Tag: Renewed Hope
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Tinubu’s Minister, contractors in trouble over Renewed Hope estate project
The House of Representatives has invited the Minister of Urban Development and Regional Planning over poor implementation of the Renewed Hope Estate Project in Uyo, Akwa-Ibom State.
The House of Representatives also invited the four contractors handling the project to appear on November 21.
The invitation was contained in a statement by Rep. Awaji-Inombek Abiante, the chairman of the Committee on Urban Development and Regional Planning on Sunday in Abuja.
According to Abiante, it will expose the committee to the challenges and limitations propelling the current unsatisfactory level of the project implementation.
The lawmaker, who led other members of the committee to inspect the projects, stressed the need to engage competent contractors to ensure proper implementation of the project.
He decried the poor job done on the Umu Etuk-Spencer Esin slum upgrade road network in Oron in the state, while condemning the level of implementation of the 250 housing units in Uyo.
He said that in spite of being funded up to 30 per cent each by the Ministry of Housing and Urban Development, the work done so far was less than six percent.
Abiante added that the project, which was awarded in June 2024, ought to have been completed since September 2024.
He stressed the need for the Minister of Housing and Urban Development, Ahmed Dangiwa, to engage experienced contractors in the implementation of federal projects.
He called for a total reconstruction of the Umu Etuk-Spencer Esin road slum upgrade.
“The contractor that handled the Oron road project succeeded in wasting funds allocated to it on substandard materials.
“As you can see, the deplorable state of a road newly constructed in July aiming to ameliorate the sufferings of the people living in this region.
“The committee is not happy with this situation.
“The three contractors handling the project have intentions to sabotage the efforts of the renewed hope housing scheme of the President Bola Tinubu-led administration,” he said.
He gave the names of the contractors as Springwell Intercontinental Resources, Tunsoye Trust Global Link, and Hyosungs Nigeria Limited.
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“Renewed Hope”, Failing Expectations – By Chidi Amuta
Politics is in many ways like religion. It thrives on a foolish expectation of paradise perennially approaching but forever elusive. Take away the promise and prospect of eventual heaven and paradise and all religion falls flat. You dare not tell a devotee that heaven may not come or that the promised virgins may not be delivered as promised!
Politicians on their part are the eternal purveyors of an earthly paradise. The promised land of every political manifesto is a sort of fulfilled state, an ideal of the nation state only imagined by John Jacques Rousseau, Thomas Hobbes and John Locke. It is a place where all the yearnings, desires wishes and needs of the ideal citizenry are met by an ever compassionate state ruled by good men and women. That is why every political realm quickly finds a slogan for its own definition of heaven on earth. Every active party man or woman is somehow an apostle of a new faith carrying the pocket book of a new theology, ready to recite you the catechism of the new Jerusalem.
The arrival time of a political paradise used to be long. It is now shorter because the electorate have become inpatient in a digital sense. People now want the fulfillment of political promises in real time which means almost instantly. Forget the election cycle. Forget the generational vision and legacy crap. Bring us the goodies now now! Palliative rice and Indomie Noodles for all now. Helicopter cash transfers for millions right away. Money for one good pot of soup for today in exchange for our votes today. Keep your highways and flyovers for later. Give us ‘stomach infrastructure’ now now!.
Even religious paradise has shortened its delivery and expectation time. Paradise is no longer only for the patient. Now, new generation pastors and transactional gospellers fast track things somehow. Prosperity and abundance of wealth must come now now! The microwave has entered the world of miracles and divine expectations. Youtube gathers the flock in one place at the push of a button on the keyboard and spreads the gospel worldwide while those at the receiving end just click and collect in millions of dollars. Instant salvation. Immediate paradise and gratification delivered via your bank account!
In today’s Nigeria, President Tinubu and his APC friends are the merchants of the new wonder product called the “Renewed Hope Agenda”. It is the hope of an abundance of life and goodness to be delivered by the Tinubu government in the fullness of its time. We are told that the “Renewed Hope” Franchise belongs to the APC as a party. But the party manifesto makes no mention of this ‘renewed hope’ agenda. We are not told what it is. No one has yet unwrapped the package. Party people and regime friends just talk glibly about it. At other times, the ‘renewed hope’ is merely suggested in shy chants when the President is likely to be present. At such occasions, ‘renewed hope’ agenda spontaneously graduates into a song directed at the President: “On your mandate we shall stand…!” Once the President departs the venue, the chant is over, the choir dissolves and disperses into the anonymity of the rented crowd of political jobbers.
