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“Our Hearts Are with Nigerians” – Shettima Speaks on Tough Economic
Vice President Kashim Shettima has expressed deep sympathy for Nigerians, particularly those living in poverty, acknowledging the severe economic challenges faced by the nation.
Speaking at the 30th anniversary of the Nigerian Economic Summit in Abuja on Monday, Shettima emphasized that the Federal Government is acutely aware of the difficulties its citizens are experiencing but stressed that some of the tough economic decisions made by the current administration were unavoidable.
He explained that while the policies may seem harsh, they are essential steps toward stabilizing and improving the nation’s economy.
Shettima defended the administration’s economic strategies, reiterating that these measures are designed to set the country on a path of sustainable growth, even though they may cause short-term discomfort.
“My heart and the heart of President Bola Tinubu go out to the Nigerian people.
We deeply understand the struggles the poor and the youth are enduring.
However, the government is faced with limited choices, and some of these actions, while unpopular, are necessary to secure a brighter future,” Shettima remarked.
He admitted that the decisions made by the government might not be well-received by the public but pointed out that difficult truths are often the ones people are most reluctant to accept.
Shettima also highlighted various steps the government has taken to address economic challenges, including reforms aimed at promoting investment, curbing inflation, and boosting job creation.
While acknowledging that these policies have been difficult to implement and have affected people’s daily lives, he emphasized that they are critical to fostering long-term development.
During the summit, Shettima also noted the commitment of President Bola Tinubu and the entire administration toward improving the welfare of Nigerians, particularly through targeted programs aimed at reducing poverty and empowering the youth.
He called on citizens to remain patient as the government continues to navigate through these challenging times, assuring them that their sacrifices would not be in vain.
The Police Service Commission approves the promotion of 8053 police officers in the Nigeria Police Force. On Monday 11 commissioners were promoted to Assistant Inspectors General while 16 Deputy Commissioners were moved to Commissioners.
Promotion also happened among the Assistant commissioners, Chief Superintendents, Deputy Superintended and so on.
Additional promotions included Aminu Mohammed Abdulkadir, Mohammed Yusuf Adamu of Base 3 SPU, and Isa Ibrahim Umuoru from Border Patrol. Officers such as Omoarebun Iluobe, CSO to the Delta State Governor, and Shaaba Gboyako Adamu, CSO to the Imo State Governor, were also promoted.
Westminster Magistrates Court has ruled against Andrew Tate and his brother Tristan, leading to the seizure of over £2 million from their accounts due to unpaid taxes linked to their online businesses.
The funds, held in seven frozen bank accounts, were traced to the Tates and a woman identified as J. Authorities allege the brothers funneled substantial sums, including cryptocurrency, through accounts in J’s name, despite her lack of involvement in their ventures.
Chief Magistrate Paul Goldspring described the scheme as a “straightforward cheat of the revenue,” uncovering years of alleged tax evasion and money laundering. Devon and Cornwall Police revealed the brothers accrued millions between 2014 and 2022 without paying taxes or VAT.
Andrew Tate, however, criticized the ruling, claiming it is part of a “coordinated attack” to silence dissent. “This is not justice; it’s theft disguised as legal action,” Tate said in a statement.
The brothers are also facing separate criminal charges in Romania, including allegations of human trafficking and rape, and are set to be extradited to the UK.
Senate President Godswill Akpabio has defended President Bola Tinubu’s tax reforms, calling on critics to engage with the initiatives more thoughtfully.
Speaking during Tinubu’s presentation of the 2025 budget, Akpabio praised the four tax reform bills as a monumental step toward revitalizing Nigeria’s economy.
He described the reforms as the first comprehensive tax overhaul since independence, aimed at boosting revenue, supporting small businesses, and fostering sustainable development.
Akpabio criticized detractors for dismissing the reforms without understanding their potential impact and urged all Nigerians to embrace this transformative opportunity.
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