Vice President Kashim Shettima has declared that Nigeria has “no business being poor,” stressing that the country’s abundant human and natural resources should place it among the world’s prosperous nations rather than struggling with widespread poverty.
Speaking at the World Economic Forum in Davos, Switzerland, Shettima said Nigeria possesses the population, talent, agricultural potential, mineral wealth and entrepreneurial capacity needed to achieve sustainable economic growth.
He argued that the country’s challenge is not a lack of resources but the effective management and utilisation of those resources.
According to the report The Info Page News gathered online, the Vice President said, Nigeria’s youthful population remains one of its greatest assets, while ongoing economic reforms by the Federal Government are aimed at creating an enabling environment for investment, job creation and inclusive growth.
“In this great nation of ours, we have no business being poor,” Shettima said, noting that with the right policies, innovation and commitment, Nigeria can unlock its enormous economic potential and significantly reduce poverty.
He emphasised that agriculture, technology, industrialisation and private sector investment would remain critical drivers of the country’s economic transformation.
The Vice President also urged both local and international investors to take advantage of emerging opportunities created by ongoing reforms.
Shettima reaffirmed the Tinubu administration’s commitment to implementing policies that stimulate economic growth while improving the welfare of Nigerians.
He maintained that the government’s reforms are designed to build a more competitive economy capable of delivering long-term prosperity for citizens.
The Vice President’s remarks underscored the administration’s broader vision of repositioning Nigeria as a leading investment destination in Africa, with a focus on translating the nation’s vast potential into tangible economic benefits for its people.
