BAT

BOLA AHMED TINUBU

MANIFESTO
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My Vision for Nigeria

1 A nation transformed into greatness, the pride of Africa,

a role model for all black people worldwide, and
respected among all other countries

2 A vibrant and thriving democracy and a prosperous

nation with a fast-growing industrial base, capable of
producing the most basic needs of the people and
exporting to other countries of the world.

3 A country with a robust economy, where prosperity is

broadly shared by all irrespective of class, region, and
religion
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My Vision for Nigeria

4 A nation where its people enjoy all the basic needs,

including a safe and secure environment, abundant
food, affordable shelter, health care, and quality primary
education for all

5 A nation founded on justice, peace, and prosperity

for all.
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My Actionable Manifesto
This manifesto outlines an actionable social contract with the Nigerian people. I do not intend to go it alone. I need the people's consent
and active participation. I, at this moment, outline my pledge for a new Nigeria, a prosperous Nigeria, a Nigeria where all our people live
a decent life and enjoy a modest standard of living in a safe and secured environment. All these I intend to achieve through an honest
contract with the people.
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Economy
The centerpiece of my fiscal and economic policy is to optimize
economic growth and employment.

I will focus on stimulating jobs, which will be my top priority as

President. I will get Nigeria to work by launching a major public
works program, a significant and heavy investment in
infrastructure, and value-adding manufacturing and agriculture.

My administration will build an efficient, fast-growing, and

well-diversified emerging economy with a real GDP growth
averaging 12% annually for the next four years, translating into
millions of new jobs during this period.
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Economy
In support of my job creation initiative, I will launch a new National
Industrial Policy that will focus on special intervention to
reinvigorate specific strategic industries. These include Textiles,
Cement, Steel, Oil, Gas, Petrochemicals, light manufacturing, food
processing, information technology, and other areas with
abundant raw materials and apparent competitive advantage.

These have the potential to generate millions of new jobs in the

next four years, create a new set of entrepreneurs, and usher in
new industries and new knowledge-based enterprises.
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Economy
Information Technology, Entertainment, Music, and Tourism are
new Key Drivers of the economy with special vehicles and
funding mechanisms.

I will establish new industrial growth centers by creating six new

Regional Economic Development Agencies. These agencies will
create sub-regional industrial hubs to exploit each zone's
competitive advantage and optimize their potential.

I will promote innovation and creativity through heavy

investment in research, development, science, and technology.
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Agriculture & Food Security

There will be a renewed focus on Agriculture and food security by
formulating a new National Policy on Agriculture to boost food
production and GDP growth rate of over 7% annually.

My administration will strengthen the new Lagos Commodity

Exchange Board and promote the establishment of new ones for
strategic agricultural products like cotton, cocoa, rice, soya beans,
corn, palm kernel, and groundnuts, thereby guaranteeing minimum
prices for all these cash crops, boosting productivity and enhancing
average farm income and growth in the rural economy.
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Agriculture & Food Security

I will promote the creation of a new set of young agric-entrepreneurs
by encouraging and supporting young school leavers to take into
agriculture after undergoing vocational training at the various schools
of agriculture.

I will collaborate with State governments to expand extension

services and provide technical support for farmers on mechanization
and modern farming techniques. The goal is to modernize agriculture
and agro-allied businesses and gradually move Nigeria away from
subsistence farming to small and medium-sized commercial farming
and production.
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Infrastructure:
Build a New Nigeria (BANN)
My administration will develop a National Infrastructure Plan for the
nation covering strategic and integrated roads, bridges, rail, water,
power, seaports, and airports spanning the length and breadth of the
country under the theme “Build a New Nigeria” (BANN.

As part of BANN, I will initiate a medium to long-term infrastructure

financing model which combines funding from internal sources,
borrowings, the PPP model, and strictly private sector financing and
concession.
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Infrastructure: Build a New Nigeria

My administration will review the existing Public-Private Partnership
(PPP) legal, regulatory and operational framework to ensure speedy
and timely implementation of PPP projects.

I will establish a National Infrastructure Development Bank to bridge

the funding gap in this critical sector and provide loans to support
essential projects at a nominal interest rate.

On Electricity, I will embark on a renewed action-oriented focus and

take immediate and urgent action on resolving existing challenges of
power generation plants, gas purchasing, pricing, transmission, and
distribution. My administration's critical goal is to have 15,000
megawatts distributable to all categories of consumers nationwide to
ensure 24/7 sustainable supply within the next four years.
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Oil, Gas and Solid Minerals

My administration will undertake a comprehensive reform of the oil &
gas sector in line with the newly enacted Petroleum Industry Bill (PIB)

I will create a new, independent and transparent system of auctions

for allocating drilling rights to reduce the opportunity for graft and
corruption.

I will immediately privatize the NNPC and compel exploration

companies to list their equity on the Nigerian Stock Exchange and
contribute directly to the Sovereign Wealth Fund.

