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Vice President Shettima Commends Tinubu’s Transparency In Financial Management
Vice President Shettima Commends Tinubu’s Transparency In Financial Management
Vice President Kashim Shettima has lauded the federal government under President Bola Tinubu for its exemplary performance in fiscal responsibilities and management of national resources. Speaking at the 141st meeting of the National Economic Council (NEC) in Abuja, Shettima highlighted the government’s commitment to transparency in financial dealings, citing recent recognition from global credit rating agency, Fitch, which upgraded Nigeria’s credit outlook to positive.....KINDLY READ THE FULL STORY HERE▶
Shettima emphasized the importance of maintaining transparency in financial transactions to build confidence in the nation’s economy. He expressed confidence in the government’s economic trajectory, especially its efforts to reduce the debt service burden and implement reforms under President Tinubu’s leadership.
During the NEC meeting, members also discussed the accountability index and the ranking of states on public financial management (PFM) by the Institute of Chartered Accountants of Nigeria. Shettima highlighted the need for realistic financial planning to support economic stability and growth, particularly focusing on Micro, Small, and Medium Enterprises (MSMEs).
Recognizing the pivotal role of MSMEs in the Nigerian economy, Shettima stressed the importance of supporting these businesses, which account for a significant portion of national GDP and employment. He underscored the government’s commitment to providing access to capital and implementing interventions to ensure the survival and prosperity of MSMEs.
In line with President Tinubu’s agenda to create jobs and alleviate poverty, Shettima emphasized the need for targeted interventions to address inflationary impacts and high-interest rates, thereby promoting the growth and sustainability of small businesses.
Overall, Vice President Shettima’s remarks underscored the government’s dedication to transparent financial management and support for MSMEs as key drivers of economic development and prosperity in Nigeria.
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