2023: Ten Promises Made By Fayemi In His Presidential Declaration Speech

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Naijanews May 4, 2022 5:05 p.m.

2023: Ten Promises Made By Fayemi In His Presidential Declaration Speech

Let there be no doubt: For the economy to serve broader social and political purposes that enhance human and state security, stem poverty, and promote national prosperity, my agenda for Nigeria encompasses attention to questions of productivity, diversification, domestic value addition, investments in and incentives for research, development, and innovation, and the expansion of domestic revenue mobilisation, among others.

I fully understand that we cannot secure our prosperity without ensuring that our agricultural sector is able to deliver self-sufficiency in critical food markets, feed our efforts at agro-allied industrialisation and thus meaningfully enable the transformation of the unemployed into gainful employment, reinvigorate the rural areas, foster the coordinated expansion of commodity exchanges, and boost the flow of foreign exchange into the economy.

By the same token, a major rescue and investment programme for the education sector, the health system, the civil service, and the local government system will be launched to re-orient each of them for the task of overall national development, and progress and prosperity.

To this end, the retooling of our armed forces, intelligence agencies, and border guards will be pursued in tandem with an overhaul of our policing system and the phasing in of bold universal social policies that will enable us decisively tackle poverty and upgrade human capital and security.

No vision of national prosperity however impeccable or programme of national transformation however comprehensive can deliver the outcomes desired without attention to the planning system of government writ large.

Authority and legitimacy coupled with deterrence and rapid response go hand in hand, just as we must better design and interface economic policies with broad social objectives and goals of political inclusivity towards a well-defined outcome, namely, sustained peace, stability, and progress of our country.

The adoption of broad socio-economic measures that enhance our capacity to fight insecurity must be done at the same time as investments in reinforcing the deterrent capacity of the state through its armed forces, security agencies, and police authorities.

We must build on recent successes in restoring our national planning system and statistical capacity in order to open new, forward-looking approaches to development management that are research and data-driven..

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