Vice President Kashim Shettima has urged Nigerians in the diaspora, particularly those living in the United States, to continue supporting efforts to attract investment to Nigeria, insisting that the country is open for business despite negative stories circulating on social media.
Shettima made the remarks on Wednesday during an interactive session with members of the Nigerian diaspora community at the Nigeria House in New York.
He said the Federal Government was working to reposition the economy through reforms and investments in sectors including education, healthcare, science and technology, and agriculture.
The Vice President said the administration of President Bola Tinubu had taken difficult decisions aimed at improving the economy, adding that the government was working to restore investor confidence and create a more stable environment for businesses.
Shettima cited an increase in Nigeria’s foreign reserves from $3.9 billion to more than $55 billion and economic growth of 4.45 percent in the last quarter as some of the gains of the administration’s reforms.
He said improvements in the exchange rate and foreign reserves would help protect diaspora remittances, support exchange-rate stability and strengthen investments by Nigerians living abroad.
On education, Shettima said more than 1.29 million students in tertiary institutions had accessed N125 billion through the Nigeria Education Loan Fund since the programme began.
He also addressed Nigeria’s security challenges, saying the government was using all available resources to tackle emerging threats.
Shettima urged Nigerians to contribute to building a united and prosperous country, saying the issues that unite Nigerians should outweigh those that divide them.
Comments
Add a comment