Asiwaju Tinubu speaks as President Buhari assented to the Bill amending the Deep Offshore (and Inland Basin Production Sharing Contract) Act

Asiwaju Tinubu speaks as President Buhari assented to the Bill amending the Deep Offshore (and Inland Basin Production Sharing Contract) Act.

“….The people voted to remove the austere, insensitive party that had governed the nation for over a decade simply by catering to the wealthy.
The people voted for a compassionate, progressive government headed by a committed principled leader to steer the nation out of danger.
No two historical situations are identical.
But, there are important similarities between our circumstance and the challenges America faced during that period.

“Faced with steep economic challenges, the administration of Franklin Roosevelt dedicated itself to reforming the economy in order to bring prosperity to a hurt and struggling population.

“In so doing, he would reform, at times reinvent, the nation’s economic institutions and laws.
This would change the relationship between the average citizen and the American government for the better.
This was the essence of the New Deal…”
~ Asiwaju Bola Ahmed Tinubu.

President Buhari had assented to the Bill amending the Deep Offshore (and Inland Basin Production Sharing Contract) Act, recently passed into law by the National Assembly.
The amended Bill will generate at least 500 million US dollars additional revenue for the Federal Government in 2020, and over one billion dollars from 2021.
With him is Chief of Staff, Mallam Abba Kyari.