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By Samaila Emmanuel Bzugu
Vice President Kashim Shettima has expressed optimism about Nigeria’s economic recovery, citing bold decisions made by the President Bola Ahmed Tinubu-led administration. According to Shettima, these efforts will ultimately change Nigeria’s economic fortunes.
The administration is focusing on key areas to drive economic growth, including investing in ICT and infrastructure development
Shettima emphasized the importance of diversifying the economy, particularly as oil may lose value in the next 20-30 years. He highlighted Nigeria’s gas reserves and human capital as key resources to drive growth. The Vice President also stressed the need for quality leadership, investing in education, and harnessing the country’s growing population to transform the economy.
The administration is focusing on key areas to drive economic growth, including investing in ICT and infrastructure development, removal of fuel subsidies, unification of exchange rates, and youth empowerment and human capital development.
Shettima’s comments come as Nigeria faces economic challenges, including a foreign exchange crisis. However, he remains confident that the country is on the path to recovery, with oil production currently at 1.8 million barrels per day.
Nigeria is blessed with abundant human and natural resources, and with the right policies and leadership, we can achieve economic greatness
“Nigeria is blessed with abundant human and natural resources, and with the right policies and leadership, we can achieve economic greatness,” Shettima said.
The Vice President’s positive outlook is a welcome development, as Nigeria seeks to overcome its economic challenges and achieve sustainable growth.
