Vice President Kashim Shettima says Nigeria is working again, stressing that the economic reforms of the President Bola Tinubu administration are now yielding positive returns for the country.
Shettima stated this at the Nasarawa Economic Summit 2026, where he said the bold economic reforms of Tinubu have resulted in improved investors’ trust in the country’s economy.
The Vice President highlighted some of the reforms implemented by the current administration, including the removal of the fuel subsidy.
According to him, the decision to stop petrol subsidy payments was not part of Tinubu’s official speech but an on-the-spot decision as he delivered his address following his swearing-in in 2023.
“Some of the economic decisions that the presidency took were almost inevitable because even our national reserves were paltry and not even enough to import fuel for one month.
“But he never ran to town with the story of bankruptcy, as he knew the effect of such on the economy.
“He took the bold decision. The removal of the fuel subsidy was not part of his official speech. He kept it close to his heart. Either he took it there, or he might never take it again.
“And now, our gross external reserves, which were above $46 billion in 2025, have been recovering,” he said.
