Nigeria’s Next Growth Phase Lies With States — VP

Vice President Kashim Shettima has said Nigeria’s next phase of economic growth will be driven largely by state-level development, urging subnational governments to take a more active role in economic planning and investment.

He made the remarks during a policy engagement focused on fiscal federalism and economic diversification. According to him, the federal government alone cannot carry the burden of national development, stressing the need for states to unlock their unique economic potentials.

Shettima noted that agriculture, manufacturing, solid minerals, and digital innovation remain key sectors where states can attract investment and create jobs. He added that competition among states, if properly structured, would accelerate national growth.

The Vice President also encouraged state governments to improve ease of doing business, strengthen infrastructure, and expand partnerships with the private sector. He said the federal government is ready to support reforms that empower states to become economic hubs.

Economists at the event supported the position, arguing that decentralised growth models have proven effective in other emerging economies. They called for stronger coordination between federal and state authorities to avoid policy duplication.

The Vice President concluded that Nigeria’s long-term prosperity depends on how effectively states can translate their resources into productive economic activity.