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Thursday, January 4, 2024

Tinubu’s economic policies attracting foreign investors, ex-presidential aspirant claims

“We are encouraged that the president is closely looking at key areas that will upscale the nation and bring succour to the generality of Nigerians,” Mr Osifo said.

• January 3, 2024
Stanley Osifo and President Tinubu
Stanley Osifo and President Tinubu

A former APC presidential aspirant, Stanley Osifo, says President Bola Tinubu is closely looking at key areas that will upscale the nation and bring succour to Nigerians.

Mr Osifo, according to a statement on Wednesday, said this while reacting to Mr Tinubu’s 2024 New Year Message to Nigerians on Monday.

“We are encouraged that the president is closely looking at key areas that will upscale the nation and bring succour to the generality of Nigerians. His efforts are attracting foreign investors,” Mr Osifo said.

He said Mr Tinubu’s broadcast indicated good planning and development processes that the present administration had worked out and was ready to continue to implement.

The politician said the president had re-emphasised and touched on key areas the government had taken people-oriented decisions on.

According to him, some areas include implementing a new national living wage, providing stable electricity, agriculture and its value chain.

He applauded the president’s efforts at increasing petroleum products output and ease of doing business through reforms of fiscal and tax policies.

Mr Osifo said Mr Tinubu also pointed out the eight priority areas of his administration for 2024, which included defence, security, jobs, economy, investments, human development, poverty reduction and social security.

According to him, with the new national minimum living wage, Nigerian workers will earn more to increase service delivery.

“The new national wage, when implemented, will raise the capacity of workers to address issues as they arise. It will also put a halt to incessant calls for strike action by the labour unions.

“It will lead to better focus for workers to concentrate on their jobs, thereby increasing productivity levels of workers across the board,” Mr Osifo explained.

He said higher wages would also stimulate economic activities in the different sectors.

“It is my earnest desire to see more positive outcomes from the actions and policies of the president and his team in improving the status of Nigeria and Nigerians both at the local and international spheres.

“I want to use this medium to congratulate the president and Nigerians for peaceful celebrations of the New Year and want to wish everyone a most fulfilling and successful year ahead,” he said.

Mr Tinubu, in his broadcast on Monday, said his government would work diligently to ensure every Nigerian feels its impact.

The president said his government had laid the groundwork for an economic recovery plan within the last seven months of 2023. 

(NAN)

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