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Regimes Of Volatile, Unstable Economy Now Over, Says VP Shettima
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
News
Zulum Delivers Relief, Cash Support to 434 Ngoshe Residents Rescued from Boko Haram
Zulum Delivers Relief, Cash Support to 434 Ngoshe Residents Rescued from Boko Haram
By: Our Reporter
Borno State Government has distributed relief materials to 434 indigenes of Ngoshe community in Gwoza Local Government Area who were recently rescued by security agencies after spending three months in Boko Haram captivity.
Governor Babagana Umara Zulum visited the victims in Pulka on Monday and directed the immediate distribution of food and non-food items to support their recovery and reintegration.

In compliance with the Governor’s directive, the Director General of the Borno State Emergency Management Agency (SEMA), Alhaji Ali Abdullahi Isa, promptly supervised the distribution exercise.
Each rescued person received a bag of rice, a bag of maize grits, a mattress, a wrapper, and a shadda, while children received two pairs of clothing.

In addition, 208 heads of households received N50,000 each, fulfilling Governor Zulum’s earlier pledge of financial assistance.
Speaking during the distribution, the SEMA Director General said the intervention was part of the government’s immediate response to ease the hardship faced by the rescued victims.

“I am here at the instance of His Excellency, Governor Babagana Umara Zulum, who was here some few days ago, and to deliver the items he directed that it should be given to you as emergency relief,” Ali stated.
The rescued individuals are currently receiving medical care and psychosocial support at a government facility. Upon completion of the rehabilitation process, they will be reintegrated into their respective communities.
The exercise was carried out alongside the Chairman of Gwoza local government, representatives of the Ngoshe community, and other officials.
Zulum Delivers Relief, Cash Support to 434 Ngoshe Residents Rescued from Boko Haram
News
Democracy Day: Zulum gives 2 MRAPs, other logistics to Army, celebrates with IDPs
Democracy Day: Zulum gives 2 MRAPs, other logistics to Army, celebrates with IDPs
By: Michael Mike
Borno State Governor, Babagana Umara Zulum, marked Democracy Day with the handover of two Mine-Resistant Ambush Protected (MRAP) vehicles and critical logistics to the Nigerian Army, after joining internally displaced persons (IDPs) for a symbolic celebration and distribution of food items to 2,500 beneficiaries.
The armoured MRAPs delivered to the Theatre Command of Operation Hadin Kai on Friday are intended to enhance troop protection against improvised explosive devices (IEDs) and ambushes which remain a persistent threat in the fight against insurgents. Additional logistics include operational Hilux vehicles and motorcycles for frontline soldiers in difficult terrains.
Zulum also marked Nigeria’s Democracy Day celebration with Internally Displaced Persons (IDPs) at the Madinatu camp where he distributed food supplies, non-food items, and cash gifts to thousands of beneficiaries.
The distribution, held at the Madinatu IDP camp, served to consolidate Zulum’s resettlement gains. Over the past seven years, Borno State Government has successfully resettled more than 2 million IDPs in their ancestral communities in a dignified and voluntary manner.
“It gladdens my heart today, the 12th of June, 2026, to celebrate June 12th, Democracy Day, here in Madinatu Camp, the only formal camp that is standing inside Maiduguri Metropolitan Council, today, to the glory of God and the benefit of mankind, for the distribution of food and non-food items. Inshallah, this camp will be closed this year. This will be our last distribution exercise in this camp, or the second to the last,” Zulum said.
However, Governor Zulum used the occasion to announce a timeline for the camp’s closure. The governor ordered that Madinatu camp be shut down within one month, vowing to similarly close most IDP camps across various Local Government Areas in the coming phase of his administration’s resettlement strategy.
“Democracy must translate into restoring the dignity of our people,” Zulum told the IDPs. “Living in camps is not a permanent solution. Our goal remains to return every displaced person to their ancestral homes with security and means of livelihood.”
In addition to the food items, Zulum approved N50,000 each for the 2,500 beneficiaries present at the event.
“Each of the 500 beneficiaries mentioned will receive a 25kg bag of rice and a 25kg bag of sorghum. Women will receive wrappers. I also promise to provide 50,000 naira to each beneficiary. This amount can be credited into their own individual accounts, inshallah,” Zulum said.
The exercise was attended by the APC’s State Deputy Chairman, Garba Mulima, APC State Vice Chairman (Central) Abdur Rahman Abdulkarim, Acting Chief of Staff, Dr Babagana Mallumbe, Member representing Jere at the State Assembly, Abba Kyari Kolo, commissioners and commissioner designates and several other senior government officials.
Democracy Day: Zulum gives 2 MRAPs, other logistics to Army, celebrates with IDPs
News
Gov. Yusuf Commends DSS Over Arrest of Suspected Gun Courier in Kano
Gov. Yusuf Commends DSS Over Arrest of Suspected Gun Courier in Kano
By: Michael Mike
Kano State Governor, Abba Kabir Yusuf, has commended the Department of State Services (DSS) for the arrest of a suspected gun courier intercepted while allegedly transporting weapons believed to be destined for criminal elements in Katsina State.
The commendation was contained in a statement issued by the Governor’s spokesperson, Sunusi Bature Dawakin Tofa, on Thursday, June 12, 2026.

Governor Yusuf described the operation as a major breakthrough in the ongoing fight against banditry, terrorism and other violent crimes threatening communities across Northern Nigeria.
According to information provided by the DSS, the suspect, identified as Muhammad Abubakar, 30, was apprehended in Gezawa Local Government Area of Kano State while allegedly transporting four rocket-propelled grenade (RPG) tubes, three AK-47 rifles and two empty magazines to Funtua in Katsina State.
Preliminary investigations reportedly revealed that the suspect collected the weapons from an individual identified as Bello in the Maigatari border area of Jigawa State and was expected to receive N450,000 upon successful delivery of the arms.
Governor Yusuf praised the professionalism, vigilance and intelligence-driven approach of DSS operatives, noting that the timely interception prevented the weapons from falling into the hands of bandits and other criminal groups.
He said the operation underscored the critical role of intelligence gathering and effective collaboration among security agencies in tackling emerging security threats across the country.
The governor reaffirmed the commitment of the Kano State Government to supporting security agencies through sustained cooperation, logistics assistance and policies aimed at strengthening public safety throughout the state.
He also urged residents to remain vigilant and continue providing credible information to security agencies to aid efforts to combat crime and maintain peace.
Governor Yusuf expressed confidence that ongoing investigations would lead to the arrest and prosecution of all individuals connected to the alleged arms trafficking network.
The statement was signed by Sunusi Bature Dawakin Tofa, Director General, Media and Publicity, Government House, Kano.
Gov. Yusuf Commends DSS Over Arrest of Suspected Gun Courier in Kano
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