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Happy Independence Day Nigerians! President Buhari’s Speech [FULL TEXT]

INDEPENDENCE DAY ADDRESS BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA ON THE OCCASION OF NIGERIA’S SIXTY-FIRST INDEPENDENCE ANNIVERSARY, FRIDAY 1ST OCTOBER, 2021.

Citizens of Nigeria.

It is with full gratitude to God that today, we celebrate Nigeria’s sixty-first Independence Anniversary.

  • For 1st of October 1960 to happen, all hands were on deck. East, West, North all came together to celebrate freedom. Today should not only serve as a reminder of the day the British handed over the reins of power to Nigerians, but also unified Nigerians from all ethnic groups, religions, and regions.
  • Today, despite the challenges we face, most Nigerians still maintain the spirit of 1st October. That positive outlook and determination make Nigeria a peaceful and prosperous nation. It is due to this collective attitude that Nigeria doggedly continues to remain a united and indivisible nation.
  • Fellow Nigerians, the past eighteen months have been some of the most difficult periods in the history of Nigeria. Since the civil war, I doubt whether we have seen a period of more heightened challenges than what we have witnessed in this period.
  • Our original priorities for 2020 were to continue stabilizing our economy following the deep recession while restoring peace in areas confronted with security challenges. But the COVID-19 pandemic and its devastating impact on all nations meant we needed to shift gears and re-strategize.
  • Nigerians came together as one to fight against COVID-19. It is this attitude and by the special grace of God, we continue to survive the pandemic as a nation and indeed, provide leadership and example at regional and international levels.
  • The doomsday scenario predicted for our country never came. Even as the Delta variant continues to spread, we have built the capacity we need to respond now and into the future.
  • I will therefore appeal to Nigerians not to take COVID lightly, adhere to public health and social measures, put your mask on, and get vaccinated. We can control this pandemic, but it requires effort on everybody’s part. The investments we made in response to COVID-19 will also serve our country to tackle any future disease outbreaks or pandemics.
  • Despite the global inequity in access to vaccines, the Government of Nigeria has continued to explore all available options to ensure Nigerians have free access to safe and effective vaccines.
  • Some five million vaccine doses have been administered to Nigerians through efforts led by the National Primary Health Care Development Agency and we will continue to explore options for purchase or acquisition of vaccines such as through COVAX and the African Vaccine Acquisition Trust.
  • I will take this opportunity to remind the global community that the current state of access to COVID-19 vaccines is unacceptable. We cannot afford a situation where a handful of countries keep the global vaccine supply to themselves at the expense of other nations.
  • We must act now to accelerate the equitable distribution of COVID-19 vaccines. This is the message I conveyed to the international community in New York last week.
  • As we push to source vaccines for our immediate needs, we shall invest more to support our pharmaceutical and research agencies to come up with ideas for locally developed vaccines. Should another pandemic arise in the future, Our question is simple; will Nigeria be ready?
  • Accordingly, I have directed the Ministries of Finance, Budget and National Planning, Health, Education and Science and Technology to work with Nigerian and International pharmaceutical companies and research organizations to enhance Nigeria’s domestic pharmaceutical capacity.
  • Already, the Nigerian Sovereign Investment Authority is raising a $200 million fund for this initiative that will complement the Central Bank of Nigeria’s ongoing N85 billion Healthcare Sector Research and Development Intervention Scheme to support local researchers in the development of vaccines and drugs to combat communicable and non-communicable diseases, including COVID-19.

Fellow Nigerians, this is just the beginning.

  • Similarly, on our approach to food security, I am proud to announce Nigeria has commenced its journey to pharmaceutical independence.
  • This journey, which will take years to achieve but will ultimately result in Nigerian-based companies developing the Active Pharmaceutical substances and competence needed for us to make our own drugs and vaccines.

Fellow Nigerians,

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Entertainment

Kunle Remi Blasts Government on economic hardship, asks Nigerians to hold government accountable

Nollywood actor Kunle Remi has joined growing public frustration over the rising cost of petrol, using his platform to call for more open conversations about the country’s current economic strain

The actor pushed back against the idea that public figures should stay silent on political or economic issues. “Usually I say things like I don’t really get involved with politics… No, that’s the most stupid statement from anyone in Nigeria right now,” he said. “We should be discussing, we should be talking about it, we should be trying to fix… There’s nothing like sitting on the fence.”

Remi linked his concerns to the direct impact of fuel prices on everyday life, pointing to the ripple effect across businesses and households. “Today I bought petrol for 1,300-something naira,” he said, noting that everything from shopping malls to small barber shops depends heavily on petrol to operate. “I have a child, so I’m thinking not just for myself.”

He also questioned Nigeria’s sensitivity to global oil market shifts, particularly ongoing tensions in the Middle East. “I don’t understand why Nigeria is one of the first countries to be affected by the war in Iran. My spirit is very angry. All the things I’ve been working for is for what?” he said.