By the time we took office, the Dangote refinery would have been fully
operational, nullifying the need to import refined petroleum.
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Oil, Gas and Solid Minerals

There will be no need for a subsidy because the market will be open
and transparent, supply will come from local refineries, and the forces
of demand and supply will determine the price of petroleum
products.

My administration will establish a National Strategic Reserve for

Petroleum Products to stabilize supply during unexpected shortages
or surplus periods. This will eliminate any form of product shortages
and prevent wild swings in prices.

My administration will sponsor legislation to devolve the solid mineral

sector management to the State Government. The Federal
Government will focus on efforts in exploration, research, and
development and promote increased local and international
investment in the sector
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Education
I am fully committed to overhauling the education sector and making
aBAT will undertake
significant a comprehensive
impact in education reform of the
as a matter of priority.
oil & gas sector in line with the newly enacted PIB
I will triple education spending over the next four years from the
He will
current 8%create a new, independent and transparent
to over 25%
system of auctions for allocating drilling rights in
In partnership with the agriculture and food processing sector, I will
order to reduce opportunity for graft and corruption
embark on free daily school meals for millions of primary school
BAT administration
children across the nation. will immediately privatize the
NNPC and compel exploration companies to list
I will revive technical and vocational education across the country by
their equity on the Nigerian Stock Exchange
establishing Local Technical Institutes in all the states of the
and
contributeThese
federation. directly
LTIs to thepromote
will country’s Sovereign
technical Wealth
and vocational
Fund. to absorb the millions of young school leavers who
education
complete primary and secondary schools every year who cannot get
admission to universities.
Under a BAT administration, the Dangote refinery
would have been fully operational thereby nullifying
the need to import refined petroleum
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Education

The new LTIs will provide free training to our unemployed youth in
acquiring the basic skills necessary to be engaged under the new
Infrastructure Plan outlined above.

I will initiate a new creative means of funding tertiary education by

granting universities the financial autonomy to explore new
sources of financing through grants, corporate sponsorship,
tuition fees etc. My administration will collaborate with all the
tertiary education sector stakeholders, including students,
parents, the academic community, relevant unions, and the
government.

I will instantly end the culture of strikes and the shutdown of

higher institutions in Nigeria and harmonize the school calendar
across the nation in a predictable manner.
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Healthcare
My administration will focus on improving the nation's health care
infrastructure by collaborating with States and Local Governments
to create a new network of local clinics and dispensaries providing
primary health care and drugs for citizens.

I will increase the proportion of the annual budget dedicated to

health care from 6.5% presently to over 10%

My administration will begin the process of reverse brain drain by

attracting hundreds of thousands of healthcare workers who have
migrated out of Nigeria to Nigeria.

I will embark on special programs to upgrade the quality of all

Federal Government Hospitals to world-class standards.
I will impose a ban on medical tourism for all categories of public
officers to ensure no one travels abroad for any form of medical
treatment.

I will revive and relaunch the National Health Insurance Scheme,

ensure that it takes off smoothly, and provide health insurance
cover for most Nigerians.
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Tackling Poverty
My immediate goal is to provide for all Nigerians the basic needs of
life at the minimum, including affordable housing, food security,
quality primary education and healthcare for all, and a conducive and
safe living environment.

I will make the complete eradication of poverty a significant priority of

my administration.

My strategy is to first get as many Nigerians as possible to work and

to earn decent wages. The job creation initiatives highlighted above
will all combine to create an unprecedented number of new jobs,
which will absorb millions of young people, the middle-aged, and
women and pull them out of poverty towards a path of prosperity.
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Tackling Poverty
For the vulnerable Nigerians, I will immediately start a Social Welfare
Scheme with Direct Monthly Cash Payments to about 25 million
vulnerable Nigerians. These include Pregnant Women, unemployed
Mothers of School-age children under 18 years, senior Citizens over
65yrs and the disabled, armed services veterans who meet set
guidelines under a "Social Insurance Contract with Vulnerable
Nigerians."
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Support for Micro & Small Businesses

I will collaborate with the CBN, microfinance banks, SMEDAN, and the
Bank of Industry to establish a special intervention fund and put a
Small Business Loan Guarantee Scheme for micro and small
businesses to bridge existing funding gaps. This is to stimulate growth
for the over 40 million micro and small enterprises operating all over
Nigeria and for each to employ an average of one additional person,
translating to 40 million new jobs per year.

My administration will promote a national culture of consumer

financing and credit system by moving the country away from a cash
and carry economy to that of a credit-based consumer financing
economy. This will stimulate more consumer demand and boost
productivity and growth.
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Housing
As part of my administration’s goal of shelter for all Nigerians, I will
vigorously work towards bridging the housing gap by embarking on a
mass housing strategy.

As part of the mass housing strategy, my administration will

collaborate with state governments, the building and construction
industry, private sector investors, and banks to build and sell over 5
million new homes within the next four years. I will introduce a
national mortgage system that will lend at single-digit interest rates to
purchase these owner-occupied homes.

