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Tinubu Addresses Nigerians on Democracy Day (Full Speech)
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President Bola Tinubu on Wednesday addressed Nigerians on Democracy Day for the second time since he assumed office on May 29, 2024.
In his speech, the President honoured heroes of democracy, rallied Nigerians to support his administration’s efforts to strengthen the economy and informed citizens that a bill for a new minimum wage will be sent to the National Assembly soon, among other things.
Read his full speech below:
TEXT OF PRESIDENT BOLA TINUBU’S NATIONAL BROADCAST ON THE 25TH ANNIVERSARY OF UNBROKEN DEMOCRACY IN NIGERIA,
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DEMOCRACY DAY, 12TH JUNE, 2024
ABUJA
My fellow Nigerians, let me begin by congratulating all of us for witnessing the celebration of another Democracy Day today, the twelfth day of June 2024. This year also marks our nation’s 25 years of uninterrupted democratic governance.
On this day, 31 years ago, we entered our rites of passage to becoming a true and enduring democratic society.
Going through this passage was hard and dangerous. During the fateful six years that followed, we fought and struggled for our natural rights as human beings put on this earth by the divine hand of our Creator.
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We lost great heroes and heroines along the way. In this struggle, the winner of the June 12, 1993 presidential election, Chief MKO Abiola, the most significant symbol of our democratic struggle, his wife, Kudirat, General Shehu Musa Yar’Adua, and Pa Alfred Rewane amongst other sacrificed their very lives.
They bravely surrendered their futures, so that our nation might have a better one.
Let us honour the memories of Chief Anthony Enahoro, Chief Abraham Adesanya, Commodore Dan Suleiman, Chief Arthur Nwankwo, Chief Chukwuemeka Ezeife, Admiral Ndubuisi Kanu, Chief Frank Kokori, Chief Bola Ige, Chief Adekunle Ajasin, Chief Ganiyu Dawodu, Chief Ayo Fasanmi, Chief Gani Fawehinmi, Chief Olabiyi Durojaiye, Dr. Beko Ransome-Kuti, Chima Ubani, and others who have transited to the higher realm.
The sacrifices of General Alani Akinrinade, Professor Bolaji Akinyemi, Professor Wole Soyinka, Chief Ralph Obioha, Chief Cornelius Adebayo, among many others, should never be forgotten. For at least six years, they bore the pains and difficulties of life in exile.
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While the exiled pro-democracy activists kept the fire burning, their comrades at home sustained the pressure on the military leadership. Among the latter are Olisa Agbakoba, Femi Falana, Abdul Oroh, Senator Shehu Sani, Governor Uba Sani, Chief Olu Falae, and other National Democratic Coalition leaders such as Chief Ayo Adebanjo and Chief Ayo Opadokun.
The sacrifices they made, and the precious gift brought about by their selfless devotion can neither be repaid nor forgotten.
We could not have won the battle against dictatorship without the irrepressible Nigerian journalists who mounted the barricades along with the pro-democracy activists. We celebrate them today, along with their media establishments such as The Punch, Guardian, National Concord, Tribune, The News/Tempo, and TELL Magazines. The undemocratic government of the day proscribed these media establishments and jailed their journalists for standing for free speech and civil liberties and the sanctity of the June 12 elections.
Despite the lethal might of the authoritarian government, what appeared to be high and unyielding walls of dictatorship came tumbling down. The dismal fortress exists no longer.
The power of an idea, the power of the people proved more potent than all the guns, the munitions, and the threats of the strongmen.
The nation exited the yoke of dictatorship in 1999 to become the most populous democracy on African soil, the beacon of democratic self-determination for the black race and one of the largest democracies in the world.
This change stands as a pivotal moment in human history. From this change, we shall never turn, nor shall the annals of mankind’s progress forget the sublime meaning of this great moment.
Today, 25 years later. we celebrate the silver anniversary of our journey in democracy.
