Abuja Business Chamber congratulates Tinubu

Dr. Al-Mujtaba Abubakar, the president of the Abuja Chamber of Commerce and Industry (ACCI), extends his congratulations to Bola Ahmad Tinubu, who was sworn in as the Federal Republic of Nigeria’s 17th president today.

President Muhammadu Buhari, who served as president of Nigeria for two terms, was succeeded by President Tinubu of the All Progressives Congress (APC), a two-time governor of Lagos State.

Dr. Abubakar, who congratulates President Tinubu on behalf of the Executive Council and the ACCI members, said that there are a lot of expectations for the president and prayed that God would give him the strength to accomplish everything he outlined in his inaugural address.

With the wealth of business and political experience President Tinubu has so far, he claimed, “we believe that Nigeria will experience a new turn.”

Nigeria is waiting to see how the new administration will approach important economic issues, security concerns, and employment issues, among others.

In his inaugural address, he declared that “security shall be the top priority of our administration because prosperity and justice cannot prevail in an environment of insecurity and violence.We will update both the architecture and our security doctrine in order to address this threat effectively.

Regarding the economy, “we aim to increase GDP growth and significantly lower unemployment. The following actions are what we plan to take to achieve this: First, there will be a budgetary reform that stimulates the economy without causing inflation. Second, industrial policy will make use of all available fiscal tools to support domestic manufacturing and reduce reliance on imports. Third, both homes and businesses will be able to access and afford electricity. Networks for transmission and distribution should be improved, and power generation should nearly double. States will be urged to create local sources as well.

He added that his administration must give our youth worthwhile opportunities.

According to Dr. Abubakar, as a chamber of commerce and industry, we anticipate favourable policies that will benefit the business community and make a significant contribution to the growth of the economy.

“We do hope that this administration will honour its commitments to security, employment, infrastructure provision, and other orders.”

We once more extend our congratulations to President Bola Ahmad Tinubu, the Federal Republic of Nigeria’s 16th president, and Kashim Shettima, Tinubu’s running mate.