Reported by: Agande Richard Aondofa | Edited by: Henry Owen
Nigeria’s Vice President, Kashim Shettima, on Monday, officially declared open the 31st Nigerian Economic Summit, reaffirming the federal government’s confidence in the nation’s economic experts as the driving force behind the success of ongoing reforms.
Speaking on behalf of President Bola Ahmed Tinubu, Vice President Shettima explained that the administration’s economic policies were designed to strengthen key sectors and create a resilient economic foundation for inclusive growth.
He emphasized that the ₦200 billion intervention fund recently rolled out by the federal government would serve as crucial support for micro, small, and medium enterprises (MSMEs) as well as manufacturers across Nigeria. According to him, this initiative underscores the administration’s commitment to promoting entrepreneurship, industrialization, and sustainable job creation.
Highlighting recent progress, Shettima noted that beyond the 4.23 percent GDP growth recorded in September 2025, the government’s economic reforms have started yielding tangible and measurable results across multiple sectors — from manufacturing and agriculture to finance and technology. He added that the growth has surpassed projections made by both international institutions and local economic analysts.
“Our belief in the capacity of Nigerian economic experts has been the magic wand behind these reforms,” Shettima said.
“All decisions taken by this administration have been guided by the pursuit of balance — between economic logic and public expectation.”
The Vice President reiterated that the Tinubu administration remains committed to transparency, fiscal responsibility, and long-term stability, stressing that the ongoing reforms are not just about figures but about building confidence in Nigeria’s economic future.
He urged both local and international investors to continue supporting Nigeria’s economic transformation agenda, assuring that the government is laying a solid foundation for sustainable national prosperity.
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