Vice President Kashim Shettima has said that President Bola Ahmed Tinubu’s bold economic reforms are clear evidence of his political will and determination to reposition Nigeria on the path of sustainable growth and development.
Speaking at an economic policy forum in Abuja on Tuesday, Shettima noted that the administration’s decisions, though painful in the short term, were necessary to rescue the economy from years of mismanagement, distortions, and over-dependence on subsidies.
According to him, the removal of fuel subsidy, unification of exchange rates, and fiscal tightening measures demonstrate Tinubu’s resolve to tackle long-standing structural challenges that had hampered Nigeria’s progress.
“President Tinubu has shown uncommon courage in taking decisions that previous administrations shied away from. These reforms may not be popular today, but they are laying the foundation for a stronger, more resilient economy,” the Vice President said.
Shettima explained that the government is equally aware of the hardship Nigerians are facing as a result of the reforms, assuring that targeted interventions, such as conditional cash transfers, student loan schemes, and palliative programmes, are being rolled out to cushion the impact on vulnerable citizens.
He stressed that no nation can achieve sustainable prosperity without sacrifices, insisting that Tinubu’s policies will attract foreign investments, boost local productivity, and create jobs in the medium to long term.
“The administration is focused on building an economy driven by innovation, enterprise, and productivity, not on endless borrowing or subsidies that enrich a few. This is the meaning of political will in economic governance,” Shettima added.
The Vice President called on Nigerians to remain patient and supportive, expressing confidence that the reforms would soon yield tangible benefits, including stable power supply, modern infrastructure, and improved living standards.
