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Regimes Of Volatile, Unstable Economy Now Over, Says VP Shettima

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Regimes Of Volatile, Unstable Economy Now Over, Says VP Shettima

*Says President Tinubu working hard to tickle down macroeconomic gains to the people

*Declares open Digital Nigeria International Conference and Exhibition 2025 in Abuja

By: Our Reporter

The Vice President, Senator Kashim Shettima, has said the administration of President Bola Ahmed Tinubu has succeeded in putting an end to the regimes of volatility and unpredictability that once characterised Nigeria’s economy.

According to him, global economic uncertainties, “shocks, shifting alliances, and the rapid displacement of traditional jobs by emerging technologies” have compelled the administration to act daringly.

The Vice President, who stated this on Tuesday in Abuja when he declared open the Digital Nigeria International Conference and Exhibition 2025, noted that the ongoing reforms undertaken by the Tinubu administration are already stabilising the economy, just as they have inspired investor confidence and attracted commendation from independent observers.

Citing Fitch upgrade of Nigeria’s sovereign rating to B with a stable outlook, and Moody’s lifting of the nation’s issuer rating to B3 with a stable outlook as instances of the global acclaims the country is getting, VP Shettima said “the world is taking note of the steady course the nation is maintaining.

“What this Administration has achieved is to end the regimes of volatility and unpredictability that once defined our economy. The phase before us now is to ensure that these macroeconomic gains trickle down to the people, from the kiosks of our neighbourhood traders to the boardrooms of our multinational corporations.

“We did what we have done because we can no longer apply 20th-century solutions to 21st-century problems,” he declared, even as he expressed delight with the conference and exhibition, saying it is an “affirmation of innovation for a sustainable digital future that accelerates growth, inclusion, and global competitiveness.”

Senator Shettima observed that the vision of the conference and exhibition with the theme, “Innovation for a Sustainable Digital Future: Accelerating Growth, Inclusion, and Global Competitiveness,” aligns perfectly with President Tinubu’s economic reform agenda because the future the administration is building “is one where the young Nigerian takes the front seat, sits at the decision-making table, and has a voice in shaping our destiny.”

The VP stated that the watchword for Nigeria’s long-term stability is digital, noting however that the nation must set its priorities right if it “must move beyond the “quick wins” of simple apps to building deep-tech solutions that address foundational challenges in agriculture, health, logistics, and governance.

“We need a digital ecosystem that works as seamlessly in Lagos as it does in Abuja, in Port Harcourt, in Kano, in Gusau, and across every corner of our nation. The digital success we seek is one where the farmer in Bida can access real-time market data to sell his harvest at a fair price, where a young woman in Oguta can work remotely for a global company because she has connectivity and the skills to compete. That is the inclusive growth President Tinubu envisions,” he added.

The Vice President pointed out that Nigeria cannot keep lamenting its “absence at the table in the previous Industrial Revolutions” when the current digital wave has offered the nation “a redemptive opportunity to define its own “terms in the next chapter of global progress.

“And at the forefront of this ambition stands a man of a thousand visions, the progressive leader we are fortunate to have as President of this beloved nation at a time that demands reformers and patriots, His Excellency, President Bola Ahmed Tinubu, GCFR,” he maintained.

Senator Shettima outlined three pillars on which the strategy adopted by the Tinubu administration rests to include “People, Infrastructure, and Policy.”

On People, he said, “We are building a holistic pipeline of digital talent, integrating digital literacy into school curricula, promoting inclusion through the Digital Literacy for All (DL4ALL) initiative to digitise the informal sector, and developing world-class expertise through the 3 Million Technical Talent (3MTT) programme.”

He continued: “On Infrastructure, we are constructing the broadband “superhighway” that powers a digital economy. Through projects like Bridge and 774, we are ensuring high-speed connectivity so that a startup in Gusau enjoys the same access as one in Lagos.

“On Policy, we are creating an enabling environment that encourages innovation. The success of our cashless reforms has positioned Nigeria as one of the most dynamic fintech ecosystems in the world.”

