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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 Federal Government has announced an extension of the NYSC programme. It can be noted that the NYSC camp orientation is usually for three weeks before the youths go out to gain experience, employment, and serve the country for one year.
However, the FG announced that the passing-out parade from camp will be cancelled, and corps members will now spend six weeks in camp instead of three weeks.
“The first two weeks speak to laying a foundation on civic responsibility. The next two weeks will look at career mapping, basic accounting literacy skills, business planning and access to finance. The final two weeks, we intend to have focused corps-stream-specific training aligned with the corps member’s designated stream based on his choice, academic background and skills profile.”
With the rainy season in Nigeria, many are wondering if the increase in flooding has now become the new normal. Lots of videos, clips, and complaints have literally flooded online, showing how badly roads, homes, and other places have been affected.
We were used to hearing about the rise of water on the Island since it is literally surrounded by water, but now floods are being spotted on the Mainland as well.
We may not know exactly why this is happening, but one thing is certain—we urgently need a lasting solution.
The federal government reacted to claims stating that the new tax rules will be imposed on telecommunications and petroleum products for Nigerians.
The FG released a statement to explain the process and stated that there is no intention to place taxes on telecom and petroleum products and services.
“Those recommendations do not amount to government policy and are not binding on Nigeria. Decisions on tax matters are taken through established constitutional and legislative processes and are guided by national priorities and prevailing economic realities.”
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