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President Bola Tinubu has said that Nigeria’s diversity remains its greatest strength, stressing that economic growth must reach even the poorest households to ensure national stability and sustainable development.

The President spoke on Monday at the National Economic Council (NEC) Conference on Inclusive Growth and Sustainable National Development, held at the State House, Abuja.

“Nigeria’s diversity is our strength. When states grow, Nigeria grows. When growth reaches the poorest household, national stability is strengthened. When development is sustainable, our children inherit growth,” Tinubu said.

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Describing the task before the nation as demanding but historic, the President said his Renewed Hope Agenda represents a national compact and a promise that the sacrifices of Nigerians would yield a stronger, fairer and more prosperous country.

“The task before us is demanding, but the opportunity is historic. The Renewed Hope Agenda is a national compact, a promise that the sacrifices of Nigerians will lead to a stronger, fairer and more prosperous nation,” he said.

‘Inclusive Growth, Monetary Policy’

Tinubu expressed confidence that the resolutions of the conference would support daily farming, livestock investment, ranch development and diversification of agricultural produce, noting that agricultural modernisation remains central to inclusive growth.

“I promise you here that I will play my part. There are seven zones, and state-of-the-art mechanisation is coming,” the President added.

He said his administration had undertaken bold but necessary reforms since assuming office to stabilise the economy, restore confidence and lay the foundation for long-term growth.

“Since the inception of this administration, we have undertaken bold and necessary reforms to stabilise the economy, restore confidence and lay the foundation for long-term growth.

“These reforms are instruments for delivering prosperity, dignity and opportunity for all Nigerians,” Tinubu said.

The President added that monetary policy reforms introduced by his administration had begun yielding positive results and were receiving international recognition.

“I must say again that the monetary policy we embarked upon has yielded positive results and is being recognised around the world,” he noted.

Tinubu said the Federal Government had recorded notable achievements reflecting its commitment to cooperative federalism and inclusive development, particularly in improving revenue distribution to sub-national governments.

“With this, state and local governments now receive increased and more predictable allocations, improving their capacity to pay salaries, invest in infrastructure and deliver social services,” he said.

The President said his administration had “prioritised infrastructure development across transportation, power, digital connectivity and irrigation as catalysts for inclusive growth, while expanding social investment and human capital programmes targeting vulnerable households, youths, women and small businesses.”

A truck driver has been apprehended following a fatal accident that claimed the life of a cyclist beneath the Lagos State University Teaching Hospital (LASUTH) Bridge in Ikeja.

The Lagos State Traffic Management Authority (LASTMA) confirmed the incident in a statement issued on Monday by its Public Affairs and Enlightenment Department, signed by Adebayo Taofiq.

According to LASTMA, the accident occurred at the traffic signal corridor inward Airport Road, Ikeja, and involved a DAF articulated truck and a cyclist.

Preliminary findings revealed that both the cyclist and the truck, which was advancing from the Maryland axis, attempted to negotiate the roundabout beneath the bridge at the same time.

In the process, the cyclist reportedly failed to maintain a safe distance from the truck, resulting in a collision.

“The situation escalated disastrously, resulting in the cyclist being violently crushed and succumbing to fatal injuries on the spot,” the statement said.

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LASTMA operatives who were on duty at the location reportedly responded promptly to the incident and intercepted the truck driver, who allegedly attempted to flee the scene.

“Their prompt and decisive action culminated in the immediate apprehension of the truck driver, who had attempted to abscond from the scene to evade culpability,” LASTMA stated, adding that the suspect was handed over to officers of the Ikeja Police Division for investigation and prosecution.

To prevent further accidents and ease traffic flow, officials of the State Environmental Health Monitoring Unit (SHEMU) were invited to evacuate the remains of the deceased from the road.

Reacting to the incident, the Special Adviser to the Governor on Transportation, Sola Giwa, expressed deep sorrow over the loss and extended condolences to the victim’s family.

“He offered prayers that Almighty God grants the family the fortitude, resilience and divine comfort required to endure the profound grief occasioned by the tragedy,” the statement noted.

Giwa also used the opportunity to caution cyclists and commercial motorbike riders to prioritise safety while using the state’s roads, warning against riding on expressways and major arterial routes.

According to him, “The Lagos State Government has over time, sustained intensive sensitisation initiatives through public jingles and documentary campaigns aimed at enlightening cyclists and other vulnerable road users on the necessity of confining their movements to inner roads, away from highways and high-risk corridors. This safety directive equally applies to skateboard users and other non-motorised conveyances.”