President
Muhammadu Buhari has commended the country’s armed forces for combating
insurgency, in a nationwide broadcast to mark this year’s independence
anniversary.
He said
good governance and economic development cannot be sustained without an
enabling environment of peace and security.
“Our
gallant men and women in arms, through whose efforts we have been able to
achieve the present results.”
Boko Haram
has waged a decade long insurgency in the country.
He said the
ministry of police affairs has been resuscitated to oversee the development and
implementation of strategies to enhance internal security.
“These
initiatives are being complemented by the ongoing recruitment of 10,000
constables into the Nigeria Police Force. This clearly demonstrates our commitment
to arrest the incidence of armed robbery, kidnapping and other violent crimes
across our nation.”
He said
government remains resolute to combating militant attacks on oil and gas
facilities in the Niger Delta and accelerate the Ogoni Clean-up to address
long-standing environmental challenges in that region.
Hate
speech
President
Buhari advised against utterances that leads to hatred and distrust which he
said only further leads to hostility and destruction.
Economic
growth
He said the
administration inherited a skewed economy but was turned around through
focusing and building investment-driven Non-Oil Sector, which constituted 40%of
Gross Domestic Product and comprised agriculture, livestock, agro-processing,
arts, entertainment, mining and manufacturing activities that provide millions
of jobs opportunities.
“Pursuant
to these reforms, the economy has recovered and we have had 9 successive
quarters of growth since our exit from recession. The exchange rate in the last
3 years has remained stable, with robust reserves of US$42.5 billion, up from
US$23 billion in October 2016, he said.
He
announced that the executive and legislature were working together to pass the
Petroleum Industry Bill and amendments to the Deep Offshore Act and Inland
Basin Production Sharing Contracts Act into law, to ensure government obtains a
fair share of oil revenues, whilst encouraging private sector investment.
In August
this year, a Presidential Power Initiative to modernize the National Grid in 3
phases was launched: starting from 5 Gigawatts to 7 Gigawatts, then to 11
Gigawatts by 2023, and finally 25 Gigawatts afterwards. This he said, in
partnership with the German Government and Siemens, will provide end-to-end
electrification solutions that will resolve transmission and distribution
challenges.
Transparency
and good governance
He said
Nigeria has international partnerships to combat tax evasion, smuggling,
terrorism and illicit
financial flows.
“An example
is the US$300 million recently identified as part of the Abacha
money-laundering case. The Federal Ministry of Justice is working with the US
Department of Justice to conclude a Memorandum of Understanding to expedite the
repatriation of these funds.
The P &
ID Arbitral Award has underscored the manner in which significant economic
damage has been caused by the past activities of a few corrupt and unpatriotic
Nigerians, he lamented.
P&ID is
a Irish firms that sued Nigerian government for breach of contract in a London
court and was awarded $9bn dollars in damages.
However 2
senior officials of the firm have been convicted
of fraud by a Nigerian court, thus declaring the contract process
fraudulent and without due process.
A London
court has since ruled that Nigeria can
appeal the verdict.
President
Buhari said Nigerians should question and confront corrupt practices, by
reporting unethical practices or through whistleblowing.
Full Speech of President Muhammadu Buhari on Nigeria’s 59th Independence Anniversary
Dear compatriots
1st October each year is an
opportunity for us to reflect and thank God for his endless blessings on our
country.
- It is
also a time for us, collectively, to:
- Remember
the sacrifices made by our Founders and great leaders past; by soldiers, by
distinguished public servants; by traditional leaders, by our workers —-
sacrifices on which Nigeria has been built over the 59 years since Independence
in 1960; and
- Rededicate
ourselves to attaining the goals which we have set for ourselves: a united,
prosperous and purposeful nation in the face of 21st century opportunities and
challenges.
- In the
past four years, the majority of Nigerians have committed to Change for the
Better. Indeed, this Administration was re-elected by Nigerians on a mandate to
deliver positive and enduringChange – through maintaining our National
Security; restoring sustainable and inclusiveEconomic Growth and Development;
and fightingCorruption against all internal and external threats.
