President Bola Tinubu has called on the media to project Nigeria in a positive light to boost investor confidence and attract more investments for economic growth.
He made this call at the 19th All Nigeria Editors Conference in Uyo, Akwa Ibom state on Wednesday, where he was represented by the Minister of Information and National Orientation, Mohammed Idris.
He said the media has a vital role in informing the public about economic trends and helping businesses make informed decisions. He said: “I urge you to provide positive media coverage that can enhance investor confidence and attract the needed investments that fuel economic development in our county. The media’s role in portraying a favorable business environment contributes to the stability of financial markets.”
He also said his administration is focused on stimulating economic growth and has sought the collaboration of the Media Editors to align with his Renewed Hope Agenda.
He admitted that the removal of fuel subsidy has had an immediate economic impact, but assured that his administration has taken measures to ease the pain through various interventions. He said: “With the signing into law of the 2023 Supplementary Budget, we have finalized the process for payment of a monthly Cash Transfer of N25,000 each to 15 million of the poorest and most vulnerable households in Nigeria, for three months.”
He also mentioned other interventions such as the provisional wage increment of N35,000 monthly for six months, the establishment of an Infrastructure Support Fund for States, the launch of a 100 billion Naira CNG bus rollout programme, and the release of grains and fertilizers from strategic reserves.
He further said his administration is working to change the narrative in the country through a mass reorientation campaign that aims to foster unity, patriotism, and positive cultural values among Nigerians.
He urged the Media Editors to join the fight against misinformation, disinformation, and false narratives that threaten the fabric of society. He said: “Your role as a primary source of information and keeping the public informed about economic trends is cut out for you. Timely and accurate reporting helps businesses make informed decisions, fostering a conducive environment for growth.”
He also praised the founding fathers of the NGE, led by the late Alhaji Lateef Kayode Jakande, a renowned journalist and former Governor of Lagos state, who established the Guild in 1961 and contributed to the socio-political development of the country.