October Highlights: President Tinubu’s Significant Achievements
October Highlights: President Tinubu’s Significant AchievementsPresident Bola Ahmed Tinubu’s media team has released the administration’s scorecard for October. This update was shared on the President Bola Ahmed Tinubu Media Centre’s X account on Friday, highlighting the progress made towards the Renewed Hope Agenda.
Key Achievements for October:
Technology and Innovation
•Partnership with Ericsson: Sealed a deal to advance 5G technology development.
•Contactless Passport Application: Launched a breakthrough service.
Agriculture and Food Security
•State-Level Cadre Harmonisé Analysis: Initiated to identify regions facing food and nutrition insecurity.
•Soybean and Sugar Projects: Collaborated with Trans Sahara for ambitious projects.
Youth and SME Development
•Creative Economy Development Fund: Established and approved.
•Intellectual Property Monetisation Pilot: Implementation approved.
Road Safety
•Inauguration of NaRSAC: Launched the National Road Safety Advisory Council to promote safer roads.
Social Welfare
•MSME Fashion Hub Launch: Opened Nigeria’s largest ultra-modern hub in Enugu State.
•Grant Approval: Approved 150,000 Naira grants for business owners in Enugu.
•Livestock Sector Resuscitation: Efforts to boost the economy.
Economic Development
•Economic Recovery and Growth Plan (ERGP): Launched to stimulate growth through targeted investments and reforms.
•Seplat-ExxonMobil Deal: Approved a $1.28 billion deal for Exxon Mobil Corp.’s sale of oil and gas assets to Seplat Energy Plc.
•Germany’s €4 billion Investment: Attributed to Nigeria’s Green Energy Revolution.
•N122 Billion Project Agreement: Secured equity participation with six gas infrastructure companies.
•Gas Sales Agreement: Signed a $3.3 billion agreement with Brass Fertilizer and Petrochemical Company Ltd.
•$100 Million Loan for SMEs: Approved by the African Development Bank for youth and women-led businesses under Nigeria’s YEIB.
Healthcare
•N12.911 Billion Disbursement: Approved for improving national health services.
•Action Plan Against Antimicrobial Resistance (AMR): Launched to combat health threats.
•Tax Exemptions: Implemented zero VAT and excise duties on pharmaceutical products and medical devices.
Infrastructure Development
•Sokoto-Badagry Highway Project: Kicked off to enhance connectivity.
•Dangote Refinery Supplies: Received first crude oil supplies in Naira from NNPCL.
•CNG Vehicle Deployment: Initiated in the North-East region.
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