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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.
TV anchor Rufai Oseni makes headlines as he speaks on fuel subsidy in Nigeria. He shared that Nigeria can have fuel subsidy without the long queues at filling stations.
“When we were still paying subsidies, there were no long queues. We were subsidising. So you can still have a subsidy regime going on, and there will be no long queues because production was close by. Dangote had it. That’s just it. That argument also falls flat.
“The biggest beneficiaries of subsidy are not Nigerians. They are crony capitalists that have big infrastructure, and they do contracts. They have been the biggest beneficiaries of the subsidy,” he said.
Lagos State Governor, Sanwo-Olu, speaks to those in the electricity sector about the usual blackouts in the state.
He speaks on ways things can change in the state and how electricity can be provided.
“We need to drop corporate egos, abandon long-standing excuses, and confront the harsh realities obstructing progress in the power sector.”
“We, state governments, used to give excuses that everything is centralised, so the Federal Government has unbundled it now. What have we done in a year and a half?” Sanwo-Olu asked.
“We take two steps forward, we go five steps backward,” he said.
Lagos State Governor Babajide Sanwo-Olu has declared Thursday, August 20, a work-free day for public servants in the state to mark the Isese Festival.
Speaking on the celebration, he said “Ìṣẹ̀ṣe is not a relic. It is a living expression of our traditions and a celebration of Yoruba spirituality as an important part of Nigeria’s cultural and religious landscape,” he said.
He added “When the drums sound in Lagos on Thursday, they answer drums in Havana, in Salvador, in Port of Spain. Fifty-five million people and counting. Lagos is not observing a local holiday. Lagos is standing at the centre of a global heritage,” Aregbe said.
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