A chieftain of the All Progressives Congress (APC), Chief Hyacinth Ngwu, has hailed President Bola Tinubu for his game-changing policies and programmes that have continued to yielding positive results.
Ngwu, who is the former South-East publicity secretary of the APC, said this on Sunday in Enugu, in a statement accessing President Tinubu’s two years in office titled: “Laying solid foundation for a prosperous nation: the President Bola Tinubu’s strides.”
He said that from Tinubu’s first day in office, he made it clear that it would not be “business as usual” and he would transform the economy to sustainably cater for all citizens, and those yet unborn.
According to him, Nigerians now has a president with strong will-power and who is walking his talk as well as agenda meant to benefit every Nigerian and not a few.
He said that the game-changing policies include the removal of fuel subsidy, revitalisation of the refineries, floating of the naira, Nigeria first policy, tax reform bills and inclusive governance, notwithstanding political affiliation, among others.
“By his removal of the fuel subsidy, he has been able to save trillions of naira which has been put to use for the massive developments in roads, educational, health, power infrastructures among others at both federal, state and local government levels.
“Nigeria as at today is refining its crude oil to petroleum products; thus, minimising importation, gradually reducing petroleum product prices and this has been able to stabilise and ease the pressure on the naira in terms of foreign exchange.
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“With this stability, businesses can plan and make reasonable projections. Moreover, the exportation of the finished refined products from the country will further strengthen the value of Naira to external currencies,” he said.
The APC chieftain noted that another sound policy or decision is the floating of the naira in foreign exchange market, which would with time rejuvenate the ailing economy by encouraging exports of local goods and making foreign investments attractive.
“This will enhance the real sector’s capacity, create massive employment opportunities and sustainably grow our Gross Domestic Product (GDP).
“The implementation of the Nigeria first policy will be the catalyst that will work with the flexible naira policy for a robust increase in manufacturing capacity, employment opportunities, and job security.
“Most advanced countries of today, engaged in this policy one time or the other before their economies stabilised.
“There was a time we used to degrade made in China products, but today Chinese products are top brands selling in every country. We will achieve this feat, if we maintain the Nigeria first policy”, he said.