Connect with us

National News

VP SHETTIMA TO HARVARD ALUMNI: President Tinubu Has Proved His Leadership Mettle

Published

on

VP SHETTIMA TO HARVARD ALUMNI
: President Tinubu Has Proved His Leadership Mettle

** Says we’re exploring alternative energy sources, investing in green technology to transform lives of Nigerians

By: Our Reporter

The Vice President, Senator Kashim Shettima, has said President Bola Ahmed Tinubu has proved his mettle as a courageous and decisive leader through bold and hard policies, including the removal of subsidy on petroleum products, which are gradually transforming Nigeria into one of the largest economies in the world.

He assured, however, that measures being put in place to address the challenges caused by the subsidy removal such as alternative energy sources, and investment in green technology will soon improve the living standard of Nigerians.

The Vice President stated this on Tuesday when he received a delegation from the Harvard Kennedy School Alumni on a Nigeria-Ghana Trek at the Presidential Villa, Abuja.

Fielding questions from the Harvard students alongside the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, and the Special Adviser to the President on Energy, Mrs Olu Verheijen, VP Shettima noted that President Tinubu is a good leader who is burning in an unquenchable desire to make Nigeria work.

He stated: “When we assumed the mantle of leadership, the greatest albatross around the neck of the Nigerian government over the past 50 years had been subsidy on petroleum products. We came to a point where we either get rid of the subsidy or the subsidy will get rid of the Nigerian nation.

“So, my boss (President Tinubu) took the bullet, and we knew that if we failed to address the fuel subsidy scam within the first three weeks of the administration, we wouldn’t dare to do that again. In his inaugural address, he took the bullet and announced the removal of the fuel subsidy. And we should know the consequences of unveiling a masquerade; they came after us. We stood our ground and the fuel subsidy was gone.”

On measures being taken so far to ease the hardship caused by subsidy removal, the Vice President noted that apart from the social palliatives, the administration is exploring alternative energy sources.

“We are investing massively in green technology – electric buses, electric cars and electric tricycles. Just two weeks ago, the Federal Executive Council approved an expenditure of N158 billion for the procurement of those items for the North East and it will be replicated in other sub-regions of the country,” he said.

Senator Shettima also said the realignment of the multiple exchange rate was another bold decision by President Tinubu which saved the country from corruption in the foreign exchange market.

“There was no need for you to work. If you had contacts, if you had goodwill in the Central Bank, they could allocate $50 million to you at the official exchange rate, which was around N300-N400 to the dollar, you could make a premium of N300 from the black market without lifting a finger. You can make $30 million within a week or two.

“Our fiscal policy, our tax reforms, are also a very monumental decision by the government of President Bola Ahmed Tinubu. Some of the decisions were very hard decisions. As I said, leadership is not a popularity contest. If you want to be popular, be a nice man, Bola Tinubu may not be a nice man but he is a good leader, and that is what leadership is all about. And we have to make this country work.”

The Vice President urged the delegation to ignore the negative narratives about Nigeria and focus on the development strides of the government.

Earlier, while introducing the delegation from the Harvard Kennedy School Alumni, leader of the group, Sheffy Kolade, said she represented a group of four West Africans who had invited fifty of their colleagues and friends on a Nigeria-Ghana Trek so as to move from curiosity on the outfit, colour of the skin, to learning where exactly Nigeria, the most populous black nation in the world, is heading.

She explained that a lot of the Harvard students have taken courses on Africa, African policies, and history, adding that the visit to the Vice President of Nigeria would give them first hand information about the programmes and policies of government and the path of progress the country is going, given the current trends in the West and how Nigeria is responding to the changing relationship dynamics in the world.

According to her, the delegation also wants to know how Nigeria is positioning itself and how it is transitioning from being an emerging economy to a self-sufficient emerging leader.

Also fielding questions bordering on trade policies, subsidy, energy, and security, among others, the Minister of Trade, Industry and Investment, Dr. Oduwole stated that Nigeria is leveraging on the trade policy with WTO, with a particular focus on the African Continental Free Trade Area.