We have steadied the course. Democracy is neither a foreign nor abstract concept devoid of real-life meaning for us. Neither can we afford to reduce or minimalize it to being nothing but the mere holding of periodic elections where one candidate and party outdo another.
While elections attract dramatic attention, they are but one aspect of democracy. Democracy is a way of life that encompasses a broad outlook of which elections are but a part. As such, a nation can have elections without being democratic. But a nation cannot be truly democratic without holding elections.
That we have established a tradition of holding transparent, open, and fair elections gives credence to our democratic standing. That we have experienced peaceful transitions of government affirms our democratic temperament.
Fellow Nigerians, true democracy shines its light into the daily lives of the people who live under its nurturing wings. It affords us the freedom and liberty to think as we want, live where we want and pursue whatever legitimate endeavour that suits us.
Democracy does not assume some false or forced unity of opinion. In fact, democracy assumes that conflicting ideas and differing opinions shall be the order of the day. Given the diversity and variety of the human experience, there must be diverse perspectives and viewpoints.
What democracy demands is that we do not resolve differences through force and repression. But we make allowance for the legitimacy of views that differ from our own.
The other forms of government impose against the will of the people, democracy aims to make leaders who conduct themselves as servants of the common good, not as viceroys of the narrow interests of the mighty.
My dear compatriots, Nigeria faced a decision of untold gravity twenty-five years ago: Whether to veer toward a better destination or continue aimlessly in the fog of dictatorship.
We made the right choice then. We must continue with that choice now.
As Nigerians, we must remind ourselves that no matter how complicated democracy may be, it is the best form of governance in the long run. We must also be aware that there are those among us who will try to exploit current challenges to undermine, if not destroy, this democracy for which so much has already been given.
This is the great battle of our day and the major reason we specially celebrate this day as Democracy Day.
The true meaning of this day is not to focus solely on the great deeds of the past that have brought us to this point.
Yes, we pay eternal honour to those who laid down their lives, sacrificing everything to pave the way for the nation.
I stand uniquely placed in this regard. I was among those who took the risk to midwife the birth of our democracy. I am now a direct and obvious beneficiary of the fruits of those historic efforts.
As president of this nation, I am morally and constitutionally bound to preserve this precious form of governance. I vow to do my utmost best to protect your rights, freedoms, and liberties as citizens of Nigeria.
Even more than that, I pledge to do what is necessary to cement democracy as our way of life.
Although the challenges are steep and multiple, I am grateful to lead Nigeria at this moment in her history and point in her democratic journey.
I come before you also to declare that our most important work remains before us. This real test has never been whether we would rise to challenge the slings of misfortune and grievous pain of dictatorship.
The real test is whether we shall lower our guards and fail to defend democracy as the shadow of despotism and its evident physical danger fade.
I say to you here and now that as we celebrate the enshrinement of our political democracy, let us commit ourselves to the fulfilment of its equally important counterpart, the realization of our economic democracy.
I understand the economic difficulties we face as a nation.
Our economy has been in desperate need of reform for decades. It has been unbalanced because it was built on the flawed foundations and over-reliance on revenues from exploitation of oil.
The reforms we have initiated are intended to create a stronger, better foundation for future growth. There is no doubt the reforms have occasioned hardship. I feel your pains. Yet, they are necessary repairs required to fix the economy over the long run so that everyone has access to economic opportunity, fair pay and compensation for his endeavour and labour.
As we continue to reform the economy, I shall always listen to the people and will never turn my back on you.
In this spirit, we have negotiated in good faith and with open arms with organized labour on a new national minimum wage. We shall soon send an Executive Bill to the National Assembly to enshrine what has been agreed upon as part of our law for the next five years or less.
In the face of labour’s call for a national strike, we did not seek to oppress or crack down on the workers as a dictatorial government of the past would have done. We chose the path of cooperation over conflict.
