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Nigerians Made Wise Decision By Electing You — Buhari To Tinubu

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  • Says We’ve Touched All Sectors Positively

 

President Muhammadu Buhari says Nigerians made a wise decision by electing Bola Tinubu to succeed him.

According to a statement issued by Femi Adesina, presidential spokesperson, Buhari spoke on Thursday after he bestowed Tinubu with the Grand Commander of the Federal Republic (GCFR) honour.

The GCFR honour is the highest in the country and are bestowed on presidents.

The President said he “run a good race” and finished his course, noting that it was time for the baton to be taken from him.

Buhari who was elected in 2015, got re-elected in 2019 and will complete his second term in office on May 29 when Tibubu is sworn in.

Buhari said Tinubu’s victory at the February 25 presidential election was “well-deserved”.

“The Nigerian people have recognised your leadership qualities, political acumen, and passion to serve our great nation, and have entrusted you with the burden of governing our beloved country,” Buhari said.

“I do not doubt that Nigeria will continue to thrive and achieve new heights under your leadership. You were the best candidate at the elections and Nigerians have chosen wisely.”

The President expressed optimism that Tinubu would serve Nigeria with “utmost dedication and integrity”.

He told Tinubu that leadership responsibilities come with challenges but that he needs to tackle them with courage, wisdom, and compassion.

“We must remain committed to the principles of good governance, transparency, and accountability, as these are the foundations upon which our nation’s progress and development rely,’’ Buhari said.

Buhari said Tinubu has a long and “illustrious track record of public service, marked by your exceptional achievements in various capacities”.

“Your transformative leadership in Lagos state, where you left an indelible mark in the areas of infrastructure, education, healthcare, and economic development, speaks volumes about your dedication to the welfare of the Nigerian people,” he said.

Reflecting on the performance of his administration, Buhari said his government has worked hard to tackle “hydra-headed” issues.

He said his administration has touched all aspects of the nation’s economy positively, including reducing kidnapping and terrorism to the “nearest minimum”.

“Despite the aforementioned challenges, our administration has made economic gains over the years. Our administration’s commitment and determination in the infrastructural upliftment of Nigeria have remained unshaken.

“Despite the shortfall in the federal government’s revenue, due to the weakness in the global economy that led to a drop in oil revenue, we have touched on all sectors of the Nigerian economy positively.

“As we celebrate the monumental infrastructural strides achieved by this administration, it is pertinent to acknowledge that these transformative endeavours have not only reshaped our physical landscape but have also paved the way for remarkable economic outcomes that reverberate across our nation.”

BIG STORY

How The State Assembly Fuels The Growth Of Lagos And Nigeria’s Economy — Obasa [PHOTOS]

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Speaker of the Lagos State House of Assembly, Rt. Hon. (Dr.) Mudashiru Obasa has declared unequivocally that Lagos State and, by extension, Nigeria’s economy have benefited immensely from the progressive, proactive, and productive legislature under his watch.

Obasa made this declaration at The Expatriates Business Awards (TEBA) held Sunday, July 6, at the Grand Ballroom of the Oriental Hotel, Victoria Island, where he was the Chief Host.

Organised by Pun Communications Ltd., the TEBA, an evening of culture and commerce where the handshakes of diplomacy meet the heartbeats of Nigerian creativity, celebrates the significant contributions of expatriates, ethnic businesses, and migrant communities to Lagos and Nigeria.

In his rousing welcome address to a diverse audience of diplomats, industry leaders, and entrepreneurs, Speaker Obasa spotlighted the state assembly, which he had led for the past decade, as an integral catalyst to Lagos’ economic growth for enacting laws that have created an enabling environment for businesses, attract investments, and foster sustainable economic growth.

Aside reviewing and amending laws to address emerging economic challenges and opportunities, the Speaker said the Assembly plays a crucial role in promoting economic development by enacting and overseeing laws that govern public procurement like the Public Procurement Law (2021), which regulates how the state procures goods and services and promotes transparency and accountability in government spending.

There is also the Appropriation Law for resource allocation for various development projects and initiatives, and the Public-Private Partnership (PPP) Law that facilitates collaboration between the public and private sectors to deliver projects like roads, power plants, and other essential infrastructure. The Speaker further mentioned the Land Use and Management Laws, which govern land use, development, and allocation, crucial for attracting investment and facilitating development projects.

To ensure the safety and security of Nigerians and foreigners alike, and boost the confidence of expatriates in coming to live and invest in Lagos, Obasa said, “We also created the Lagos State Neighbourhood Safety Corps (LNSC) to assist and complement the police by providing valuable intelligence for crime prevention and facilitating the arrest of perpetrators of criminal activities in the state.”

However, Speaker Obasa said that aside from the legislature, the state has benefited tremendously from being accommodating and receptive to foreigners. He recalled that this distinct nature of the state spurred a Portuguese explorer who was fascinated by the city’s strategic coastal location and trade potential to rechristen Eko as the state was then known to ‘Lagos.’

