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Nigeria’s economy will witness positive changes after painful sacrifice— VP Shettima

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Nigeria’s Vice President, Senator Kashim Shettima, has told Nigerians to look at the bigger picture as the country’s economy will soon witness positive changes after their painful sacrifices.

Shettima who was the special guest speaker at the second Chronicle Roundtable organized by 21st Century Media Services held in Abuja on Thursday, implored on Nigerians to be patient with the administration of President Bola Tinubu as he is determined to “steer the ship of state through the economic turbulence and storm he met on ground on assumption of office.”

“Soon, Nigeria’s economy will experience significant growth once we’ve overcome these sacrifices,” Shettima said while giving his keynote address.

“Positive changes will soon be evident across all economic indicators – inflation, per capita income, GDP numbers, poverty reduction, food security, and all aspects close to the hearts of our people,” he declared.

The Vice President went on to explain some key policy decisions taken by the Tinubu administration as well as its Economic and Social Agenda, including the removal of subsidy on petroleum products, which he described as the ‘biggest elephant in the room’ before President Tinubu took charge.

“We look forward to the positive impact on the economy that will be brought by some of our new initiatives in the oil and gas sector, creative arts sector, the newly rejigged steel and solid minerals sectors, our housing sector, the blue economy, and the digital sectors, to mention but a few.

“There is no doubt that there’s a time to plant and a time to reap. Between those times, we appeal for patience and seek collective sacrifice from all, especially from us. We wish there were a way to treat this ailment without surgery.

“His Excellency, President Bola Tinubu, chose the option that would save the life of the nation, instead of one that would merely prolong its imminent and predicted economic death. Before we took charge, the biggest elephant in the room was the question of fuel subsidy removal.

“We understood why our predecessor made the decision to remove it and refused to budget for it in their final fiscal year.

‘The year before we took office, Nigeria’s debt service-to-revenue ratio had grown to 111.8%. The anticipated debt crisis may sound like fancy economic jargon to the man on the street. But you and I are in a better position to understand how such miscalculations have played out in other countries. It’s an economic death sentence.

“In plain terms, our debt servicing was such that if you earned, say, N100,000, the entirety of the money wasn’t only paid to your debtor; you were forced to borrow an additional N11,800 to pay the debtor.

“How do you intend to survive this? And how many more loans before you become a pariah?

“We are not even discussing the nation’s budget deficits, diversions of resources from critical sectors of the economy, and corruption masterminded in the subsidy regime.”

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Political intimidation, harassment hinder media freedom in Zambia, says Kasama entrepreneur

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Political intimidation and harassment are major hindrances to media freedom and freedom of expression in Zambia, according to Mary Mulenga, a Kasama entrepreneur.

Mulenga, who runs a mobile booth in the Central Business District of Kasama District, stated that these issues were also leading some journalists to become political cadres for the ruling party, as had been seen in the past.

Zambia Monitor was in Kasama District of Northern Province to gauge public knowledge on media freedom, the Cybersecurity Act, and freedom of expression when they spoke with Mulenga.

She said that although media freedom and freedom of expression existed in Zambia, many journalists and ordinary citizens self-censor due to fear of repercussions.

“We have seen journalists being summoned by the police for publishing stories deemed anti-government, creating fear and leading some to write pro-government content,” Mulenga stated.

She also highlighted that some journalists support the government to secure appointments to various positions, especially as Public Relations Officers in local authorities.

“When late President Michael Sata formed the government, he appointed many journalists who supported him while in opposition to various positions, such as First Secretary for Press in diplomatic missions, which compromised them,” Mulenga said.

On the Cybersecurity Act, Mulenga noted with sadness that authorities act quickly on politically inclined social media posts but are slow to address the bullying of ordinary citizens online.

She said that many ordinary citizens were bullied online, reducing their chances of participating in discussions on platforms like X-spaces, Facebook, LinkedIn, and other social media pages.

“A section of society that authorities ignore is the disabled or differently abled. These people are harassed on social media, and everyone turns a blind eye. Older women are another category that is bullied,” Mulenga stated.

She emphasized the need for authorities to apply the law fairly and protect all citizens from harassment in cyberspace.

This story is sponsored content from Zambia Monitor’s Project Aliyense.

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‘Tinubu will fix insecurity very soon’, Shettima assures Nigerians

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Vice President Kashim Shettima has assured Nigerians that President Bola Tinubu is determined to tackle the security challenges facing the nation in no time.

Shettima, who gave the assurance on Wednesday in Kano while receiving a high-powered presidential delegation to console him on the recent loss of his mother-in-law, Hajiya Maryam Albishir, said Tinubu had the interest of the country at heart with genuine leadership, and meant well for the nation.

“No matter how long the night is, it must give way to the light of dawn. Granted, we are facing security challenges across this country, but the President is determined to redefine the meaning and concept of modern leadership and determined to address the problem of insecurity facing the entire nation,” Shettima said.

“I wish to call on all of us to rally around him and see to it that we salvage this nation together.

“It’s not a game of apportioning blame. It’s a game of making this country work and if Nigeria works, Africa works.

“Everyone that has come here is welcomed by the Governor. We have gone beyond politics.

“We are now in the phase of governance and what binds us together triumphs over whatever that divides us,” the VP added.

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