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Shettima Vows Tinubu Administration Will Do ‘Whatever It Takes’ to Save Nigeria’s Economy

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Vice President Kashim Shettima has reaffirmed the government’s unwavering commitment to steering Nigeria away from potential collapse, emphasizing that the administration of President Bola Ahmed Tinubu will take all necessary measures to restore stability and growth.

Shettima made these comments during the opening ceremony of the 17th Annual Banking and Finance Conference held in Abuja, an event organized by the Chartered Institute of Bankers of Nigeria.

Addressing a room full of banking and financial professionals, the Vice President underscored the crucial role that the banking sector plays in tackling the nation’s economic challenges.

He highlighted that the sector holds the key to unlocking solutions that can address the myriad issues currently plaguing Nigeria’s economy, from rising inflation to fiscal instability.

“We are prepared to do whatever it takes to salvage Nigeria from its current economic difficulties,” Shettima declared.

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“This administration is committed to implementing the necessary strategies and reforms, no matter how difficult, to ensure that the country’s future is secure.”

Shettima called on the conference participants, including financial experts and stakeholders, to leverage the platform to engage in meaningful dialogue on the economic crises facing both Nigeria and the global economy.

He stressed the importance of finding actionable solutions that can help stabilize the nation and improve the living standards of Nigerians.

His remarks come at a time when Nigerians are grappling with serious economic hardships.

The country is currently facing soaring inflation, which reached a staggering 33.40 percent.

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This, coupled with the recent hike in petrol prices—where the cost per liter surged from N617 to N897—has put immense pressure on households and businesses across the nation.

The Vice President acknowledged these difficulties but remained hopeful that, with the concerted efforts of key players in the banking and financial sectors, the government could devise innovative approaches to mitigate the impact of these challenges.

Shettima concluded by assuring the public that the Tinubu administration remains focused on long-term economic recovery and that the government will leave no stone unturned in its pursuit of solutions that will bring relief to the Nigerian people.

The conference provided an important forum for industry leaders to collaborate on addressing not just Nigeria’s internal challenges, but also broader global economic issues, with the hope that collective action can lead to meaningful progress in the months and years ahead.


 

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Politics

Kenneth Okonkwo Says Peter Obi Betrayed Him by Supporting Abure Group

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Veteran Nollywood actor Kenneth Okonkwo has opened up about what he calls a betrayal by Peter Obi, the former presidential candidate of the Labour Party. In a recent interview with Symfoni, Okonkwo revealed that his decision to quit the party earlier in February 2025 was influenced by Obi’s actions during a leadership crisis within the party.

Okonkwo, who once served as a spokesperson for Obi’s presidential campaign, said the former Anambra State governor ignored his counsel and returned to support the Julius Abure-led faction—despite ongoing controversies surrounding that group. He explained that Obi was misinformed by party executives who claimed that the Abure-led camp had been recognised by INEC. But in his view, Obi’s move went against everything he had previously stood for.

“Any serious politician knows how not to be misled,” Okonkwo said. “But in this case, it was Obi who betrayed me. I warned him—these people are not democratic. INEC recognition isn’t enough reason to return to a group that goes against the values you publicly uphold. If you align with them again, you risk your political credibility and everything you’ve worked for.”


 

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Politics

“I’ll Keep Giving Tinubu Haters High Blood Pressure” – Wike Says

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Minister of the Federal Capital Territory, Nyesom Wike, has promised to keep unsettling those who oppose President Bola Tinubu by continuing to deliver impactful projects across Abuja. Speaking at the commissioning of key roads including the Arterial Road N16 and other projects in the Katampe district, Wike said he now fully understands how much resentment some people have for the President’s achievements since taking office in 2023.

According to Wike, a recent moment while watching TV opened his eyes to how deeply some critics are affected by Tinubu’s progress. “Something just moved me to switch on the TV, and I saw the anger and pain on people’s faces,” Wike said. “Now I get it—some people are really hurting. So I’ve taken it upon myself to increase their blood pressure with more good work.”

He added that while critics stay bitter, he and others will keep enjoying the results of their efforts. “We’ll be smiling, moving around freely, while they stay mad and frustrated. That’s my new mission,” he said. Wike thanked President Tinubu for leading what he described as a development revolution in the FCT.


 

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Politics

Ali Baba Reveals Shocking Costs of Nigerian Political Seats: #1.2 Billion for Senate

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Nigerian Comedian Ali Baba reveals cost of political seats and positions in the Nigerian government.

The comedian reveals this information during a brief interview, he shares that one will need up to #1.2 Billion for a Senatorial seat. Meanwhile for a governor position, one will need 20-25 billion Naira.

Ali baba then argued on how the government focuses more on the financial aspect of election rather than the need of the people. He shares that’s why corruption citing election period is high.


 

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