• President names Uzodimma Renewed Hope Ambassador
President Bola Ahmed Tinubu yesterday said his administration has recorded significant upswings in foreign direct and portfolio investments in the oil and gas sub-sector of the economy.
The President highlighted several policy gains recorded under his Renewed Hope Agenda, including seven consecutive months of eased inflation to 16.05 per cent in October, the stabilisation of the exchange rate, and a significant rise in foreign reserves to over $46 billion, up from $32 billion and a net reserve of $4 billion inherited in 2023.
He added that investor confidence has rebounded, with rising foreign direct and portfolio investments, particularly in the oil and gas sector, alongside a booming stock market and growing economic diversification driven by solid minerals.
The government’s liberalised student loan scheme has so far enrolled over 700,000 beneficiaries, while passport processing timelines have been shortened nationwide to under one week.
President Tinubu listed these among the achievements of his administration in a statement announcing the appointment of Imo State Governor Hope Uzodimma as the Renewed Hope Ambassador.
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The announcement comes ahead of the national rollout of the Federal Government’s Ward Development Programme.
A statement yesterday in Abuja by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, said Governor Uzodimma will also serve as the Director-General for Party Outreach, Engagement and Mobilisation.
His appointment takes immediate effect.
Under his new mandate, the Imo State governor, who is also the Chairman of the Progressive Governors’ Forum (PGF), will work with the ruling All Progressives Congress (APC) leadership and governors across the federation to “evangelise” the Tinubu administration’s programmes and achievements.
He will be expected to drive harmony, inclusiveness, and strategic coordination across party structures, while mobilising grassroots support.
President Tinubu said the APC governors will equally serve as “Ambassadors of Hope,” working collectively with Uzodimma to promote and disseminate the administration’s milestones since taking office in May 2023.
President Tinubu urged Governor Uzodimma to ensure that Nigerians across all communities are informed about these achievements and fully understand the administration’s progress under the Renewed Hope Agenda.