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We’re still retooling financial system to bring prosperity, relief — Tinubu

President Bola Tinubu has again affirmed that Nigeria is going through a tough time, noting that his administration is still retooling and rejigging its financial system to bring prosperity and relief to the people of Nigeria.

He made the assertion on Saturday at the inauguration of engineering infrastructure in Guzape District Lot II in Abuja.

According to a statement by Ajuri Ngelale, Special Adviser to the President (Media & Publicity), while praising the Minister of the Federal Capital Territory (FCT), Nyesom Wike, who he said had “provided exceptional leadership at a trying time for the country,” the president stated: “It has been a very challenging time for us in the country. We are still retooling and rejigging our financial system to bring prosperity and relief to the people of this country.”

He said his administration is prioritizing people-focused development by providing essential infrastructure and amenities that will improve the quality of life for citizens.

President Tinubu told the minister: “You have demonstrated the capacity to build a team, lead a team, and deliver on promises. I commend you, well done.”

Tinubu advised the Guzape community to embrace the idea of compensation for their property rather than resorting to litigation.

He stated that he has no plot in the area but has the mandate of the people to deliver a good quality of life and a living environment.

He added: “To all of you here, to the District Head of Guzape, and the representatives, litigation is not the answer. Compensation is the answer.

“Development that is focused on the people for economic prosperity and benefits is what we should pursue.

“Of what value is a swathe of land that is blocked by hills and rocks, and that is inaccessible? Let us talk to our people and come together to help build Nigeria.”

President Tinubu, who commended the contractor handling the project, Gilmor Engineering Limited, emphasized that his commitment to providing infrastructure across the country is not for personal enrichment or aggrandizement.

“I stand here as President; I do not have a plot of land here (Guzape District). But I have the people’s support and the mandate to deliver a good quality of life and a living environment.

“That should be enough for all of us to share in the joy of commitment, dedication, perseverance, and the little gifts God has endowed us,” Tinubu said.

In his remarks, the Minister of FCT, Nyesom Wike, explained that the contract initially awarded in 2003 at the cost of N14 billion was divided into Lots 1 and 2 to Messrs Dantata & Sawoe Construction Company Nigeria Limited and Messrs Gilmor Engineering Limited.

“Dantata had left the site for long. We had to bring them back after the President approved a memorandum to that effect,” Wike said.

The minister disclosed that the development of the district, which covers 32 km of road, had been fraught with litigations, which, however, did not deter the progress of the project.

He said shortly before the present administration assumed office, the cost of the project was revised to N18.17 billion.

Wike commended the President for not abandoning the project owing to his belief in government as a continuum.

“Since I assumed office as FCT Minister in August 2023, you have never interfered with our work. We are sincerely happy that you gave us the free hand to work,” he said.

The FCT Minister, who appealed to the President to name major roads in Guzape District after literary giants Chinua Achebe and JP Clark, hinted that the ‘diplomatic area’ in the district will be completed within one year.

Following the request, President Tinubu, during the cutting of the tape to commission the projects, proclaimed two roads as Chinua Achebe Road and JP Clark Road.

In a project overview, the Executive Secretary of the FCDA, Engr. Shehu Hadi Ahmad, said the area being developed, Guzape District Lot II, is an urban fringe area covering 620 hectares, with 129 hectares encumbered by village settlements.

He said the entire district, Lot 1 and Lot 2, was designed to provide residential, commercial, and recreational facilities covering an entire area of 1,070 hectares of land.

“The Lot 1 area covers an area of 450 hectares, whereas the Lot 2 covers 620 hectares,” the FCDA Executive Secretary said.

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