Vice President Kashim Shettima has once again doubled down on the Tinubu-led administration’s economic direction, insisting that all the bold decisions, including subsidy removal and FX unification, are part of a long-term recovery plan for Nigeria.
During a courtesy visit at the Presidential Villa by members of NACCIMA (Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture), Shettima made it clear that the current administration is not just making random moves. According to him, President Tinubu’s reforms are targeted at stabilising Nigeria’s economy and giving private businesses the needed room to thrive.
He even added—“I plead guilty to romancing with the private sector,” referring to his active support for business owners and manufacturers. Shettima believes this collaboration is what transformed countries like Korea, and it’s Nigeria’s turn.
Fuel Subsidy: “The Oil Cabal Fought Back”
In his own words, Shettima hailed Tinubu’s boldness in removing the fuel subsidy, describing it as a move others didn’t dare to make. He claimed the so-called “oil cabal” fought back, but President Tinubu stood firm “in the interest of the people.”
Omo, if this is true, then e no easy at all. That oil cabal matter? Na serious fight behind closed doors.
Private Sector Gets a Seat at the Table
On the other side, NACCIMA’s National President, Mr. Jani Ibrahim, applauded Shettima’s economic leadership. He praised the VP’s active role in key institutions like the National Economic Council (NEC) and PEBEC, while calling for regular engagement between government and the private sector.
He also proposed biannual consultations with the VP’s office and the inclusion of business leaders in high-level councils focused on trade, industry, and SME growth.