- This
Change can only be delivered if we are united in purpose, as individuals and as
a nation. We must all remain committed to achieving this positive and enduring
Change. As I stated four years ago, “Change does not just happen… We must
change our lawless habits, our attitude to public office and public trust…
simply put, to bring about change, we must change ourselves by being
law-abiding citizens.”
SECURITY:
- Good
Governance and Economic Development cannot be sustained without an enabling
environment of peace and security. In the last four years, we have combatted
the terrorist scourge of Boko Haram. We owe a debt of gratitude to our gallant
men and women in arms, through whose efforts we have been able to achieve the
present results. We are also grateful to our neighbours and allies – within the
region and across the world – who have supported us on this front.
- The
capacity of our armed forces to defend our territorial integrity continues to
be enhanced by the acquisition of military hardware as well as continued
improvements in the working conditions of our service men and women.
- The
Ministry of Police Affairs has been resuscitated to oversee the development and
implementation of strategies to enhance internal security. My recent assent to
the Nigerian Police Trust Fund (Establishment) Act has created a legal
framework to support our Police with increased fiscal resources to enhance
their law enforcement capabilities.
- These
initiatives are being complemented by the ongoing recruitment of 10,000
constables into the Nigeria Police Force. This clearly demonstrates our
commitment to arrest the incidence of armed robbery, kidnapping and other
violent crimes across our nation.
- We
remain equally resolute in our efforts to combat militant attacks on our oil
and gas facilities in the Niger Delta and accelerate the Ogoni Clean-up to
address long-standing environmental challenges in that region.
- The
recent redeployment of the Niger Delta Development Commission from the Office
of the Secretary to the Government of the Federation, to the Ministry of Niger
Delta Affairs underscores our commitment to enhance the living standards of our
communities in the Niger Delta, through coordinated and appropriate programmes.
- Our
attention is increasingly being focused on cyber-crimes and the abuse of
technology through hate speech and other divisive material being propagated on
social media. Whilst we uphold the Constitutional rights of our people to
freedom of expression and association, where the purported exercise of these
rights infringes on the rights of other citizens or threatens to undermine our
National Security, we will take firm and decisive action.
- In this
regard, I reiterate my call for all to exercise restraint, tolerance and mutual
respect in airing their grievances and frustrations. Whilst the ongoing
national discourse on various political and religious issues is healthy and
welcome, we must not forget the lessons of our past – lessons that are most
relevant on a day such as this.
- The path
of hatred and distrust only leads to hostility and destruction. I believe that
the vast majority of Nigerians would rather tread the path of peace and
prosperity, as we continue to uphold and cherish our unity. ACCELERATING
SUSTAINABLE AND INCLUSIVE ECONOMY GROWTH
- This
Administration inherited a skewed economy, where the Oil Sector comprised only
8% of Gross Domestic Product but contributed 70% of government revenue and
90%foreign exchange earnings over the years. Past periods of relatively high
economic growth were driven by our reliance on Oil Sector revenues to finance
our demand for imported goods and services. Regrettably, previous governments
abandoned the residual Investment-driven Non-Oil Sector, which constituted
40%of Gross Domestic Product and comprised agriculture, livestock,
agro-processing, arts, entertainment, mining and manufacturing activities that
provide millions of jobs for able-bodied Nigerians and utilizelocally available
raw materials and labour for production.
- To
address this imbalance, our commitment to achieving economic diversification
has been at the heart of our economic strategies under the Economic Recovery
and Growth Plan, which I launched on the 5thof April, 2017.
- This
medium-term development plan charted the trajectory for our economy to exit
from recession and return to the path of sustainable, diversified and inclusive
growth for Nigerians. Pursuant to these reforms, the economy has recovered and
we have had 9 successive quarters of growth since our exit from recession. The
exchange rate in the last 3 years has remained stable, with robust reserves of
US$42.5 billion, up from US$23 billion in October 2016.
- Learning
from the mistakes of the past, this Administration is committed to responsibly
managing our oil wealth endowments. We will continue to prudently save our oil
income and invest more in the non-oil job-creating sectors.
- In this
regard, we are significantly increasing investments in critical infrastructure.