When you ask the lead choristers the content of the ‘renewed hope’ they just sang about, you are left empty-handed. No one seems to know what it is all about but everyone is expected to expect it! You ask endlessly from the marketers of the new gospel to be told what this ‘renewed hope’ is all about. There is no document that describes it or itemizes what we as an electorate should expect from this ‘renewed hope’ thing. We are just expected to believe and trudge along. A theology without a creed. Faith in things unseen and unknown!
Every respectable gospel builds an attractive paradise for its followers to aspire to: a garden of respite from our earthly toils, a place where there is no more sorrow, toil or even death. Every common person shall summon enough courage to look death in the face and ask: “Death, where is thy sting?” Believers shall play and enjoy endlessly. Political utopias are similarly constructed as a combination of imagination and the wishful thinking of hapless voters. Since we are supposed to look forward to the arrival of “renewed hope” as a political utopia and kingdom, one should expect to learn its outlines. How many poor housing units will be delivered per state by ‘renewed hope’? How many new classrooms? How many new health centres? How many free bus rides to and from work? Will there be free food at feeding centres? Will public schools be free of charge for the poor? Will bandits disappear from our highways? Will there be special prisons for kidnappers? Just what goodness will descend on us all courtesy of the “Renewed Hope Agenda?” Mr. “Renewed Hope”, when shall be taste the next good soup?
In the absence of any of these concrete ‘better life’ prospects, to just promise us ‘renewed hope’ as a source of universal sweetness is somewhat suspicious and even fraudulent. Hope is not a place of succor. Hope is not a policy. It is not measurable Hope is not a destination of goodness nor is it a policy. Hope is a never never land, an empty longing for things unseen and untouchable. Hope is a dream, a promise, a delusion of emptiness to feed the minds of the ignorant and foolish mob.
Every serious APC follower is now a “Renewed Hope Agenda” disciple and marketer.. The prime pontiffs are very loquacious, enviable and considerably wealthy citizens placed in strategic gate -keeper locations in the present order. Mr. Godswill Akpabio is Senate President with one of the longest convoys around. Mr. Nyesom Wike is Minister of the Federal Capital Territory with a fleet of demolition bulldozers at his beck and call. Mr. Dave Umahi is Minister of Works with Alaskan highway projects that literally traverse the entire length of the country. My former friend Dele Alake has been catapulted from near destitute joblessness to Minister of Solid Minerals negotiating mining rights with Chinese mineral thieves and bandits all over the country. A man who looks permanently surprised and always clad in oversize suits in Minister of Finance. In turn, Mr. Nuhu Ribadu is National Security Adviser who seems lately to be jostling for the job of minister of information by constantly singing the praise of the president at every stop. He was recently quoted as advocating national prayers to help chase away squads of bandits tormenting him and his men in waves of insecurity.
The better informed apostles of “Renewed Hope” have enough common sense to direct you to the policies of the Tinubu administration. We are told that the hardship spinoffs of the present policies are the vehicles of the “Renewed Hope Agenda”. The higher fuel prices, the astronomical exchange rates, the endless multiple taxes, the bandits and killers at every road junction and the high costs of basic food and sustenance items are meant to prepare us for life in the land of renewed hope. The few Nigerians who survive these hard times will be the ‘strong breed’ that will inhabit the place of ‘renewed hop’.
There may even be a religious angle to it all. Maybe after this period of famine and suffering shall follow a season of endless plenty! By a flip of divine intervention, all these agonies and suffering shall somehow end in praise. This may be the reason why recently, there was a rumoured plan to hold a nationwide prayer festival for divine intervention to alleviate the suffering in the land and turn it all into plenty, abundance and praise.
No one can say convincingly that the president does not love Nigeria. He is working on the job he applied for. While we cannot deny the prevalence of hardship all over the land, there is also a need to acknowledge that this government has been quite busy doing the ordinary things that governments in these parts do.
