Connect with us

News

VP SHETTIMA AT NES ANNUAL CONFERENCE: President Tinubu’s Bold Reforms, Proof Of Political Will In Economic Policy

Published

on

VP SHETTIMA AT NES ANNUAL CONFERENCE: President Tinubu’s Bold Reforms, Proof Of Political Will In Economic Policy

*Says, Africa can turn supply chain disruptions, trade protectionism, into opportunities for economic transformation

By: Our Reporter

The Vice President, Senator Kashim Shettima, has said the courageous and unavoidable reforms being undertaken by the administration of President Bola Ahmed Tinubu, which are currently fixing Nigeria’s structural weaknesses, are a proof of the power of political will in economic policy.

Accordingly, he called on African nations to embrace the knowledge economy, saying it is a bridge to transform the continent’s economic growth and development through productivity beyond outdated explanations.

The Vice President who stated this on Tuesday in Abuja during the opening session of the 66th Annual Conference of the Nigerian Economic Society (NES) noted that while Nigeria is not immune to the economic morass Africa had long been enmeshed in, the nation’s comforting prospect is that it currently has a President with a listening ear.

“Nigeria is, of course, not exempt from Africa’s economic tragedies. But our silver lining is the listening ear of His Excellency, President Bola Ahmed Tinubu. Under his leadership, this administration has embarked on bold and inevitable reforms to address structural weaknesses that others before us only paid lip service to.

“These reforms testify to the power of political will in economic policy. Their painful but necessary consequences remind us that a malignant disease can only be cured by painful surgery. The wounds are temporary, but the recovery is permanent,” he stated.

VP Shettima stressed the need for African nations to get rid of the old-fashioned approach to their economy and embrace structural transformation if they must revive human capital challenges and reverse unemployment on the continent.

He said, “We live in a world where a random citizen in Daura can outsource his services to a corporation in Dallas without seeing the inside of a plane or leaving his bedroom. But to catch up with this changing world, Africa must embrace structural transformation that reinvents its human capital and reverses unemployment.

“Poverty must be confronted head-on for the promise of this continent to be realised in the lives of our people. There is no justification for the low per capita income that afflicts our nations amidst the resources at our disposal.”

Senator Shettima observed that though “geopolitical conflicts, trade protectionism, supply chain disruptions, the energy transition, and the disruptive rise of artificial intelligence” may all seem like a threat to the continent’s economy, they are opportunities in disguise.

“They all paint a gloomy outlook. But each threat is also an opportunity in disguise. This is why a society such as yours exists: to light the path of a continent even in the darkest night,” he explained, just as he pointed out it is the mandate that the Annual Conference of the Nigerian Economic Society has been given “to find new pathways to solutions,” while the nation awaits the recommendations.

The Vice President noted while the Tinubu administration did not claim the ongoing reforms would be easy, it has always acknowledged the inflationary impact of the reforms as well as the “spillovers from global crises into our economy,” which explains why President Tinubu “has remained committed to investment-friendly measures and social protection programmes to cushion the vulnerable.

“Policies in transportation, healthcare, and education have been deliberately targeted at reducing inequality because these are the sectors that affect the weakest among us,” he added.

The VP commended the President of the Nigerian Economic Society, Prof. Adeola Adenikinju and his team for challenging the nation “to reflect on what decades of policy failures and vulnerabilities to global risks have created for Africa.

“I urge all participants to take their role in this conference not as a scholarly exercise but as a continental and national assignment—one expected to salvage Africa’s economies from their fragile status,” he further stated.

Earlier, the Minister of Budget and Economic Planning, Abubakar Bagudu, applauded VP Shettima’s significant contributions in the realization of the economic reforms of administration of President Bola Ahmed Tinubu.

Bagudu assured the NES that it will be fully integrated in all of the ministry’s programmes, especially the preparation and implementation of the development plan and the recently approved Renewed Hope Ward Development Programme.

Also, the Minister of Livestock Development, Alhaji Idi Mukhtar Maiha, presented potentials in Nigeria’s livestock sector, estimated at several billions of dollars, offering opportunities for economic diversification.

The Minister expressed readiness to partner with the NES to brainstorm on the “brilliant ideas” needed to implement President Bola Tinubu’s Renewed Hope Agenda for the livestock sector, which he described as “the next crude oil.”

For his part, the President of the NES, Prof. Adeola Adenikinju reiterated the society’s commitment to collaborating with the Tinubu administration to actualise the goal of genuine economic transformation and national development.