The VP disclosed that the administration was already in the advanced stages of passing the National Digital Economy and e-Governance Bill into law, saying “just as the cashless policy unlocked the fintech revolution, this new Bill will unlock the GovTech revolution, an era of smarter governance, greater transparency, and inclusive service delivery.”

He solicited the support of the private sector, including economic experts, stating that the government cannot achieve its goal without them, just as he described them as the pillar of the nation’s digital economy, as well as “the innovators, the disruptors, the dreamers who turn possibilities into progress.”

Earlier, the Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, said enabling digital policies being implemented by the Tinubu administration are on course to boost the country’s digital infrastructure.

He invited relevant stakeholders to use the platform to deepen collaboration so that Nigeria can stand as a global model for technology adaptation for shared prosperity.

For his part, the Director-General of NITDA, Kashifu Inuwa Abdullahi, applauded the Vice President for his support, commitment, and for always championing the cause of Nigerian youths, noting that such inspirational leadership is deeply rooted in President Tinubu’s Renewed Hope Agenda.

He assured that the collective ambition of the Federal Government, which is to engage the youth and provide platforms that empower them to solve the nation’s challenges, will continue to be pursued to fruition.

In the same vein, the CEO of the Nigeria Data Protection Commission (NDPC), Dr. Vincent Olatunji, acknowledged the increasing adoption of technology, particularly the use of multiple devices by the global population, highlighting the huge socio-economic potential of the global digital economy.

He emphasized the need for Nigeria to take its rightful place in the digital sector, noting that there is a need to harness the country’s digital potential through collaboration, interaction and innovation.

Regimes Of Volatile, Unstable Economy Now Over, Says VP Shettima

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Zulum moves to resettle Konduga IDPs in four months

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Zulum moves to resettle Konduga IDPs in four months

By: Bodunrin Kayode

Borno State Governor, Professor Babagana Zulum, has announced the planned closure of Konduga internally displaced persons (IDP) camp within the next four months.

This follows the successful closure of Bama IDP camp, the largest displacement facility outside the state capital and the planned shutdown of Gwoza camp.

Speaking to newsmen during a recent visit to the camp, Zulum, however, stressed that the relocation is entirely voluntary and no one will be forced to resettle where they are not willing to go.

The Governor has consistently maintained that returning to ancestral homes or other areas of choice must be based on the displaced persons’ expressed willingness.

He said, “We are not carrying out the resettlement process immediately; we are here to discuss with the IDPs so that in the next four months they will be resettled in a dignified manner. I believe you heard from the IDPs that they are willing to return home. Return shall be voluntary, not by force”.

During his visit to Konduga, Governor Zulum inspected resettlement houses currently under construction in Amarwa and later proceeded to Maiwa in Mafa LGA. The Amarwa resettlement city, for which the governor had earlier laid the foundation, is being built to shelter displaced persons living in camps.

In Maiwa, the state government is constructing massive housing units as part of the ongoing resettlement programme. The resettlement houses are equipped with public facilities like a primary healthcare centre, a water facility, and other basic amenities.

Zulum was accompanied by the member of the House of Representatives, Engr Bukar Talba; the Member of the House of Assembly for Konduga, Hon. Bukar Modu; the Commissioner for Local Government and Emirate Affairs, Sugun Mai Mele; and other senior government officials.

Zulum moves to resettle Konduga IDPs in four months

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Zulum Announces Closure of Konduga IDP Camp as Borno Accelerates Resettlement Drive

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Zulum Announces Closure of Konduga IDP Camp as Borno Accelerates Resettlement Drive

…Inspects ongoing housing projects in Amarwa, Maiwa

By: Michael Mike

Borno State Governor, Professor Babagana Zulum, has announced plans to close the Internally Displaced Persons (IDP) camp in Konduga Local Government Area as part of efforts to accelerate the state’s ongoing resettlement programme.

