In a heartfelt broadcast on Sunday, August 4, 2024, President Bola Ahmed Tinubu addressed the nation regarding the recent wave of protests that have swept through several states, including Borno, Jigawa, Kano, and Kaduna. The President expressed deep sorrow over the tragic loss of lives and extensive property damage, which marred what began as peaceful demonstrations.
President Tinubu acknowledged the frustration and aspirations of the young Nigerians participating in the protests, who seek a more promising future. However, he condemned the escalation into violence and looting, which he stressed undermines the nation’s progress. “The destruction of properties sets us back as a nation, as scarce resources will be needed to restore them,” he stated.
The President extended his condolences to the families of those who lost their lives during the unrest and emphasized the government’s duty to maintain public order. He called on the protest organizers to suspend further demonstrations and engage in dialogue, reaffirming his administration’s openness to discussion and collaboration. He also warned against any acts of ethnic bigotry and threats, emphasizing that such actions would be dealt with by the law.
Addressing the nation’s economic challenges, President Tinubu discussed the rationale behind recent policy decisions, including the removal of fuel subsidies and the unification of the foreign exchange market. He described these measures as crucial steps to stabilize and revive the economy, which has been strained by years of mismanagement. The President highlighted that these reforms have already led to increased government revenues and a reduction in debt service obligations.
Furthermore, the President outlined the government’s initiatives to support citizens, such as the introduction of the Compressed Natural Gas (CNG) Initiative aimed at lowering transportation costs and reducing reliance on petrol imports. He also mentioned the creation of jobs through infrastructure projects and various youth empowerment programs, including the student loan scheme and technical training initiatives.
In closing, President Tinubu called for unity and patience as the country navigates these challenging times. He assured Nigerians of his commitment to delivering good governance and building a just and prosperous nation where everyone’s rights are respected and protected. He urged all citizens to work together towards a peaceful and stable future.