Nobody was arrested or threatened. Instead, the labour leadership was invited to break bread and negotiate toward a good-faith resolution.
Reasoned discussion and principled compromise are hallmarks of democracy. These themselves shall continue to animate my policies and interaction with the constituent parts of our political economy.
I take on this vital task without fear or favour and I commit myself to this work until we have built a Nigeria where no man is oppressed.
In the end, our national greatness will not be achieved by travelling the easy road. It can only be achieved by taking the right one.
The words of the American President Franklin Roosevelt certainly ring true:
“There are many ways of going forward. But only one way of standing still”!
We dare not slumber lest the good things awaiting our immediate future pass us by. We dare not plant our feet in idle standstill in the middle of the intersection of hope and despair.
We know the proper way forward and we shall take it!
The initial rays of a brighter tomorrow now appear on the horizon. An abundant future and our capacity to achieve that future lies within our reach. Democracy and the institutions it begets offer to take us to our profound destination.
Let us board this progressive train together. Together, let us move Nigeria forward.
Let’s continue to keep the fire of democracy burning. Let’s keep the torch lit for generations to come.
May God continue to bless the Federal Republic of Nigeria and preserve our democracy.
I wish us all Happy Democracy Day.
President Bola Tinubu has once again given his administration a pass mark, saying that Nigeria is doing well under his watch
Tinubu made the remarks on Wednesday while receiving a delegation from Deloitte Africa, led by the Chief Executive Officer (CEO), Ruwayda Redfearn, at the State House, maintaining that his ongoing financial and fiscal reforms are necessary to reposition Nigeria’s the economy.
Tinubu expressed satisfaction that the reforms had steadily stabilised the economy over three years.
While he acknowledged the pains of the reforms, he declared that the “bitter medicine” was necessary, submitting that the economy “is making serious foundational progress.”
Tinubu said the reforms have stimulated the economy, strengthened the fiscal and revenue sectors, repositioned financial institutions, and prepared the country to be more globally relevant and competitive.
“We are following the example of Deloitte’s greatness to change things from the foundation, building the necessary future for our people.
“Yes, reforms are difficult. It has not been a McDonald’s customer relationship but a harvester of good things, if implemented well, and that is what we are about.
“Thank you for your partnership in paying attention to what we are doing here, as we have heard from the Honourable Minister of Finance about the fiscal, revenue and tax reforms that have taken place and are moving the nation forward.
“The reforms on revenue will continue to stimulate growth. And the effect of the reform? Yes, some issues are difficult to take the bitter medicine, but it is working well. For the economy, Nigeria is making serious foundational progress.”
The President further appealed to Deloitte Africa to improve its impact on the Nigerian economy by training and recruiting the dynamic youth population.
“The family of Deloitte; you just reminded me of my cradle years in accountancy and where I cut my childhood accounting teeth in Chicago. Deloitte has a good training programme, and I believe you will continue to reflect that.”
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, who spoke on the reforms and impact, urged the leadership of the accounting and business firm to focus on building capacity among the youth.
In his presentation, the CEO of Deloitte Africa, Ruwayda Redfearn, said the global organisation is primarily focused on digital and business transformation, with over 500,000 employees worldwide working across various roles and locations, including over 6,000 in Africa.
She said the accountancy firm’s revenue was $74 billion in 2025.
“We are before you to say that we want to serve. We have a local team on the ground that is ready, as well as the global firm, to support you and support your administration as you lead the country.”
The Chief Executive Officer of Deloitte Africa, Yomi Olugbenro, assured the President of the firm’s support for the reforms.
“We do what we do because of the philosophy that our Africa CEOs talk about – making an impact that matters. Where we are at the moment, we believe that the ground has been solidly laid. There is a need to truly extract more value and deliver the dividends of democracy to ordinary Nigerians on the street. The bigger work is really about how to cascade some of those big reforms further down.
