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Shettima Advocates for State-Led Economic Growth in Nigeria

Shettima Advocates for State-Led Economic Growth in Nigeria

During the Jigawa State Economic Investment Summit held on Wednesday, Vice President Kashim Shettima called on Nigeria's sub-national governments to harness local strengths to drive economic growth. He opened the summit, attended by a large gathering of investors from Nigeria and abroad, emphasizing that true federal power will emerge when each state realizes its economic potential.

Shettima noted that Nigeria is rich in mineral resources and that no state should lack the means to grow economically. He highlighted the importance of the 2023 Electricity Act as a game changer for empowering states in energy generation and distribution.

Shettima praised Jigawa State for producing nearly 40% of Nigeria's wheat in the last farming season and urged investors to consider local opportunities first. Governor Umar Namadi also spoke, indicating Jigawa's readiness to move from discussion to action, showcasing the state’s advantages in agriculture, energy, and infrastructure, and revealing that 76% of the state budget is allocated to capital projects.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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