Key Highlights Of President Muahammadu Buhari’s Speech

By Franca Joseph (AGENDAWATCHDOG) – President Buhari’s speech on “Democracy Day” emcompassed a broad spectrum of issues bordering on the economy, transportation, electricity, education and even other critical issues such as gender based violence. Some of the major highlights of the president’s broadcast are as follows:

High Points Of President Muahammadu Buhari’s “Democracy Day” Speech

  • On the fight against insurgency in the country’s North-East, and incessant cases of armed banditry in other parts of the country, the president expressed his unalloyed commitment and determination to ensure adequate security for the lives and property of Nigerians, expressing regret over the recent loss of lives n Borno and Katsina States.
  • He harped on the need to revive the comatose Ajaokuta Steel Plant project, to be jointly financed by the government and private sector.
  • On the ease of doing business, the president said that Nigeria had risen by 25 places on the World Bank Ease of Doing Business ranking as it climbed from 146 to 131 position.
  • Concerning the power sector, the president said he was hopeful that the memorandum of understanding with Siemens of German to generate and distribute 11,000 Megawatts of electricity, alongside five other transmission and expansion projects across the country, would be feasible  by 2023
  • On education, the president reiterated the country’s commitment to the provision and expansion of access to quality education in the country, and its readiness to make free and compulsory education for the first 9 years, available.
  • On the number of government parastatals and agencies in the country, President Buhari said he has ordered a review into the actual number of these government bodies.
  • On the review of the “White Paper on the Rationalisation of Government Parastatals and Agencies“, the president said the order was given due to the country’s dwindling resources and the risen cost of governance.
  • The president informed Nigerians that despite the effects of COVID-19 on the country’s economy, its external reserves had increased from $33.4bn on April 28 200 to about $36bn for May, 2020.


Agenda Watchdog

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