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[UPDATED] Why I’m bound to provide good governance -Tinubu (Read Full Speech + VIDEO)

Why I’m bound to provide good governance -Tinubu (Read Full Speech)
President Bola Tinubu on Wednesday said he is a beneficiary of the June 12 struggles which ushered in democracy in the country.
He said he morally and constitutionally bound to provide good governance.
Tinubu said he must preserve the form of government which fought for.
This was just as he paid glowing tributes to those who fought relentlessly for the de-annulment of the June 12 presidential election.
Tinubu, in a national broadcast, listed the likes of Olisa Agbakoba, Femi Falana, Abdul Oroh, Ayo Opadokun, Ayo Adebanjo, Shehu Sani, and many others who went through hell to ensure end to military rule.
He also commended media organisations which fought hard for the democracy Nigerians enjoy today. He listed The PUNCH, National Concord, The News, Tempo, The Guardian , Nigerian Tribune as some of the media organisations that stood for truth.
Fellow Nigerians,
2. It is exactly three decades today that Nigerians went to the polls to exercise their inalienable right to elect a President of their choice to lead the transition from military dictatorship to a representative government of the people.
3. The abortion, by military fiat, of the decisive victory of Chief Moshood Kashimawo Olawale Abiola of the defunct Social Democratic Party (SDP) in the June 12, 1993, presidential election, up to that time, the fairest and freest election in the country’s political evolution, turned out, ironically, to be the seed that germinated into the prolonged struggle that gave birth to the democracy we currently enjoy since 1999.
4. In rising to strongly oppose the arbitrary annulment of the will of the majority of Nigerians as expressed in that historic election, the substantial number of our people who participated in the struggle to de-annul the election signified their fierce commitment to enthroning democracy as a form of government that best ennobles the liberty, the dignity of the individual and the integrity as well as the stability of the polity. The fierce opposition to the annulment of the June 12, 1993 presidential election and the unrelenting pro-democracy onslaught it unleashed was the equivalent of the battle against colonial rule by our founding fathers that resulted in the gaining of Nigeria’s independence in 1960.
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5. Just like the anti-colonial movement, the pro-June 12 vanguard demonstrated, once again, the enduring validity of the 19th century historian, Arnold Toynbee’s eternal postulation, that civilization and societies experience progress as they are forced to respond to challenges posed by the environment. The unjust annulment of a widely acknowledged free and fair election was a challenge that elicited resistance by a resurgent civil society, leading ultimately to the attainment of our ‘second independence’ as exemplified by the return of democratic governance in 1999.
6. Fellow compatriots, we celebrate a day that has remained a watershed in our nation’s history, not just today, but for every June 12, for the endless future that our beloved country shall exist and wax stronger and stronger, generations of Nigerians will always remind themselves that the democracy that is steadily growing to become the defining essence of our polity was not gifted to us on a silver platter.
7. We can easily recall the sacrifice and martyrdom of Chief MKO Abiola, the custodian of the sacred mandate that was so cruelly annulled. He sacrificed his life in unyielding, patriotic defense of the ideals of democracy as symbolized in his choice, by his fellow countrymen and women, as their duly-elected President. There was an easier choice for him. It was to forgo the justice of his cause and opt for the path of ease and capitulation in the face of the tyranny of power. To his eternal credit and immortal glory, Abiola said no. He demonstrated the time-tested eternal truth that there are certain ideals and principles that are far more valuable than life itself.
8. Everyday, on this day, down the ages we will recall the several other heroes of democracy such as Kudirat Abiola, wife of Chief Abiola, who was brutally murdered while in the trenches fighting on the side of the people. We remember Pa Alfred Rewane, one of the heroes of our independence struggle and Major General Shehu Musa Yar’Adua (rtd) who were silenced by the military junta while in pursuit of democracy. They gave their yesterday for the liberty that is ours today.
9. The point is that we must never take this democracy for granted. We must forever jealously guard and protect it like a precious jewel. For, a people can never truly appreciate the freedoms and rights democracy guarantees them until they lose it.
10. We have traversed the dark, thorny path of dictatorship before and those who experienced it can readily testify to the unbridgeable gap between the dignity of freedom and the humiliation and degradation of tyranny. True, rancorous debates, interminable wrangling, ceaseless quarrels, bitter electoral contestations may be perceived by some as unattractive features of democracy. But they also testify to its merit and value.