He said the NES under his leadership has undertaken reforms aimed at repositioning the body to act as “a bridge between research and policy, a centre for mentoring the next generation of economists, and a trusted partner in Nigeria’s pursuit of sustainable development and Africa’s transformation.”

Highlighting the milestones of his administration, Prof. Adenikinju said under his watch, the NES “established chapters in the across 36 states, FCT and the Diaspora, to ensure national reach and grassroots engagement; Created the NES Women’s Wing and Students’ Wing, to broaden inclusivity and representation,” among others.

He added that the reforms have transformed the society into a modern, inclusive, and globally connected professional body while preserving its core identity as Nigeria’s foremost economic think-tank.

On his part, the Director of the African Development Institute, Dr. Eric Kehinde Ogunleye said the African Development Bank remains committed to the development of Africa and Nigeria, even as he stated that “Nigeria occupies a strategic position in moving the African continent forward.”

Ogunleye commended the Tinubu administration for its bold reforms aimed at achieving structural and economic transformation as well as inclusive growth.

Charging the audience regarding investing in people, he advised: “Let us rethink how we invest in people because these are the people who represent the greatest assets of the continent.”

Other dignitaries who graced the event include the Special Adviser to the President on Economic Affairs, Tope Fasua; Chairman of the Ministry of the Board of Ministry of Finance Incorporated (MOFI), Dr Shamsudeen Usman, Nigeria’s first Professor of Capital Market Studies, Uche Uwaleke; representatives of the Speaker of the House of Representatives, Tajudeen Abass, and the Governor of the Central Bank of Nigeria, Yemi Cardoso.

VP SHETTIMA AT NES ANNUAL CONFERENCE: President Tinubu’s Bold Reforms, Proof Of Political Will In Economic Policy

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Crime

Bandits kill two, injure six in Ikara community attack

Published

on

Bandits kill two, injure six in Ikara community attack

By: Zagazola Makama

Armed bandits have killed two residents and injured six others during an attack on Gidan Duma in Gangarida village, Ikara Local Government Area of Kaduna State.

Zagazola Makama report that the incident occurred at about 12:35 a.m. on Friday.

The source said the gunmen, armed with sophisticated weapons, invaded the residence of one Yakubu Samaila, 37, and abducted him after firing multiple shots.

According to sources , members of the community mobilised in an attempt to rescue the victim, during which Samaila managed to escape with gunshot wounds.

The sources said two other residents Ibrahim Isah, 45, and Solomon Ishaya, were shot and fatally injured during the confrontation.

“Four others, namely Irimiyah Samaila, Halilu Isah, Abel Markus, and Elkana Mohammed, all from Katsinawa village, also sustained various gunshot injuries,” the source added.

The sourcss disclosed that security teams were mobilised to the area and evacuated the injured victims to the hospital for treatment.

Those confirmed dead were certified at the hospital, while the injured are currently receiving treatment at Ahmadu Bello University Teaching Hospital (ABUTH), Zaria.

The source added that intensified operations were ongoing to track down the attackers.

“Investigation has commenced and further updates will be communicated,” he said.

Bandits kill two, injure six in Ikara community attack

Continue Reading

News

Lost Talents on Our Roads: A Call to Remember, Support, and Act

Published

on

Lost Talents on Our Roads: A Call to Remember, Support, and Act

By: Mohamed Malick Fall & Shehu Mohammed

Every day, lives are shattered. Dreams are cut short. Families are left in silence. On our roads, tragedy unfolds, not in distant lands, but in our own streets and communities. Children, young people, parents, neighbours—gone forever.

This is no ordinary loss. This is a pandemic of sorrow. A hidden crisis claiming millions each year. According to the WHO 2023 Global status report on road safety, road crashes claim approximately 1.19 million lives and injure nearly 50 million people annually, with the greatest burden borne by low- and middle-income countries.

In Africa, road traffic remains the leading cause of death among youth aged 5–29, with pedestrians and cyclists among the most vulnerable. Each number is not just a statistic; it is a life, a story, a promise unfulfilled.

On this World Day of Remembrance for Road Traffic Victims, we pause, remember, and mourn. But remembrance is not enough, we must act.

In Nigeria, every life lost on the road is a talent lost to our nation: a young person, a parent, a worker, taken too soon. A quiet room where laughter once lived. A deserted playground.