Over the centuries, Obasa noted that the incursion of expatriates into the evolving Lagos economy ensured that it enjoyed more rapid growth than any other Nigerian city, citing expatriates’ spending on housing, education, and leisure, among other areas of life as being a huge boost for local businesses.

He added, “As a centre for commerce, industry, and innovation, we have built a state where expats report a high quality of life, enjoying many luxuries not accessible back at home, and businesses and tourism thrive.

“Lagos also creates a fertile and enabling ground for expatriate involvement as their invaluable contributions span leadership in major companies, participation in key industries, contributions to professional services, and importation of international expertise.”

While acknowledging the importance of collaboration and unity in driving progress, fostering economic growth, creating jobs, and enhancing Lagos’s global standing, Speaker Obasa called for a more mutually beneficial partnership.

“This is a clarion call to our expatriates to continue playing their parts here by paying taxes and giving back to our people through veritable Corporate Social Responsibility activities. This is the only way we can have a mutually beneficial and harmonious relationship because your enterprises and initiatives are not just a boon for our state but, for all of Nigeria, Africa, and the world,” he posited.

Commending the organisers for their vision in highlighting and celebrating the impact of expatriates on Nigeria’s economy, Obasa encouraged the diverse guests to celebrate not only the winners but also the spirit of entrepreneurship.

He concluded, “Let us network, share ideas, and inspire one another as we continue to forge stronger ties within our diverse communities. Together, we can build a sustainable future that harnesses our collective strengths. With that, it gives me great honour to officially declare the Expatriates Business Awards open!

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BIG STORY

JUST IN: Several Passengers Injured As Commercial Bus Somersaults On Lagos Third Mainland Bridge [PHOTOS]

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A serious accident involving a Toyota Camry and a commercial bus, commonly called Danfo, happened on Monday along the 3rd Mainland Bridge in Lagos, leaving many passengers injured.

Reports indicate the crash took place just before Adekunle Junction, heading towards Lagos Island on Monday.

The commercial bus reportedly somersaulted multiple times after the impact.

According to a statement from the Lagos State Rapid Response Squad (RRS), there were no fatalities in the accident.

RRS officials, including bikers and patrol teams, quickly arrived at the location to provide first aid and support to the injured passengers.

Officers from the Adekunle Police Division also responded promptly and are assisting with rescue efforts, while emergency agencies have been deployed to handle the situation and ensure the safe evacuation of victims.

The statement said, “A road accident between a Toyota Camry and a commercial bus Danfo has left several passengers injured on 3rd Mainland Bridge.

The accident occurred before Adekunle Junction, inward Lagos. The commercial bus sumersualting multiple times.

RRS biker and patrol vehicles are assisting in helping on giving first aid to the injured passengers, while men of the Adekunle Police Division are equally on ground, and are providing rescue support.”

The statement also noted, “Emergency services providers have been mobilised. No life loss in the unfortunate incident.

Free flow of vehicular movement has been restored and the ill-fated vehicles evacuated from the road.”

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BIG STORY

Donald Trump Threatens Additional 10% Tariffs On BRICS, Partner Countries

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United States President Donald Trump has declared that countries aligning with the “Anti-American policies of BRICS” will face an extra 10 percent tariff.

“There will be no exceptions to this policy,” Trump stated in a Truth Social post.

His statement comes as the US begins formally notifying affected countries of the tariffs announced earlier this year, with letters and deals scheduled to roll out on Monday.

Trump has consistently criticised BRICS, an economic bloc comprising Brazil, Russia, India, China, and South Africa.

The group was initially formed to strengthen the international positions of its members and counterbalance the US and western Europe.

The bloc later expanded to welcome Iran, Egypt, Ethiopia, and the United Arab Emirates (UAE) in 2024, with Indonesia becoming the first Southeast Asian member the following year.

In January, Nigeria joined Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Thailand, Uganda, and Uzbekistan as BRICS’ ninth partner country after the creation of the partner-country category at the 16th BRICS Summit in 2024.

Nigeria has continued to pursue full membership.

Since assuming office in January, Trump has rolled out a series of import tariffs on goods from other nations, including a 14 percent tariff on Nigeria.

Meanwhile, Brazil reported that BRICS foreign ministers had expressed “serious concern at the prospect of a fragmented global economy and the weakening of multilateralism” during a meeting in Rio de Janeiro.

Brazil’s statement was not a joint declaration by the bloc, as divisions among its members have grown.

The statement also did not specifically mention the United States, whose unilateral tariffs have triggered worries over a potential global economic slowdown.

When the tariffs were initially introduced, Trump encouraged affected countries to strike deals with the US in hopes of gaining concessions.

As the tariff letters are sent out on Monday, the US president told global counterparts to “take it or leave it”.

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