Nigeria’s Economy Is Stable Again – Vice President Shettima Declares as Reforms Begin to Yield Results
Nigeria’s Vice President, Kashim Shettima, has declared that the nation’s economy is back on the path of stability, following months of economic reforms and renewed fiscal discipline under the leadership of President Bola Ahmed Tinubu.
Speaking at a recent public event in Abuja, Shettima expressed optimism about the country’s economic recovery, stating that the government’s tough decisions are now yielding positive results. According to him, the economic reforms, though initially painful, have strengthened Nigeria’s fiscal framework, boosted investor confidence, and created new opportunities for sustainable growth.
“Nigeria’s economy is stable again. We are seeing progress across major sectors — from agriculture to manufacturing, and from oil to digital innovation. This administration is fully committed to long-term stability and prosperity,” Shettima said.
He highlighted key achievements such as the stabilization of the naira, gradual decline in inflation rates, and increased foreign direct investments (FDI). The Vice President also emphasized that the government’s Renewed Hope Agenda is not just about recovery but about creating a resilient economy that benefits every Nigerian.
Economic observers have noted improvements in macroeconomic indicators, crediting the federal government for its pragmatic approach to fiscal management. They also acknowledged ongoing efforts to strengthen local industries and reduce dependence on imports.
Shettima reaffirmed that the administration would continue to work closely with both local and international partners to maintain economic stability, improve infrastructure, and ensure that Nigerians experience real change in their living conditions.
As reforms continue to take root, analysts predict a more robust and diversified economy capable of driving inclusive growth and development across Nigeria.
