Dear Compatriots,
I greet and felicitate with you all as
we enter the year 2014 which promises to be a momentous one for our
country for several reasons, including the fact that it is also the year
of our great nation’s centenary celebrations. I join you all in giving
thanks to God Almighty for guiding us and our beloved nation safely
through all the challenges of the outgoing year to the beginning of
2014.
Exactly 100 years ago today, on January
1, 1914, the British Colonial authorities amalgamated what was then the
separate Protectorates of Southern Nigeria and Northern Nigeria, giving
birth to the single geopolitical entity known as Nigeria. For us
therefore, today is not just the beginning of a new year, but the end of
a century of national existence and the beginning of another. It is a
moment for sober reflection and for pride in all that is great about
Nigeria.
Whatever challenges we may have faced,
whatever storms we may have confronted and survived, Nigeria remains a
truly blessed country, a country of gifted men and women who continue to
distinguish themselves in all spheres of life, a country whose
diversity remains a source of strength. We pay tribute today, as always
to our founding fathers and mothers, and all the heroes and heroines
whose toil and sweat over the century made this country what it is
today.
As I noted, a few days ago, the
amalgamation of 1914 was certainly not a mistake but a blessing. As we
celebrate 100 years of nationhood, we must resolve to continue to work
together as one, united people, to make our country even greater.
I assure you that our administration
remains fully committed to the progressive development of our country
and the consolidation of peace, unity and democratic governance in our
fatherland. Despite several continuing domestic and global challenges,
for us in Nigeria, the year 2013 witnessed many positive developments
which we will strive to build upon in 2014.
We have diligently carried forward the
purposeful and focused implementation of our agenda for national
transformation in priority areas such as power, the rehabilitation and
expansion of national infrastructure, agricultural development,
education and employment generation.
Our national budget for 2014 which is
now before the National Assembly is specifically targeted at job
creation and inclusive growth. We are keenly aware that in spite of the
estimated 1.6 million new jobs created across the country in the past 12
months as a result of our actions and policies, more jobs are still
needed to support our growing population. Our economic priorities will
be stability and equitable growth, building on the diverse sectors of
our economy.
In 2013, we commenced implementation of
the National Industrial Revolution Plan (NIRP) aimed at industrializing
Nigeria and diversifying our economy into sectors such as
agro-processing, light manufacturing, and petrochemicals. We have also
negotiated a strong Common External Tariff (CET) agreement with our
ECOWAS partners which would enable us to protect our strategic
industries where necessary.
I am pleased to note that as a result of
our backward integration policies, Nigeria has moved from a country
that produced 2 million metric tonnes of cement in 2002, to a country
that now has a capacity of 28.5 million metric tonnes. For the first
time in our history, we have moved from being a net importer of cement
to a net exporter. Foreign direct investment into Nigeria has also been
strong. In fact, for the second year running, the UN Conference on Trade
and Development has named Nigeria as the number 1 destination for
investments in Africa.
We are witnessing a revolution in the
agricultural sector and the results are evident. We have tackled
corruption in the input distribution system as many farmers now obtain
their fertilizers and seeds directly through an e-wallet system. In
2013, 4.2 million farmers received subsidized inputs via this programme.
This scheme has restored dignity to our farmers.
Last year we produced over 8 million
metric tonnes of additional food; and this year, inflation fell to its
lowest level since 2008 partly due to higher domestic food production.
Our food import bill has also reduced from N1.1 trillion in 2011, to
N648 billion in 2012, placing Nigeria firmly on the path to food
self-sufficiency.
The sector is also supporting more jobs.
Last year, we produced 1.1 million metric tonnes of dry season rice
across 10 Northern states; and over 250,000 farmers and youths in these
States are now profitably engaged in farming even during the dry season.
This Administration is also developing
our water resources which are key for both our food production and job
creation goals. In 2013, we completed the construction of nine dams
which increased the volume of our water reservoirs by 422 million cubic
metres. Through our irrigation and drainage programme, we have increased
the total irrigated area by over 31,000 hectares creating jobs for over
75,000 farming families while increasing production of over 400,000
metric tons of assorted irrigated food products.
Fellow Compatriots, I have always
believed that the single greatest thing we can do to ensure all
Nigerians realize their potential and play a full part in our nation’s
future, is to invest in education. The education of our young people is a
key priority for this Government. We take this responsibility very
seriously and I urge all other stakeholders in the sector to recognize
the national importance of their work, and to help advance the cause of
education in our nation.
Between 2007 and 2013, we have almost
tripled the allocation for education from N224 billion to N634 billion –
and we will continue to vigorously support the sector. We have improved
access to education in the country with the construction of 125
Almajiri schools, and the establishment of three additional Federal
Universities in the North, bringing to twelve, the number of
universities established by this administration.
