Acting President Yemi Osinbajo early Monday delivered a speech to commemorate the second anniversary of President Muhammadu Buhari’s assumption of office and Democracy Day.

Osinbajo spoke on the three specific areas the present government is focused on – Security, Corruption and the Economy.

Here are seven things we learnt from Osinbajo’s Democracy Day speech.

1. Boko Haram has been completely relegated

“But with new leadership and renewed confidence our gallant military immediately began to put Boko Haram on the back foot. We have restored broken-down relations with our neighbours, Chad, Cameroon and Niger – allies without whom the war against terror would have been extremely difficult to win. We have re-organised and equipped our Armed Forces, and inspired them to heroic feats; we have also revitalised the regional Multinational Joint Task Force, by providing the required funding and leadership.

“The positive results are clear for all to see. In the last two years close to one million displaced persons have returned home. 106 of our daughters from Chibok have regained their freedom, after more than two years in captivity, in addition to the thousands of other captives who have since tasted freedom.

“Schools, hospitals and businesses are springing back to life across the Northeast, especially in Borno State, the epicentre of the crisis. Farmers are returning to the farms from which they fled in the wake of Boko Haram. Finally, our people are getting a chance to begin the urgent task of rebuilding their lives.”

2. Trying to understand the grievances of the Niger Delta people

“Across the country, in the Niger Delta, and in parts of the North Central region, we are engaging with local communities, to understand their grievances, and to create solutions that respond to these grievances adequately and enduringly.

“President Buhari’s New Vision for the Niger Delta is a comprehensive peace, security and development plan that will ensure that the people benefit fully from the wealth of the region, and we have seen to it that it is the product of deep and extensive consultations, and that it has now moved from idea to execution. Included in that New Vision is the long-overdue environmental clean-up of the Niger Delta beginning with Ogoni-land, which we launched last year.”

3. Recovery of loots, prosecution has been slow

“Funds appropriated to build roads, railway lines, and power plants, and to equip the military, that had been stolen or diverted into private pockets, must be retrieved and the culprits brought to justice. Many have said that the process is slow, and that is true, corruption has fought back with tremendous resources and our system of administration of justice has been quite slow. But the good news for justice is that our law does not recognise a time bar for the prosecution of corruption and other crimes, and we will not relent in our efforts to apprehend and bring corruption suspects to justice.”

4. Saving and investing more for the future

“We have taken very seriously our promise to save and invest for the future, even against the backdrop of our revenue challenges, and we have in the last two years added $500million to our Sovereign Wealth Fund and $87 million to the Excess Crude Account. This is the very opposite of the situation before now, when rising oil prices failed to translate to rising levels of savings and investment.”

5. Economy has been the biggest challenge

“Admittedly, the economy has proven to be the biggest challenge of all. Let me first express just how concerned we have been, since this administration took office, about the impact of the economic difficulties on our citizens.

“Through no fault of theirs, some companies shut down their operations, others downsized; people lost jobs, had to endure rising food prices. In some states, civil servants worked months on end without the guarantee of a salary, even as rents and school fees and other expenses continued to show up like clockwork.

“We have been extremely mindful of the many sacrifices that you have had to make over the last few years. And for this reason, this administration’s work on the economic front has been targeted at a combination of short-term interventions to cushion the pain, as well as medium to long term efforts aimed at rebuilding an economy that is no longer helplessly dependent on the price of crude oil.”

6. Hate speech and violence not acceptable

“And while we all daily pre-occupy ourselves with pursuing the Nigerian Dream – which is the desire to better our lives and circumstances vigorously and honestly – it is inevitable that grievances and frustrations will arise from time to time.

“This is normal. What is not normal, or acceptable, is employing these frustrations as justification for indulging in discrimination or hate speech or hateful conduct of any kind, or for seeking to undermine by violent or other illegal means the very existence of the sovereign entity that has brought us all together as brothers and sisters and citizens.

“Nigeria belongs to all of us. No one person or group of persons is more important or more entitled than the other in this space that we all call home. And we have a responsibility to live in peace and harmony with one another, to seek peaceful and constitutional means of expressing our wishes and desires, and to resist all who might seek to sow confusion and hatred for their own selfish interests.”

7. 2016 budget used to clear mess for previous administration

“Indeed, much of 2016 was spent clearing the mess we inherited and putting the building blocks together for the future of our dreams; laying a solid foundation for the kind of future that you deserve as citizens of Nigeria.

“In his Budget Presentation Speech to the National Assembly last December, President Buhari outlined our Economic Agenda in detail, and assured that 2017 -would be the year in which you would begin to see tangible benefits of all the planning and preparation work. It is my pleasure to note that in the five months since he delivered that speech, we have seen tremendous progress, as promised.”