During a town hall meeting in Abuja organized by the Presidential Enabling Business Environment Council (PEBEC), Vice-President Kashim Shettima highlighted the economic challenges facing Nigeria, noting that they are not unique to the country. Shettima also emphasized the importance of recognizing President Bola Tinubu’s accomplishments during his tenure as the governor of Lagos State and called for fairness in acknowledging his contributions to the country. He urged the people to unite and stand behind him in need of support.
Although the Economy is facing challenges, he questioned whether this issue is exclusive to Nigeria. He encouraged everyone to consider the situation globally. Therefore, he urges people to show compassion towards him. It is undeniable that a strong economy is built on the effectiveness of reforms implemented to provide opportunities for individuals to transform their entrepreneurial visions into successful businesses. Shettima emphasized that PEBEC serves as a facilitator for various ministries, departments, and agencies (MDAs) in explaining his statement.
Agencies and councils must collaborate together.
He emphasized the importance of working together across various agencies and councils, stressing that they must stay focused and united in their responsibilities. In order for PEBEC to thrive in the long run, it must establish a solid foundation for reform capabilities, promote strong teamwork within the government, and prioritize ongoing enhancements. According to Shettima, it is crucial that the existing reforms become deeply embedded in governmental entities. This approach will pave the way for steady advancement and enduring effects that will stand the test of time, leading to a brighter future for Nigeria’s future generations.
He emphasized the importance of citizens taking the lead in driving government policies that support business growth and prosperity. They highlighted the current need for innovative solutions to enhance the business environment. It was also mentioned that Nigeria plays a crucial role in shaping the future of Africa, with a call for collective effort towards achieving common objectives, not just from leaders but from all members of society. Also, Shettima showed disappointment in those who made fun of the president’s health following the incident at Eagle Square in Abuja on May 29, where Tinubu stumbled and fell while trying to climb onto the parade vehicle.
A true leader is defined by their innovative solutions to challenges.
Furthermore, Shettima emphasized that questioning the president’s health status is not discouraged, but there is a concern over the mischievous speculation surrounding it. He highlighted that the focus should be on creating an institution that prioritizes innovative ideas rather than preparing for a sports event like the Olympics. Nevertheless, he challenged the audience to consider his perspective. A true leader is defined by their innovative solutions to a nation’s challenges, not by their physical strength to lift heavy objects like cement bags.
The success and happiness of a country rely heavily on a flourishing and secure economy. By maintaining a strong economic foundation, more job openings become available, living standards improve, and society as a whole experiences growth and advancement. Building a resilient economy involves implementing prudent fiscal and monetary measures, ensuring efficient leadership, dedicating resources to infrastructure, and fostering a favourable atmosphere for businesses. Implementing sound fiscal policies can contribute to financial stability, Inflation control, and reduced public debt.
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Moreover, maintaining a consistent regulatory framework is vital for businesses to thrive and attract investments. This involves upholding property rights, promoting fair competition, and streamlining bureaucratic processes. Infrastructure projects like transportation networks, communication systems, and energy facilities not only create employment opportunities but also boost productivity, decrease expenses, and enhance competitiveness. Also, promoting innovation, entrepreneurship, and skills development can lead to higher Productivity levels, technological advancements, and increased job opportunities, all of which are essential for driving economic growth.