In 2013, we rehabilitated 352
laboratories and constructed 72 new libraries in the Federal Unity
Schools; and also rehabilitated laboratories of all the 51 Federal and
State polytechnics across the country.
In the Health sector, we are building
strong safety nets and improving access to primary health care under the
Saving One Million Lives programme. In 2013, we recruited 11,300
frontline health workers who were deployed to under-served communities
across the country. Over 400,000 lives have been saved through our
various interventions. We have reached over 10,000 women and children
with conditional cash transfer programmes across 8 States and the FCT
and we intend to scale up this successful initiative.
Our national immunization coverage has
exceeded 80%. And for the first time in the history of the country there
has not been any transmission of the Type-3 Wild Polio virus for more
than one year. We have also eradicated the guinea worm that previously
affected the lives of over 800,000 Nigerians yearly. In tertiary health
care, we upgraded medical facilities across the country. Two of our
teaching hospitals – the University of Nigeria Teaching Hospital in
Enugu, and the University College Hospital in Ibadan – commenced open
heart surgeries this year after the installation of new facilities.
Fellow Nigerians, I have dwelt on some
of our administration’s achievements in 2013 to reassure you that we are
working and results are being achieved on the ground. As we enter our
Centennial year, there is still much work ahead. We are determined to
sustain our strong macroeconomic fundamentals, to strengthen our
domestic institutions, and to invest in priority sectors. These
investments will create more jobs for our youth. Government will at the
same time, continue to scale-up investments in safety nets and the MDGs
to take care of the poor and the vulnerable so that they too can share
in our growth and prosperity.
In 2014, we will continue to prioritize
investments in key sectors such as infrastructure development, power,
roads, rail transportation and aviation. In the past year, the Federal
Government completed the privatization of four power generation
companies and 10 power distribution companies. We are also in the
process of privatizing 10 power plants under the National Integrated
Power Projects (NIPP).
We shall boost investments in
transmission to ensure power generated is properly evacuated and
distributed. In this regard, we have already mobilized an additional
$1.5 billion for the upgrade of the transmission network in 2014 and
beyond. Government will also strengthen regulation of the sector, and
closely monitor electricity delivery to increase this beyond 18 hours
per day. We will complete the privatization of the NIPP projects,
accelerate work on our gas pipeline infrastructure and also continue to
invest in hydro-electric power and clean energy as we monitor the
effects of climate change on our economy.
Our administration believes that the
cost of governance in the country is still too high and must be further
reduced. We will also take additional steps to stem the tide of
corruption and leakages. We have worked hard to curb fraud in the
administration of the pension system and the implementation of the
petroleum subsidy scheme. We have introduced a Pensions Transition
Arrangement Department under a new Director-General. This department
will now ensure that those of our pensioners still under the old scheme
receive their pensions and gratuities, and are not subjected to fraud.
Prosecution of all those involved in robbing our retired people will
continue. The Petroleum Subsidy Scheme is also now being operated under
new strict guidelines to tackle previous leakages in the scheme and
prevent fraud.
Foreign travel by government personnel
will be further curtailed. This directive shall apply to all Ministries,
Departments and Agencies of the Federal Government. Our strategy to
curb leakages will increasingly rely on introducing the right
technologies such as biometrics and digitizing government payments.
I am therefore pleased to inform you
that we shall complete the deployment of the three electronic platforms
in 2014 – namely, the Treasury Single Account (TSA), the Government
Integrated Financial Management Information System (GIFMIS) and the
Integrated Payroll and Personnel Information System (IPPIS) – which are
all geared towards improving efficiency and transparency in our public
finances. Through these reforms, we have already saved about N126
billion in leaked funds and intend to save more.
To sustain Nigeria’s ongoing
agricultural transformation, we have planned further investments in the
sector. We will provide input subsidies to five million farmers
nationwide using the e-wallet system. This Administration recently
launched a self-employment initiative under the Youth Employment in
Agriculture Programme (YEAP), called the Nagropreneur programme. This
scheme would encourage our youth to go into commercial agriculture as
entrepreneurs and we plan to develop over 750,000 young Nagropreneurs by
2015.
We will also establish new
agro-industrial clusters to complement the staple crop processing zones
being developed across the country. In 2014, this Administration will
continue to work with the private sector to improve financing in the
agricultural sector. For example, we will launch the Fund for
Agricultural Finance in Nigeria (FAFIN) which will serve as a private
equity fund to invest in agri-businesses across the country.
Our Small and Medium scale enterprises
(SMEs) will be the bedrock of Nigeria’s industrialization. We have about
17 million registered SMEs, and they employ over 32 million Nigerians.
When our SMEs grow, more jobs will be created for our youth. Therefore,
in 2014, this Administration will focus strongly on implementing the
Nigeria Enterprise Development Programme (NEDEP) to address the needs of
small businesses. Our interventions will include helping SMEs with
access to affordable finance, business development services, and youth
training. In addition, our new CET policies will enable us to support
our emerging industries.