11. This year, we held the seventh in the cycle of elections that have become sacred rituals of our democratic practice in this dispensation since 1999.
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12. That the polls were intensely contested is in itself positive evidence that democracy is well and alive in our land. It is only natural that even as those who won and experienced victory in the various elections are elated and fulfilled, those who lost are disenchanted and disappointed. But the beauty of democracy is that those who win today can lose tomorrow and those who lose today will have an opportunity to compete and win in the next round of elections.
13. Those who cannot endure and accept the pain of defeat in elections do not deserve the joy of victory when it is their turn to triumph. Above all, those who disagree with the outcome of the elections are taking full advantage of the constitutional provisions to seek redress in court and that is one of the reasons why democracy is still the best form of government invented by man.
14. For Chief MKO Abiola, the symbol of this day, in whose memory June 12 became a national holiday, democracy is eternal.
15. It is about rule of law and vibrant judiciary that can be trusted to deliver justice and strengthen institutions. It has become imperative to state here that the unnecessary illegal orders used to truncate or abridge democracy will no longer be tolerated.
16. The recent harmonization of the retirement age for judicial officers is meant to strengthen the rule of law, which is a critical pillar of democracy. The reform has just started.
17. The democracy that will yield right dividends to the people who are the shareholders means more than just freedom of choice and right to get people into elective offices. It means social and economic justice for our people. To the winner of June 12, democracy offers the best chance to fight and eliminate poverty. Thirty years ago, he christened his campaign manifesto, ‘Farewell to Poverty’ because he was convinced that there is nothing divine about poverty. It is a man-made problem that can be eliminated with clearly thought out social and economic policies.
18. It is for this reason that, in my inauguration address on May 29, I gave effect to the decision taken by my predecessor-in-office to remove the fuel subsidy albatross and free up for collective use the much-needed resources, which had hitherto been pocketed by a few rich. I admit that the decision will impose extra burden on the masses of our people. I feel your pain. This is one decision we must bear to save our country from going under and take our resources away from the stranglehold of a few unpatriotic elements.
19. Painfully, I have asked you, my compatriots, to sacrifice a little more for the survival of our country. For your trust and belief in us, I assure you that your sacrifice shall not be in vain. The government I lead will repay you through massive investment in transportation infrastructure, education, regular power supply, healthcare and other public utilities that will improve the quality of lives.
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20. The democracy MKO Abiola died for is one that promotes the welfare of the people over personal interests of the ruling class and one where the governed can find personal fulfillment and happiness. That is the hope MKO Abiola ignited throughout our country in 1993.
21. On this year’s Democracy Day, I enjoin us all to rededicate ourselves to strengthening this form of government of free peoples that has been our guiding light these past 24 years. In particular, those of us who have been privileged to be elected into public offices at various levels in both the executive and legislative arms of government must recommit ourselves to offering selfless service to the people, and delivering concrete democracy dividends in accordance with our electoral promises.
22. On my part and that of my administration, I pledge anew our commitment to diligently fulfilling every component of our electoral pact with the people – the ‘Renewed Hope’ agenda.
23. We shall be faithful to truth. Faithful to equity. And faithful to justice. We shall exercise our authority and mandate to govern with fairness, respect for the rule of law, and commitment to always uphold the dignity of all our people.
24. On this note, I wish us all a happy Democracy Day celebration and pray that the light of liberty shall never be extinguished in our land.
25. Thank you all and may God continue to bless the Federal Republic of Nigeria.
Why I’m bound to provide good governance -Tinubu (Read Full Speech)
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Tinubu’s economic reforms making Nigeria more investible — UK Envoy

Tinubu’s economic reforms making Nigeria more investible — UK Envoy
The British High Commissioner to Nigeria, Richard Montgomery, has praised President Bola Ahmed Tinubu’s economic reforms, describing them as “big and bold” initiatives that have transformed Nigeria into a more attractive destination for investors.
Speaking at a press briefing in Abuja on Wednesday, Montgomery acknowledged that the UK’s interest in Nigeria is growing, citing the positive impact of recent economic policies.
“I’ve been very public previously about commending the big and bold economic reforms being taken by His Excellency, President Bola Ahmed Tinubu,” Montgomery stated.
Highlighting key policy changes, he pointed to the abolition of fuel subsidies and the unification of the exchange rate system as crucial steps toward economic stability.
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According to him, these measures are already yielding results, positioning Nigeria as a more “investible” nation.
