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Nigeria’s economy expands to $372.8trn, revenue hits N27.8trn

The Federal Government has announced that Nigeria’s economy expanded to $372.8 trillion in 2024, up from $309.5 trillion in 2023, reflecting stronger fiscal performance and policy impact. Total revenue collection also climbed from N19.9 trillion in 2023 to N25.2 trillion in 2024. Declaring open the 31st Nigerian Economic Summit in Abuja on Monday, Vice President […]

Conferences

PHOTOS: Shettima attends NES 31st summit on inclusive economic reforms

Vice President, Senator Kashim Shettima, on Monday, October 6, attended the 31st Nigerian Economic Summit in Abuja, the nation’s capital. The summit also had in attendance top government figures like the Minister of Finance, Wale Edun, and the Minister of Budget and Planning, Atiku Bagudu, alongside captains of industries, members of the National Assembly, and […]

Economy

FG reiterates commitment to MSMEs as economic backbone

The federal government has reiterated its commitment to repositioning Nigeria’s micro, small, and medium enterprises as the bedrock of economic transformation. Vice President Kashim Shettima disclosed this at the 6th Annual Lecture of the Development Bank of Nigeria held in Abuja on Thursday. The vice president, who was represented by the Special Adviser to the […]

Conferences

Nigeria pushes for permanent UN security council seat

Vice President Kashim Shettima has outlined steps to strengthen peace, development, and human rights globally. Speaking at the 80th session of the United Nations General Assembly in New York, he emphasized the need for Nigeria to have a permanent seat at the UN Security Council as part of a wider process of institutional reform. Shettima […]

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Shettima to lead Nigeria’s delegation to 80th UNGA in US

Vice President Senator Kashim Shettima will lead Nigeria’s delegation to the 80th Session of the United Nations General Assembly, scheduled to open on September 23, 2025, in New York, United States. The Ministry of Foreign Affairs announced that Shettima will be joined by Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, alongside other Ministers and […]

Agribusiness

250,000 farmers insured, N250bn BoA loans disbursed — Shettima

Vice President Kashim Shettima has highlighted the efforts of the Tinubu administration to ensure food security in Nigeria. According to Shettima, 250,000 farmers have been insured across eight states, the 30 per cent Value Addition Bill is advancing, and the N250 billion Bank of Agriculture facility is being activated to reach smallholders. He stated this […]

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Shettima presides over NEC meeting

Vice President Kashim Shettima presided over a meeting of the National Economic Council on Thursday, marking the first gathering of the council since President Bola Tinubu renewed calls for the creation of state police to tackle worsening insecurity in Nigeria. The meeting began at about 11:30 am local time at the State House in Abuja, […]

Business

Nigeria open for business, Shettima tells Visa

Vice-President Kashim Shettima has told payment giant Visa that Nigeria is open for business as President Bola Tinubu’s economic reforms begin to show positive results. Shettima made the comments on Monday whilst meeting a Visa delegation led by Tareq Muhmood, the company’s regional president for Central and Eastern Europe, the Middle East and Africa, at […]

News

NES to honour Shettima, Masha with distinguished fellow award

The Nigeria Economic Society has called on stakeholders to collaborate on inclusive economic growth for the country, saying that it has concluded plans to honour Vice President Kashim Shettima and the director of the Intergovernmental Group of 24 on International Monetary Affairs and Development, Dr Iyabo Masha, with its 2025 Distinguished Fellow Award. According to […]

Business

Nigeria, Columbia enters new dawn for ties – Shettima

Vice President Kashim Shettima has declared that the visit to Nigeria by his Colombian counterpart, Francia Márquez, alongside their bilateral engagements, will open a new chapter for both countries. Márquez, accompanied by her spouse Rafael Pinillo Ocoró, arrived in Abuja on Saturday for a three-day official visit, leading a delegation of cabinet ministers, senior government […]

Nigeria to phase out diesel, embrace hybrid energy — Shettima
Economy featured

Shettima presides over NEC meeting in Abuja

Vice President Kashim Shettima on Thursday presided over a meeting of the National Economic Council at the Presidential Villa, Abuja. The meeting was attended by key state leaders, including the Chairman of the Nigeria Governors’ Forum and Kwara State Governor, AbdulRahman AbdulRazaq, and the Chairman of the Progressive Governors’ Forum, Imo State Governor Hope Uzodimma. […]

Nigeria to phase out diesel, embrace hybrid energy — Shettima
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Nigeria to phase out diesel, embrace hybrid energy — Shettima

Vice President Kashim Shettima has announced that Nigeria will phase out its reliance on diesel and embrace an integrated hybrid energy system in a bid to slash carbon emissions and accelerate climate-resilient infrastructure. Speaking at the Decarbonising Infrastructure in Nigeria Summit held in Abuja on Wednesday, Shettima said the country’s transition to clean energy is […]

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