“We do believe that with the capabilities that the firm has all over the world, with the half a million people that our CEO spoke about, we have used cases, examples, experiences of how we supported nations all around the world, so Nigeria will definitely benefit from those experiences.
“So that is why we are here, and we welcome the invitation that you may grant us as to where exactly you want us to support you,’’ he added.
Lautaro Martinez scored a 92nd-minute winner as Lionel Messi inspired World Cup holders Argentina to a stunning comeback to beat England 2-1 on Wednesday and set up a final with European champions Spain.
England had been on course to reach their first World Cup final since 1966 after Anthony Gordon fired them into the lead 10 minutes after half-time in the semi-final in front of 68,239 fans in Atlanta.
But the great rivalry between these nations has produced several memorable contests on the World Cup stage down the years, and this will be remembered as the stuff of legends in Argentina as the South Americans denied England with two late sucker punches.
Messi set up Enzo Fernandez to fire in an 85th-minute equaliser and then, with extra time looming, crossed for substitute Lautaro Martinez to head in the winner in the second minute of stoppage time.
It was maybe not quite up there with Diego Maradona’s legendary display in putting England to the sword in 1986, but the goals this time brought Argentina back from the dead and kept alive their hopes of winning back-to-back World Cups.
No team has retained the trophy since Brazil in 1962, and now Messi will become just the second player after Brazilian great Cafu to appear in three World Cup finals.
The game will take place at the MetLife Stadium on Sunday in New Jersey as the first 48-team World Cup boils down to a controntation between the reigning champions of Europe and South America.
Messi had waited until the age of 39 to get the chance to play against England, and now he will face Spain for the first time in a competitive game.
His career appeared to be complete when he dragged Argentina to glory in 2022 in Qatar, but he is clearly not done yet.
England, though, will have huge regrets as they head to Miami to play France in Saturday’s third-place play-off, a game neither team will want to contest.
The prospect of a first World Cup final appearance since their sole triumph 60 years ago was a momentous one, and they were so close, but will live to regret sitting back after Gordon’s opener.
The key men for Thomas Tuchel’s side during this campaign have been Jude Bellingham and captain Harry Kane, yet they failed to deliver on this occasion, and England’s players slumped to the turf at full time.
Given the deep-rooted rivalry between these nations, this was always likely to be a game with an edge and there was a tangible feeling of tension in the Mercedes-Benz Stadium.
Argentina’s players were clearly fired up, partly by a determination to hold onto their World Cup crown but also by a sense of what this fixture means.
That translated into a niggly contest pockmarked by fouls in the first half, including Elliot Anderson being booked for scything down Messi.
There were no real chances to speak of in the first half, but England struck in the 55th minute.
Kane was involved in the build-up as the ball eventually came to Morgan Rogers on the right, and he whipped in a low cross towards the back post where Gordon stole in front of Nahuel Molina to score.
But this was the stadium where Argentina produced a stunning comeback from 2-0 down to beat Egypt in the last 16, and they were not done.
They threw everything at their opponents, as Jordan Pickford made a great save from a Nico Gonzalez header, and Alexis Mac Allister was then denied by the post in the 76th minute.
Fernandez was denied from range by Pickford, but moments later he equalised, controlling a Messi pass on the edge of the area and letting fly past the goalkeeper.
Argentina smelled blood, and Mac Allister again hit the post before England failed to clear and Lautaro Martinez headed in the winner from an exquisite Messi cross to spark chaotic scenes of celebration and leave England completely deflated.
AFP
The Federal High Court in Abuja has ordered the final forfeiture of 48 out of 57 properties worth N212 billion linked to the former Attorney-General of the Federation Abubakar Malami.
Judge Joyce Abdulmalik granted the final forfeiture application filed by the EFCC and dismissed several objections filed by Mr Malami, his family members, and some companies claiming ownership of the properties, saying they all lacked merit.
