Vice President Shettima Calls for Government to Address Economic Concerns

Vice President Kashim Shettima has urged the Federal Government to pay more attention to the concerns of Nigerians regarding ongoing economic reforms. He believes that building public confidence is crucial and can be achieved through clear communication and evidence of progress. Shettima made these remarks on Thursday at The Duke’s Masterclass 2026 event in Abuja, where he was represented by his Special Adviser on Economic Affairs, Dr. Tope Fasua.

Shettima stressed that the success of the government’s economic policies relies not just on their implementation but also on showing real results and addressing the challenges faced by citizens. He defended the economic reforms introduced by President Bola Tinubu, which include removing petrol subsidies and liberalizing the foreign exchange market. He described these changes as necessary to fix long-standing economic issues and boost Nigeria’s productivity.

However, he noted that simply announcing these policies is not enough. The government must also ensure that the public understands them and has confidence in their execution. Shettima challenged professionals and the elite to recognize the difficulties that ordinary citizens face and to help explain the goals of the reforms in a constructive manner.

He emphasized that constructive criticism and public participation are vital for good governance and the sustainability of economic policies. Shettima also highlighted the need for leaders to be flexible in their approach, adjusting policies based on evidence and changing economic situations.

Addressing the challenges posed by technology, he warned that misinformation can spread quickly through social media, which can harm public trust. He called for better verification of information and for institutions to communicate accurately and transparently.

Shettima identified several sectors, including banking, agriculture, and the creative industry, as areas with potential for investment and job creation. However, he acknowledged that issues like unreliable electricity and insecurity need to be addressed to fully realize these opportunities.

In conclusion, he urged that economic opportunities should be extended to women, youth, and rural communities to foster a more inclusive economy.