An empty stage. These are the spaces where absence speaks the loudest.
Road traffic injury is one of the leading causes of death for children and young people; the leaders, innovators, artists, teachers, and builders of tomorrow. When we lose them, we lose potential, progress, and hope.

Too often, our response is muted. Laws are weak, enforcement is inconsistent, and road deaths are treated lightly. A crash is called an “accident,” as if fate alone is to blame. But we know better: these are preventable tragedies. Every crash has a cause. Every injury leaves a mark that can last a lifetime.

We must acknowledge the tireless work of emergency responders, police, paramedics, and doctors. They face heartbreak daily, rushing to scenes of carnage, lifting bodies, comforting the wounded, offering solace where sorrow overwhelms. They are heroes, but even their courage cannot compensate for unsafe roads and broken systems.

The World Day of Remembrance calls on us to Remember. Support. Act. We remember the lives lost. We support those left behind—the families, the injured, and the communities. We act with urgency, compassion, and resolve.

Action begins with awareness. Every road user must understand that safety is a shared responsibility. Roads are not racetracks. Vehicles are not weapons. Speed kills. Distraction kills. Carelessness kills. Respect saves lives.

Action requires enforcement. Traffic laws must be clear, fair, and applied consistently. Speed limits are lifelines. Seatbelts, helmets, and child restraints are shields against death. Every driver, passenger, and cyclist must feel the weight of responsibility.

Action demands infrastructure. Safe roads, clear signs, pedestrian crossings, street lighting, and proper markings save lives. Governments, communities, and civil society must design roads that protect rather than endanger.

Action calls for empathy. Victims and their families deserve support, psychological care, medical aid, legal assistance, compensation, and recognition. The pain of loss should never be deepened by neglect.

On this day, we honor those taken too soon and the resilience of those who survive. We pledge not to let their talents vanish into silence. Their stories will guide us; their memory will drive us to change.

Every life saved is a victory. Every law enforced is progress. Every child protected is a promise kept. We have the knowledge, the tools, and the will. What remains is action; bold, urgent, persistent.

To the families of those lost: your grief is seen. Your sorrow is shared. Your loved ones are not forgotten. Their memory lives in every campaign, every policy, every act of prevention.

To our leaders: the cost of inaction is measured in lives; the cost of indifference, in tears. Invest in road safety. Strengthen laws. Build safer streets. Educate citizens. Every measure matters. Every moment counts.

To every citizen: your choices matter. Your speed matters. Your attention matters. One second of caution can save a lifetime. One act of responsibility can prevent unimaginable pain.

On this World Day of Remembrance, we say again: Remember. Support. Act. Not tomorrow, not later, but today.
Let us turn grief into resolve, loss into action. Roads must become safe again. Talents must not be lost again. Lives must be valued. Families must be spared. Together, we can rewrite the story of our roads.

Remember the lost. Support the living. Act to prevent more heartbreak. Every life matters. Every family matters. Every future matters.
Mr Mohamed Malick Fall is the UN Resident and Humanitarian Coordinator in Nigeria while Mr Shehu Mohammed (mni) is the Corps Marshal/ CEO of the Federal Road Safety Corps (FRSC)

Lost Talents on Our Roads: A Call to Remember, Support, and Act

Continue Reading

News

Army trolls in Adamawa arrest major drug supplier to terrorists

Published

on

Army trolls in Adamawa arrest major drug supplier to terrorists

By: Zagazola Makama

Troops of Operation Hadin Kai (OPHK) have arrested a suspected major drug supplier to Boko Haram and ISWAP terrorists operating across parts of Borno and Adamawa.

The suspect, identified as Zubairu Muhammad, 45, was arrested at about 6:30 a.m. on Tuesday by troops of 232 Battalion (Tactical), Uba, Adamawa State.

Sources told Zagazola Makama that Muhammad is believed to be one of the major suppliers of cannabis sativa and crystal meth (popularly known as ICE) to terrorists through the Askira-Uba, Chibok, Michika and Damboa corridors.

According to the source, the troops recovered 14 blocks of cannabis sativa valued at over N1 million, and 43 grams of ICE, valued at more than N3 million, from the suspect.

He was also found with two Army camouflage T-shirts, which he allegedly used while delivering illicit substances to terrorists.

The source said preliminary investigation had been concluded, and that the exhibits would be handed over to the National Drug Law Enforcement Agency (NDLEA), Yola Command, for further action.

Army trolls in Adamawa arrest major drug supplier to terrorists

Continue Reading

Trending

Verified by MonsterInsights