She said Nigeria is pushing for export diversification away from oil and gas, stressing that though much of her earnings come from it, priority now is on technology which attracts about 70% of the GDP.

Also answering questions about government policies and the direction of the economy, the Minister of Finance and Coordinating of the Economy, Mr. Edun said over the last twenty months under the leadership of President Tinubu, Nigeria has made significant progress from where the economy was physically collapsing.

He said, “Today, there is stability in all sectors of the economy due to timely and sound policies, reduction in frivolous spending, removal of petroleum subsidy that was draining the government of up to 5% of the GDP and drawing from the Central Bank far beyond the limits.”

He said the inflation figure recently announced showed that inflation is falling, exchange rate is stable, the price of food items is lower, the prices of energy, petroleum products are lower, while the fiscal deficit shows there is commitment to prudence by the government.

On her part, the Special Adviser to the President on Energy, Mrs Olu Verheijen, thanked the Harvard alumni, noting that their visit was what they envisioned when they formed the group about 20 years ago.

She said on the energy sector, there had been a lot of structural reforms, adding that even though the sector is less than 10% of the GDP, the country relies on it for foreign exchange earnings and fiscal income.

She noted that one of the policy thrust of the Tinubu administration is that energy becomes an enabler for diversification of the economy and associated income in order to trigger more productivity and income from other sectors of the economy.

“Aside from the removal of subsidy, the idea is that across the value chain, we undertake reforms that allow capital to flow and form around opportunities not only in Nigeria but also look through how we aggregate markets across the region and supply energy not only to Nigeria but across the region as well,” she stated.

VP SHETTIMA TO HARVARD ALUMNI
: President Tinubu Has Proved His Leadership Mettle

Continue Reading
Click to comment

Leave a Reply

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

National News

PRESIDENT TINUBU CHANGES SERVICE CHIEFS

Published

on

PRESIDENT TINUBU CHANGES SERVICE CHIEFS

By: Our Reporter

President Bola Tinubu has made changes in the hierarchy of the Service Chiefs in furtherance of the efforts of the Federal Government of Nigeria to strengthen the national security architecture.

The President appointed General Olufemi Oluyede to replace General Christopher Musa as the new Chief of Defence Staff. The new Chief of Army Staff is Major-General W. Shaibu. Air Vice Marshall S.K Aneke is Chief of Air Staff while Rear Admiral I. Abbas is the new Chief of Naval Staff.

Chief of Defence Intelligence Major-General E.A.P Undiendeye retains his position.

The President, Commander-in-Chief of the Armed Forces, expresses most profound appreciation to the outgoing Chief of Defence Staff, General Christopher Musa and the other Service Chiefs for their patriotic service, and dedicated leadership.

The President charges the newly appointed Service Chiefs to justify the confidence reposed in them to further enhance the professionalism, vigilance and comradeship that define the Armed Forces of Nigeria.

All appointments take immediate effect.

PRESIDENT TINUBU CHANGES SERVICE CHIEFS

Continue Reading

National News

Nigeria-Germany Trade Volume Hits €3 billion – Envoy

Published

on

Nigeria-Germany Trade Volume Hits €3 billion – Envoy

By: Michael Mike

Nigeria-Germany trade volume has hit an all-time high of €3 billion, the German Ambassador to Nigeria, Annett Gunther said on Thursday

The envoy who addressed a press conference in Abuja said the 30% increase could be attributed to Nigeria’s economic recovery.

Gunther who called the press conference ahead of the joint Nigerian-German binational commission scheduled for Berlin, in German, noted that Nigeria remains “Germany’s second biggest trading partner in Sub-Saharan Africa with a total trade volume of 3 billion Euros,” adding that: “Trade volumes have increased this year by 30% due to Nigeria’s economic recovery.”

The envoy equally revealed that more than 90 German companies are active in the country, “indirectly creating about 17.000 jobs in Nigeria.”

