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AT 2ND CHRONICLE ROUNDTABLE:
AT 2ND CHRONICLE ROUNDTABLE:
- President Tinubu Taking Wise, Statesmanly Decisions – Assures VP Shettima
- Lists subsidy removal, other policies as options taken to save Nigeria
- Says nation’s economy will witness positive changes after the sacrifices
By: Our Reporter
Again, Vice President Kashim Shettima has implored Nigerians to be patient with the administration of President Bola Ahmed Tinubu as he steers the ship of state through the economic turbulence and storm he met on ground on assumption of office.
“Soon, Nigeria’s economy will experience significant growth once we’ve overcome these sacrifices. Positive changes will soon be evident across all economic indicators – inflation, per capita income, GDP numbers, poverty reduction, food security, and all aspects close to the hearts of our people,” he declared.
Senator Shettima made the appeal on Thursday during the 2nd Chronicle Roundtable organized by 21st Century Media Services, publishers of 21st CENTURY CHRONICLE, as part of its public service enlightenment series, at Ladi Kwali Hall, Abuja Continental Hotel, Abuja.
The Vice President who was the Guest Speaker at the roundtable explained some key policy decisions taken by the Tinubu administration as well as its Economic and Social Agenda, including the removal of subsidy on petroleum products, which he described as the ‘biggest elephant in the room’ before President Tinubu took charge.
Appealing for patience and time to address the serious challenges he said they met on ground, especially the nation’s ailing economy which was already tottering towards an eclipse, Shettima said, “We look forward to the positive impact on the economy that will be brought by some of our new initiatives in the oil and gas sector, creative arts sector, the newly rejigged steel and solid minerals sectors, our housing sector, the blue economy, and the digital sectors, to mention but a few.
“There is no doubt that there’s a time to plant and a time to reap. In between those times, we appeal for patience and seek collective sacrifice from all, especially from us. We wish there were a way to treat this ailment without surgery”.
While delivering his speech titled, “Because These Shortcuts Are Not The Right Ways,” the VP noted that though the decision to remove fuel subsidy was quite tough considering its negative impact on the lives of the citizens, it became an inevitable option when it was discovered that the immediate past administration of former President Muhammadu Buhari did not make provision for it in the 2023 budget.
He explained: “His Excellency, President Bola Ahmed Tinubu, chose the option that would save the life of the nation, instead of one that would merely prolong its imminent and predicted economic death. Before we took charge, the biggest elephant in the room was the question of fuel subsidy removal.
“We understood why our predecessor made the decision to remove it and refused to budget for it in their final fiscal year. The year before we took office, Nigeria’s debt service-to-revenue ratio had grown to 111.8%. The anticipated debt crisis may sound like fancy economic jargon to the man on the street, but you and I are in a better position to understand how such miscalculations have played out in other countries. It’s an economic death sentence.
“In plain terms, our debt servicing was such that if you earned, say, N100,000, the entirety of the money wasn’t only paid to your debtor; you were forced to borrow an additional N11,800 to pay the debtor. How do you intend to survive this, and how many more loans before you become a pariah?
“We are not even discussing the nation’s budget deficits, diversions of resources from critical sectors of the economy, and corruption masterminded in the subsidy regime.”
Acknowledging that government is a continuum, the VP said whoever had “succeeded the previous government would have either chosen to steer the ship through the storm as President Tinubu is doing or jumped ship and let the country implode.”
He observed that those who contested the presidency with President Tinubu did not feel morally justified to question the decision to remove fuel subsidy because it was part of the solutions they also tabled before Nigerians.
“This was because, whether in handling the subsidy matter or the forex crisis, they had also promised the solutions we had adopted. Those who attempted to eat their words were instantly proven wrong by data, history, and their antecedents—those emotionless reality checkers,” he pointed out.
Senator Shettima regretted that for long Nigeria had endured economic sabotage, leading to the resolve by Governor of the Central Bank of Nigeria, Mr. Yemi Cardoso, and the National Security Adviser, Malam Nuhu Ribadu, “to take matters into their hands to neutralise the overpowering influence of currency manipulators who had conspired to frustrate our reforms.
“Today, I stand proud to say that their interventions have translated into desired results, and Naira’s pushback against all odds is an inspiring journey that doesn’t have to be learned in Buenos Aires, as some would want us to do,” he added.
Earlier in his opening remarks, chairman of the Ministry of Finance Incorporated and former Finance Minister, Dr Shamsudeen Usman, praised the content of the Renewed Hope Agenda of the Tinubu administration, describing it as one of the most detailed and carefully crafted policy document in the history of the country.
