We will not take shortcuts to revive the economy – Shettima

Vice President Kashim Shettima yesterday said President Bola Tinubu’s administration will not take shortcuts in its bid to ensure Nigeria’s economic recovery.

He said the President, in choosing a path that promises to save Nigeria from economic decline, made difficult but necessary decisions to ensure long-term stability and prosperity.

The Vice President said this at the first edition of the Asiwaju Scorecard Series, organized by the All Progressives Congress (APC) Professionals Forum in Abuja.

Represented by his Acting Special Adviser General Dr Aliyu Moddibo Umar, Shettima said the removal of fuel subsidy was done to redeem the reality of the nation’s unsustainable debt service-to-income ratio, which had grown to alarming levels. in recent years. years.

He said: “In our pursuit of economic recovery, we must recognize that we are not here to take shortcuts. The path we have chosen involves necessary sacrifices, but they are essential to ensure a better future for Nigeria. Our economic indicators will improve as we continue to implement our policies and we are confident that significant growth is on the horizon.

“Our interventions to save the nation’s economy have been crucial in combating economic sabotage by identifying individuals and groups who plan these setbacks and benefit from them, whether through monetary manipulation or institutionalized corruption,” he added.

Shettima said the administration was fully aware of the sacrifices that awaited it as it took on the challenge of guiding the nation through the economic storm.

“However, we created companies and expanded the National MSME Clinics. These programs are designed to create more job opportunities and foster economic inclusion.

“Our commitment to education is evident in the launch of the student loan scheme, with the appointment of Mr Jim Ovia to head the Nigerian Education Loan Fund. This initiative will empower our youths and ensure that they have the necessary resources to succeed, and I assure you that there is a policy to offer interventions to vulnerable or disadvantaged Nigerians without discrimination or favouritism,” Shettima said.

The vice president added that the administration was waging a relentless war against corruption with high-profile cases, demonstrating its dedication to this cause.

He said the ongoing digitization of revenue collection, across all government sectors, is expected to yield significant results and improve transparency.

Shettima called for patience and collective efforts by all Nigerians as the government works towards a future of security, prosperity and optimism that serves all.

In his remarks, the APC National Chairman, Dr. Abdullahi Ganduje, said his leadership is focused on ensuring that Tinubu is re-elected, that the party retains and wins in more states after the 2027 elections.

Ganduje said the party, under his leadership, has constituted a reconciliation committee that would reconcile all aggrieved party members, adding that such a committee would be established at the state, local government and district levels.

“We are gradually restructuring our party into a truly progressive grassroots party. We have directed our state chapters to reach out to their respective governors and other stakeholders to ensure that we have functional and full-fledged offices in every political district and state to enable our members across the country to have token representation in their neighborhood.

“This measure will ensure that the party’s activities take place throughout the year and not only during political campaigns and elections. In terms of electronic registration of our members, we have sought three nominations from each senatorial zone in the country for a train the trainer program here in Abuja.

“Subsequently, the program will be formally launched in Niger State, at a date to be announced. The objective of the registration exercise is to have complete data on our membership for planning purposes,” he added.

In his welcome address, the Chairman of the Board of Directors (BoT) of the APC Practitioners Forum, Dr. Isa Yuguda, said Tinubu did not create any of the problems people are talking about, whether in the economy or otherwise. sectors.

“In fact, what he found on the ground would have created a worse situation if it had not been handled properly, but he is advocating for the reforms necessary to pave the way for a better society.

“We all remember that upon assuming office, President Tinubu announced the removal of fuel subsidy, but again, for the avoidance of doubt, he did not remove the PMS subsidy. It was not in the last part of the 2023 budget, but surprisingly the Tinubu administration has had to bear the brunt of the removal of subsidies.

“Let me quickly add that my opposition to the fuel subsidy has been well documented since the Goodluck Jonathan years, when, as chairman of a subcommittee on the economic crisis, we recommended its removal after it was discovered that the scam was being perpetrated in the name of the fuel subsidy. ”He added.