Democracy Day: Key Points Of President Muhammadu Buhari's Speech
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| Photo source: abujafacts.ng |
Here are some of the key points of the speech President Muhammadu Buhari gave:
It has been a year of triumph, consolidation, pains and achievement. By age, instinct and experience, my preference is to look forward, to prepare for the challenges that lie ahead and rededicate the administration to the task of fixing Nigeria.
We affirm our belief in democracy as the form of government that best assures the active participation and actual benefit of the people.
The past years have witnessed huge flows of oil revenues. From 2010, average oil prices were $100 per barrel. But economic and security condition were deteriorating. we campaigned and won the election on the platform of restructuring the economy.
On our arrival oil price had collapsed to as low as $30 per barrel. Huge debts owed to contractors and suppliers accumulated.
287 states could not pay salaries for months. Insecurity was palpable, corruption and impunity was the order of the day. In short, we inherited a state near collapse.
from day one, we purposely set out to correct our condition to "change" Nigeria.
EFCC was given the freedom to pursue corrupt officials and the judiciary was alerted on what Nigerians expect of them in the fight against corruption.
We resolved to keep the Naira steady, as in the past, devaluation had done dreadful harm to the Nigerian economy.
We reduced extravagant spending of the past. we started boldly with Treasury Single Account, stopping leakages in public expenditure.
We then identified 43,000 ghost workers through the Integrated Payroll and Personnel Information System. We are projecting non-oil revenues to surpass proceeds from oil.
On Niger Delta, we are committed to implementing the United nations Environment Programme report and are advancing clean-up operations.
CBN will offer more fiscal incentives for business that prove capable of manufacturing products that are internationally competitive.
Abroad, we want to assure our neighbours, friends and development partners that Nigeria is firmly committed to democratic process.
We are ready partners in combating terrorism, cyber crimes, control of communicable disease and protection of the environment.
We appreciate the valuable work that the UN agencies, particularly UNICEF, ICRC, the World Food Program have been doing.
I thank you and appeal to you to continue supporting the government's effort to fix Nigeria.
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