The National Council of State has passed a vote of confidence on President Bola Ahmed Tinubu and his administration, commending Nigerians for resisting unconstitutional change of government under the guise of protest.
Minister of Solid Minerals Development Dele Alake said this Tuesday while briefing State House Correspondents after four hours of the Council’s meeting at the State House Abuja.
Alake disclosed that the meeting, which was attended physically by former Presidents Muhammadu Buhari and Goodluck Jonathan, also had former Heads of State Yakubu Gowon and Abdulsalam Abubakar, joining virtually.
He further revealed that seven cabinet members of President Tinubu made individual presentations on roadmaps, prospects and challenges, adding that areas of diversification of the Nigerian economy were prioritised in the presentations.
“As you all are aware, the Council of State just concluded its meeting with all the former heads of state in attendance, physically or virtually.
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“The last count, I think most of them were there. General Buhari and President Goodluck Jonathan were there physically, and the rest were there virtually, via zoom.p
“So, in essence, in principle, all of them were in attendance. And that’s a very eloquent testimony to the kind of support that they are giving to our current president, President Bola Ahmed Tinubu.
“A lot of issues were exhaustively discussed at the meeting. And of course, you know that, apart from the former heads of state, the constitutional composition of the Council of State includes all governors, Security Adviser, Attorney General and the rest. So, the governors were all in attendance as well.
“And some of us, ministers, were invited to make presentations on our road map on what we’ve been able to achieve, the prospects and the challenges in our various ministries. And so, myself, the Solid Minerals, coordinating Minister of the Economy and the finance minister, Mr Wale Edun, were also there to make presentation. The Minister of Budget was also there. He made his presentation. The Minister of Works also made presentation, the Minister of Trade and Investment, Dr Doris, was also there. The Minister of Agriculture also was invited.
“So, these seven of us, ministers, made individual presentations to the Council of State meeting, and our presentations were well received from the feedback that we got immediately after individual presentations.
“And of course, at the end of it, matters of state were discussed, in a robust manner and frank manner. And the National Security Adviser also was on hand to present the security situation of the country.
“And he did inform the Council of State about the pr(e, during and post event of the last protests, which I do not call a protest. I call it a movement to effect a change of regime by force, which was also resisted.
“And so, you know, the council thanked Nigerians at large for resisting any unconstitutional move to change government, if anybody is not satisfied with the government, any current administration, there is always an election coming, so you wait for election and cast your vote.
“So, the NSA briefed the Council on the security situations, and allayed fears all round. So, after the NSA’s briefing, generally, he allayed everybody’s fears and spoke on the tightness of the security around the country, and also reassured all and sundry that nobody will be allowed to truncate our hard-earned democracy.
“Any change of government has to be through the ballots and not through the barrel of the gun or through insurrection or through any other unconstitutional means, only through the ballot box can any government be changed. And he reassured on the security readiness of all security agencies in the country, to secure our territorial integrity and to protect Nigeria’s Democracy,” Alake added.
…Ministers’ presentations
On the presentations, the minister said: “Now the details of the presentation that the ministers did will be too long for you, but succinctly put is just to let the Council of State know the progress being made in each sector of the economy. And the emphasis, of course, by the Renewed Hope Agenda, is on economic diversification. And that’s why I was there. That’s why Agric was there. That’s why all the other ministers you know that constitute the plank of the Renewed Hope Agendas, economic diversification and transformation were there,” he said.
…Governors’ participation
Speaking on the participation of his members, Chairman Nigerian Governors’ Forum (NGF) and Kwara state Governor Abdulrazaq Abdulrahman, said the 36 state governors of the Federation unanimously passed a vote of confidence on Tinubu and the activities of his administration in the last 14 months.
He added that frank and fruitful discussions were held and the Council reached a satisfactory conclusion that the administration was on the right track.
“The NGF members unanimously passed vote of confidence on President Bola Ahmed Tinubu; members of the NGF were satisfied by presentations made by members of the Executive cabinet.
“Frank and fruitful discussions were held and the Council concluded that the Nigerian government is on the right track.
“And to say in the same vein, members of the NGF also, like the members of the Council of State, passed a vote of confidence on Mr President. We also wish him well and pray for God, guidance for him,” he said.
…Finance minister
Also speaking, Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, said he reported encouraging progress in the economy under President Tinubu’s leadership, citing data from the first half of 2023
He said the economy was growing with a surplus in the balance of payments, trade balance and current account balance.
He said: “Indeed, as the honourable minister of solid minerals and chairman of the Governors forum and governor of Kwara state have said, we did have the opportunity and the privilege to present to the Council of State, and in particular the former presidents, who turned out in large number to participate, and we had the opportunity to, in my case, update them on the economy, update them on how far progress had been made in terms of the macroeconomic policies being followed under the leadership of President Bola Ahmed Tinubu, and these policies are anchored on his eight priority areas and the results to date have been very encouraging.
“We looked at the data, or we reported on the evidence and the data of this half year for which data was available, compared to the first quarter and the second quarter of 2023. And in broad terms, the economy is growing. The balance of payments, in particular, the trade balance and a current account balance are in surplus.
“The exchange rate is stabilising, and inflation, though high, uncomfortably high for the liking of Mr President and his team, it is slowing and it is set to fall. But in particular, there has been support for the economy from investors, foreign investors, by way of portfolio investors, domestic investors, who are participating in important private public partnerships, particularly infrastructure sector and foreign direct investment, is beginning to recover, I would say so.
“On that basis, we reported on, in particular, the opportunities for the economy once stabilized for investment and growth, and identified for the meeting was the fact that we have exports, goods exports, Non oil exports, at $55 billion last year with tremendous room to grow.
“And in particular, we identified that the service sector, that is software services, computer services, accounting services, personnel services, which can be provided by young Nigerians staying in Nigeria and providing services through the internet and through telephones, outsourcing in a world was a big area we emphasised.
So, in a nutshell, we reported that there was good progress being made that the effort was going to continue to ensure that the interventions and measures to ameliorate the high cost of living for individuals, for the agricultural sector, for industry, for Small Scale businesses, were going to continue to be implemented with all efforts needed for success.
“And on that basis, we reported an optimistic outlook for the Nigerian economy and the Nigerian society in general, as a result of prospects for economic growth and economic progress,” Edun said.