“My headline this morning is that these economic reforms are paying off, and they are now making Nigeria more investible,” he added.
Montgomery, however, acknowledged the economic strain on Nigerians due to rising inflation, currently hovering in the mid-20 percent range. He noted that while the reforms are transformative, their benefits might take time to materialize fully.
“I realise that some of these reforms for ordinary people are painful. Inflation is still high, it’s in the 20 percent territory, the mid-20s. And it’s going to take time to bring that rate down,” he remarked.
Despite the current economic challenges, the High Commissioner expressed optimism, predicting that inflation rates would begin to ease over the coming months and years, further solidifying Nigeria’s position as an attractive investment hub.
Tinubu’s economic reforms making Nigeria more investible — UK Envoy
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Tinubu presents N1.78tn FCT budget to Senate, seeks speedy approval

Tinubu presents N1.78tn FCT budget to Senate, seeks speedy approval
President Bola Tinubu has forwarded a proposed N1.783 trillion budget for the Federal Capital Territory (FCT) to the Senate, seeking speedy approval for the 2025 fiscal year.
In a formal message to the upper legislative chamber on Wednesday, the President called for urgent consideration of the bill, emphasizing its importance in delivering a functional and responsive administration for FCT residents.
To expedite the legislative process, the Senate activated Order 78, which allowed the appropriation bill to pass its second reading on the same day it was introduced.
Despite the swift movement, the procedure was met with resistance. Senator Abdul Ningi, a member of the opposition, objected under Order 77 (3 and 4), arguing that lawmakers had not received copies of the bill before the discussion commenced.
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The Senate subsequently proceeded with a debate on the bill’s general principles.
Presenting the proposal, Senate Leader Opeyemi Bamidele stated that the bill aims to permit the release of ₦1,783,823,708,392.00 from the FCT Administration’s Statutory Revenue Fund. These funds are intended to cover personnel, overhead, and capital expenses from January 1 to December 31, 2025.
According to Bamidele, the budget allocates ₦150.35 billion for personnel expenses, ₦343.78 billion for overhead costs, and ₦1.29 trillion for capital development.
He stressed that the core goal of the budget is to sustain a results-driven administration with the continuation of existing projects in the FCT and the introduction of new ones deemed crucial.
Tinubu presents N1.78tn FCT budget to Senate, seeks speedy approval
News
Constitution: Reps reject proposal for rotational presidency

Constitution: Reps reject proposal for rotational presidency
The House of Representatives on Tuesday voted down a bill that proposed rotating the office of the president among Nigeria’s six geopolitical zones.
During the session presided over by Speaker Abbas Tajudeen, lawmakers also rejected six additional constitutional amendment bills. All seven proposals failed to pass the crucial second reading stage.
Among the bills was one seeking to transfer the authority to register and regulate political parties from the Independent National Electoral Commission (INEC) to a newly proposed Office of the Registrar General of Political Parties. This legislation was sponsored by Hon. Abbas Tajudeen and Hon. Francis E. Waive.
Another notable bill—tabled by Deputy Speaker Hon. Benjamin Okezie Kalu—sought to institutionalize rotational leadership at the federal level, specifically between the six zones: North Central, North East, North West, South East, South South, and South West.
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Also defeated was a proposal by Hon. Julius O. Ihonvbere aimed at establishing and empowering independent Offices of the Auditors-General at the local government level and in the Federal Capital Territory. According to the bill, the initiative was designed to enhance fiscal responsibility and governance at the grassroots.
Hon. Ihonvbere also fronted a bill advocating for the increase in the number of judges in the Federal High Court to a minimum of 100, a measure that did not survive the House vote.
In a related effort, lawmakers rejected a constitutional amendment expanding the Federal High Court’s jurisdiction to include admiralty matters such as shipping, inland waterways—including the River Niger and River Benue—and federal ports.
Additionally, the chamber turned down a bill granting the National Judicial Council (NJC) authority to determine and review, in collaboration with the National Salaries, Incomes and Wages Commission, the remuneration of judicial officers and judiciary staff.
Finally, a motion to create Ughelli East Local Government Area in Delta State, brought forward by Hon. Francis Ejiroghene Waive, also failed to gain the necessary support.
Initially, all seven proposals were bundled and voted on as a group but were rejected outright. Subsequent efforts to conduct separate votes also failed, despite intervention from the House Committee on Rules and Business, which suggested revisiting the motions on Wednesday.
Constitution: Reps reject proposal for rotational presidency
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