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Shettima

Vice President Kashim Shettima has attributed the growing financial capacity of state governments and increased infrastructure investments across Nigeria to the economic reforms introduced by President Bola Tinubu’s administration.

Shettima said the reforms were expanding the revenue base of state governments, providing them with additional resources to finance critical development projects and improve public services.

The Vice President made the remarks on Wednesday at the All Progressives Congress (APC) presidential campaign rally in Akure, Ondo State, where he highlighted the financial gains recorded by the state under the current administration.

According to him, Ondo State received more than 22 per cent additional revenue from the Federation Account in the first nine months of 2026 compared with the corresponding period in 2025.

READ ALSO: 2027: Shettima Mocks Atiku, Obi Over Leadership Records

He described the increase as evidence that the Federal Government’s economic policies were beginning to strengthen the financial position of subnational governments.

Shettima explained that improved allocations to states could provide greater opportunities for investments in roads, agriculture, electricity, education and healthcare.

He maintained that the reforms were not designed exclusively to improve federal government revenue but also to empower state and local governments with greater financial resources to address development challenges.

The Vice President said stronger state finances were particularly important because state governments remained central to delivering infrastructure and essential services to communities.

He also called for sustained cooperation between the Federal Government and state administrations, arguing that effective coordination would help translate improved revenue into measurable development outcomes.

Ondo State Governor, Lucky Aiyedatiwa, and other APC leaders attended the rally, which formed part of the party’s preparations for the 2027 general elections.

The administration has repeatedly defended its economic reforms, including changes to the foreign exchange system, fuel subsidy removal and revenue distribution, as necessary measures to stabilise public finances and encourage long-term economic growth.

However, the increased allocations have also heightened expectations that state governments should demonstrate greater accountability in the management of public funds.

The challenge for state administrations will be ensuring that additional resources translate into better roads, improved healthcare facilities, quality education, employment opportunities and stronger economic activities.

Shettima’s remarks place the financial performance of states at the centre of the APC’s political argument ahead of the 2027 elections, as the ruling party seeks to convince Nigerians that the benefits of its economic policies are gradually reaching the grassroots.

The Traffic NG
Vice President Kashim Shettima
Amarachi Ihesiulo

Ihesiulo Grace Amarachi is a Nigerian journalist, writer and media professional serving as the Editor-in-Chief of TheTraffic.NG, a digital news platform covering national and international affairs. Her editorial interests span politics, business, aviation, health, technology, entertainment, sports and social development. She is committed to credible journalism, insightful reporting and compelling storytelling that informs public discourse and keeps readers abreast of important developments in Nigeria, Africa and beyond.

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