Vice President Kashim Shettima on Thursday said President Bola Tinubu’s economic reforms of the past one year “saved the life of the nation”.
He described them as necessary given the poor state of Nigeria when he assumed office on May 29, 2023.
“His Excellency, President Bola Tinubu, chose the option that will save the life of the nation instead of one that will merely prolong its imminent and predicted economic death,” said Shettima when he appeared as the guest speaker at the Second Chronicle Roundtable in Abuja.
He explained why the administration acted on the petrol subsidy regime and the foreign exchange market intervention, saying the President chose the harshest but most certain path to recovery.
The VP affirmed that the Tinubu administration does not blame the previous regime for its decisions
Shettimma implored Nigerians to be patient with the administration assuring them that Tinubu is steering the ship of state through economic turbulence and storms he encountered on taking office.
He expressed confidence that the measures taken so far would soon yield the desired results for the nation.
Shettima emphasised that the Tinubu-led government understands the reasons for the steps taken by the immediate past Buhari administration.
Therefore, it does not blame it for the current economic hardship.
“We understood why our predecessor made the decision to remove the subsidy. We do not resort to putting the blame on the previous administration.