Meetings are being held in Abuja every day on virtually every subject under the sun. The President has been setting up committees of all hues to seek for solutions to our economic problems as they rear their heads. The big men and women of officialdom are perennially on the move in and around the country attending to busy schedules, arriving in very large shiny black SUVs carrying the same files that their predecessors clutched before they were recently sacked. The communiqués summarizing the results of the meetings are sometimes issued before the meetings take place!
Undeniably, some things have been achieved under this ‘ “Renewed Hope Agenda’ regime. We have reverted to the 1960 national anthem from the new one. We even got the entire National Assembly to convert into a choir that learnt and sang the old “new” anthem with microwave speed. The president has acquired a fresh ‘tokunbo’ luxury jet for his many trips abroad. In less than 18 months into his tenure, President Tinubu has thrown out half a dozen of his lack lustre ministers and replaced them with another seven anonymous and even invisible ones. Hardly any day passes without the presidency announcing fresh high profile appointments by the president predictably from mostly one corner of the country.
In less than 18 months in office, this president has clocked more air miles than his predecessors even in the absence of a definite foreign policy direction.
On matters of hardship, the government has made noises in the direction of alleviating high food prices. Bags of rice and other grains have been ferried around the country to alleviate hunger but the masses still deny that they saw any rice. A few ministers and government big people have since set up rice warehouses and shops which are now doing lucrative business.
In some rice and palliative distribution centres, those who went out to scramble for rice and noodles to feed their families have ended up returning in body bags. The lucky ones returned with broken skulls from the scramble only to be told by the First Aid hospitals that basic medications are “out of stock”. Wise people no longer troop out to scramble for palliative rice or cash from big men. Please avoid dangerous rice and bad cash!
A plan to import food items at reduced tariffs is expected to begin yielding fruits soon. But the exchange rate of the Naira to the dollar to pay for the food import has worsened since the policy was announced. Worse still, the Central Bsnk has since jacked up interest rates so high that those who borrowed money to import low duty food items to fight hunger are themselves held to ransom by the banks. As a result, the envisaged relief of the imported food will be wiped off by the exchange rate and high interest rates.
In the interim, hapless and impoverished citizens are being constantly enjoined to await the coming of the Tinubu “Renewed Hope” kingdom.
In recent weeks, APC pundits and chieftains have been trumpeting that things are getting better. For them, the ‘renewed hope’ agenda has begun to yield fruits. Tinubu is now “performing” even in the absence of any supporting data. Tinubu is just happening in spite of worsening inflation, more depressing living costs and worsening insecurity.
While the chosen few of the APC high priesthood are wallowing in opulent excess, the chorus out on the streets in all parts of the nation is a desperate cry of anguish . People are asking when and how the nation can get out of the present excruciating hardship. “Renewed Hope Agenda” is fast turning into an anthem of paradise for a few chosen apostles and a dirge or requiem for the majority. Yet the dominant discourse and question out on the streets is an open question: when will the economy improve?
In politics, the approach of good times is signaled by the approach of the next election. As we inch towards 2027, there is bound to be an increase in the number of APC party faithful chanting the success of Tinubu’s policies. A great deal of these chants are based on political impulse rather than verifiable indicators in reality. Tinubu came to power with petrol pump price at less than N200. Renewed Hope agenda has hiked it to over N1,000. The Naira was exchanging for less than N500 to the dollar when Tinubu was sworn in last May. It is now hovering at over N1,700. Same degree of astronomical increases apply to electricity tariff, the cost of every food item, basic drugs, cost of ground transportation, domestic and international air fares.
Something new crept in from the recent campaigns of the American presidential election. Let us call it the Optimism Index. Simply put, it measures the degree to which the citizenry are optimistic that the nation is going in the right direction. Throughout the length and breadth of the country, you hardly encounter any one who is ready to risk asserting that any aspect of life in today’s Nigeria is going in the right direction. The readiest response of people to government is a torrent of curses and abuses. It has become so bad that important traditional rulers ands religious leaders have appealed to citizens to stop cursing the nation’s leaders. The Ooni of Ife a fortnight ago appealed to citizens to desist from cursing our leaders. The Sultan of Sokoto followed the same pattern of appeal. Some religious leaders have sent out the same appeal.
