NEW YEAR SPEECH BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA
1ST JANUARY 2021
My fellow countrymen and women,
First, I would like to thank and praise the Almighty who saw us through the year 2020 and has given us the opportunity to witness the start of another new year. We especially thank God because the year 2020 was one of the most trying years since our existence as a Nation.
2. This can also be said about all other nations around the world, due to the challenges posed on our collective humanity by the novel COVID-19 pandemic.
3. While acknowledging that 2020 was a very tough year, we saw this year put to test our national resilience and ability to survive these tough times and also gave renewed hope that we will again brave any storms that lay ahead in 2021 and beyond.
4. As we celebrate the opportunity before us in this New Year 2021, we must also acknowledge the passing away of our brothers and sisters who didn’t make it into this New Year. May their souls rest in perfect peace.
5. We must remember that we also celebrated the historic occasion of our sixty years as an independent and sovereign country on October 1st 2020. In the spirit of hope and gratitude, I would like to remind us again that as a country on the difficult journey to nationhood and greatness, we have confounded the many pundits at home and around the world who never gave the newly-born country that emerged unto the world stage on 1st October 1960 a chance of surviving much longer than a few years.
6. Yet, here we are, 61 years by the next anniversary in October, and not only are we here, we are standing tall in the comity of nations as one country united under the will of God and also actively growing that indivisible Nigerian spirit that has enabled us, year after year, decade after decade, to weather all stormy waters and emerge stronger and better where others have fallen and disintegrated. This nation, this Nigeria will survive and thrive.
7. In this journey to nationhood, we have experienced the highs and lows. 2020 indeed came with a lot of challenges ranging from security and economic issues across the regions to understandable protests that were mainly led by our youths and served notice to the demand for police reforms and accountability. This government heard, this government listened and this government is committed to fulfilling the five demands of our youths, fully understanding that we all wish well for Nigeria.
8. In the midst of all these challenges, I had initially pledged that as your elected President and Commander-in-Chief, I would ensure that these ongoing challenges will be faced head-on with renewed determination and with all the appropriateness and urgency required. Your voices have been heard and we would continue to listen to you, and all the key stakeholders who are committed to the unity of Nigeria to ensure that every region of this nation is safe for us all, while guaranteeing that the future is also secure for the coming generation.
9. I wish to also use this occasion of New Year to reaffirm my commitment to the people of Nigeria, especially the youth who need our collective encouragement and support. In securing this nation we need to secure the future of our youth.
10. Our young people are our most valuable natural resource, at home and abroad. Their ingenuity, creativity, innovation and entrepreneurial spirit is evident to all. Many of our young people are excelling in various spheres of life including sports, entertainment, information and communication technology, commerce and are globally recognized as achievers.
11. As a Government we are committed to actively engaging with the creative energies of our young people. In this regard, we will partner with the legislature to develop an enabling environment to turn their passions into ideas that can be supported, groomed and scaled across regions. This will create vast opportunities in fintech, agriculture, business process startups and in the entertainment industry.
12. The year 2021 will indeed be a year where we will work to reinforce the hopes of fellow Nigerians in the vision of a united and progressive Nigeria. This administration would continue focusing on delivering key strategic priorities under our “SEA” – (Security, Economy and Anti-Corruption) Agenda. Some of the key priority areas we would direct our attention and strengths to include:
ON THE SECURITY:
13. Re-energizing and reorganizing the security apparatus and personnel of the armed forces and the police with a view to enhance their capacity to engage, push back and dismantle the operations of both internal and external extremist and criminal groups waging war against our communities in some parts of the country.
14. In line with the current security challenges, we are facing as a Nation, I would like to reiterate the promise I made recently when over 300 of our boys abducted from Government Science Secondary School, Kankara were successfully rescued by our security operatives.
15. The professionalism shown by our Security Forces and the collaboration from all stakeholders across both State and Federal Governments that led to the successful rescue of the boys is proof that Nigeria has the internal capacity to decisively deal with terror attacks on our citizens.
16. However, we recognize that we rapidly have to move to a more proactive and preemptive posture to ensure that these sorts of traumatic incidents do not become a norm. Our administration is fully aware of the responsibility we have to protect the lives and property of all Nigerians, and we will not relent in learning and adapting to changing threats to our national security and civic wellbeing.
ON THE ECONOMY:
17. Our focus is on revamping the economy through the national economic diversification agenda that supports the primary goal of national food self-sufficiency. This has helped reduce the growing food related inflationary figures and have in considerable measure positively impacted our food security status during the long months of the pandemic lock down.
18. We are also currently rebuilding our national infrastructure base and, in the process, introducing transformation through the rehabilitation, modernization, and expansion of the railway system, national roads and bridges both in rural and urban centres, alongside the airports and seaports.
19. The reforms we have put in place in the power sector would guarantee increased efficiency in our drive to significantly expand the generation and distribution of electricity for use in homes and factories.
20. As an administration we are currently undertaking a series of special interventions designed to boost job creation and support the entrepreneurial drive of our youths.
