Tinubu Saved Nigeria From Economic Collapse - VP Shettima
Shettima said fuel subsidy removal and exchange-rate unification kept reserves from collapse, while the government plans 10,600 electric tricycles and other relief measures.
- On Saturday in Lagos, Vice President Kashim Shettima defended President Bola Tinubu's economic reforms, claiming they prevented Nigeria from sliding into a deeper crisis and saved the country from economic collapse.
- Nigeria's foreign reserves stood below $3.9 billion when the administration assumed office, a shortage Shettima described as insufficient to import fuel for even one month.
- However, opposition leaders Atiku Abubakar of the African Democratic Congress and Peter Obi of the Nigeria Democratic Congress faulted the administration, arguing Nigerians face worsening poverty, hunger, and insecurity.
- Defending the policy shifts, the Vice President credited Tinubu's "courage and conviction" for major structural changes, specifically citing the removal of the fuel subsidy and unification of multiple exchange rates.
- In the coming weeks, the government will launch 10,600 electric tricycles for the North-East and 300 buses and e-taxis to ease transportation pressures and ameliorate citizens' suffering.
10 Articles
10 Articles
Tinubu Took Bold Decisions To Prevent Nigeria’s Economic Collapse - Shettima — Akelicious
Vice President Kashim Shettima has defended President Bola Tinubu’s economic policies, saying the administration inherited an economy that was on the verge of collapse and had to take difficult decisions to prevent a deeper crisis. Speaking during an interview with Western Times on October 3, Shettima said Nigeria’s foreign reserves stood at about $3.9 billion […]
Shettima to Nigerians: Tinubu saved the economy, be generous to this poor man
Vice-President Kashim Shettima has urged Nigerians to be “generous” towards President Bola Tinubu, saying the president took difficult decisions to save the country from economic collapse. Shettima spoke in Lagos on Saturday after meeting with Tinubu, who returned to Nigeria from his annual vacation a few days ago. The vice-president said he and Tinubu were in regular contact throughout the president’s time abroad. “We are quite thrilled th…
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