She held that the issue before the court was not “who owns the property, but how legitimate are the funds used to acquire the properties.”
The properties to be forfeited span Abuja, Kebbi, Kano, and Kaduna states and include luxury hotels, duplexes, plazas, warehouses, shopping units and residential estates acquired over several years.
Below is the full list of the 57 properties, including hotels and luxury homes initially seized by the EFCC through an interim forfeiture order. 48 of them will be handed over to the federal government following today’s court ruling.
1. Luxury Duplex at Amazon Street, Plot No. 3011 Within Cadastral Zone, A06 Maitama; File No: AN enhancement 11352, which was purchased in December 2022 at N500, 000, 000.00 (value after enhancement at N5,950,000,000).
2. Two Winged Large Storey Building Situate at No. 3, Onitsha Crescent, Area 11,Garki, Cadastral Zone, A03, Abuja (formerly Harmonia Hotels Limited), FCT, which was purchased Dec. 2018 at N7,000,000,000.
3. Plot 683, Jabi District, Cadastral Zone B04, Comprising of a five storey Building (Now Luxurious Meethaq Hotels Ltd, Jabi with 53 rooms/suites), which was purchased in Sept. 2020 at carcass level at N850,000,000 with additional N300,000,000 to take possession (value after completion N8,400,000,000).
4. Property No. 3130 within Cadastral Zone A04, Asokoro District, FCT, Abuja, Comprising Terraces, purchased in January 2021 at N360,000,000.
5. Property No. 3 Rhine Street, Maitama, Abuja (Meethaq Hotels Limited, Maitama With 15 ROOMS), which was purchased in February 2018 at N430,000,000 (current value after rehabilitation is N12,950,000,000).
6. Plot No. 1241B, Asokoro District Zone (No. 11A Yakubu Gowon Crescent) AsokoroDistrict, which was purchased in July 2021 at N325,000,000.
7. Shop No. C82 Citiscape — Shariff Plaza, Plot 739 Cadastral Zone A07, Aminu Kano Crescent, Wuse Il, FCT, Abuja, which was purchased in March 2024 at N120,000,000.
8. No. 4 Ahmadu Bello Way, Nasarawa GRA, Kano, which was purchased in December 2022 at N300,000,000.
9. Plot 157, Lamido Crescent, Nasarawa, GRA, Kano, purchased in July 2019 with no specific amount stated.
10. A Plaza, Commercial Toilets, Laundering, Warehouse Tanks Adjacent to Birnin Kebbi Market at N100 million.
11. 100 Hectares of l;and Along Birnin Kebbi, Jega Road, which was purchased in 2020 at N100,000,000.
12. Four Bedroom Bungalow Gesse Phase, Birnin Kebbi, which was purchased in 2023 at N101,000, 000.
13. Shops Nos. A36, B3 Vegas Mall, Wuse 2, Abuja, which was purchased in July 2023 at N158,000,000.
14. No. 26, Babbi Drive, Bua Estate, Abuja, purchased in 2022 at N136,000,000.
15. No. 27, Efab Estates Avenue, 5th Avenue, 59th Crescent, Gwarimpa, Abuja, purchased in January 2016 at N120,000,000.
16. Four Bedroom/ 2 Rooms Boys Quarters at No. 10B, Doka Crescent Abakpa GRA, Kaduna, purchased in January 2018 at N40, 000, 000.00.
17. Plot No. 13, Ipent 7 Estate, Karsana District, Abuja, purchased in June 2018 at N85,000,000.
18. A Bedroom Duplex & Boys Quarters at No. 12 Yalinga Street, Off Adetokunbo Ademola Crescent, Wuse Il, Abuja, purchased in Oct. 2018 at N150,000,000.
19. Two Warehouse Shops B40 And B46, Wuse Market, Abuja, purchased in July 2020 at N50,000,000.
20. Twin Houses at Zone E, Apo Legislative Quarters, Cadastral Zone B01, Plot 14014, Gudu District, Abuja, was purchased between February and May 2017 at N250,000,000.
