VP Shettima Praises Tinubu's Reforms: Fuel Subsidy Removal and Tax Restructuring
Vice President Senator Kashim Shettima commended President Bola Tinubu's administration for implementing bold reforms in Nigeria, including the removal of fuel subsidy and restructuring the tax system. Shettima described these reforms as courageous and necessary to address the country's structural weaknesses.
Since assuming office in May 2023, the administration has eliminated multiple exchange rates, restructured the tax system, and focused on fiscal discipline and economic liberalization. While these reforms have had positive impacts such as boosting macroeconomic stability and investor confidence, they have also led to challenges like high inflation.
Shettima emphasized the importance of transitioning to a knowledge-based economy to drive economic growth and development in Africa.
Plus234Feed summary based on reporting from Legit NG. Read the original report below.
Read full article
Continue on Legit NG
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Shettima Criticizes Lip Service to Reforms, Praises Tinubu's Bold Actions
VP Shettima Lauds Tinubu's Bold Decisions for Economic Diversification
VP Shettima Declares Nigeria's Economy Stable Under Tinubu Administration
Dogara Applauds Tinubu's Tax Reforms for Economic Revitalization in Nigeria
Nigerian Presidency Lists 12 Gains of Tinubu's Economic Reforms
President Tinubu Defends Removal of Corrupt Petroleum Subsidy as Vital Economic Move
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
