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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.
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Ngozi Okonjo-Iweala Says Nigeria Lacks a Maintenance Culture
The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has spoken on Nigeria’s economy, stating that the country lacks a good maintenance culture.
She said “The fact is that endowments alone do not add value. Budgetary allocations alone do not lead to new roads or good maintenance.”
“We lack a maintenance culture in the country. I have to say that. I’m Nigerian, but we need that. We need better ports and digital infrastructure, and lower trade costs. Execution is what matters, and successful execution requires focus. It requires prioritisation.”
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Peter Obi Criticises President Tinubu’s Statement on Hunger
Politician and former presidential candidate Peter Obi speaks on President Bola Tinubu’s comments regarding the rising hunger and worsening economic situation in Nigeria.
It can be noted that the President recently stated that hunger has always existed in Nigeria.
Peter Obi responded “I watched with deep concern the statement made by President Bola Tinubu to the Catholic Bishops, that there has always been hunger in Nigeria, even before he was born.”
“While it is true that hunger has been a part of human life and has existed in our country for decades, such a statement appears insensitive to the plight of the millions of Nigerians who face worsening economic hardship today.”
News
Nigerian Army Launches New IED Training Programme
Reports have been shared stating that the Nigerian Army has launched a new programme designed to train and improve the skills of engineers in tackling threats posed by Improvised Explosive Devices (IEDs).
The seminar is being organised by the 41 Engineer Brigade of the 1 Division Nigerian Army.
It was stated “Improvised Explosive Devices have become one of the greatest security threats confronting the Nigerian Army in ongoing counter-insurgency operations. Their widespread use has complicated military operations and humanitarian activities in conflict-affected areas.”
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