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Government reforms targeted at attracting investments – Shettima

Vice-President Kashim Shettima has defended the federal government’s economic reforms, saying they are designed to create an enabling environment for investment, strengthen businesses and improve the country’s productive capacity. He, however, stressed the need for effective communication of government policies at both federal and state levels to help citizens understand their objectives,…

Vice-President Kashim Shettima defended the government's economic reforms, aiming to create an environment that attracts investments, bolsters businesses and boosts the nation's productive capacity. He emphasized the necessity of effective communication of government policies at both federal and state levels to ensure citizens understand the policies' goals, implementation, and expected benefits.

Shettima, represented by Dr Tope Fasua, the Special Adviser to the President on Economic Matters in the Office of the Vice-President, addressed an audience at the Dukes Masterclass on Penetrative Leadership in Abuja. He stressed the significance of effective communication in governance and the digital economy.

The administration's reforms, which include removing fuel subsidies, liberalizing the foreign exchange market, fiscal restructuring, and revenue mobilization, are steps towards building a more productive, competitive, and resilient economy. "These decisions require courage, but beyond the decisions themselves, they are intended to create an environment in which investments can grow, businesses can plan with greater confidence, public resources can be deployed more effectively, and the productive capacity of our people can be better harnessed," Shettima explained.

Shettima stressed the importance of transparent policy communication, providing credible evidence of progress, and actively listening to citizens' experiences to build public confidence in the government's programs. Otunba Bimbo Ashiru, in his opening remarks, also highlighted the critical role of effective policy communication by leaders and government officials in navigating the challenges of a rapidly changing world.

Written by urgent.news from Daily Trust's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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