cannot thrive side-by-side,” Tinubu said.

He said his government would give room to allow the private sector to thrive by not interfering in their various businesses but be open for collaboration.

According to him, where the private sector is doing well, his government will not interfere.

“Our guiding principle regarding economic policy shall be to provide the right policy framework so that business can flourish.

“I want to do more than help existing businesses to exist. We must create the space where new sectors and lines of business can open.

“We must grow this economy so that it can accommodate over 200 million people with a decent standard of living.

“Part of the virtuous economic cycle we seek to create is to collaborate with the private sector to bring about massive infrastructural renewal.

“This will enhance economic opportunities, lower business cost and overheads while producing jobs that spur further growth and development through increased consumer demand,” Tinubu said.

On their part, the business entrepreneurs at the luncheon raised issues around education, healthcare development, electricity, investment climate, multiple exchange rates and prevailing oil subsidy, asking how Tinubu would deal with the challenges.

Responding, Tinubu said his aim was to develop local manufacturing and value-added businesses, deepen consumer lending, increase affordable housing and provide business owners with low-cost loans to modernise operations and improve productivity.

“We shall not be afraid to regulate wisely. We cannot allow instances like the collapse of FTX to happen here.

“We must protect businesses, consumer and investor confidence in equal proportion and improve the nation’s power sector which is critical to any economic development and strengthen the health sector,” Tinubu said

The News Agency of Nigeria (NAN) reports that the APC presidential candidate was joined by Gov. Babajide Sanwo-Olu of Lagos State, Group Chief Executive Officer of Oando Plc, Wale Tinubu and a former House of Representatives Speaker, Dimeji Bankole.

Others were former commissioners in Lagos State, Yemi Cardozo, Dele Alake and former EFCC Chairman, Nuhu Ribadu, among others.

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Commission, journalists partner to revamp water sector in Kaduna

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The Kaduna State Water Services Regulatory Commission (KADWREC) says it is partnering media practitioners towards revamping water services in the state.

Mr Dogara Bashir, the Executive Chairman of KADWREC, disclosed this on Monday at a one-day workshop organised for media practitioners on regulation of ‘Water, Sanitation and Hygiene’ (WASH) activities held in Kaduna.

Bashir said the commission was aware of the importance of the role media practitioners played in the society.

He stated that the workshop was to provide an avenue to liaise with them as important stakeholders on water supply and sanitation services in the state.

Bashir said: “As media practitioners, we believe you are a gateway to the citizens so, the workshop would acquaint you with some of the regulations already in place so that you can in turn transmit it to the public

“The state of water services in Kaduna State is in dire need of attention and the State Water Corporation and KADWREC were established towards addressing the seeming challenges.

“The commission is mandated to ensure better service delivery and regulation of water and sanitation services in the State.

“The idea is that once the regulations are developed, we send them to the State Ministry of Justice to gazette and then we get the state government to endorse and give the go ahead to commence the implementation of the regulations

“We intend to implement them fully come January, 2025 God willing, as we have embarked on advocacy activities having gone to zones 1 and 2 where we talked to traditional rulers, security agencies and the Judiciary.”

He disclosed that a special Court has already been attached to the commission by the Chief Judge of the State for service providers who may likely violate regulations.

The chairman further said that amongst the commission’s objectives include ensuring security, reliability and quality of service in the production and delivery of water to the consumers as well making regulations to control the sinking of boreholes.

Others included; maximising access to water services by promoting and facilitating consumer connections to distribution systems in urban and rural areas.

According to Bashir, they also include ensuring that regulatory decision-making has regards to all the relevant health, safety, environmental and social legislation applying to the water sector.

Bashir further said that the commission collaborate with the relevant state and federal agencies on water policies.

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Crime

2 ladies docked for allegedly obtaining money by fraud

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The police in Lagos have dragged two women, Mmesuma Ofunna, and Blessing Adimekwe, before an Ojo Magistrates’ Court in Lagos, over alleged obtaining money by false pretence.

Ofunna, 22, and Adimekwe, 25, were arraigned before the Magistrate, Mr L K J Layeni, on a four-count charge bordering on conspiracy, obtaining by false pretence, stealing and conduct likely to breach peace.

They each, however, pleaded not guilty to the charge.

The prosecutor, ASP Simon Uche, told the court that the defendants conspired with others now at large, to commit the offence on Oct. 26 at the Okokomaiko area of Ojo.

He alleged that they had obtained the sum of N70, 000 from one Faith Ahamefule, with a promise not to post her nude photo on social media.

The prosecutor alleged that the defendants later posted the nude photo of the nominal complainant on social media, knowing that their promise was false.

He alleged that they stole the N70, 0000, thereby conducting themselves in a manner likely to breach public peace.

The offence contravenes the provisions of sections 168(d), 287, 314, and 411 of the Criminal Law of Lagos State 2015.

The court granted the defendants bails in the sum of N500, 000 each, with two sureties each in like sum.

He adjourned the case until Jan. 8, 2025 for mention.

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Headlines

Driver jailed 6 months for attempting to steal a car

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A Jos Magistrates’ Court on Monday, sentenced a 37-year-old driver, Ahmad Umar to six months in imprisonment for attempting to steal a car.

The Magistrate, Shawomi Bokkos, summarily tried and sentenced the convict after he pleaded guilty to the charge.

Bokkos in his judgment, ordered the convict to pay an option of N30, 000 fine or spend six months in prison.

Earlier, the Prosecutor, Insp Ibrahim Gokwat, told the court that the case was reported on Oct. 10, at the Area Command Police station through a distress call by one Sydney Peacemorie the complainant.

Gokwat said the complainant parked his Toyota RAV4 in front of Access Bank and went inside to carry out some transactions, only to return to find the convict inside his car.

“The convict unlawfully opened the car and was in the driver’s seat when the complainant raised alarm and he was apprehended, but his accomplice escaped.

“The convict was severely beaten by a mob but was rescued by the police,” said Gokwat.

“The prosecutor said that the offence contravened the Plateau Penal Code Law.

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