21. With the recent opening of our borders, we expect that the pent-up demand of legitimate cross-border and international trade will boost the fortunes of the many small businesses and agricultural enterprises that depend on Nigeria’s trade and commerce.
22. The message to our West African neighbours is that Nigeria is once again fully open for those willing to conduct business in a fair and equitable way.
23. On the anti-corruption drive of our administration, we have recorded substantial gains so far and this year, we are committed to continuing along the path of eradicating corruption, through collaboration with all the arms of Government to effectively prosecute this fight.
24. While we would be working with the Legislature to enact laws that would strengthen this fight, we would also be looking at reviewing some of our laws which would ensure that this fight is more effective. On the part of the executive, we would ensure the diligent and timely prosecution of corruption cases, while appealing to the judiciary to ensure that corruption cases are dispensed with expeditiously.
25. The persistence of various forms of violence has meant that in the most affected parts of the country, the fabric of inter-communal harmony woven through years of investment of effort at building trust, mutual respect, and harmony has been threatened.
26. Insecurity as a challenge has direct repercussions on our national economic stability, growth, and development, setting us back at critical points through the destruction of public and private investments.
27. In parts of the country where chronic poverty, social exclusion, and disillusionment among sections of the youth were already a problem, the cycles of violence that have been unleashed by mindless groups like Boko Haram and others have thwarted the efforts of government to undertake the social policy and associated investments that could make a huge difference in the quality of life of our citizens.
28. I am aware that for some of our compatriots, the progress we have registered since the inception of this administration is not nearly as fast or as sufficient as they would wish. I do not begrudge them their views in so far as they signify a wish, in which we all share, for only the very best for our country.
29. Nevertheless, I call upon all Nigerians to carefully recall the circumstances of our coming to office, the facts on the ground and the resources at our disposal since 2015 with the accomplishments of this administration.
30. As a people, we have shown admirable resilience in the face of every adversity, an unmatched capacity to recover speedily from every setback, an unparalleled generosity of spirit when we resolve our differences, and a constant readiness to invest faith and hope in the destiny we share as a united country built on the diversity of its peoples.
31. It is these attributes that underpin the Nigerian spirit of “can do, will do” that gives me hope that we shall yet get to destination and fulfill our calling together, especially with the solid resolutions we are setting in this new year.
32. Keeping our country on a forward march is a duty which we all have and share. In this regard, keeping our country safe from a resurgent cycle of COVID-19 as this administration finalizes its plans to procure and efficiently and effectively distribute the COVID-19 vaccines, I urge you all fellow citizens to observe strict COVID-19 prevention protocols.
33. As your elected President, my pledge to you is the same as it has always been; I will play my part fully and without fear or favour. I invite all of us to do the same. It is what we owe to the founding generation of our beloved country and also to the coming generation. It is what we desire for national prosperity for all demands.
34. Long Live the Nigerian spirit of oneness, togetherness, and unity. Long Live the Federal Republic of Nigeria. I wish you a Happy and prosperous New Year.
May God bless the Federal Republic of Nigeria.
Covid-19: FG launches Rapid Response Register (RRR) for urban poor affected by pandemic
The FG has launched a Rapid Response Register (RRR) for urban poor affected by the COVID-19 pandemic.
The Federal Government of Nigeria launched the COVID-19 Rapid Response Register (RRR), an emergency intervention database, for the urban poor made poorer by the pandemic.
This programme was launched by the Vice President, Yemi Osinbajo on Tuesday.
The scheme would see the FG share N5000 monthly to households as it says 1 million households would benefit from the scheme.
The Vice President’s Senior Special Assistant on Media & Publicity, Laolu Akanda said: “Osinbajo today launched a technology-based Rapid Response Register which identifies urban poor people who in the next 6 months willl receive N5000 monthly. In all 1 million households will benefit from this especially cash transfer being implemented by the Humanitarian Affairs Ministry.”
While inaugurating the COVID-19 Rapid Response Registration (RRR) Cash Transfer Project, the Vice President said:
“As of Dec. 31, 2020, we have identified and registered about 24.3 million poor and vulnerable individuals into the National Social Register; equivalent to about 5.7 million households.
“Through this project, we are currently injecting about N10billion directly into the hands of about two million poor and vulnerable households every month.
“This social protection method of targeting is the first strategy to be developed and tested in the Sub-Saharan Africa region and Nigeria will be the first country for its implementation.
“With the RRR, which uses a wholly technology-based approach, we are primed to achieve an end-to-end digital foot-print in cash transfers for the urban poor.”
The Vice President added that the implementation of the scheme would enable Nigeria to achieve its financial inclusion policy under the Enhancing Financial Innovation and Access programme (EFInA).
What you should know
- Nairametrics reported last week that the Federal Government announced that it would inaugurate a COVID-19 Rapid Response Register (RRR), which would be a health emergency response for the poor living in urban centers that have been affected by the pandemic.
- The register which is being built by NASSCO is an expansion of the existing National Social Safety Nets Project (NASSP). It targets small business owners, street vendors, petty traders, Small and Medium Enterprises (SMEs), and service providers.
