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VP Shettima Says Nigeria Must Transform Debt Into Economic Asset
VP Shettima Says Nigeria Must Transform Debt Into Economic Asset
By: Our Reporter
Vice President Kashim Shettima has inaugurated the Supervisory Board of the Debt Management Office (DMO) as part of efforts by the Federal Government to strengthen fiscal and monetary policy coordination and ensure long-term debt sustainability in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda.
Speaking during the Meeting of the Board on Wednesday at the Presidential Villa, the Vice President who is also Chairman of the Board charged the members to come up with a more strategic approach to public debt management.

He noted that Nigeria must continue to use public debt as a vehicle for the development of critical infrastructure and tool for economic growth and poverty reduction.
“With prudent management, debt can be transformed into an asset for economic growth and poverty reduction. Our goal must be to formulate policies, regulations, and guidelines for the DMO, with a view to achieving long-term debt sustainability for our country,” the VP stated.

VP Shettima explained that this approach aligns with the Renewed Hope Agenda of President Bola Ahmed Tinubu’s administration, which prioritizes fiscal discipline, economic stability, and sustainable development.
He stressed that borrowing, when applied prudently, could serve as a catalyst for economic growth rather than a financial liability.
“As you all know, public debt, if prudently applied, becomes an asset for economic growth and poverty reduction. However, recent realities in our economy call for stronger coordination between our fiscal and monetary policies,” he said.
The Vice President commended President Bola Ahmed Tinubu for his economic reforms, acknowledging the President’s dogged efforts towards reforming the Nigerian economy.
He also praised the Minister of Finance and Coordinating Minister of the Economy and the DMO leadership for their untiring efforts in the day-to-day management of the nation’s sovereign debt portfolio.
“I want to commend the dedication of our leader, President Bola Ahmed Tinubu, GCFR, in his dogged efforts towards reforming our economy. I applaud the Honourable Minister of Finance and the Coordinating Minister of the Economy, and the DMO Management, for their untiring efforts in the day-to-day management of our sovereign debt portfolio,” he said.
The Vice President also noted Nigeria’s recent success in the global financial market on the issuance of a $2.2 billion double-tranche Eurobond, which he described as a testament to investor confidence in the country.
“I also use this opportunity to congratulate them and other members of the Nigerian delegation for a successful outing in the recent $2.2 billion double-tranche Eurobond issuance. The over-subscription rate of the bonds showed an impressive appetite for our country’s sovereign instruments in the global capital market.
Other members of the Board are Minister of Finance and Coordinating Minister for the Economy, Wale Edun (Vice Chairman); Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (member); Special Adviser to the President on Economic Matters, Dr. Tope Fasua (member); Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso (member); Accountant-General of the Federation (OAGF), Dr. Oluwatoyin Sakirat Madein (member), and Director-General of the Debt Management Office, Patience Oniha (Secretary).
VP Shettima Says Nigeria Must Transform Debt Into Economic Asset
News
2027: Constituents declare support for Tinubu, Goje’s re-election
2027: Constituents declare support for Tinubu, Goje’s re-election
Yamaltu/Deba constituents have declared support for President Bola Tinubu and Senator Danjuma Goje’s re-election ahead of the 2027 General Elections.
Dr Newton Moses, declared the support in a statement read on behalf of the people of Yamaltu/Deba Local Government Area of Gombe State on Friday in Gombe.
Moses said voting for experienced leaders in 2027 remained key to addressing Nigeria’s challenges and delivering dividends of democracy to Nigerians.
He said the group’s decision to support Tinubu and Goje was guided by patriotism, and a sincere desire to see competent, and result-driven leadership that would benefit their constituents and the country.
He said that Goje’s leadership in the past 16 years at the Senate has benefitted the constituents and given effective representation to the people of Akko and Yamaltu/Deba LGAs that make up the district.
He dismissed allegations that the people of Yamaltu/Deba have been marginalised and were demanding the seat to be zoned to Yamaltu/Deba and not Akko where Goje is from.
He said that the constitution did not impose any zoning limitation or tenure restriction on membership in the National Assembly, hence urged those seeking the seat to test their popularity through election.
“We are not part of that group saying Goje should not return to the senate in 2027; that is not the voice of the grassroots from Yamaltu Deba.
“ Goje has, over the years, built invaluable networks and acquired the experience necessary to effectively advocate for the interests of his constituency and contribute meaningfully to national development.
“ By returning Goje to the Senate, Gombe Central stands to gain even more.
“ His established influence will ensure greater access to federal opportunities, increased developmental projects, and stronger representation in critical national decisions,” he said.
The group further advised President Tinubu to stay away from those working to tarnish the good name of Goje, stating that Goje’s influence in Gombe was important for the success of the All Progressives Congress in 2027.
Moses said at a time when Nigeria is focused on economic recovery, institutional strengthening, and inclusive growth under Tinubu, it was imperative that proven leaders like Goje to continue contributing his expertise toward national progress.
2027: Constituents declare support for Tinubu, Goje’s re-election
News
Hope in the Hard Times: Ashlee Momoh Foundation Spreads Easter Joy to Military Widows
Hope in the Hard Times: Ashlee Momoh Foundation Spreads Easter Joy to Military Widows
By Comrade Philip O. Ikodor
The Ashlee Momoh Foundation (AMF), a non-profit organization dedicated to supporting the families of fallen officers, marked the Easter season with a heartwarming outreach to military widows at different locations in Abuja and Nasarawa state, respectively on April 2nd, 2026. This thoughtful initiative was designed to bring joy, hope, and support to the widows of our fallen Military Officers, who have made immense sacrifices for their country.

