President Bola Tinubu will on Sunday address Nigerians in a nationwide broadcast at 7 am.

A statement by Ajuri Ngelale, presidential spokesperson, said television, radio, and other electronic media outlets are enjoined to plug into the network services of the Nigerian Television Authority (NTA) and the Federal Radio Corporation of Nigeria (FRCN) for the broadcast.

The president who has been in the centre of the protests against economic hardship and high living cost will address over 200 million Nigerians in a broadcast on Sunday, August 4, 2024, at 7:00 am, his spokesman Ajuri Ngelale said in a statement.

“Television, radio, and other electronic media outlets are enjoined to plug into the network services of the Nigerian Television Authority (NTA) and the Federal Radio Corporation of Nigeria (FRCN) for the broadcast.

“The broadcast will be repeated on the network services of the NTA and the FRCN at 3:00 pm and 7:00 pm on the same day,” he said.

The #EndBadGovernance protest scheduled from August 1 to August 10 has lost steam in Nigeria’s capital city.

As part of measures to contain the protest, authorities of the Federal Capital Territory (FCT) had obtained a court order that restricted the protesters to MKO Abiola National Stadium.

Conveners of the protest had demanded to use Eagle Square for convergence but were denied access.

However, on day one of the protest, they headed for Eagle Square where the police dispersed them with teargas after hours of resistance.

Security forces also had a tough time controlling different groups that blocked roads and lit bonfires across Abuja while the protest was held peacefully at the stadium.

As against the situation on the first two days of the protest, no protester was sighted at the Abuja Stadium when Daily Trust visited on Saturday morning.

Policemen and journalists at the stadium just stood around observing the situation.

“Them don go do weekend,” said a policeman who mocked the protesters while chatting with his colleagues.

Just at the time of going to press, some protest supporters posted a video where about 25 people were seen dancing in a group.

“Day 3 Protest in Abuja, Protesters are already gathering in their numbers!” an X user who tweeted via @DAMADENUGA captioned the post.

Day 3 Protest in Abuja, Protesters are already gathering in their numbers! #EndBadGovernanceInNigeria

pic.twitter.com/UfTbxjaJO2

— Dami’ Adenuga (@DAMIADENUGA) August 3, 2024

Nigeria’s President, Asiwaju Bola Ahmed Tinubu, says his administration has implemented bold policies to propel Nigeria’s economy out of the downturn caused by multiple shocks in the global economy.

Tinubu, represented by Vice-President Kashim Shettima, spoke on Friday while declaring open the 2024 African Caucus meeting held at the Transcorp Hotel, Abuja.

“As a government, we have initiated bold economic reforms aimed at steering our economy away from the downturns caused by multiple shocks in the global economy,” he said.

”We believe it is a path of recovery and resilience through significant economic transformation.

”Our reform efforts have been strategically focused on fostering fiscal and monetary efficiency, driving sustained long-term economic growth, and catalysing job creation in alignment with the SDGs’ priorities.”

According to Tinubu, his administration remains committed to optimising the nation’s economic potential to deliver favourable outcomes for citizens.

The president also said his government would ensure the overall sustainable development of the regional economy.

”Our efforts are yielding positive results, with improved macroeconomic stability and increased investment,” he added.

He urged African countries to improve the quality of life for people across the continent.

Speaking to African leaders, the president said there is a need to enhance international tax cooperation to combat illicit financial flows and ensure multinationals contribute fairly to economies on the continent.

“We need enhanced international tax cooperation to combat illicit financial flows and ensure that multinationals contribute fairly to our economies,” Tinubu said.

“We must also foster global economic cooperation to tackle shared challenges and leverage opportunities.

“However, we must also acknowledge the need to take responsibility for our own development by undertaking the difficult structural and fiscal reforms required to boost long-term growth.”

On his part, Wale Edun, minister of finance and coordinating minister of the economy, said available data revealed that 41 African countries were set for stronger growth of up to 3.8 percent from about 3.4 percent in 2022.

This, he said, will rise to 4.3 percent in 2025.

Edun, who is also the chairperson of the African Caucus, said these exceeded the global average of about 3.2 percent.

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), emphasised the significance of the meeting.

He said Africa stood at a “crossroads with unprecedented opportunities for development alongside significant challenges”.

Cardoso also said to navigate this complex landscape and set the continent on the path of sustainable economic growth, Nigeria must leverage the support of global partners.