The Vice President, Senator Kashim Shettima, has said President Bola Ahmed Tinubu’s economic restructuring is rebuilding the pillars of Nigeria’s economy to support stronger and more viable state economies. He made the remark on Wednesday in Lafia at the Nasarawa Investment Summit 2026, noting that the reforms are aimed at reducing states’ dependence on federal allocations through fiscal changes and increased subnational capacity.

Shettima said the reforms are already yielding results in areas such as energy reliability, fiscal balance, tax reform, and the creation of a single digital gateway for investment. He added that ongoing power-sector reforms and projects linked to the Ajaokuta-Kaduna-Kano gas pipeline and the Abuja industrial corridor would complement Nasarawa State’s Gas Master Plan and position the region as a key energy hub.

The Vice President noted that strong federating units are central to national development, stressing that the reforms have given states greater room to plan, invest, and respond to the needs of their people. He described the Lafia Declaration signed at the summit as an economic covenant that guarantees policy continuity beyond political cycles, while also highlighting improved investor confidence, with capital inflows rising from $12.32 billion in 2024 to $23.22 billion in 2025 and market capitalisation reaching N99.38 trillion.

Earlier, Governor Abdullahi A. Sule said the summit was aimed at reinforcing investor confidence through policy continuity, institutional stability, and predictable governance, adding that the state’s development framework is anchored on durable institutions. Also speaking, Minister of Budget and Economic Planning, Senator Abubakar Bagudu, and Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, said ongoing reforms are positioning states for growth, while NASIDA Managing Director, Barr. Ibrahim Abdullahi, disclosed that over $2 billion in investments has been attracted into Nasarawa State.