Tinubu canvasses systemic solution to address menace of corruption
President Bola Tinubu on Monday night canvased for a systemic solution that would address the socio economic elements causing corruption in the country, emphasising the need to First tackle the underlying causes of the menace.
Speaking his maiden media chat on national television, President Tinubu emphasised the significance of enhancing living circumstances, guaranteeing access to basic utilities, and paying fair wages in order to reduce corruption in all of its manifestations.
“Corruption in all ramifications is bad, but first of all, pay enough attention to the causes,” he said.
The President noted that two major elements that encourage people to engage in dishonest activities are a lack of social amenities and insufficient money for education.
In his fight to tame the menace of corruption, Tinubu emphasised the significance of guaranteeing workers living wage.
“Pay them good and living wages. I increased the minimum wage, and to me, that is fighting corruption,” he explained.
The President further stressed that creating an environment where citizens have access to basic necessities and opportunities will significantly reduce the temptation to engage in corrupt activities.
He also reiterated his confidence in the power of free market forces to address economic challenges, emphasizing that price control is not the solution.
He highlighted his administration’s approach to managing market dynamics, boosting agricultural productivity, and tackling corruption at its roots.
“I don’t believe in price control. It’s a question of supply and demand,” Tinubu responded to a question of he believed in Prince control.
He explained that increasing supply is key to stabilizing prices, citing the fuel market as an example.
“We just continue to supply the market. It will come to a stage where you cannot hoard no more. The economic variables will work against you,” he said.
Tinubu advised Nigerians to concentrate on improving their resource management skills while also adjusting to the prevailing shifting economic realities.
The President also highlighted the significance of mechanised farming while announcing intentions to revolutionise Nigeria’s agricultural industry.
“We will give more incentives to the farmer. Mechanized farming is better for us in Nigeria,” he said.
He revealed that over 2,000 tractors are set to arrive in the country as part of efforts to modernize farming and increase productivity.
This, according to President Tinubu, will help torr ensure food security as well as reduce the country’s dependence on imports.
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