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Inauguration: 7 Key Takeaways From Tinubu’s Inaugural Speech

President Bola Tinubu, has been officially sworn in as the 16th president of Nigeria amid colourful events and festive mood at the Eagle Square today (Monday).
Tinubu, in his inaugural speech, touched on keynote policies and initiatives that will herald the start of his administration.
Here are seven major takeaways from the President’s speech.
Tinubu reaffirmed that the era of fuel subsidy is gone.
He said, “We commend the decision of the outgoing administration in phasing out the petrol subsidy regime which has increasingly favoured the rich more than the poor. Subsidy can no longer justify its ever-increasing costs in the wake of drying resources.
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“We shall instead re-channel the funds into better investment in public infrastructure, education, health care and jobs that will materially improve the lives of millions.
We’ll create jobs, prosperity for youth.
The president emphasized that his administration must create meaningful opportunities for our youth, saying “We shall honour our campaign commitment of one million new jobs in the digital economy.
“Our government also shall work with the National Assembly to fashion an omnibus Jobs and Prosperity bill. This bill will give our administration the policy space to embark on labour-intensive infrastructural improvements, encourage light industry and provide improved social services for the poor, elderly and vulnerable,” he said.
We shall reform security doctrine
Tinubu noted that security shall be the top priority of his administration, because neither prosperity nor justice can prevail amidst insecurity and violence.
He said, “To effectively tackle this menace, we shall reform both our security DOCTRINE and its ARCHITECTURE.
READ ALSO: Fuel Subsidy Removal: Labour Leaders React To Tinubu’s Inaugural Speech
“We shall invest more in our security personnel, and this means more than an increase in number. We shall provide, better training, equipment, pay and firepower.”
We’ll target higher GDP growth
On the economy, Tinubu said he will target a higher GDP growth and to significantly reduce unemployment.
“We intend to accomplish this by taking the following steps: First, budgetary reform stimulating the economy without engendering inflation will be instituted.
“Second, industrial policy will utilize the full range of fiscal measures to promote domestic manufacturing and lessen import dependency.
“Third, electricity will become more accessible and affordable to businesses and homes alike. Power generation should nearly double and transmission and distribution networks improved. We will encourage states to develop local sources as well.
“I have a message for our investors, local and foreign: our government shall review all their complaints about multiple taxation and various anti-investment inhibitions.
“We shall ensure that investors and foreign businesses repatriate their hard earned dividends and profits home,” he said.
We’ll create agricultural hubs across nation
Tinubu said rural incomes shall be secured by commodity exchange boards guaranteeing minimal prices for certain crops and animal products, adding that “A nationwide programme for storage and other facilities to reduce spoilage and waste will be undertaken.
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“Agricultural hubs will be created throughout the nation to increase production and engage in value-added processing. The livestock sector will be introduced to best modern practices and steps taken to minimize the perennial conflict over land and water resources in this sector.
“Through these actions, food shall be made more abundant yet less costly. Farmers shall earn more while the average Nigerian pays less.”
Monetary policy needs thorough housecleaning
President Tinubu noted that the monetary policy needs thorough housecleaning, saying the Central Bank must work towards a unified exchange rate.
“This will direct funds away from arbitrage into meaningful investment in the plant, equipment and jobs that power the real economy.
“Interest rates need to be reduced to increase investment and consumer purchasing in ways that sustain the economy at a higher level.
“Whatever merits it had in concept, the currency swap was too harshly applied by the CBN given the number of unbanked Nigerians. The policy shall be reviewed. In the meantime, my administration will treat both currencies as legal tender,” he said.
Our foreign policy objective is peace, stability
Tinubu said, “Given the world in which we reside, please permit a few comments regarding foreign policy.
“The crisis in Sudan and the turn from democracy by several nations in our immediate neighbourhood are of pressing concern.
“As such, my primary foreign policy objective must be the peace and stability of the West African subregion and the African continent. We shall work with ECOWAS, the AU and willing partners in the international community to end extant conflicts and to resolve new ones.
“As we contain threats to peace, we shall also retool our foreign policy to more actively lead the regional and continental quest for collective prosperity.”
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US Lifts Restrictions On Visa Validity For Ghanaians, Leaves Nigeria’s Unchanged

