Economic Hardship: Saboteurs Working Against Us, Says VP Shettima

In a recent conference, Nigeria’s Vice President, Kashim Shettima, shed light on the challenges faced by the country’s economy and the government’s efforts to revamp it.

He accused some individuals of sabotaging the nation’s progress and highlighted the actions being taken by the administration to address these issues.

VP Shettima revealed that the government is saving N1 trillion monthly since coming to power.

He accused some people of working against the government’s efforts to improve the economy, including smugglers and politicians.

The Federal Government plans to audit the N23 trillion Ways and Means to ensure the government is not paying for funds it did not spend.

The Ministry of Finance Incorporated (MOFI) launched a N100 billion project preparation fund to stimulate investments in Nigeria.

The government is working to make the Nigerian business space more attractive to investors by eliminating unnecessary taxes.

During his speech, VP Shettima emphasized that the country is facing economic hardship due to the actions of saboteurs, but assured that the administration is taking steps to address these challenges.

He mentioned the interception of 45 trucks loaded with maize being smuggled to a neighboring country, which led to a drop in the price of maize by N10,000.The government is working to improve the Nigerian business environment by eliminating unnecessary taxes and making it more attractive to investors.

The Nigerian National Petroleum Corporation Limited has been asked to increase oil output to boost oil revenue.

The N100 billion project preparation fund launched by MOFI aims to stimulate investments in the country.

VP Shettima’s speech at the Public Wealth Management Conference shed light on the economic hardships faced by Nigeria and the government’s efforts to address these issues.

While some individuals are working against the country’s progress, the administration is taking steps to improve the economy, attract investments, and increase revenue.