Vice President Kashim Shettima has declared that the current administration will not shift blame onto the previous government of Muhammadu Buhari for the challenges it faces....CONTINUE READING THE ARTICLE FROM THE SOURCE
Shettima emphasized that President Bola Tinubu’s administration has opted to confront the nation’s difficulties head-on rather than relying on superficial solutions. He made these remarks at the second Chronicle Roundtable hosted by 21st Century Chronicle.
The Vice President expressed concern that this is the most challenging time to hold political office in Nigeria due to the country’s numerous problems. He stated, “The president chose the path that will preserve lives rather than the one that would prolong economic decline. We will not blame the previous administration because leadership entails boldness and continuity.”
“Before we took over, the most pressing issue was the elimination of fuel subsidies. It has been a burden on the nation for the past 20 to 30 years. We comprehend why our predecessor decided to remove the subsidy because there was insufficient funding for it in the fiscal year.”
“A year before we assumed office, Nigeria’s debt-to-revenue ratio had risen to 111.18 percent. It was an economic death sentence. To put it bluntly, our debt service was such that if you earned N100,000, you were compelled to borrow an additional N11,800 to pay the debtor. How can we expect to survive this? It won’t be long before we are considered outcasts.”
