Tinubu's economic reforms to strengthen Nigeria's economy - Shettima

Vice President Kashim Shettima emphasized that the reforms introduced by President Bola Tinubu's administration are aimed at strengthening Nigeria's economy for the long-term benefit of its citizens.

Shettima made these remarks during the launch of the Outsource to Nigeria Initiative (OTNI) in Gombe on Monday.

He praised Tinubu as a skilled economic strategist who comprehends the delicate balance between Nigeria's current challenges and the evolving global scenario. 

Shettima emphasized that the current administration's tough decisions are being made with the goal of ensuring Nigeria's economic prosperity.

Shettima said the challenges being experienced as a result of the reforms were short-term.

He said, “Our routes to the future hinge upon our sensitivity to our realities.

“The tough decisions we have taken may pose short-term challenges, but rest assured, it is a strategic investment to fortify the foundations of our economy.

“The reforms in progress will not only weather the storms but usher in a future where we shall stand grateful for the resilience and foresight displayed in propelling our nation towards economic prosperity.”

On the Outsource to Nigeria Initiative, Shettima said that it symbolised a pivotal collaboration between the public and private sectors.

According to Shettima, the partnership aims to create millions of job opportunities and propel Nigeria’s business process outsourcing (BPO) and IT-enabled services sectors into unprecedented growth.

“OTNI is here to connect global companies with the abundant talents and capabilities inherent in Nigeria.

“This initiative marks a strategic leap forward, positioning Nigeria as an emerging outsourcing powerhouse ready to make an indelible mark on the global economic landscape.

“Nigeria is fortified by a colossal talent pool exceeding 200 million people and complemented by competitive labour costs, an evolving ICT infrastructure, unwavering government support, and a strategic location in proximity to European markets,” he said.

The vice president urged state governments to embrace the OTNI to create jobs for millions of youths across the country and achieve Tinubu’s mandate of prioritising job creation.