The move comes shortly after the successful closure of the Bama IDP camp, which was the largest displacement camp outside Maiduguri, as well as preparations for the shutdown of the Gwoza IDP camp.

Governor Zulum, who disclosed the plan during a visit to Konduga, said the resettlement of displaced persons would be carried out in a dignified and voluntary manner, stressing that no resident would be forced to return to any location against their will.

The governor said the government would engage with the displaced communities before the process begins, noting that the return of IDPs must be based on their readiness and willingness.

“We are not carrying out the resettlement process immediately; we are here to discuss with the IDPs so that in the next four months they will be resettled in a dignified manner. I believe you heard from the IDPs that they are willing to return home. Return shall be voluntary, not by force,” Zulum said.

During the visit, the governor inspected ongoing construction work at the Amarwa resettlement city, where housing units are being developed for displaced families. The project, which was earlier inaugurated by the governor, is designed to provide a permanent settlement option for residents currently living in camps.

Governor Zulum also visited Maiwa in Mafa Local Government Area, where the state government is constructing additional housing units under its resettlement initiative.

The housing projects include essential social infrastructure such as primary healthcare centres, water facilities and other basic amenities aimed at ensuring sustainable living conditions for returnees.

The Borno State Government has continued to prioritise the rebuilding of communities affected by years of insurgency, with the closure of IDP camps forming part of a broader strategy to restore normalcy, rebuild livelihoods and support the safe return of displaced residents.

Governor Zulum was accompanied on the inspection tour by the member representing Bama/Ngala/Kala-Balge Federal Constituency in the House of Representatives, Engr. Bukar Talba; the Konduga State House of Assembly member, Hon. Bukar Modu; Commissioner for Local Government and Emirate Affairs, Sugun Mai Mele; and other senior government officials.

Zulum Announces Closure of Konduga IDP Camp as Borno Accelerates Resettlement Drive

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Troops Arrest Two Suspected Terrorist Informants, Cattle Rustlers in Yobe Market

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Troops Arrest Two Suspected Terrorist Informants, Cattle Rustlers in Yobe Market

By Zagazola Makama

Troops of Operation HADIN KAI have arrested two suspected terrorist informants and cattle rustlers during a joint operation with local hunters at the Buni Yadi Friday Market in Gujba Local Government Area of Yobe State.

Military sources told Zagazola Makama that the operation was carried out at about 2:00 p.m. on July 24 by troops of 27 Task Force Brigade in conjunction with members of a hunters’ group acting on intelligence.

The suspects were identified as Muhammadu Sani, 32, from Mainahari in Biu Local Government Area of Borno State, and Buba Umaru, 40, from Garin Jauro in Fune Local Government Area of Yobe State.

According to the sources, the operation turned violent when one of the suspects attacked a member of the hunters’ group with a cutlass while resisting arrest.

The hunter sustained severe head injuries during the attack and was immediately attended to, while the troops overpowered and apprehended the suspects.

Preliminary investigations revealed that Muhammadu Sani confessed to serving as a logistics supplier and informant for Boko Haram terrorists for nearly seven years.

He also admitted to leading terrorists to the residences of two local residents, where the insurgents successfully rustled cattle during separate attacks.

Military sources said the confession is expected to assist ongoing intelligence efforts aimed at dismantling terrorist support networks operating within communities across the North-East.

The two suspects are currently in the custody of 27 Task Force Brigade and are undergoing further investigation to determine the extent of their involvement in terrorist logistics, intelligence gathering and cattle rustling activities.

Security officials said the arrest underscores the critical role played by local intelligence and collaboration between troops and community-based security groups in identifying individuals who provide logistical support and operational information to terrorist elements.

They added that troops of Operation HADIN KAI will continue to target terrorist collaborators, informants and logistics networks as part of ongoing efforts to deny insurgents the local support structures that sustain their operations across the North-East.

Troops Arrest Two Suspected Terrorist Informants, Cattle Rustlers in Yobe Market

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