Last year, capital releases only commenced with the approval of the Budget in
June 2018. However, as at 20thJune this year, up to N1.74 trillion had been
released for capital projects in the 2018 fiscal year.
- Implementation
of the 2019 Capital Budget, which was only approved in June 2019, will be
accelerated to ensure that critical priority projects are completed or
substantially addressed. The Ministry of Finance, Budget and National Planning
has been directed to release N600 billion for Capital Expenditure in the next 3
months.
- To
maximise impact, we shall continue to increasingly welcome and encourage
private capital for infrastructural development through Public Private
Partnerships. Through the Road Infrastructure Tax Credit Scheme, which I
initiated in January this year, we are giving incentives to private sector
inflow of over N205 billionin 19 Nigerian roads and bridges of 794.4km across
in 11 States of the Federation.
- As we
push to diversify the economy, we still remain focused on optimizing the
revenues generated from the oil and gas sector. We will, working with the
Legislature, soon pass the Petroleum Industry Bill and amendments to the Deep
Offshore Act and Inland Basin Production Sharing Contracts Actinto law, to
ensure Government obtains a fair share of oil revenues, whilst encouraging
private sector investment.
- We will
also continue our fight against illegal bunkering of crude oil and the smuggling
of refined petroleum products across our borders, including the diligent
prosecution and conviction of offenders found guilty of these acts. Whilst
Nigeria remains committed to free and fair continental and international trade,
we will not hesitate to take all necessary steps to tackle illegal smuggling,
transshipment and other predatory trade practices that destroy jobs in our
country.
- We are
resolute in reforming the power sector. In August this year, we launched the
Presidential Power Initiative to modernize the National Grid in 3 phases:
starting from 5 Gigawatts to 7 Gigawatts, then to 11 Gigawatts by 2023, and
finally 25 Gigawatts afterwards. This programme, in partnership with the German
Government and Siemens, will provide end-to-end electrification solutions that
will resolve our transmission and distribution challenges.
- The
programme will also look to localize the development and assembly of smart
meters as well as the operations and maintenance capabilities of transmission
and distribution infrastructure.
- I am
pleased with the improved inter-agency collaboration between the Ministry of
Power and the regulators in the banking and power sectors to ensure that
electricity sales, billings and collections are automated and become cashless.
- These initiatives
are important to ensure that the technical and collection losses in the sector
are substantially reduced. I remain confident that Nigerians will have
affordable and uninterrupted electricity supply in the not too distant future.
- Our
efforts to improve the power sector will complement other infrastructure
investments projects under the Presidential Infrastructure Development Fund,
which is investing in the Mambilla Power Plant project, as well as key economic
road infrastructure such as the Lagos-Ibadan Expressway, Second Niger Bridge
and Abuja-Kano Expressway. The first set of these projects remain on track to
be completed by 2022.
- Our
journey to food security and self-sufficiency is well underway. We have made
remarkable progress in almost all segments of the agriculture value chain, from
fertilizers to rice, to animal feed production. We shall sustain these policies
to ensure additional investments are channeled, thereby creating more jobs in
the sector. We must not go back to the days of importing food and thereby
exporting jobs.
- Our
commitment to achieving macroeconomic stability and economic diversification,
has been underscored by the merger of the Ministry of Finance with the Ministry
of Budget and National Planning.
- This
combined Ministry has the important mandate to enhance the management of
domestic and global fiscal risks; coordinate policies with the trade and
monetary authorities; raise and deploy revenues to fund budgeted expenditure;
and integrate annual budgets and medium-term fiscal strategies.
- With
this, our revenue-generating and reporting agencies will come under much
greater scrutiny, going forward, as the new performance management framework
will reward exceptional revenue performance, while severe consequences will
attend failures to achieve agreed revenue targets.
- I
recently constituted an Economic Advisory Council to advise me on inclusive and
sustainable macroeconomic, fiscal and monetary policies. This independent body
will work with relevant Cabinet members and the heads of key monetary, fiscal
and trade agencies to ensure we remain on track as we strive for collective
prosperity. However, we are also committed to ensure that the inconvenience
associated with any painful policy adjustments, is moderated, such that the
poor and the vulnerable, who are most at risk, do not bear the brunt.