A seed fund will support the National Mortgage System to ensure that
new homeowners will enjoy single-digit interest rates for between
15-30 years when they purchase owner-occupied homes.
The National Mortgage System will enable the building and
construction industry to absorb millions of young school leavers
trained under the LTI scheme, creating millions of new jobs for young
and skilled school leavers.
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Keep Nigerians Safe & Secured

Security of life and property is a top priority of my administration.
Therefore, I will embark on urgent and immediate steps to ensure
adequate security in all aspects of our lives.

My administration's fundamental strategy of ensuring adequate

security of life and property is to first pull most Nigerians out of
poverty and provide the basic needs for a decent life and social
justice for all, irrespective of region, tribe, and religion.

My administration will create jobs for millions of young people, will

create Local Technical Institutes to train and equip millions of young
school leavers and prepare them for absorption into the private
sector.

My administration will empower micro and small businesses and

improve access to cheaper loanable funds to optimize growth. I will
work towards achieving my goal of shelter for all and jobs for all.

These will be complemented with a complete overhaul of the

nation's existing security architecture.
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Keep Nigerians Safe & Secured

I will embark on a comprehensive revamping and modernization of the
nation's security architecture to meet the country's needs during this
period.
I will embark on comprehensive reform, retraining, and retooling of the
Federal Police under the new dispensation and introduce modernized
equipment, crime-detection and surveillance technology, and
personnel training.

I will urgently review the management and pay structure of the five
security services-federal police, the army, the navy, the airforce, and
the intelligence services.

I will commence the immediate constitutional amendment process and

action on Community Policing at the State and Local Government
levels.
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Keep Nigerians Safe & Secured

I will constitute a National Community Policing Action Committee to
ensure proper implementation, set boundaries between Federal and
Community Police, and secure amendments of the criminal justice
legislation to replace the criminal code, the penal code, and the police
act.

Through an extensive national mass enlightenment campaign, I will

actively promote peaceful and harmonious coexistence and that
Nigerians are free to live, work, and worship in any part of the country
without let and hindrance.

I will protect the country against external and internal aggression and
terrorism through stricter control of all our border points while
maintaining strong, close, mutually beneficial relationships with
neighbors and other countries.
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Federal Government Reform

My administration will usher a new culture of transparency, openness,
and excellent service delivery into the new Federal Government.

I will reshape, reform, strengthen and reposition the Federal Civil

Service for efficient service delivery for Nigerians.

I believe in the ethos of excellent service delivery and positively

impacting societal values. I will restore the positive image of the
post-colonial public servant and will develop a new code of conduct
that encourages a transparent and straightforward life in public service
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Budget, Fiscal Policy,

and Revenue Generation
I will run a lean and efficient Federal Government with zero tolerance for
wastefulness, corruption, and inefficiency in public service delivery that
will serve as a role model to other arms of government. I will instill
budgetary discipline on a strictly January-December budget cycle.

My administration will be anchored on a growth-oriented fiscal policy

that will stimulate local production, import substitution, export of
manufactured products, and enhance revenue generation.
I will introduce an efficient, robust, transparent revenue drive that will
boost Federally Collected Revenue by over 200% in the next four years,
boost external reserve and create a sustainable culture and regime of
the surplus budget annually.

My administration will collaborate with the Central Bank to harmonize

the fiscal and monetary policy to achieve immediate stabilization of the
value of the naira against the US dollars and other currencies and in the
short term, strengthen the naira by boosting the supply of foreign
currency and moderating demand. The short-term goal is to achieve a
naira/dollar rate of 300 naira/US$ and gradually achieve a less than 200
naira rate over the next four years.
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Structure and Size of Government

My administration will move away from a centralist government
structure and devolve more revenues and powers to the States and
Local Governments to bring governance and decision-making closer to
the people. I will strengthen our local governments and give proper
autonomy to State legislators
.
I will support the revision of the Federal Revenue sharing formula to
ensure that state and local governments receive appropriate funding to
carry out their new constitutional responsibilities.

I will sponsor appropriate laws and constitutional amendments to

support these true federalism initiatives.
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Rule of Law and the Judiciary

My administration will enforce utmost respect for the rule of law as a
policy of the state.
I will embark on extensive judicial reforms and deploy the use of
modern technology for maximum efficiency.
I will reform all existing investigative and prosecution agencies of the
Federal Government for efficiency and result orientation.
The judiciary shall have full autonomy and be genuinely independent
under my watch.
I will embark on a comprehensive review of anti-corruption and criminal
laws. I will reform the existing anti-corruption agencies as truly
independent agencies ring-fenced for funding autonomy and full
prosecutorial powers, free from political interference
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“
...A nation transformed into greatness, the pride of
Africa, a role model for all black people worldwide,
and respected among all other countries.

Bola Ahmed Tinubu (BAT)

 Prepared by:
H.E. Olufemi Pedro, FCIB, FCArb
Babatunde Ogala, SAN