ABUJA – President Bola Tinubu has reiterated that his decision to remove the fuel subsidy is aimed at safeguarding the future of Nigeria’s younger generations.
Speaking at the inauguration of the National Youth Congress Planning Committee at the Presidential Villa, Abuja, Tinubu emphasized that his administration is committed to empowering the youth and securing a prosperous future for all Nigerians.
Fuel Subsidy Removal: A Strategic Move for National Development
Addressing the gathering, Tinubu reaffirmed that his policies are geared towards long-term economic growth. He stated:
“Today is not for lengthy speeches, but I want to assure you that you are the hope of this nation. Every decision I have made is centered on securing the future. By removing the fuel subsidy, we are ensuring the economic stability of generations yet to come. Infrastructure development is essential, and we must invest in it.”
The President also highlighted the issue of migration, known as ‘Japa’ syndrome, where young professionals leave Nigeria for better opportunities abroad. He stressed that by fostering economic prosperity at home, young Nigerians would find more reasons to stay and contribute to national growth.
“When we create economic opportunities and empower our citizens, they will have fewer reasons to leave. This is your home, and it is your responsibility to build it into a thriving nation.”
Economic Growth and Investment Prospects
Tinubu acknowledged the challenges his administration faced initially but expressed optimism about the country’s economic progress.
“When we started, things appeared uncertain and difficult. It felt like drawing water from a dry well. However, today, our economy is stabilizing, prices are dropping, and investor confidence is rising. Technology is advancing, creating new opportunities for young people.”
The President urged Nigerian youth to take an active role in shaping the country’s future. He encouraged them to openly express their concerns and suggestions for national development.
“Speak to me directly. Share your concerns and recommendations. We will work on implementing ideas that promote Nigeria’s prosperity.”
Empowering Youth Through Technology and Agriculture
During the event, Tinubu officially inaugurated the Youth Congress Planning Committee and urged them to embrace technology in every aspect of their work.
“Let’s harness technology, explore agricultural opportunities, and create sustainable solutions to empower the youth. We must also work towards achieving food sovereignty for Nigeria.”
Expressing his admiration for the younger generation, he added humorously:
“I admire you all. If I had a chance to be young again, I would seize the opportunities available today. Unfortunately, that is not possible, but I remain dedicated to supporting you.”
Youth Inclusion in Governance
Minister of Youth Development, Ayodele Olawande, commended Tinubu’s commitment to youth engagement. He assured that the upcoming youth conference would serve as a platform for young Nigerians to contribute ideas for national progress.
Olawande also revealed that the committee includes representatives from the Federal Ministry of Finance, civil society organizations, non-governmental organizations, and international partners such as the World Bank.
Executive Director of Yiaga Africa, Samson Itodo, a key member of the planning committee, praised Tinubu’s administration for recognizing the role of youth in governance and national development.
Conclusion
Tinubu’s administration continues to emphasize economic reforms and youth empowerment as key drivers of national development. The removal of fuel subsidies, investment in infrastructure, and prioritization of technology and agriculture are expected to secure Nigeria’s future and create sustainable opportunities for young citizens.
Read more about Nigeria’s economic policies.
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