Wednesday, August 12, 2026

In New Year’s national address, Tinubu promises new national wage, closing inequality gaps

The president admitted that 2023 was a “very challenging year” but claimed that the presidential election that produced him was “peaceful and orderly.”

• January 1, 2024
President Bola Tinubu (Credit: Bola Tinubu)
President Bola Tinubu (Credit: Bola Tinubu)

In his New Year nationwide address aired on January 1, 2024, President Bola Tinubu promised Nigerians a new lease of life, assuring them he is not oblivious to their untold hardships.

“We will work diligently,” Mr Tinubu said, to ensure every Nigerian feels their government’s impact. He warned his appointees that “there is no excuse for poor performance.”

The Nigerian leader pledged that his government would implement “a new national living wage for industrious workers.”

“It gives me immense pleasure to welcome all of you to a brand new year, 2024,” Mr Tinubu told Nigerians in the national broadcast.

The president admitted that 2023 was a “very challenging year” but claimed that the presidential election that produced him was “peaceful and orderly.”

He insisted that the “gracious people of Nigeria” trusted in him, and he ran for president to build a better nation.

According to him, “every trip” and action he had taken since assuming office has been done in our country’s best interest and made a difficult decision to save Nigeria from fiscal catastrophe.

“The subsidy has been an unsustainable financial burden on Nigeria,” he reiterated, noting that the previous forex regime only benefitted a few powerful Nigerians.

Mr Tinubu said he was aware of conversations and debates centring on inflation and living costs.

“I hear the groans of Nigerians who work hard to care for their families,” he stated, adding that he was not oblivious to their problems.

He urged Nigerians to be patient and resilient, stressing that “the time may be tough and rough, but take it from me: tough times never last.”

Mr Tinubu also admitted that his government had been unable to rein in insecurity across Nigeria.

“We can’t beat our chests,” the president said about solving all insecurity challenges.

He disclosed that the country was working with Siemens to ensure a regular electricity supply and further promote business competitiveness.

Mr Tinubu promised to close the widening gaps in inequality in Nigeria.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Image used to illustrate the story

Hot news Home top

Countries which deported Nigerians over failed asylum claims, criminal convictions, immigration violations this year

Mr Ebienfa urged Nigerians living abroad to obey the rules and regulations of their host countries.

Courtroom

States

Police arraign man over alleged theft of eight refrigerators from Niger hotel

Mr Abiodun said that during investigation, five of the refrigerators were recovered from the suspect

Fadahunsi and the NHRC logo

Heading 1

NHRC asks Senate to suspend Fadahunsi over inciting comment on Osun poll

The agency emphasised that every eligible Nigerian has the right to participate in an election, vote and support the political party of their choice.

Zhu Rongji

Heading 5

Ex-Chinese premier Zhu Rongji dies at 97

Mr Zhu is survived by his wife and two children, Yanlai and Yunlai Zhu.

Ayra Starr’s mother promotes ‘Starr Girl’

Showbiz

Ayra Starr’s mother promotes ‘Starr Girl’ album on Lagos streets

The placards bore messages such as “Stargirl album out on the 14th of August” as the women promoted the forthcoming project on the streets.

An image showing Guma LG on the Benue State map.

States

Benue LG chairman donates 51 bikes to village head to strengthen security

The chairman said that the donation formed part of his administration’s broader efforts to strengthen security and restore peace across the 10 council wards.