Vice President Kashim Shettima has said the administration of President Bola Ahmed Tinubu is implementing reforms aimed at making Nigeria a more attractive destination for investment and business growth.
Speaking at the opening of the Jigawa State Investment Summit 2026 in Dutse, Shettima said the Federal Government, through the Presidential Enabling Business Environment Council (PEBEC) and a series of structural reforms, has taken deliberate steps to improve the ease of doing business across the country.
According to the Vice President, the government has simplified business registration processes, reduced bureaucratic bottlenecks, and lowered the cost and time required to start and operate businesses.
He noted that the Business Facilitation Act has strengthened these reforms by compelling government agencies to operate with greater transparency, predictability, and efficiency.
Shettima also highlighted the unification and liberalisation of the foreign exchange market, describing it as a critical reform that has improved investor confidence and enhanced transparency in the economy.
He stated that Nigeria’s ongoing reforms are beginning to yield results, citing improvements in the functioning of currency markets, stronger reserves, and positive assessments from international credit rating agencies.
The Vice President said the reforms are helping states unlock and deploy resources more effectively while opening key sectors such as electricity, agriculture, solid minerals, and the digital economy to private investment.
He pointed to the Electricity Act 2023 as a landmark reform that empowers states to participate more actively in electricity generation, distribution, and regulation, thereby attracting investment into the power sector.
Shettima stressed that the Federal Government has shifted from a culture of “gatekeeping” to one of partnership, with savings from economic reforms being redirected into infrastructure development, human capital investment, and social support programmes.
He added that through platforms such as the National Economic Council and the Federal Executive Council, the government is working closely with state governments to strengthen fiscal transparency, improve resource management, and expand access to development and climate finance.
The Vice President described Jigawa State as a region with significant economic potential and commended Governor Umar Namadi for creating an enabling environment for investment.
He assured local and foreign investors of the Federal Government’s support, promising efforts to eliminate bureaucratic obstacles and encourage investment in the state.
Earlier, Governor Umar Namadi said the summit was designed to attract investment, stimulate economic growth, and position Jigawa as a major destination for business and industrial development.
He highlighted the state’s vast agricultural resources, strategic location, and development agenda focused on agriculture, infrastructure, energy, digital innovation, education, healthcare, and private sector growth.
The summit also featured contributions from senior government officials, industry stakeholders, and business leaders who emphasized the importance of power, agriculture, livestock development, and infrastructure in driving economic transformation and attracting investment to the state.
