Friday, October 10, 2025
  • About
  • Advertise
  • Careers
  • Contact
Newsroom Nigeria
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life
No Result
View All Result
Newsroom Nigeria
ADVERTISEMENT
Home Across the Nation

STUDENT LOAN, CONSUMER CREDIT SCHEMES WILL COMMENCE JANUARY 2024 – TINUBU

The President called on the private sector to support his vision for a greater Nigeria

Newsroom Nigeria by Newsroom Nigeria
October 23, 2023
in Across the Nation
Reading Time: 3 mins read
0
SHARES
Share on FacebookShare on Twitter
Tinubu

President Bola Tinubu has allayed the concerns of the business community, assuring them that crucial plans are underway to improve foreign exchange liquidity.

The President said his administration will honour every legitimate contract with respect to the nation’s foreign exchange obligations.

Related posts

TINUBU ACCEPTS INEC CHAIRMAN’S DEPARTURE, BESTOWS NATIONAL HONOUR ON HIM

Viewpoint: Prof. Yakubu: Salute to Consolidation , Courage.and Innovation By Ezenwa Nwagwu

October 10, 2025
TINUBU PARDONS HERBERT MACAULAY, VATSA, LAWAN, GRANTS CLEMENCY TO 82 INMATES

TINUBU PARDONS HERBERT MACAULAY, VATSA, LAWAN, GRANTS CLEMENCY TO 82 INMATES

October 9, 2025

Speaking at the 29th Nigerian Economic Summit (NES) in Abuja, on Monday, President Tinubu said he is confident that by working closely with the private sector, financing the Three Trillion Dollar National Infrastructure Stock can be achieved

Tinubu

in 10 years and not in 300 years.

The President said the construction of megacities in every geopolitical zone of the size and scale of Lagos must not take six decades because it can be achieved in one decade, emphasizing that a fully networked and connected Nigeria by rail, gas, fibre optics and road network can be constructed in less than 20 years with thriving Industrial Zones in every geopolitical zone of Nigeria before 2030.

“Consistent with our commitment to enshrining fairness and the rule of law in our country, this government will uphold the sanctity of every legitimate contract. Specifically, as it relates to the foreign exchange obligations of the government, all forward contracts that the government has entered into will be honoured and a framework has been put in place to ensure that these obligations are met in due course.

“My government is not blind to the challenges which several of you are facing in the financial markets. I can allay these concerns by revealing that we have a good line of sight into the additional foreign exchange liquidity that is required to restore market confidence,” the President said.

Assuring the business community of a fairer and safer playing field for all, the President said his administration is strengthening the machinery and architecture of governance by establishing a public and civil service culture and structure that is performance and result-oriented, adding that: “We shall govern ethically, with accountability and transparency; implementing sound and effective policies to accomplish our Eight Priorities.”

President Tinubu outlined the eight priority items of his administration as ending poverty, achieving food security, economic growth and job creation, access to capital across all segments of society and the economy, inclusivity, security, fairness and rule of law, and anti-corruption, stating that he is committed to delivering improved livelihoods and positive economic outcomes which Nigerians can tangibly feel and experience.

Recognizing the institutional frailties of past years and his pragmatic approach to achieving his bold agenda through a path that fully accounts for present-day challenges, the President said: “With the effects of an unsustainable fiscal deficit and hidden subsidies, these factors distorted the money supply and created an unfair playing field for an elite crop of unpatriotic forces. But that is no more. These changes have been tackled head-on. My government has introduced several measures to resuscitate the economy; including the Five Hundred Billion Naira intervention to support small businesses and the agricultural sector. By January 2024, the new student loan program and consumer credit schemes will have come into effect.

The President called on the private sector to support his vision for a greater Nigeria, saying: “I would like to charge YOU, the Captains of Industry here present, to commit and redouble your commitment to our vision of a Renewed and more Prosperous Nigeria, a better Nigeria for all. For us to successfully deliver our promise to Nigerians, we recognise that it is imperative that we foster a highly collaborative relationship with the private sector. We must work together. I have proven capacity in this regard, as we remember the role of public-private partnership in the transformation of Lagos State under my leadership. We will replicate that across Nigeria with your unwavering support.

“Today, I urge you, as Nigeria’s foremost private sector think tank and policy advocacy group, to go much further than you have done before. Bring your ideas, bring your leadership, bring your capital, bring the collective will of your large conglomerates and business networks. Let us build a future of renewed hope. My government is prepared. Are you also prepared?”

The annual Nigerian Economic Summit is organized by the Nigerian Economic Summit Group in collaboration with the Federal Ministry of Budget and National Planning.

