Shettima Hails Tinubu’s Bold Economic Reforms, Urges Africa to Embrace Structural Transformation

Vice President Kashim Shettima has praised President Bola Tinubu’s administration for demonstrating “uncommon political will” in implementing bold reforms to tackle Nigeria’s economic challenges.

Speaking at the 66th Annual Conference of the Nigerian Economic Society (NES) in Abuja, Shettima described Tinubu as a leader with a listening ear whose approach continues to inspire hope amid economic hardship.

“Nigeria is not exempt from Africa’s economic tragedies. But our silver lining is the listening ear of President Tinubu. Under his leadership, this administration has embarked on bold and inevitable reforms to address structural weaknesses that others only paid lip service to.
These reforms are painful but necessary—like surgery that cures a malignant disease. The wounds are temporary, but the recovery is permanent,” Shettima said.

The Vice President acknowledged the hardship accompanying the reforms, alongside global economic pressures, but stressed that the government has introduced investment-friendly policies and social protection programmes in key sectors like transportation, healthcare, and education to cushion vulnerable citizens.

He further emphasized the need for Africa to embrace the knowledge economy and structural transformation to combat poverty and unemployment:

“We live in a world where a citizen in Daura can offer services to a corporation in Dallas without leaving his bedroom. To catch up, Africa must reinvent its human capital and reverse unemployment. Poverty must be confronted head-on if this continent’s promise is to be realized.”



Shettima also noted that global challenges such as supply chain disruptions, energy transition, and artificial intelligence, though often seen as threats, present opportunities for Africa’s economic renewal.

Other Highlights from the Conference

Abubakar Bagudu, Minister of Budget and Economic Planning, pledged to integrate NES into government programmes like the Renewed Hope Ward Development Programme.

Alhaji Idi Mukhtar Maiha, Minister of Livestock Development, described the livestock sector as “Nigeria’s next crude oil” and promised collaboration with NES on diversification.

Prof. Adeola Adenikinju, NES President, reaffirmed the society’s commitment to bridging research and policy.

Dr. Eric Kehinde Ogunleye of the African Development Bank urged greater investment in people alongside reforms.


The event was attended by senior government officials, academics, lawmakers, and representatives from the Central Bank of Nigeria.

Shettima Hails Tinubu’s Bold Economic Reforms, Urges Africa to Embrace Structural Transformation Vice President Kashim Shettima has praised President Bola Tinubu’s administration for demonstrating “uncommon political will” in implementing bold reforms to tackle Nigeria’s economic challenges. Speaking at the 66th Annual Conference of the Nigerian Economic Society (NES) in Abuja, Shettima described Tinubu as a leader with a listening ear whose approach continues to inspire hope amid economic hardship. “Nigeria is not exempt from Africa’s economic tragedies. But our silver lining is the listening ear of President Tinubu. Under his leadership, this administration has embarked on bold and inevitable reforms to address structural weaknesses that others only paid lip service to. These reforms are painful but necessary—like surgery that cures a malignant disease. The wounds are temporary, but the recovery is permanent,” Shettima said. The Vice President acknowledged the hardship accompanying the reforms, alongside global economic pressures, but stressed that the government has introduced investment-friendly policies and social protection programmes in key sectors like transportation, healthcare, and education to cushion vulnerable citizens. He further emphasized the need for Africa to embrace the knowledge economy and structural transformation to combat poverty and unemployment: “We live in a world where a citizen in Daura can offer services to a corporation in Dallas without leaving his bedroom. To catch up, Africa must reinvent its human capital and reverse unemployment. Poverty must be confronted head-on if this continent’s promise is to be realized.” Shettima also noted that global challenges such as supply chain disruptions, energy transition, and artificial intelligence, though often seen as threats, present opportunities for Africa’s economic renewal. Other Highlights from the Conference Abubakar Bagudu, Minister of Budget and Economic Planning, pledged to integrate NES into government programmes like the Renewed Hope Ward Development Programme. Alhaji Idi Mukhtar Maiha, Minister of Livestock Development, described the livestock sector as “Nigeria’s next crude oil” and promised collaboration with NES on diversification. Prof. Adeola Adenikinju, NES President, reaffirmed the society’s commitment to bridging research and policy. Dr. Eric Kehinde Ogunleye of the African Development Bank urged greater investment in people alongside reforms. The event was attended by senior government officials, academics, lawmakers, and representatives from the Central Bank of Nigeria.
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