“Easter is the season of renewal, hope, and the triumph of light over darkness,” Princess Ashlee said. “It reminds us that even after the longest winter, spring arrives and even after the deepest sorrow, there is the possibility of a new dawn.” The outreach was designed to show support and encouragement to the military widows, and to felicitate with them on the occasion of Easter.

Princess Ashlee Momoh reassured the widows that while their loved ones are no longer physically present, their legacy lives on, and AMF is committed to standing with them, supporting them, and celebrating their strength. “Today, we celebrate you, our heroes’ widows, and the sacrifices you’ve made,” she said.
The event was filled with moments of joy and fulfilment, as beneficiaries received gift items, cash gifts, and scholarship opportunities. The Foundation also announced enlistment for skill acquisition and empowerment programs, aimed at equipping the widows with the tools they need to rebuild their lives.

The outreach was a testament to AMF’s unwavering commitment to supporting the families of fallen officers, and its dedication to making a positive impact in the lives of those who have made immense sacrifices for their country. As one beneficiary put it, “This Easter, we’ve received more than just gifts – we’ve received hope, love, and a sense of belonging.”

The Ashlee Momoh Foundation’s Easter outreach was a powerful reminder that even in the darkest moments, there is always hope, and that together, we can overcome any challenge.
Hope in the Hard Times: Ashlee Momoh Foundation Spreads Easter Joy to Military Widows
News
Six die, 12 injured in Kwara road crash
Six die, 12 injured in Kwara road crash
By: Zagazola Makama
Six persons have been confirmed dead and 12 others injured in a fatal road traffic accident along the Okolowo–Jebba expressway in Kwara State.
Police sources said the accident occurred at about 6:00 a.m. on April 2 near Danjuma Bakery area, involving a Toyota Hummer bus and a stationary truck.
According to the sources, the bus with registration number BTR-161-XA was conveying 18 passengers from Lagos State to Katsina State when it rammed into a parked truck with registration number BUU-495-ZD.
The truck was reportedly driven by Kamarudeen Abdullahi, said to be from Jos North Local Government Area of Plateau State.
The impact of the collision resulted in the death of six passengers on the spot, while 12 others sustained varying degrees of injuries.
The injured victims were rushed to the University of Ilorin Teaching Hospital, Oke-Oyi, for medical attention, while the remains of the deceased were deposited in the hospital morgue for autopsy.
Police said investigation had commenced to determine the circumstances surrounding the crash.
Six die, 12 injured in Kwara road crash
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