We cannot content ourselves with either a sea of curses and abuses or a baseless insistence on progress with ‘renewed hope agenda’. Those interested in knowing when the economy will improve need to take a closer look at what has befallen us in just a little over a year of this ‘renewed hope’ administration. In principle, a reform policy is all well and good. No serious country can go on the way we have been. You could not sustain an economy on subsidies in most important sectors. But at the same time, no sensible government can afford to take off all of subsidies in so many diverse areas of essential goods and services simultaneously. To take off all subsidies at once and increase taxes, rates, tariffs and charges on everything essential at once is like declaring a war on all the people. If they cannot protest and revolt, they will live a life of perennial curses on those who rule them.
I do not belong among those who insist that the “Renewed Hope Agenda” cannot and will not yid recovery and goodness. But our present hardship did not come as a result of divine punishment. It is man made. It is the result of a reckless combination of thoughtless reflexes mistaken for policies. Any group of people who casually inflict this untidy cocktail of harsh measures on the same people within such a short space of time in the name of governance need to have their identity and sanity double checked.
Maybe, INEC should incorporate comprehensive mental health screening as part of the qualification for electoral offices.
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SAP, Renewed Hope and the lessons of history – By Etim Etim
By ETIM ETIM
Karl Marx once told us that history repeats itself, first as a tragedy and second as a farce. George Santanya put it differently. ‘’Those who cannot remember the past are condemned to repeat it’’. Does history repeat itself in Nigeria? Let’s examine recent developments. General Ibrahim Babangida came to power in August 1985 and in 1986, he launched an ambitious economic policy known as Structural Adjustment Programme (SAP). The core thrust of SAP was to diversify the economy away from hydrocarbon; create an industrial base that relies on domestic raw materials; deregulate the economy and liberalize the foreign exchange market. Privatization and commercialization were also integral its integral component.
At the first auction of the dollar at the newly introduced foreign exchange market (FEM) late 1986, the Naira plummeted from 0.8 Naira to the dollar to N4.0 to the dollar. It was the first official devaluation of the Nigerian currency since it was introduced and adopted as our legal tender on January 1, 1973. The steady depreciation of the Naira against the dollar and other major international currencies under SAP brought considerable hardships to businesses and the people, just as we have today. Raw materials and manufacturing inputs became too expensive to import, leading to factory closures; massive layoffs and departures of foreign-owned companies. Notable foreign businesses like Pfizer; Hoechst AG and the Dutch electronics giant, Philips left the country, similar to what’s going on now.
Nigerians were groaning as SAP bit harder and harder and there were complaints and grumblings all over the country, just as today, as local businesses were closing in droves. Meanwhile, the military top brass in government continuously asked people to bear with the government, make sacrifices and tighten their belts, but at the same time, they were wallowing in comfort and luxury. In 1989, violent riots broke out spontaneously in Lagos, Ibadan and some parts of the country.
Tagged ‘’SAP riots’’, the protests spread rapidly, but there were no known organizers or leaders. There was no social media then; but words moved around quickly through the whisper network.
Suddenly, a huge rumour emerged that Ebony magazine, the American celebrity magazine, had published an interview with Dr. Tai Solarin in which the social critic and human rights crusader had reportedly divulged that huge amount of dollars had been found in General Babangida’s foreign account. Nigerians rushed and bought off copies of the magazines, but it turned out that there was no such interview in it.
The military government went into an overdrive, trying to manage the crisis. The government reached out to the editors of the publication in Illinois, Chicago, and convinced them to issue a disclaimer. The magazine obliged, stating categorically that no such interview was carried. But the damage has been done. Mind you, Ebony has before then been enjoying generous advertising support from the government. Founded in November, 1945, Ebony focuses on chronicling and promoting the life and contributions of African Americans in the US. It used to be very popular in Nigeria, together with Time and Newsweek. It is an incredible turn of events that these magazines are no longer circulating in Nigeria due to the foreign exchange crisis which started with SAP.
The Babangida regime was rattled by SAP riots, just as the Tinubu administration was unsettled by the recent protests tagged ‘’End Bad Governance Protests’’. The following year (1990), there was a bloody military coup attempt to decapitate the IBB junta, hastening the movement of the nation’s capital to Abuja in 1991. Now, what are the striking similarities between the two epochs and what historical lessons can we draw?