His comments come amid sustained pressure on petrol prices across Nigeria. Despite the start of domestic refining operations, including the Dangote Refinery, pump prices have continued to reflect global market volatility. Industry stakeholders have pointed to international crude oil price movements and geopolitical tensions as key factors limiting any immediate relief.

Recent market data shows that a nearly 20 per cent increase in petrol prices implemented last week remains in place, with a national average of about N1,300 per litre. A decline in crude oil prices earlier in the week has yet to translate into lower pump prices, raising further concerns among consumers.

Online, Remi’s remarks have drawn widespread support, with many users commending him for speaking out on an issue that directly affects daily living. Some described his comments as reflective of broader public sentiment, especially as more Nigerians grapple with rising transportation and operating costs.

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Business

NCC orders Telco’s To compensate subscribers for poor network service

The Nigerian Communications Commission (NCC) has instructed Mobile Network Operators (MNOs) to make things right for customers when the network quality in certain areas doesn’t meet the expected standards.

This directive was shared in a statement released on Sunday by Nnenna Ukoha, who leads the Public Affairs Department. The statement emphasized the Commission’s firm view that customers shouldn’t have to bear the entire brunt of service problems if operators aren’t meeting the required service delivery benchmarks.

Part of the statement said “Under this directive, erring operators will compensate affected users directly for breaches of Quality of Service (QoS) Key Performance Indicators (KPIs).
Mobile Network Operators (MNOs) shall be required to pay these compensations for instances of poor quality of service recorded within specified time frames.

The compensation will be provided in the form of airtime credits, calculated based on subscribers’ average spending patterns and their presence within Local Government Areas where service failures occur.”

Ukoha explained that this directive stems from the Commission’s overall approach to regulation, which prioritizes the consumer right at the heart of Nigeria’s telecommunications landscape. They emphasized that today’s telecommunications services are fundamental to economic activity, social connections, and gaining access to digital possibilities.

“When service quality is poor, the consequences affect productivity, commercial activities, and even public confidence in our communications system.

While regulatory fines have traditionally served as a deterrent against poor service delivery, the Commission is adopting a more consumer-focused approach that strengthens accountability within the industry,” the statement said.

The Commission has designed this measure to complement existing and ongoing efforts to strengthen service quality monitoring and enforce performance standards.

“Further to this directive by the Commission to MNOs on compensation to consumers, the Commission is also mandating Tower Companies that own the critical infrastructure for Quality of Service delivery, such as masts, to invest in infrastructure with measurable outcomes using sums that it has fined these companies, in addition to other financial fines the Commission will deem appropriate.

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FG Says Nigeria needs $100 billion to solve power crisis

Nigeria needs over $100 billion in public and private investments to achieve 24-hour electricity, as Power Minister Adebayo Adelabu outlines funding gaps, gas shortages, and sector reforms. The Federal Government has revealed that Nigeria needs more than $100 billion in combined public and private investment across the entire power sector to ensure a reliable 24/7 electricity supply.

At a press conference, where he was updating the public on recent developments and achievements in the power sector under the current government, the Minister of Power, Adebayo Adelabu, acknowledged the recent decline in electricity supply across the country. He apologized to the people of Nigeria and promised to take quick steps to fix the situation.

Put together, we are talking of over $100bn of investments in the upstream, midstream, and downstream of the power sector value chain,” Adelabu said. “This is not a figure to be underestimated, but it is achievable in phases, through a combination of government and private sector participation. Patience and consistent investment are key.”

The minister explained that the government has worked out the costs: bringing an extra 20,000 megawatts of power online would likely set them back around $30 billion, based on an average cost of $1.5 billion for every 1,000MW plant. Getting that power to where it’s needed through transmission lines is estimated at $20 billion, while setting up distribution networks and gas pipelines would cost roughly $25 billion and $22 billion, respectively.

Adelabu pointed out that while South Africa, with a population of about 60 million, is considering a $25 billion private investment in its energy sector, Nigeria’s much larger population – over 200 million – means we need to invest even more, proportionally speaking.

Although there are difficulties now, the minister also emphasized the significant progress that has been made since the current administration took office in September 2023. “For the first time in Nigeria’s history, we achieved a generation peak of 6,001 megawatts in April 2025, and the highest transmission of 5,801 megawatts on March 2, 2025,” he said.

“This was made possible through completion of the Zungeru hydro power plant (700MW), rehabilitation of existing thermal plants, and expansion of renewable energy via mini-grids.”

Installed capacity rose from 13,000MW in 2023 to 14,400MW in 2025, while financial interventions included a N4tn debt restructuring to clear outstanding unpaid subsidies to power-generating companies, of which N501bn has already been raised from the bond market and disbursed.

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