FIRS hits 98% of target as it collects N4.95 trillion for 2020 fiscal year
FIRS has announced that it generated N4,952,243,711,728.37 as tax revenue in the 2020 fiscal year.
The Federal Inland Revenue Service (FIRS) has announced that it generated N4,952,243,711,728.37 as tax revenue in the 2020 fiscal year.
This is about 98% of the tax target of N5.076 trillion that was set for the FIRS by the Federal Government, despite the economic challenges of 2020 caused by record low oil prices and the outbreak of the coronavirus pandemic.
This disclosure was contained in a statement which was issued by the Director of Communications, FIRS, Mr Abdullahi Ahmad, on Tuesday in Abuja.
According to a report from the News Agency of Nigeria (NAN), Ahmad in his statement quoted the Executive Chairman of the Service, Mr Muhammad Nami, as saying that this performance was remarkable, considering the devastating impact of Covid-19 on the Nigerian economy.
He pointed out that some of the factors that negatively affected the operations of FIRS last year include, record low oil crude oil prices globally, business disruptions and lootings during the violent #EndSARS protests and the generous tax waivers granted to businesses to ease the impact of the Covid-19 lockdown.
He also said that additional tax exemptions granted to small businesses in the 2019 Finance Act and insecurity in some parts of the country were other factors that affected collections.
In the analysis of the significance of the 2020 performance, the FIRS Chairman said that the oil revenue which used to contribute over 50% in tax returns through the Petroleum Profits Tax in previous years, accounted for only 30.6% of the tax revenue generated in 2020 due to low oil prices.
He also pointed out that the non-oil tax collection, which was 109% in 2020, was 9% higher than the previous year and attributed these achievements to many reforms initiated by the board and management of FIRS under his leadership.
He said, “The conscientious taxpayers in the country and dedicated members of staff of the FIRS nationwide for their support and devotion to work made this performance possible despite the numerous obstacles encountered in 2020.
“The FIRS is optimistic that this current fiscal year will be better than in 2020. We shall perform well, given that our service reforms are expected to yield greater dividends, especially as different parts of tax administration are being automated.’’
“We are also optimistic that exploration activities will improve in the oil sector and increase the prospect of higher tax revenue from the sector.
“Similarly, the ongoing reforms together with increased stakeholder collaborations will brighten the prospect of improved voluntary compliance and consequently higher tax revenue generation for the country this year and beyond.’’
What this means
- This means that despite the unprecedented crisis in the oil sector due to the impact of the coronavirus pandemic, the non-oil sector performed beyond expectation in terms of tax collection.
- This was made possible by incentives granted by the revenue agency to encourage taxpayers to voluntarily fulfil their obligations towards the government in addition to some reforms to aid efficient and effective tax collections.
- Some of these reforms include the deployment of technology for tax operations, capacity building for staff, improved welfare for staff and so on.
President Buhari has approved the expansion of the NSIP – Minister
Minister Sadiya Farouq has disclosed that President Buhari has approved the expansion of the NSIP.
The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, disclosed that President Muhammadu Buhari has approved the expansion of the National Social Investment Programme (NSIP).
According to the disclosure by the Minister during the opening ceremony of the 4th annual review of the National Home-Grown School Feeding Programme, in Abuja, the FG hopes that the plan would lift 100 million Nigerians out of poverty in 10 years.
She revealed that the expanded NSIP would include an additional number of 5 million pupils in non-conventional educational settings in the National Home-Grown School Feeding Programme (NHGSFP), the Npower program is to create jobs for a total of 1 million beneficiaries; GEEP programme to provide loans to an additional 1 million traders, farmers and market people; and the Social Register is to accommodate an additional 1 million households.
Some other programmes in the scheme include: TRADERMONI, MARKETMONI, FARMERMONI, MSME Survival Fund, and N75 billion National Youth Investment Fund (NYIF).
What the Minister is saying
- “It is therefore safe to say that we have been working tirelessly to ensure that vulnerable Nigerians are brought into the Federal Governments Social Protection umbrella which seeks to support, empower and level the playing field, so that they are better equipped to handle economic and social shocks while contributing their quota to society and to the betterment of our great nation.
- “The National Home-Grown School Feeding Program is an important intervention because of the multiple wins it is capable of delivering. It is a vehicle for reducing hunger, promoting educational gains, health status improvement and economic stimulation.
- “The long term benefits to our children and the future of the Nation cannot be overemphasised. Thus, we must resolve to remain steadfast in ensuring that this program reaches its objectives and improves the lives of its beneficiaries.”
What you should know
- Nairametrics reported that the Minister of State, Industry, Trade and Investment, Ambassador Mariam Katagum, disclosed that over 300,000 beneficiaries under the Payroll Support scheme and 166,000 artisans had been impacted by the FG’s Survival Fund programme.
- In October 2020, the President of Nigeria disclosed that the National Social Investment Programmes (NSIP) will be funded with N420billion in 2021, while the National Social Housing Programme (NISH) would be funded with N20billion from the 2021 budget.