Shettima Advocates for State Reforms to Boost Investment

Vice President Kashim Shettima called on state governors to accelerate business-enabling reforms to unlock the full potential of a $750 million World Bank assistance program aimed at enhancing investment in Nigeria. Speaking at a stakeholders' meeting at the Presidential Villa in Abuja, Shettima highlighted that the full implementation of the program would create a predictable and transparent business environment, attracting both domestic and foreign investments.

He listed benefits of the program, including strengthening private sector confidence, reducing the cost of doing business, and improving access to land and commercial justice systems. Shettima noted the ongoing reform efforts under President Bola Tinubu's administration and directed the Director General of PEBEC, Zarah Mustapha Audu, to extend the program's lifespan to ensure states fully utilize the opportunities available.

Dr. Dori Uzoka Anit, Minister of State for Budget and Economic Planning, encouraged stakeholders to address identified bottlenecks to achieve the program's intended outcomes.