First: The technocrats in the SAP era persistently assured us that the programme was the only panacea Nigeria had. ‘’There is no alternative to SAP’’ was the common refrain. IBB’s first Finance Minister, Dr. Idika Kalu Idika, who was later succeeded by Dr. SP Chu Okongwu, was an ardent SAP advocate. Both were Ivy League-trained economists and IMF and World Bank-honed technocrats. They preached and believed in the wonders of neoliberal economic theories. Complementing their efforts was Chief Olu Falae, who was the Secretary to the Military Government. A Yale alumnus, he was also an unrepentant SAP apostle. Together, they sold SAP to Nigerians like proselytizing clergies, telling us that SAP would work. They asked Nigerians to continue to make sacrifices, bore the pains and tightened their belts. Today, the two main technocrats in the Tinubu administration, Wale Edun and Yemi Cardoso as well as other professionals are busy assuring us that the Renewed Hope hardships would soon fade away, to give way to an era of economic boom. I don’t know if anybody believes them, but selling hope is always the easiest part of governance in this country, and more often than not, the technocrats are the major salesmen.
Second: Just as IBB, the Tinubu administration is bent on pushing through his agenda, no matter the agonies. The withdrawal of fuel subsidy and the massive depreciation of the Naira by last year have wrought the severest economic crisis this country have ever seen. In his eight-year rule, IBB withdrew fuel subsidy three times, (there were calls for ‘’SAP to have a human face’’), but the hunger, desperation and despondency in the population were not this brutal. Or is my memory failing me?
Third: This is not the first time there’ve been exodus of foreign firms from the country due to economic meltdown. By the very nature of their operations, these foreign businesses rely solely on imported raw materials, imported packages and imported inputs – without the slightest effort at backward integration – to conduct their businesses in Nigeria. To that extent, they are prone to serious exchange rate risks that crystallize whenever there are some external shocks in the economy. They are not here to stay because they are fair weather friends (assuming you can even call them friends). It’s therefore not a surprise that they’re taking off again. I’m rather surprised that Nigerian investors are not moving quickly to take their places.
Four: As SAP bit harder and harder, IBB was spending heavily and lavishly to maintain his stay in office. But in those days, the official vehicle of the Head of State was Peugeot 504 salon car! I don’t know what they drive these days, but with recent acquisitions, President Tinubu is indulging in the most lavish lifestyle unseen since 1999. New presidential aircraft; new presidential limousines; new residence for the Vice President, frequent foreign medical trips, etc; and the citizens are told to keep sacrificing!
Looking back, historians believe that SAP would have succeeded but for the pervasive corruption of that era. What will they write about Renewed Hope?
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Senate seeks inclusion of Mambilla Hydroelectric Power Project in renewed hope funding
The Senate hon Thursday sought the inclusion of the Mambila Hydroelectric Power Project in the Renewed Hope funding.
It equally urged its committee on Finance and Appropriation to liaise with the Ministry of Finance to ensure the funding of the project.
The upper chamber’s resolution was sequel to a motion sponsored by Sen. Haruna Manu (Taraba) during plenary.
The motion is titled: “Urgent Need to Address the Challenges of Commencing the Mambila Hydroelectric Power Project.
Moving the motion, Manu noted that the Federal Government through the Federal Ministry of Power signed a contract with a consortium of Chinese comprising CGGC, SHC and CGOC in 2017.
“This is to construct a 3050mw hydroelectric project known as the Mambilla Electric Power Project in Taraba at the sum of $5.792 billion”.
He noted that the Federal Executive Council (FEC) of the Buhari administration approved the said contract with an agreed Joint Venture funding structure of 85 per cent from the Chinese consortium and 15 per cent from the Federal Government of Nigeria.
“This is as counterpart funding for the entire project with a 72 months construction period.
“The project has great benefits for local content in the area of human capital development, including the creation of over 55,000 jobs, constriction of resettlement homes for over 100,000 people”.
“The decades of efforts toward the take-off of this national economic asset have been ongoing including that from north-east governors to place the project in implementation mode.”
He expressed worry that the volume of contradictory information about the project may hinder the actualisation of the good objectives and the benefits it brings to the good people of Nigeria.
Contributing, Sen. Victor Umeh (LP-Anambra) said that the project should be given national priority.
