Renewed Hope 2023
Our administration will accelerate the reforms commenced under the present administration in building a more robust, re-energised armed forces
We must curb our reliance on imported goods. Importation of non-essential products will be discouraged through policy measures including luxury taxes, higher tariffs, and higher processing fees.
Plant the right seed, feed an entire nation. A vibrant agricultural sector will bring more investment opportunities for enterprising Nigerians, including our youths, and help diversify our economy away from oil and gas dependence
At present, the nation has approximately 12,000MW of installed capacity, generates only ,000MW and is only able to distribute a maximum of 4,500MW to consumers. Our economy is, accordingly, constrained by our inability to generate, transmit and distribute power efficiently.
Our history shows that the Oil and Gas sector is not the answer to our nation’s economic problems. However, it remains an important industry, vital to both our short-term economic survival and longer-term prosperity and buoyancy.
Overall, the transportation sector is valued at NGN37 trillion. Transport activities contributed 1.84% to real GDP in Q2 2022. Road transport accounts for the lion’s share of passenger and cargo movement, representing roughly 90 percent of all transportation activities in 2021.
To make Nigeria great, it begins with you and me.