- Our
ongoing N500 billionSpecial Intervention Programme continues to target these
vulnerable groups, through the Home-grown School Feeding Programme, Government
Economic Empowerment Programme, N-Power Job Creation Programme, loans for
traders and artisans, Conditional Cash Transfers to the poorest families and
social housing scheme.
- To
institutionalize these impactful programmes, we created the Ministry for
Humanitarian Affairs, Disaster Management and Social Development which shall
consolidate and build on our achievements to date. To the beneficiaries of
these programmes, I want to reassure you that our commitment to social
inclusion will only increase.
- Our
population growth rate remains amongst the highest in the world, presenting
both challenges as well as opportunities. It is our collective responsibility
to ensure that we provide adequate resources to meet the basic needs of our
teeming youth.
- Accordingly,
we shall continue to invest in education, health, water and sanitation, as well
as food security, to ensure that their basic needs are met, while providing
them with every opportunity to live peaceful, prosperous and productive lives.
FIGHTING CORRUPTION AND
RESTORING GOOD GOVERNANCE:
- On
fighting corruption, our institutional reforms to enforce the Treasury Single
Account policy, introduce the Whistle-blowers’ Initiative, expand the coverage
of the Integrated Payroll Personnel and Information System as well as the
Government Integrated Management Information System have saved billions of
Naira over the last four years, and deterred the rampant theft and
mismanagement of public funds that have plagued our public service.
- The
Ministry of Justice, the Independent Corrupt Practices Commission, and the
Economic and Financial Crimes Commission will continue to address this menace.
We are determined to ensure that transparency and good governance are
institutionalized in public service.
- We must
commit to installing a culture of Good Governance in all we do. This
Administration has fought against corruption, by investigating and prosecuting
those accused of embezzlement and the misuse of public resources. We have
empowered teams of prosecutors, assembled detailed databases of evidence,
traced the proceeds of crimes and accelerated the recovery of stolen funds.
- Furthermore,
we partnered with our friends abroad to combat tax evasion, smuggling,
terrorism and illicit financial flows. In June 2018, I assented to the Mutual
Assistance in Criminal Matters Act, to provide a domestic legal framework for
obtaining international assistance in criminal matters.
- This
measure has already strengthened our law enforcement agencies in obtaining
evidence, investigating suspects and facilitating the recovery, forfeiture and
confiscation of property implicated as proceeds of crime.
- An
example is the US$300 million recently identified as part of the Abacha
money-laundering case, working closely with the Government of the United States
of America. The Federal Ministry of Justice is working with the US Department
of Justice to conclude a Memorandum of Understanding to expedite the
repatriation of these funds.
- The P
& ID Arbitral Award has underscored the manner in which significant
economic damage has been caused by the past activities of a few corrupt and
unpatriotic Nigerians.
- The
policies that we are putting in place today are to ensure such criminal and
unpatriotic acts do not go without consequences. Our renewed partnership with
the 9thNational Assembly will facilitate the swift passage of enabling laws
that will institutionalize these anti-corruption efforts in our criminal
justice system.
- In this
connection, I call upon our States to intensify their own efforts to instill
greater fiscal transparency and accountability. And to ensure greater fiscal
efficiency and optimum use of our very scarce resources.
- The
blight of Corruption is fighting back. Nevertheless, this is a battle that we
shall see through and this is a war, which we shall win by the Grace of God.
- I will
also call upon all Nigerians, from every walk of life, to combat Corruption at
every turn. By choosing to question and confront corrupt practices, by
reporting unethical practices or through whistleblowing. Together, we can
overcome corruption and will no longer be a country defined by corruption.
- Fellow
Nigerians, let me reiterate my call for unity across our dear nation.
- Nigeria
will emerge from our present challenges stronger and more resilient than ever –
but only if all of us join hands to entrench Good Governance, foster Inclusive
Economic Development, and defend and protect our Nation from all those who
would wish us ill.
- I thank
you most sincerely and wish you a Happy Independence Anniversary.
- May God
bless you all, and may He continue to bless the Federal Republic of Nigeria.