
Vice President Kashim Shettima has called on state governors and the private sector to take the lead in reviving Nigeria’s economy. He emphasised the need for strong partnerships and practical investments that can deliver real growth across states, urging governors to design and present well-structured projects capable of attracting private capital and development finance.
During the engagement, Shettima highlighted that while President Bola Ahmed Tinubu’s administration continues implementing reforms at the federal level, states must also drive local development. He noted that each state possesses unique economic strengths that can be leveraged to boost productivity, create jobs, and reduce dependency on federal allocations.
In her remarks, the President of Woodhall Capital, Mojisola Hunponu-Wusu, announced plans to raise $30 billion for infrastructure financing across Nigeria. She explained that the investment would focus on key sectors such as transportation, power, and social infrastructure, complementing government efforts to accelerate inclusive and sustainable economic growth.