TINUBU’S REFORMS CREATING RIGHT ENVIRONMENT FOR INVESTMENT — SHETTIMA 13-05-25
By Sadiq Aminu The Vice President of Nigeria, Senator Kashim Shettima, says the foundation laid by President Bola Tinubu through the Renewed Hope Agenda, with critical reforms in key sectors of the economy, is creating an enabling environment for investment in the country.
Senator Shettima made this known while receiving a delegation from the Islamic Development Bank (IsDB), led by the Head of its Regional Hub, Mr Hammad Hundal, on a courtesy visit to the Presidential Villa.
He emphasised that with carefully considered interventions in human capital development, nutrition, agriculture, health, education, and the promotion of digital trade, the current administration has demonstrated its commitment to addressing challenges in vital sectors.
“This administration is determined to tackle the issues confronting us in key areas such as human capital development, financial inclusion, infrastructure, and nutrition. In fact, we have no choice but to confront these challenges head-on, and we will continue to move in the right direction,” he stated.
In a statement signed by the Senior Special Assistant to the President on Media and Communications (Office of the Vice President), Stanley Nkwocha, Senator Shettima urged the IsDB to maintain its support for key government programmes such as; the Special Agro-Processing Zones (SAPZ) initiative, the i-DICE project, and other strategic efforts, like the development of a Halal economy in Nigeria.
In his earlier remarks, Mr Hundal reaffirmed the bank’s commitment to enhancing its support through a comprehensive review of its Country Engagement Framework (CEF) in Nigeria. This, he said, aims to align with President Tinubu’s national development priorities.
He identified the bank’s key focus areas in Nigeria as economic infrastructure, private sector support, energy security, and continued backing for the i-DICE programme.
A highlight of the meeting was the presentation of the IsDB’s Country Engagement Framework to the Vice President by its Country Economist, Dr Obioma Asuzu.
Dr Asuzu noted that the CEF outlines broad strategic objectives, including fostering economic recovery, reducing poverty, enhancing resilience, and promoting green economic growth.
She added that the framework is guided by Nigeria’s national priorities, robust partnerships with key stakeholders, and effective resource mobilisation.