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Tinubu sets 3-year economic revival, 50million jobs target



An economic revival plan aimed at ensuring a new lease of life for Nigerians was released yesterday by the Federal Government.

The plan includes bold economic reform, borrowing avoidable, foreign and domestic investment drive, restoration of national security, food security,  job creation and promotion of ccountability.

President Bola Tinubu who reiterated his commitment to economic revatalisation said he will not permit indolence or any act capable of derailing his ‘Renewed Hope Agenda’ by any of his ministers.

He gave a marching order to the 45-member of the Federal Executive Council (FEC) to perform or be ready to be fired for incompetence.

The president,  who presided over his administration’s maiden FEC meeting at the Council Chambers of the Presidential Villa, Abuja, advised the ministers to brace up for the challenges of governance.

Five ministers-Olawale Edun (Finance and Economy), Mohammed Idris (Information and National Orientation), Dr. Ali Pate (Health and Social Welfare), Abubakar Kyari (Agriculture and Food Security), and Doris Anite (Industry, Trade and Investment) and Special Adviser to the President on Media and Publicity, Ajuri Ngelale-shed light on how they will achieve the president’s eight-point agenda.

Anite said President Tinubu was targeting 50 million  jobs or Nigerians in fulfilment of his campaign promises during the electioneering.

Edun said although President Tinubu inherited a bad economy, concerted efforts will be made to change the tide.

The president, who highlighted the challenges before the ministers, charged them to gird their loins.


He alluded to the priority areas, which were emphasised in his economic programmes, urging them to embrace activities that will enhance service delivery and prevent failure.

President Tinubu said the country relied on the minister’s skill, intellect, and networking, adding that they were appointed to make a difference.

He said: “As I said during the inauguration, I am the bus driver and you are the conductors. We have to make sure this country stays on the right path to succeed on behalf of over 200 million Nigerians. We willingly accepted the appointment and I accepted the mandate of Nigerians.

“I have delegated some of these powers to you to serve the country. You are a very lucky person to be selected among millions of Nigerians and we will use the opportunity to show that Nigeria has what it takes to dig ourselves out of our problems.

“We must find a home-grown re-engineering of our finances, manage our resources and let the economy work for the people of this country.“There are so many things some cynics will say is impossible, but in your dictionary of service, everything is possible and must be possible. We have the talents; we have the level of intellectual capacity to turn this country around.