Vice President Kashim Shettima has defended the economic reforms of President Bola Ahmed Tinubu’s administration, arguing that the President deserves commendation rather than condemnation for the steps taken to reshape the Nigerian economy.
Shettima made the remarks while defending the government’s reform agenda and highlighting what he described as progress resulting from the administration’s economic policies.
The Vice President’s comments come amid continued public debate over the effects of the reforms on Nigerians, particularly the cost of living and household purchasing power.
Shettima defends economic policies
The Tinubu administration has implemented major reforms since taking office, including the removal of petrol subsidy and changes to the foreign exchange system.
The government has argued that the measures were necessary to address structural weaknesses in the economy, improve government finances and create conditions for sustainable growth.
However, the reforms have also generated significant public criticism because of their impact on inflation, transportation, food prices and the broader cost of living.
VP highlights reform agenda
Shettima maintained that the government’s economic direction should be assessed against its broader objectives and the results being recorded.
The Vice President’s defence reflects the administration’s continued effort to explain and justify its economic policies amid criticism from opposition politicians and other stakeholders.
The government has repeatedly argued that the initial difficulties associated with the reforms are part of a transition towards a more sustainable economy.
Debate over impact continues
Critics of the administration maintain that Nigerians are bearing a heavy burden from the reforms and have called for stronger measures to cushion their effects.
The Presidency, however, continues to defend the policies and insist that the reforms are intended to establish a stronger foundation for long-term economic growth.
The debate over whether the reforms should be praised or criticised is expected to remain a major political issue ahead of the 2027 general election.