We will also intensify our investment
promotion efforts abroad, to ensure we bring the biggest and best
companies from around the world to invest in Nigeria.
Dear Compatriots, the housing and
construction industry is a critical sector in most developed economies.
When the housing sector booms, it creates additional jobs for architects
and masons, for electricians and plumbers, for painters and interior
decorators, and for those in the cement and furniture industries.
Today, I am pleased to inform you that
this Administration is reinvigorating our housing and construction
sector. We have established the Nigeria Mortgage Refinance Company
(NMRC) which will increase liquidity in the housing sector, provide a
secondary market for mortgages, and thereby increase the number of
people able to purchase or build homes at an affordable price in the
country.
In 2014, we will work in a number of
pilot states where the State Governors have agreed to provide fast-track
land titles, foreclosure arrangements, and serviced plots. This new
institution will enable us to create over 200,000 mortgages over the
next five years at affordable interest rates. In addition, those at the
lower end of the economic ladder will not be left behind as this new
initiative will expand mass housing schemes through a re-structured
Federal Mortgage Bank and other institutions to provide rent-to-own and
lease-to-own options. I am confident that very soon, many more
hardworking Nigerian families will be able to realize their dream of
owning a home.
In this our centenary year, we will
continue our efforts, through the Saving One Million Lives initiative to
strengthen primary health care services. We will scale up interventions
in reproductive, maternal, newborn and child health, nutrition, routine
immunization, HIV/AIDS, malaria elimination, tuberculosis, neglected
tropical diseases, and non-communicable diseases. We will pay greater
attention to the provision of universal health coverage. Besides the
implementation of new initiatives such as my comprehensive response plan
for HIV/AIDS, we shall continue to collaborate with global health
partners to deliver our health sector transformation agenda.
I am glad that the issues responsible
for the long-drawn ASUU strike have been resolved and our children are
returning to their campuses. We are committed to making our tertiary
institutions true centres of learning for our young people. We will
therefore focus on upgrading hostels, laboratories, classrooms, and
halls. As the 2015 deadline for the Millennium Development Goals
approaches, we will continue to expand access to basic education for all
Nigerian children. Working with State Governments, we shall decisively
tackle the problem of the large numbers of out-of-school children in
this country. We will also invest in technical and vocational education
to promote skills development for our youth across the country.
Nigerian entrepreneurs still lack access
to affordable financing, with medium-to-long-term tenors. To address
this gap, a new wholesale development finance institution will be
established in 2014 to provide medium-to long-term financing for
Nigerian businesses. We are working with partners such as the World
Bank, the Africa Development Bank, the BNDES Bank in Brazil, and KfW in
Germany, to realize this project. Our existing Bank of Agriculture and
Bank of Industry will be re-structured as specialized institutions to
retail financing from this new wholesale development bank.
In addition to the foregoing, our
administration will also do all within its powers to ensure the success
of the forthcoming National Conference. The report of the Presidential
Advisory Committee on the Conference is undergoing urgent review and the
approved structure, guidelines and modalities for the conference will
soon be published as a prelude to its commencement and expeditious
conclusion. It remains our sincere hope and expectation that the success
of the national conference will further enhance national unity, peace
and cohesion as we move ahead to the 2015 general elections.
In keeping with our avowed commitment to
progressively enhancing the credibility of Nigeria’s electoral process
by consistently upholding the principle of one man, one vote, our
Administration will also ensure that the Independent National Electoral
Commission (INEC) receives all required support to ensure that it is
adequately prepared for the next general elections.
As peace and security remain
prerequisite conditions for the full realization of our objectives, we
will also do more in 2014 to further empower our security agencies who
are working in collaborative partnerships with our friends in the
international community to stem the scourge of terrorism in our country
and enhance the security of lives and property in all parts of Nigeria.
The allocation of over N600 Billion to Defence and Policing in the 2014
Budget attests to this commitment.
Fellow compatriots, the task of making
our dear nation a much better place for present and future generations
cannot be left to government alone. I therefore urge you all to be ready
and willing to do more this year to support the implementation of the
Federal Government’s Agenda for National Transformation in every
possible way.
Let us all therefore resolve as we
celebrate the new year, and Nigeria’s Centenary, to place the higher
interests of national unity, peace, stability and progress above all
other considerations and work harder in our particular fields of human
endeavour to contribute more significantly to the attainment of our
collective aspirations. I urge all Nigerians, no matter their stations
in life, to rededicate themselves to contributing meaningfully to
further enrich our national heritage. The time for that re-dedication is
now, not tomorrow.
I wish you all a happy and rewarding 2014. God bless Nigeria. Happy New Year.
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