SGF George Akume Dishes Out 20 Nuggets On How Tinubu Intends To Transform Nigeria

SGF George Akume Dishes Out 20 Nuggets On How Tinubu Intends To Transform Nigeria....KINDLY READ THE FULL STORY HERE▶

Secretary to the Government of the Federation (SGF), George Akume has outlined the strategies through which President Bola Tinubu intends to bring about significant changes in Nigeria. CONTINUE READING

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Akume stated that President Tinubu has a clear plan and is determined to implement it. “Tinubu came prepared with a plan. He knows what to do and he is doing it,” he said.

Here are the key points from Akume’s presentation:

1. The administration has heard the outcry over fuel price increases and is working tirelessly to develop solutions that will lessen the burden on Nigerians.
2. The government is implementing mechanisms to allow market forces to regulate pricing while promoting policies that enhance the lives and incomes of Nigerians.
3. The administration aims to diversify the economy and address long-standing challenges in the oil and gas sectors.
4. The administration noted the low revenue to GDP ratio in Nigeria, at just 7%, among the lowest five worldwide. To improve this, the economy needs to diversify and address issues in the oil and gas sector.
5. $70 billion in investments have been lost in the oil sector since 2011. The administration plans to restore, grow, and sustain oil production levels to drive economic growth.
6. In the first 100 days, the administration decided to unify exchange rates, deregulate PMS pricing, and address insecurity in oil-producing states.
7. By the end of 2024, the administration targets a minimum daily production of 1.8mb/d of crude and 3.5bcfg, up from present levels.
8. The administration plans to build seven core development pillars in the Oil & Gas Sector, aiming to drive industrialization and transition to a Green Economy by 2060.
9. The administration decided to eliminate the ₦8 trillion/yr payments in PMS subsidies to drive social investments, spur real sector and build infrastructure.
10. The administration plans to monetize national oil assets by offering stakes to private investors, thus generating more revenues for growth and development in Nigeria.

The remaining ten points further detail plans to boost oil production, grow export capacity, industrialize the nation, diversify revenue sources, transition to a green economy, and lead anti-corruption efforts through the judiciary/legislature.

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Akume’s outline shows a clear and comprehensive plan for national transformation under President Bola Tinubu’s leadership. He encouraged all Nigerians to reflect on these strategies and share the information with their friends and family.

Source: Bushradiogist