The federal government has highlighted some of the achievements of President Bola Ahmed Tinubu in the last 100 days.
It is exactly 100 days ago, Tinubu assumed office as the 16th President of Nigeria.
FG noted that Tinubu began the journey to rebuild the country’s battered economy in a difficult situation.
A statement signed by the Minister of Information and National Orientation, Mallam Mohammed Idris, noted that the country’s public debts – both local and foreign – coupled with an unsustainable fuel subsidy regime created a gaping hole in public finance and rendered the three tiers of governments insolvent and incapable of meeting the needs of the citizens.
In solving the problems, the minister noted that Tinubu took a bold and courageous decision “to remove the fuel subsidy to avert a national economic catastrophe of epic proportions.
He described the fuel subsidy regime as a Sword of Damocles that hung over Nigeria for decades, adding that it stunted the growth of the country and set it a-borrowing.
Quote
“In addition to subsidy removal, President Tinubu took further steps to unify the multiple foreign exchange markets,”
the statement said.Quote
“While these two vital steps to save the country from hitting the rocks brought momentary discomfort to Nigerians, President Tinubu has never failed in his appeal to Nigerians to see the current inconveniences as a price we must all pay to save our country from disappearing.
“Considering the people’s pains, the government rolled out intervention programs to help cushion the unintended negative impacts of the reforms.
“These interventions include working out a minimum wage and salary increase, supporting states and local governments to enable them to cater for the most vulnerable among us, providing fertilizers to farmers, grains to households, cash transfers to people with low incomes.
“In addition to these, there are plans to roll out over 11,000 CNG buses for affordable public transportation among others.
“While striving to reduce the impact of the high cost of living on the citizens, President Tinubu has focused on redirecting our economy and removing the impediments to productivity and competitiveness so that the real sector can grow and create millions of decent jobs that are essential for long term economic growth.
“In the last 100 days, the government set up a Tax and Fiscal Reforms Committee that is fully at work to deepen the ongoing reforms and reposition the national economy for long-term sustainability. A renowned Tax and Fiscal Policy expert is leading this committee.
“Part of the committee’s mandate, working with the state governments, is to simplify our complicated tax system, eliminate multiple taxes, streamline regulations that negate the ease of doing business, and close the over 20 trillion annual tax gap.
“To ensure that Nigerians and businesses are not burdened with new taxes, the administration will promote efficiency in revenue collection.
“Within the last 100 days, President Tinubu has worked to promote political stability in Nigeria because he understands that there cannot be any meaningful progress and development without peace.
“The administration has stabilised the polity and reduced tensions associated with ethnic and religious agitations by better managing our diversity.
“Tinubu ensured balance in all the appointments into key government positions including that of service chiefs from diverse parts of the country.
“President Tinubu emerged as the Chairman of the ECOWAS Authority of Heads of State and Government within his 100 days in office.
“In the last 100 days, President Tinubu has offered purposeful leadership and set the administration’s tone, texture, and character.
“Considering the people’s pains, the government rolled out intervention programs to help cushion the unintended negative impacts of the reforms.
“These interventions include working out a minimum wage and salary increase, supporting states and local governments to enable them to cater for the most vulnerable among us, providing fertilizers to farmers, grains to households, cash transfers to people with low incomes.
“In addition to these, there are plans to roll out over 11,000 CNG buses for affordable public transportation among others.
“While striving to reduce the impact of the high cost of living on the citizens, President Tinubu has focused on redirecting our economy and removing the impediments to productivity and competitiveness so that the real sector can grow and create millions of decent jobs that are essential for long term economic growth.
“In the last 100 days, the government set up a Tax and Fiscal Reforms Committee that is fully at work to deepen the ongoing reforms and reposition the national economy for long-term sustainability. A renowned Tax and Fiscal Policy expert is leading this committee.
“Part of the committee’s mandate, working with the state governments, is to simplify our complicated tax system, eliminate multiple taxes, streamline regulations that negate the ease of doing business, and close the over 20 trillion annual tax gap.
“To ensure that Nigerians and businesses are not burdened with new taxes, the administration will promote efficiency in revenue collection.
“Within the last 100 days, President Tinubu has worked to promote political stability in Nigeria because he understands that there cannot be any meaningful progress and development without peace.
“The administration has stabilised the polity and reduced tensions associated with ethnic and religious agitations by better managing our diversity.
“Tinubu ensured balance in all the appointments into key government positions including that of service chiefs from diverse parts of the country.
“President Tinubu emerged as the Chairman of the ECOWAS Authority of Heads of State and Government within his 100 days in office.
“In the last 100 days, President Tinubu has offered purposeful leadership and set the administration’s tone, texture, and character.
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