Asiwaju Bola Tinubu about 10:36 am on Monday took the oath of office as the 16th President of the Federal Republic of Nigeria, while Senator Shettima Kashim assumed office as the Vice President.
The oath of office was administered by the Chief Justice of Nigeria, CJN, Olukayode Ariwoola at the Eagle Square, Abuja.
The Vice President took his oath of office at 10:28 am after that he was invited to take his seat at the VIP stand.
The swearing-in was followed by the lowering of national and defence flag which was folded and handed over to the Chief of Defence Staff, General Lucky Irabor, who immediately handed it over to Muhammadu Buhari signalling the end of his administration.
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After the folding of the flag, there was the hoisting of national flag, heralding the beginning of a new administration.
In his inauguration speech, the new President said the mission of his administration was to improve Nigerians way life in a manner that nurtures humanity, encourages compassion toward one another. Some of the highlights of his speech include security, economy, agriculture, employment and youth engagement.
“Nigeria will be impartially governed according to the constitution and the rule of law.
On security, he said: “security shall be his top priority, adding that neither prosperity nor justice can prevail amidst insecurity and violence.
According to him, “To effectively tackle this menace, we shall reform both our security doctrine and architecture.
“We shall invest more in our security personnel, and this means more than increase in number. We shall provide better training , equipment, pay and firepower.
“We shall defend the nation from terror and all forms of criminality that threaten the peace and stability of our country and sub-region.
On Economy, President Tinubu said “We shall remodel our economy to bring about growth and development job creation, food security and an end to extreme poverty.
On Youth and women, he said: “Women and youth will feature prominently in this administration. We will take proactive steps such as championing a credit culture to discourage corruption while strengthening the effectiveness and efficiency of the various anti-corruption agencies.
On Subsidy, the President said that the era of subsidy of petroleum products is gone.
He said since there was no provision of subsidy in the budget, the money spent on it will be channelled to other sectors.