He stressed the need for the Renewed Hope Agenda document to be reviewed and integrated into the medium and long-term development framework of the country, noting that policy consistency with a long-term vision to transform critical sectors of the economy, is the way to go.
Dr Usman also commended the administration’s establishment of a central coordination delivery unit to track the performance of programmes, policies and key interventions of the Federal Government, insisting that the monitoring of key performance indicators in the policy document was critical to the success of the government.
On his part, the CEO of 2nd Chronicle Newspaper, Malam Mahmud Jega had while welcoming guests to the event, said the need to critically analyse government policies and programmes was not just an expectation from the media but indeed borne out of the necessity to collectively contribute in shaping the nation’s development trajectory.
Also present at the event were the Minister of Information, Alhaji Mohammed Idris; Special Adviser to the President on Political Matters, Dr Hakeem Baba Ahmed; Chairman of 21st Century Chronicle, Amb. Gbara Awanen; notable leaders in the media industry, Dr Ishaq Moddibo Kawu; Mallam Garba Shehu; Mr Segun Adeniyi, and Malam Mahmud Jega, among others.
AT 2ND CHRONICLE ROUNDTABLE:
News
Youth Exclusion Could Derail Development Goals, UN Issues Urgent Warning
Youth Exclusion Could Derail Development Goals, UN Issues Urgent Warning
By: Michael Mike
A senior United Nations official has issued a strong warning that governments and institutions risk deepening instability and policy failure if they continue to sideline young people, insisting that meaningful youth inclusion is now a critical condition for peace, stability, and sustainable development.
Speaking in Abuja at an interactive session with youth, the United Nations Assistant Secretary General for Youth Affairs and Head of UN Youth Affairs, who is currently on an official visit to Nigeria, Mr. Felipe Paullier, said global institutions are failing to evolve at the pace required to match today’s rapidly changing realities, particularly the demographic shift driven by an unprecedented youth population.
The event, themed “Open-Door Youth Engagement,” convened youth-led organizations, young women’s groups, youth peacebuilders, innovators, students, young professionals, persons with disabilities, and underserved youth communities for an interactive dialogue with representatives of the Government and the United Nations.
According to Paullier, young people now represent the largest, most educated, and most interconnected generation in history, especially in developing countries like Nigeria. However, this demographic advantage is being undermined by persistent gaps in access to quality education and limited opportunities for meaningful participation in governance.
He noted that: “Engaging young people in policy is not just an option—it is a condition if we want to achieve peace, stability, and effective solutions.”
He said the UN acknowledged a growing disconnect between policy formulation and real-world impact, describing the process of closing this gap as complex but urgent.
He admitted that while global frameworks exist, including the United Nations Sustainable Development Goals (SDGs) and youth-focused strategies, implementation at the national level remains inconsistent.
LHe emphasized that governments must move beyond rhetoric and adopt clear, actionable commitments that integrate youth voices into decision-making processes.
He said central to this effort is the UN’s broader development roadmap, which includes commitments to embed youth participation not only at global levels but also within country-level governance and policy execution.
Addressing concerns over the sustainability of policies, he warned that many initiatives fail because they are not designed to endure or adapt over time. The solution, the official argued, lies in institutionalizing youth engagement rather than treating it as a temporary or symbolic exercise.
He noted that nearly half of the world’s population under 30, and significantly higher percentages across Africa, the stakes are even higher for countries on African continent.
He said: “Youth engagement should not be seen as a project—it must be embedded at the heart of governance, financing, and development planning.”
The UN also called for increased investment in youth-driven innovation, noting that young Nigerians are already transforming sectors such as agriculture, technology, and the creative economy through ingenuity and entrepreneurship.
Youth Exclusion Could Derail Development Goals, UN Issues Urgent Warning
News
Nigeria’s Skills Crisis Deepens as Government, Experts Push Urgent Overhaul of Technical Education
Nigeria’s Skills Crisis Deepens as Government, Experts Push Urgent Overhaul of Technical Education
By: Michael Mike
Growing concerns over Nigeria’s widening skills gap took centre stage in Abuja on Wednesday, as education stakeholders warned that the country risks undermining its industrial ambitions without a radical overhaul of its technical training system.
At a high-level session of the BEAR III Programme convened by United Nations Educational, Scientific and Cultural Organisation (UNESCO), the Federal Ministry of Education Nigeria acknowledged that current training models are failing to keep pace with the rapidly evolving demands of industry—particularly in agro-processing, a sector seen as critical to job creation and economic diversification.
