Vice President Kashim Shettima has said the sweeping reforms introduced by President Bola Ahmed Tinubu are courageous and inevitable.
He said they showed a clear demonstration of the President’s political will in addressing Nigeria’s longstanding structural weaknesses.
Shettima spoke at the opening session of the 66th Annual Conference of the Nigerian Economic Society (NES) yesterday in Abuja.
He said the administration remained committed to steering the economy onto a path of sustainable growth, despite the short-term hardships associated with the reforms.
In a statement by the Senior Special Assistant to the President on Media and Communications in the Office of the Vice President, Stanley Nkwocha, VP Shettima said: “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.”
The Vice President urged African nations to embrace the knowledge economy as a bridge to productivity and human capital development.
“We live in a world where a random citizen in Daura can outsource his services to a corporation in Dallas without leaving his bedroom.