Gunther also told journalists that good times between both countries were not over, promising Nigerians that more investments are on the way, especially in the energy and the pharmaceutical sectors.

She revealed that in the energy sector, the Presidential Power initiative is now in the second phase.

She said: “This cooperation with the German energy giant Siemens will add about 7 Gigawatts to Nigeria’s Energy Grid. Secondly, the German –Nigerian cooperation in the Gas sector, eliminating gas flaring and improving Nigeria´s CO2 footprint.”

The envoy revealed that the relationship has also improved in the area of Visa and Migration as no fewer than 7,600 visas were issued to both students and short term stay, adding that plans were already in place to increase the number.

Gunther said: “All the common goals and projects would not work if they were not supported by travels on all levels between our two countries, plus legal migration. Last year alone, the German Embassy here in Abuja and the German Consulate General in Lagos granted around 1400 long-term visas for purposes such as study in Germany, family reunion and employment as well as around 6200 visas for short-term stays such as business and tourism.

She revealed that: “This year, we are well on track to raise those numbers,” stating that:
“The German missions remain committed to furthering the bilateral relations by granting visas to properly documented applications.”

She also assured that in the area of military cooperation, Germany will continue to stand by Nigeria.

She said: “This year marked a new chapter: the launch of our first Bilateral Annual Programme, bringing military experts from both countries together for in-depth exchanges and joint planning.

“Through the Bundeswehr Advisory Group, Germany has been a reliable partner — supporting Nigeria with field medical expertise and counter-IED operations, car mechanical training and other interventions.

“And we’re not stopping here. Germany will continue to stand with Nigeria in the fight against terrorism.

“Next month, we’ll take this cooperation to the next level: for the first time, high-level military staff talks will take place in Abuja, opening the door to even closer collaboration in the future.”

She also revealed other areas of cooperation which includes support for the Nigeria police force and the drug enforcement agency amongst others.

In the area of stabilization efforts at containing impacts of terrorism and climate change, the envoy said: “Germany is supporting the development of resilient state institutions and the strengthening of local communities.”

She said focus are on the North East (Borno, Adamawa, Yobe) and the North West (Zamfara, Sokoto, Katsina), “where initiatives such as the reconstruction of schools, health centres, markets, housing, and police stations are improving both security and daily life for local people.”

Nigeria-Germany Trade Volume Hits €3 billion – Envoy

Continue Reading

National News

NEC Endorses President Tinubu’s Proposal To Revamp Training Institutions For Security Agencies Nationwide

Published

on

NEC Endorses President Tinubu’s Proposal To Revamp Training Institutions For Security Agencies Nationwide

*Constitute committee to oversee overhaul of training facilities

*Okays anticipatory action framework to prevent riverine flooding across 36 states

*As VP Shettima urges states to align with President’s growth targets

By: Our Reporter

The National Economic Council (NEC) has endorsed President Bola Ahmed Tinubu’s proposal for the overhaul and revamp of training institutions for security agencies nationwide.
The President’s proposal followed a presentation made to Council by the Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, on the realisation of President Tinubu’s vision for a trillion-dollar economy, which also highlighted the necessity of investing more in security by the three tiers of government.

At its 152nd meeting held at the Presidential Villa, Abuja, NEC constituted a committee chaired by Enugu State Governor, Peter Mbah, to oversee the process of overhaul of training institutions for security agencies across the country.

The committee has a one month period to produce a blueprint for the renovation of training institutions for the Nigeria Police Force and sister agencies nationwide.
Addressing members of the Council, President Tinubu highlighted the need for government to fix training institutions and facilities for security agencies across the country, assuring that his administration would make concerted efforts to reverse the dilapidation in police training facilities nationwide.

“We have to make the conditions of the training facilities more conducive for both the trainers and trainees,” he said.
Other members of the NEC committee are Governors Uba Sani of Kaduna, Dapo Abiodun of Ogun, Kefas Agbu of Taraba, Umoh Eno of Akwa Ibom, Dauda Lawal of Zamfara, and Abdullahi Sule of Nasarawa, with former Inspector General of Police (IGP), Baba Usman, as secretary.

