Nigeria on the path to economic recovery – VP Shettima

Timothy Choji, Abuja

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Vice President Kashim Shettima says the Nigerian Government, under the leadership of President Bola Ahmed Tinubu, is on the path to economic recovery and has so far taken bold decisions that would, in the long run, change the nation’s economic fortune.

This, he notes, is the reason behind the present administration’s determination to ensure youth empowerment and human capital development.

The Vice President stated this on Monday when he received the management of the National Institute for Security Studies (NISS) led by the Commandant, Ayodele Adeleke, at the Presidential Villa in Abuja.

He assured them that President Tinubu’s administration is determined to bequeath a country that is firmly on the path of prosperity.

The NISS delegation was at the Presidential Villa to present to the Vice President the report of a study conducted by 86 participants in the institute’s Executive Intelligence Management Course (EIMC) 16 with the theme, ‘Globalisation and Regional Economic Integration: Implications for Sustainable Development in Africa’.

The Vice President commended the faculty and members of the EIMC 16 for their efforts, noting that the recommendations of the study align with the perspectives of the current administration, especially the “Advocacy for investing in ICT and infrastructure development.”

On the theme of the EIMC 16 research study, the VP said, “It is very apt, especially given the circumstances we have found ourselves in on the African continent. We are challenged from all angles – cyber-terrorism, human and drug trafficking, money laundering, transnational extremism and banditry, and the challenges of climate change.”

Diversification 

On the need to diversify the economy away from Oil, VP Shettima noted that in the next 20 to 30 years, oil may not be as valuable as it is today.

“Our only luck and happiness is that we are largely a gas nation. But our most important resource is our human capital which we need to harness. We have to invest in education. I believe that with the right infrastructure and qualitative leadership, we can transform this nation,” he stated.

The Vice President further noted that with the right leadership at all levels of governance, the country’s growing population can be harnessed and positively deployed to transform the economy.

He stated: “Let us create jobs, engage the youths; let us invest in their education. All these challenges of terrorism and banditry will be contained but the fundamental question is the quality of leadership.” 

Earlier in his speech, the commandant of the institute, Ayodele Adeleke, thanked President Tinubu for his commitment to excellence and a sense of responsibility since he assumed office.

The Commandant called on African economies to invest in ICT infrastructure as a key driver for economic growth, while investing in research and development.

EIMC is designed to provide strategic-level security/intelligence officers, as well as top-level management, with the requisite skills to handle their positions and contribute positively to the implementation of national security policies and national development.

The participants for EIMC 16 were drawn from 35 agencies in Nigeria and four other African countries of Chad, The Gambia, Niger and Rwanda.

 

 

 

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