Vice President Senator Kashim Shettima has assured investors that Nigeria has exited its phase of economic instability, describing the present moment as the most opportune time to invest in the country. Speaking at the Bauchi Investment Summit 2025, VP Shettima attributed this milestone to the bold economic reforms of the Bola Ahmed Tinubu administration, including the removal of fuel subsidies and harmonization of the exchange rate, which have stabilized the economy and reduced the debt service to revenue ratio to below 50 percent.
Highlighting Bauchi State’s investment potential, the Vice President pointed to its vast arable land, livestock, solid minerals, tourism sites, renewable energy resources, and cultural heritage as key drivers for sectors such as agriculture, agro-processing, mining, tourism, hospitality, and the creative industries. He urged stakeholders to go beyond discussions, commit to concrete memoranda of understanding, set timelines, and establish joint implementation teams to ensure tangible outcomes.
VP Shettima emphasized that the Federal Government remains committed to national security and infrastructure development, noting that stability is essential for economic growth. He stressed that the administration’s development priorities including job creation, food security, and value-chain development are anchored on stable governance and targeted investment opportunities across states.
Other dignitaries including former President Olusegun Obasanjo, Governor Bala Mohammed of Bauchi, Governor Babagana Zulum of Borno, former SGF Mahmud Yayale Ahmed, and the Sultan of Sokoto His Eminence Abubakar Sa’ad III praised the summit, calling for strong partnerships between public and private sectors, enhanced security, and the practical implementation of summit resolutions. They highlighted that Bauchi and the broader Northern region offer abundant resources and opportunities for sustainable economic development.