Director of Technology and Science Education, Mrs. Patricia Ogungbemi,, delivered a blunt assessment: Nigeria is producing graduates who are increasingly disconnected from the realities of modern workplaces.
While investments in infrastructure and technology have grown, she warned that the human capacity needed to drive those systems remains weak.
“There is a dangerous mismatch between what is taught and what is required,” she said. “Machines are evolving, industries are advancing, but the workforce is not keeping up at the same speed.”
Ogungbemi pointed to emerging trends such as automation, smart packaging, and sustainable production systems, noting that many Technical and Vocational Education and Training (TVET) institutions have yet to integrate these realities into their curricula.
She described the ongoing Labour Market Analysis (LMA) as a critical diagnostic tool, but stressed that data alone would not solve the problem without decisive policy action and sustained funding.
“What we are confronting is not just a training issue—it is a structural challenge that affects productivity, competitiveness, and national growth,” she added.
The warning comes amid rising youth unemployment and growing frustration among employers who say graduates often lack practical, job-ready skills.
Stakeholders at the event argued that unless Nigeria urgently retools its education system to prioritise hands-on, industry-driven learning, sectors like agro-processing—despite their vast potential—may struggle to absorb the millions entering the labour market each year.
Kano State Commissioner for Education, Ali Makoda, reinforced the urgency, describing work-based learning as a “non-negotiable pathway” to addressing the crisis.
According to him, states are beginning to recognise that traditional classroom models alone cannot solve unemployment challenges.
“We must embed learning within the workplace,” he said. “The future of education is not just in classrooms, but in factories, farms, and production lines.”
Makoda said Kano State is scaling up partnerships with industry players to ensure students gain real-world experience before graduation, aligning training with both national development goals and global standards.
Despite these commitments, participants acknowledged persistent obstacles, including underfunded institutions, outdated equipment, and weak collaboration between academia and industry.
They also stressed the need for stronger private sector involvement, arguing that employers must play a more active role in shaping curricula and offering apprenticeship opportunities.
With support from international partners, including the Government of the Republic of Korea, the BEAR III initiative is expected to drive reforms in skills development, particularly in agriculture-linked industries.
However, observers said the success of such programmes will ultimately depend on Nigeria’s willingness to translate policy discussions into concrete, system-wide change.
As deliberations continue, one message remains clear: without a skilled workforce aligned to industry needs, Nigeria’s economic aspirations may remain out of reach.
Nigeria’s Skills Crisis Deepens as Government, Experts Push Urgent Overhaul of Technical Education
News
FG Vows to Amplify Women’s Voices, Push for Gender Equality in Leadership
FG Vows to Amplify Women’s Voices, Push for Gender Equality in Leadership
By: Michael Mike
The Federal Government has renewed its pledge to safeguard women’s and girls’ rights, promising to expand their influence in Nigeria’s leadership and development sectors.
Speaking at the annual Renewed Women’s Voice and Leadership (RWVL) planning meeting, organized by ActionAid Nigeria in partnership with Global Affairs Canada, Minister of Women Affairs, Imaan Sulaiman-Ibrahim, emphasized that the government will intensify collaborative efforts to ensure women gain greater access to leadership roles, productive assets, and socio-economic opportunities.
Represented by Ebele Obiefuna, the Minister lauded ActionAid’s role in strengthening women’s organizations and driving empowerment programs nationwide. “We value this partnership and reaffirm our commitment to initiatives that create lasting impact for women across Nigeria,” she said.
Highlighting government support, Minister of Budget and Economic Planning Abubakar Bagudu, represented by Mrs. Tonia Okangbe, assured participants that ministries would back programs advancing women’s leadership and rights.
ActionAid Nigeria Country Director, Dr. Andrew Mamedu, revealed that RWVL is entering its second phase, building on successes that have strengthened women’s political participation, advocacy, and socio-economic influence. He stressed that the initiative is designed to ensure that women’s voices are not only heard but shape decision-making processes at all levels.
“This is about more than programmes,” Mamedu said. “It’s about creating a future where women’s leadership is visible, respected, and transformative for communities across Nigeria.”
The meeting signals a renewed focus on closing gender gaps in leadership, empowering women economically, and ensuring that their contributions to governance and society are recognized and amplified.
FG Vows to Amplify Women’s Voices, Push for Gender Equality in Leadership
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