President Bola Tinubu has returned to duty at Aso Rock Presidential Villa in Abuja after a two-week working vacation in the United Kingdom and France.
Upon his arrival on Saturday, he received a briefing from Zaccheus Adedeji, Chairman of the Federal Inland Revenue Service, on Monday.
Tinubu’s return comes at a critical time, as the country faces economic hardship and growing insecurity. The President had previously announced his intention to use the vacation as a retreat to reflect on his administration’s economic reforms ¹. However, his absence sparked concerns about a potential leadership vacuum.
With only two months left before the end of the 2024 fiscal year, the House of Representatives has drawn Tinubu’s attention to the Fiscal Responsibility Act. The Act requires the Medium-Term Expenditure Framework to be presented to the National Assembly at least three months before the annual budget submission ¹. This raises concerns about the available time to thoroughly consider and pass the MTEF, Fiscal Strategy Paper, and 2025 Budget Estimates.
Tinubu’s administration has focused on several key policy areas, including:
– *Rollout of CNG buses* to address transportation challenges.
– *Anti-corruption war* to tackle corruption and redeem the party’s image.
– *Ministerial performance bond* to enhance accountability and efficiency.
– *Minimum wage implementation* to address the welfare of Nigerian workers.
As President Tinubu settles back into office, he faces pressing economic decisions that will shape the country’s future.
