Naira Stabilizing, Food Prices Dropping—Shettima Highlights Tinubu’s Economic Wins

By Achimi Muktar

Vice President Kashim Shettima has declared that the Tinubu administration’s bold economic policies are beginning to bear fruit, citing the stabilization of the naira, falling petrol prices, and a decline in food costs as key indicators of progress.

Speaking at an Iftar (Ramadan fast-breaking) event hosted by President Bola Tinubu for Senate leaders, Shettima emphasized that Nigeria’s economic trajectory is improving, thanks to the government’s courageous reforms.

Economic Recovery in Motion?

According to Shettima, Nigeria’s economy is projected to grow between 4.3% and 4.6% in 2025, a sign that the administration’s policies are setting the country on the right path.

“The economy is on track, and in the fullness of time, posterity will be kind to you, Mr. President,” Shettima stated.

While acknowledging the challenges that have accompanied recent economic measures, the Vice President stressed the importance of political unity in sustaining these reforms. “What unites us supersedes whatever divides us,” he told lawmakers, urging them to rally behind the administration’s vision.

Senators Back Tinubu’s Policies

Senate President Godswill Akpabio praised Tinubu for his leadership, promising greater collaboration between the executive and the legislature.

“The Senate is proud of your achievements, and we remain committed to supporting policies that will move Nigeria forward,” Akpabio assured.

Senator Abdulaziz Yar’adua led prayers for Nigeria’s unity and prosperity, while other top-ranking senators, including Deputy Senate President Barau Jibrin, Senate Leader Opeyemi Bamidele, and Minority Leader Abba Moro, joined in discussions about the country’s economic direction.

Is the Worst Over for Nigerians?

With inflation and economic hardship still affecting millions, Shettima’s remarks signal the government’s confidence that its policies will soon yield more tangible relief. But will Nigerians truly begin to feel the impact of these economic gains? Time will tell.