Properties acquired by Khadimiyya for Justice & Development Initiative at the Academic Garden City, Birnin Kebbi, sold by the Federal Housing Authority Mortgage namely.
21, 22, and 23. Nine units of three bedroom, bungalow, three units of two bedroom bungalow, and 5.4 hectares of land, which were purchased between February 2023 and September 2023 at N187,000,000, among other assets listed in the schedule.
RAYHAAN UNIVERSITY, KEBBI STATE
24. Rayhaan University Permanent Site -N56,000,000,000.00
25. Rayhaan University Temporary Site -N37,800,000,000.00
26. Rayhaan University Third Site – N2,450,000,000.00
27. Rayhaan University Vice Chancellor – N490,000,000.0
RAYHAAN AGRO ALLIED FACTORY IN KEBBI STATE
28. Factory Buildings -N4,200,000,000.00
29. Factory Machines and Plants Units -N10,500,000,000.00
30. Factory Mosque – N2,450,000,000.00
31. Rayhaan Mill Staff Quarters – N1,487,500,000.00
32. Rayhaan Bustan Building – N3,150,000,000.00
AZBIR ARENA KEBBI STATE
33. Azbir Hotel – N10,325,000,000.00
34. Printing Press – N1,050,000,000.00
35. Gallery – N581,000,000.00
36. Gardens – N392,000,000.00
37. Mosque – N252,000,000.00
38. Azbir Clothing – N350,000,000.00
39. Azbir Pharmacy and Supermarket – N175,000,000.00
OTHER PROPERTIES HELD IN KEBBI STATE
40. Al-Afiya Energy Tanker Garage opposite Rayhaan University Health Centre, along Sani Abacha Bypass Road, Birnin-Kebbi – N2,450,000,000.00
41. Rayhaan Model Academy -N11,200,000,000.0
42. Rayhaan Primary and Secondary School – N8,750,000,000.00
43. Rayhaan Security House, off Sani Abacha Bypass, Birnin Kebbi – 245,700,000.00
44. Rayhaan Radio along Sani Abacha, Bypass Road, Birnin, Kebbi – N78,750,000.00
45. Uncompleted 2 Storey Complex Plaza located opposite Central Motor Park, (Eastern Park) Birnin Kebbi – N665,000,000.00
46. Amasdul Oil and Gas Ltd filling station Structure along Sani Abacha Bypass, Road, Birnin Kebbi near Jambali Automobile Workshop, Birnin Kebbi – 1,050, 000,000.00
47. Malami Support Organization Building – 210,000,000.00
48. ADC Kadi Malami Foundation Building – N56,000,000.00
49. Abubakar Malami SAN’s House GRA – N350,000,000.00
50. Abubakar Malami SAN’s House Behind Mobil – N490,000,000.00
51. Abdulaziz Malami (First Son’s House) at Gesse Phase II in Birnin Kebbi – N1,659,000,000.00
52. Abiru-Rahman Abubakar Malami (Second Son’s House) at Gesse Phase II in Birnin-Kebbi – N2,989,000,000.00
PROPERTIES IN KANO
53. Assets of Zeennoor Hotel at Kabuga Satellite Town, off Gwarzo Road, Kano with 131 rooms – N11,200,000,000.00
54. Zeennoor Mosque at Kabuga, Satellite Town, off Gwarzo Road, Kano – N84,000,000.00
55. Zeennor Old Hotel Building -N280,000,000.00
56. Rayhaan Hotel, Kano Located at Plot 27/28 Opp-Aminu kano Teaching Hospital, Southern Kano (Land And Luxurious Building of more than 50 rooms, with appurtenances- N2,240,000,000.00
57. Rayhaan Gym, Kano House Comprising of a Storey Building Opposite Rayhaan Hotel – N1,225,000,000.00