Also, President Tinubu urged state governors to also pay attention to issues that affect the wellbeing of the people particularly from the grassroot.

Earlier, Chairman of NEC, Vice President Kashim called on state governments to translate the optimism of the streets into real prosperity in homes and communities.

In his opening address, the Vice President Shettima reminded state governors that the measure of governance lies in the tangible improvement of citizens’ lives rather than rhetoric.

“The measure of government is not in speeches delivered; it is in the lives improved,” the Vice President said.

Highlighting one of the day’s major presentations, including the Anticipatory Action Framework for Riverine Flooding by the Office of the National Security Adviser (ONSA), VP Shettima reiterated the administration’s shift from reactive crisis management to proactive planning.

“It is no longer in doubt that rivers that once sustained our farmlands and livelihoods have also been the source of recurring tragedy for many of our citizens.

“Entire communities have watched their dreams drown in waters that could have been tamed through foresight and planning. True leadership anticipates danger and builds systems to prevent loss before it happens,” he said.

He commended the National Security Adviser, Malam Nuhu Ribadu, for leading the charge toward disaster preparedness across the federation, noting that the framework will strengthen early warning systems, coordination mechanisms, and subnational response capacities.

The Minister of Budget and Economic Planning, Sen. Abubakar Atiku Bagudu presented a NEC memorandum outlining Nigeria’s trajectory toward a $1 trillion economy by 2033, describing the target as a test of coordination and clarity.

According to the Vice President, “This ambition requires coordination across the federation. It is our duty as a Council to interrogate the pathways, to assign responsibilities, and to ensure that our targets are realistic, time-bound, and transparent to the citizens who expect results.”

He emphasised that the roadmap aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises macroeconomic stability, job creation, food security, and subnational competitiveness as anchors of national prosperity.

Senator Shettima also commended the Katsina Sustainable Platform for Agriculture (KASPA), a state-driven digital agriculture model designed to modernise service delivery and improve farmers’ access to data, markets, and climate information.

“Earlier this week, at the invitation of His Excellency, Governor Dikko Umaru Radda, I was in Katsina State. One of the progressive projects we launched is the Katsina Sustainable Platform for Agriculture, known as KASPA. It is a scalable framework for digital governance, farmer inclusion, and climate-smart productivity ready for sub-national adoption,” the Vice President said.

The platform, he noted, reflects the Council’s broader commitment to technology-enabled governance and inclusive agricultural growth that cuts across the thirty-six states and the FCT.

“The story of Nigeria’s recovery will not be written by chance but by choice—by the deliberate actions we take to protect our economy, safeguard our environment, and uphold the welfare of our citizens,” he said.

VP Shettima commended governors, ministers, and members of the Council for sustaining the NEC as a platform of trust, cooperation, and policy innovation.

Other highlights of the meeting are as follows:

NEC (6TH IN 2025) 153RD MEETING, THURSDAY, 23RD OCTOBER, 2025.

PRESS BRIEFING:

UPDATE ON ACCOUNT BALANCES AS AT OCTOBER, 2025

EXCESS CRUDE ACCOUNT – $535,823.39

STABILIZATION ACCOUNT – N87,665,172,169.67

NATURAL RESOURCES ACCOUNT – N141,585,815,908.16

UPDATE ON NEC AD-HOC COMMITTEE ON POLIO ERADICATION BY THE CHAIRMAN, ALH. MUHAMMAD INUWA YAHAYA, EXECUTIVE GOVERNOR OF GOMBE STATE

Chairman of the Ad-Hoc Committee briefed Council that since its inauguration, the Committee has convened four times (June–October 2025), strengthening political commitment and coordination.

