Vice President Kashim Shettima has stepped forward to mount a robust defense of President Bola Tinubu’s economic roadmap, arguing that the administration’s bold policy shifts merit widespread support rather than the criticism they have occasionally faced. Speaking during the Delta State Economic and Investment Summit held in Asaba, Shettima emphasized that these measures are finally beginning to bear fruit, signaling a turning point for the nation’s financial health.
Highlighting the stark difference between the landscape the current government inherited and the present reality, the Vice President pointed to tangible improvements in Nigeria’s economic standing. According to Zoyols News, he noted that the administration took over at a time when the country faced daunting hurdles, but persistent efforts have now successfully shifted the momentum. A key metric he highlighted was the steady climb of the nation’s foreign reserves, which have now surpassed the fifty-two billion dollar mark, a significant improvement from the three billion dollar baseline cited during earlier stages of the transition.
Shettima also took a moment to acknowledge the Governor of Anambra State, Chukwuma Soludo, for his vocal backing of these fiscal reforms. The Vice President reflected on the political courage shown by the former head of the country’s top financial regulator during the lead-up to the 2023 elections. He noted that even when it was politically unpopular, Soludo stood by the belief that success at the ballot box would be determined by genuine grassroots support rather than pressure or intimidation.
Looking ahead, the administration is doubling down on its commitment to the private sector. Shettima reassured stakeholders and potential investors that the federal government is actively stripping away the bureaucratic bottlenecks that have historically stifled enterprise. By fostering a more seamless collaboration between federal and state authorities, the aim is to create an environment where businesses can not only survive but thrive. For the administration, the focus remains clear: the focus is on building long-term resilience, even as the global economic environment remains complex and unpredictable.