The United States has restored the maximum validity periods for all categories of nonimmigrant visas for Ghanaian nationals following Ghana’s agreement to accept West African deportees, but similar restrictions for Nigerians remain in place.
The B1/B2 visitor visa is now valid for up to five years, with multiple entries allowed, while the F1 student visa’s maximum validity has been restored to four years, with multiple entries permitted.
“The U.S. Embassy is pleased to announce that the maximum validity periods for all categories of nonimmigrant visas for Ghanaians have been restored to their previous lengths. The maximum validity allowed for the B1/B2 visitor visa is again five years, multiple entry. The maximum validity for the F1 student visa is again four years, multiple entry,” the U.S. Embassy announced in a tweet on Saturday.”
Ghana’s Foreign Minister, Samuel Ablakwa, also announced in a tweet that the new policy now allows citizens to apply for five-year multiple-entry visas.
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Ablakwa also stated that the reversal of the restriction comes with other enhanced consular privileges, adding that the development was the result of months of diplomatic engagement.
“The U.S. visa restriction imposed on Ghana has been reversed. Ghanaians can now be eligible for five-year multiple-entry visas and other enhanced consular privileges,” Ablakwa stated.
“This good news was directly communicated to me by U.S. Under Secretary of State for Political Affairs, Allison Hooker, at a bilateral meeting earlier today, in the margins of the UN General Assembly. I am really pleased that months of high-level diplomatic negotiations have led to a successful outcome.”
These changes reverse earlier restrictions imposed under the Trump administration, which had limited most visas to single-entry and a three-month validity period.
READ ALSO:H-1B Visas: Trump To Impose $100,000 Annual Fee For Skilled Foreign Workers
The restrictions affected several African countries, including Ghana and Nigeria, and were based on concerns over visa reciprocity and the acceptance of deported migrants.
In July, the U.S. Consulate in Nigeria announced updates to its reciprocal nonimmigrant visa policy, stating: “The United States Department of State has announced updates to its reciprocal non-immigrant visa policy, impacting several countries, including Nigeria. Effective immediately, most non-immigrant and non-diplomatic visas issued to citizens of Nigeria will be single-entry visas with a three-month validity period.
“Those U.S. non-immigrant visas issued prior to July 8, 2025, will retain their status and validity. We wish to underscore that, as is standard globally, visa reciprocity is a continuous process and is subject to review and change at any time, such as increasing or decreasing permitted entries and duration of validity. You can view the latest information on visa reciprocity schedules for all countries at travel.state.gov.”
Reports indicate that the U.S. pressured some African nations to accept deported migrants, including Venezuelan detainees from U.S. prisons.
READ ALSO:US Defends New Social Media Vetting For Nigerian Visa Applicants
Nigerian Foreign Minister Yusuf Tuggar rejected these pressures, stating that Nigeria would not serve as a “dumping ground” for deportees.
“It would be difficult for countries like Nigeria to accept Venezuelan prisoners into Nigeria,” Tuggar said during a televised interview.
“We have enough problems of our own; we cannot accept Venezuelan deportees to Nigeria. We already have 230 million people.”
Meanwhile, Ghanaian President John Mahama confirmed that Ghana had begun accepting deported West African nationals after U.S. requests.
“We were approached by the U.S. to accept third-party nationals who were being removed from the U.S., and we agreed with them that West African nationals were acceptable,” Mahama said.
“All our fellow West African nationals don’t need visas to come to our country.”
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UK Nursery Worker Jailed For Abusing 21 Babies

A judge on Friday jailed a nursery worker for eight years for a string of “gratuitous” and “sadistic” attacks on babies.
In one incident, Londoner Roksana Lecka, 22, kicked a little boy in the face several times.
Lecka, who blamed cannabis for her crimes, admitted seven counts of cruelty to a person under the age of 16 and was convicted after a trial of another 14 counts.
Sentencing her for attacks on 21 babies, Judge Sarah Plaschkes said she had committed “multiple acts of gratuitous violence” at two London nurseries where she worked.
“You pinched, slapped, punched, smacked and kicked them. You pulled their ears, hair and their toes. You toppled children headfirst into cots,” she said.
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“Often the child would be quietly and happily minding its own business before you deliberately inflicted pain… Your criminal conduct can properly be characterised as sadistic,” she added.
Lecka’s cruelty was revealed in June 2024 after she was seen pinching a number of children.
Police were called in and found multiple incidents recorded on the nursery CCTV.
Victim impact statements submitted to London’s Kingston Crown Court from parents of Lecka’s victims told how they were left heartbroken and guilt-stricken by the attacks.
“These children were so innocent and vulnerable,” one mother told the court.
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“They couldn’t speak, they couldn’t defend themselves and they couldn’t tell us as parents that something had happened to them,” she added.
“They were totally helpless and Roksana preyed upon them.”
The hearing was told that she had apologised to the parents in a letter to the court in which she said cannabis had turned her into a different person.
She had been addicted to the drug around the time of the offences, but had not told the nursery.
She was found not guilty of three further counts of child cruelty.
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Italy Fines Six Oil Firms $1bn Fine For Restricting Competition

Italy’s antitrust regulator said Friday it has slapped Italian energy giant Eni and five other companies with fines totalling more than 936 million euros ($1.1 billion) for “restricting competition” in the sale of fuel.
The authority said in a statement that Eni, Esso, Ip, Q8, Saras and Tamoil “coordinated to set the value of the bio component factored into fuel prices”, which tripled between 2019 and 2023.
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A probe following a whistleblower’s complaint revealed that “the companies implemented parallel price increases — largely coinciding — which were driven by direct or indirect information exchanges among them”, the authority said.
“The cartel began on 1 January 2020 and continued until 30 June 2023,” it added.
AFP
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