President Bola Ahmed Tinubu has assured Nigerians that the current economic realities are only temporary setbacks that will produce long-term, enduring benefits. The President made the assertion at this year’s annual national conference of the Nigerian Institute of Management (NIM) in Port Harcourt, the Rivers State capital.
The President, who was represented by the Head of Civil Service of the Federation (HoCSF), Mrs. Didi Walson-Jack, noted that the security of life and property remained essential for development.
The President restated his administration’s commitment to tackling the country’s economic and security challenges, emphasising the intricate link between the two.
He said: “All of us in this gathering would agree that economic stability is not solely an economic issue; it has direct correlation with national security.
“…Security is the cornerstone of national prosperity. A secure environment is a prerequisite for economic activities to flourish.
“Economic stability is best experienced in times of peace as no nation prospers in a state of chaos. However, Nigeria faces a host of security challenges, including terrorism, banditry, kidnapping, and communal clashes.
“These issues do not only threaten our physical safety but also stifle economic development, deter foreign investment, and inhibit our efforts to achieve a stable economy.
“It is imperative that we adopt a multifaceted approach to both economic and security challenges. We must enhance our intelligence capabilities, strengthen community policing, and ensure that our security forces are adequately equipped.
“Moreover, addressing the root causes of insecurity, such as poverty, unemployment, and inadequate education, is essential to ensuring lasting peace.
“As we contemplate the way forward, I urge all of you – leaders, managers, and professionals – to foster collaboration across sectors. We need to create platforms for dialogue between the public and private sectors.
“Together, we can harness our collective expertise to develop robust policies that will stimulate economic growth while ensuring the safety and security of our citizens.”