 

ShareTweetSendShareShare
Previous Post

INSURANCE INDUSTRY NEEDS SIGNIFICANT TRANSFORMATION – ELUMELU

Next Post

TINUBU HAILS NIGERIA’S VICTORY IN P&ID CASE

Related Posts

TINUBU ACCEPTS INEC CHAIRMAN’S DEPARTURE, BESTOWS NATIONAL HONOUR ON HIM
Across the Nation

Viewpoint: Prof. Yakubu: Salute to Consolidation , Courage.and Innovation By Ezenwa Nwagwu

October 10, 2025
TINUBU PARDONS HERBERT MACAULAY, VATSA, LAWAN, GRANTS CLEMENCY TO 82 INMATES
Across the Nation

TINUBU PARDONS HERBERT MACAULAY, VATSA, LAWAN, GRANTS CLEMENCY TO 82 INMATES

October 9, 2025
HE WAS THE FINEST OF MEN, AND WAS EXCEPTIONALLY BRILLIANT, SAYS TINUBU IN TRIBUTE TO THE LATE DR CHRISTOPHER KOLADE
Across the Nation

HE WAS THE FINEST OF MEN, AND WAS EXCEPTIONALLY BRILLIANT, SAYS TINUBU IN TRIBUTE TO THE LATE DR CHRISTOPHER KOLADE

October 9, 2025
NATIONAL COUNCIL OF STATE UNANIMOUSLY APPROVES APPOINTMENT  AMUPITAN AS INEC CHAIRMAN
Across the Nation

NATIONAL COUNCIL OF STATE UNANIMOUSLY APPROVES APPOINTMENT  AMUPITAN AS INEC CHAIRMAN

October 9, 2025
10th African Brands Congress 2025 On October 13th
Across the Nation

10th African Brands Congress 2025 On October 13th

October 8, 2025
TINUBU ACCEPTS RESIGNATION OF GEOFFREY NNAJI AS MINISTER
Across the Nation

TINUBU ACCEPTS RESIGNATION OF GEOFFREY NNAJI AS MINISTER

October 7, 2025
Next Post

TINUBU HAILS NIGERIA'S VICTORY IN P&ID CASE

RECOMMENDED NEWS

JUNE 12: GROUP TO HONOUR TINUBU, ENAHORO, BEKO, UBANI, OTHERS

2 years ago

NDLEA Burns1.8 tons of cocaine, as Marwa Promises Drug Cartel Tough Time

3 years ago

BAUCHI GOVERNOR HAILS JULIUS  BERGER AS THE BEST CONSTRUCTION COMPANY IN NIGERIA

4 years ago
Speaker Obasa Felicitates Remi Tinubu at 65, Hails ‘Renewed Hope Initiative’ Impact

Speaker Obasa Felicitates Remi Tinubu at 65, Hails ‘Renewed Hope Initiative’ Impact

3 weeks ago

FOLLOW US

ADVERTISEMENT
ADVERTISEMENT

POPULAR NEWS

  • NATIONAL COUNCIL OF STATE UNANIMOUSLY APPROVES APPOINTMENT  AMUPITAN AS INEC CHAIRMAN

    NATIONAL COUNCIL OF STATE UNANIMOUSLY APPROVES APPOINTMENT  AMUPITAN AS INEC CHAIRMAN

    0 shares
    Share 0 Tweet 0
  • South Rejected Tinubu in 2023, North and South Will Reject Him in 2027 — Gbenga Hashim’s Group

    0 shares
    Share 0 Tweet 0
  • TINUBU ACCEPTS INEC CHAIRMAN’S DEPARTURE, BESTOWS NATIONAL HONOUR ON HIM

    0 shares
    Share 0 Tweet 0
  • TINUBU PARDONS HERBERT MACAULAY, VATSA, LAWAN, GRANTS CLEMENCY TO 82 INMATES

    0 shares
    Share 0 Tweet 0
  • TINUBU ACCEPTS RESIGNATION OF GEOFFREY NNAJI AS MINISTER

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
Newsroom Nigeria

The NEWSROOM NIGERIA is an independent, liberal on – line news platform committed to the right of the individual to pursue his economic happiness, without undue interference of the state. It shall promote the rights of the individual; right to freedom of worship and conscience, and to hold opinions and impact same without hindrance, subject to such laws are as consistent with the constitution and necessary for the protection of the rights of others.

  • About
  • Advertise
  • Careers
  • Contact

© 2025 Newsroom Nigeria - Designed by Semasir Connect.

No Result
View All Result
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life

© 2025 Newsroom Nigeria - Designed by Semasir Connect.