That Epidemiological data show continued progress, with cVPV2 cases dropping by 44% from 109 in 2024 to 61 in 2025. Kano and Katsina achieved major reductions (89% and 88% respectively). However, Sokoto, Zamfara, and Kebbi reported new cases (8, 4, and 2), highlighting the need for ongoing vigilance. Gombe remains free of new cases.

That recent In-Between Round Activities (IBRA) led to significant gains:
i. Settlements reached rose from 77% in August to 97% in September.

ii. Vaccine coverage in insecure areas reached 90% across key states.

iii. The first phase of the National Integrated Campaign (launched by the First Lady on 6 Oct 2025) was conducted in five high-burden states, reaching 60% of settlements and vaccinating 73% (Polio) and 57% (Measles-Rubella) of targeted children as of 12 October 2025.

iv. The second phase began on 18 Oct 2025 in Gombe, continuing integrated vaccination efforts.

Current activities and next steps

  1. The nationwide Integrated Campaign commenced on 6th October 2025 is ongoing across five states — Kano, Katsina, Kebbi, Sokoto, and Zamfara.
  2. The Integrated Campaign delivers a comprehensive health package, including Measles-Rubella and Polio vaccines, Seasonal Malaria Chemoprevention (SMC), and Neglected Tropical Disease (NTD) interventions.

Council Resolution:
i. Council urged state governments to ensure release of funds to their structures to improve statewide immunization exercise.

ii. The NEC urged sustenance of momentum to reduce polio infection and spread thereby safeguarding every Nigerian child.

PRESENTATION ON KATSINA SUSTAINABLE PLATFORM FOR AGRICULTURE (KASPA) BY SSAP INNOVATION NASIR YAMMAMA

The National Economic Council received a presentation on the Sustainable Platform for Agriculture by the SSA to the President on Innovation, Nasir Yammama. The presentation was on the Katsina Sustainable Platform for Agriculture (KASPA) as a model for adoption by sub-nationals and part of solutions to challenges militating against improved agricultural productivity and sustainability in Nigeria.

The SSAP said the model which focuses on empowering smallholder farmers and developing the agribusiness value chain leverages technology to provide farmers with integrated agriculture assistance, including extension services and market linkages.

Council Resolution:

Council commended the innovation to deploy technology in addressing challenges faced by farmers across Nigeria and urged state governments to replicate the model in the bid to unlock the full potential of agricultural production regions across the country.

Council also directed the Ministry of Agriculture and Food Security to capture in its 2026 budget, the establish of the agriculture data and control centre in the 6 geopolitical zones of the country.

UPDATE ON THE NATIONAL ECONOMIC COUNCIL AD-HOC COMMITTEE ON CRUDE OIL THEFT PREVENTION AND CONTROL PRESENTED BY THE CHAIRMAN, SEN. HOPE ODIDIKA UZODINMA, GOVERNOR OF IMO STATE.

The Committee updated Council that it has met several times and Members have formed a common front to fight Oil Theft in Nigeria. Some Critical Stakeholders in the Industry were invited for discussions to extract very important information that will further the assignment of the Committee. The Committee also met with the Regulator NNPC, and some operators in the industry. Our determination to raise oil production is informed by the Nation’s quest for a One Trillion US Dollar Economy by the year 2030.

NEXT STEPS
Below are the next steps the Committee intends to undertake:

A. Obtain and analyze some important information/data from critical stakeholders to further assist its assignment.

B. Resolved to provide logistics support to outstanding States, Security Agencies and relevant Agencies in securing National Oil and Gas Assets.

C. Embark on physical visits by the Committee to all the Crude Oil Export Terminals

D. Carry out further Forensic Investigation

E. Periodically monitor the implementation of activities outlined in the workplan

Council Resolution:

Council commended the committee for a job well done and urged concerted efforts to improve crude production beyond the 1.72 million barrel per day and directed the committee to expand the scope of its work to cover illegal mining activities and theft of mineral resources across the country.

Council also noted that Nigeria is on course to hit 2.5 million barrels day by end of 2025.
End

Continue Reading

Trending

Verified by MonsterInsights