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What we are doing to ensure prosperity in Nigeria – Tinubu
President Bola Tinubu says his administration will not stop working tirelessly to revamp the nation’s economy and create viable opportunities for young people to meaningfully participate in an inclusive, labour-intensive economy where businesses can thrive.
Tinubu stated this at the State House in Marina, Lagos State, on Wednesday, during a town-hall meeting with traditional rulers, chairpersons of Local Governments and Local Council Development Areas (LCDAs) and other political-office holders in the state.
According to the President, Nigeria, under his Renewed Hope Administration, is undergoing a process of financial re-engineering.
He appealed to citizens to be patient and supportive of the ongoing reforms which are bound to transform the economy for the better.
”The financial re-engineering of our country is ongoing. We are determined to deliver Nigeria safely through the tunnel of hope, stability, and economic prosperity.
”Nigeria is in good hands. The team is working, and we will work hard to give you the best economy and the best opportunities that you can imagine,” the President said.
Acknowledging the concerns raised at the meeting, the President explained that the complexities of state matters have limited his opportunities to frequently interact with some of his long-time friends and constituents in Lagos.
”For those having difficulty seeing me, kindly note that this job is monumental. It is not a one-man job. It is a collective task, and you have to be able to listen, decipher, tolerate, and sometimes what you do not expect will happen.
“As I was getting ready this morning to come here, news of the death of Governor Rotimi Akeredeolu of Ondo came in, as well as the passing of former Speaker of the House of Representatives, Ghali Umar Na’Abba.
“Power is transient. Only Almighty Allah gives power, and only him will take it.
“There is the value of life and the goodness in what we do. The salt of goodness is a multiplier of other good things that we must cherish. Not necessarily for us, but for our children and grandchildren,” the President said.
Reflecting on his tenure as the Executive Governor of Lagos State, the President recounted the challenges faced and the successes achieved at the time.
“‘To turn the ship around from cascading into turbulence and making it work was not easy.
“But we went through it, and today, Lagos still remains the most viable state in the Federal Republic of Nigeria, and it will continue on the path of glory. I thank you all,’’ he said.
In his speech, Gov. Babajide Sanwo-Olu of Lagos state, thanked Tinubu for his leadership and for being the pathfinder of “the modern Lagos State”.
”The legacy and blueprint that you created more than 20 years ago and bequeathed to us is still a working and living document that will continue to guide us in delivering quality service to the people,” the Governor said.
In his remarks, Oba Kabiru Shotobi, the Ayangburen of Ikorodu Kingdom, called for a constitutional amendment that recognizes the role of traditional rulers.
”We have come to reiterate our loyalty to the President. We have absolute confidence in your capacity. Under your leadership, we expect Nigeria to attain the most enviable economic status in the comity of nations,” he said.
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‘Renewed Hope’ Initiative will bring relief to many families – Remi Tinubu
Nigeria’s First Lady, Senator Oluremi Tinubu, has promised that she will soon bring on board the Renewed Hope Initiative of her office, saying it will succour and indeed relief to many families when the programme starts fully.
Senator Tinubu who also doubles as the National Chairman of the Renewed Hope Initiative, revealed her plans after the second meeting of the Governing Board of the Initiative held at her office at the Aso Rock Villa in Abuja on Friday.
The ‘Renewed Hope’ initiative was made known via a statement on Friday in Abuja by the First Lady media aide, Busola Kukoyi.
The First Lady was quoted as saying that all modalities have been put in place to ensure a smooth take-off of the project across the 36 states of the federation and the FCT.
Senator Oluremi Tinubu explained that the various states and local governments will be involved as the project is an all-inclusive for the federation.
She pointed out the focal areas of the project to include Agriculture, Health, Education, Social Investment and Economic Empowerment.
To this end, she noted that there would be a meeting with the wives of all state governors on Friday, July 14, 2023 where the modalities for the successful implementation of the project would be made public.
In her remarks after the meeting, which was held behind closed-doors, wife of the vice president of the federation, who is also the National Vice Chairman of the Initiative, Hajiya Nana Shettima, expressed the excitement of the governing board at the project, noting that Nigerians were in for better times to complement the Federal Government’s efforts.
Similarly, the National Secretary of the Initiative, Chioma Uzodinma, said the initiative will ride on the wings of collaborative efforts from all sectors to enhance the lives of the ordinary Nigerians.