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.

“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.

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.