President Tinubu has promised to race against time in producing a simplified fiscal and tax policy that will ensure businesses thrive across the country.
The President stated this during his maiden address of the New Year to the nation on January 1, 2024. The President noted that his message on all his international travels has been the hospitability of Nigeria to businesses and investors.
Speaking further, President Tinubu unveiled his plan for agriculture which is already in motion with the commencement of the dry season farming in Jigawa and plans to grow crops such as maize, millet, rice, wheat etc on 500,000 hectares of farmlands in the country. This the President explained are measures to ensure food security in the country.
Food inflation currently stands at 32.84% even with the President’s declaration of state of emergency on food security in July
He stated, “To ensure constant food supply, security and affordability, we will step up our plan to cultivate 500,000 hectares of farmlands across the country to grow maize, rice, wheat, millet and other staple crops. We launched the dry season farming with 120,000 hectares of land in Jigawa State last November under our National Wheat Development Programme.”
