Kashim Shettima, Nigeria Vice President has painted a promising picture for Nigeria’s economy in 2025, assuring citizens that they will experience a robust economy and ultimately, have reason to smile again.
According to Kashim Shettima, the government has been working closely with the National Assembly to tackle the country’s challenges and devise effective solutions.
Vice President Shettima expressed optimism about Nigeria’s economic prospects, stating that the economy has begun to pick up and is expected to witness significant growth in the coming months.
He acknowledged that the global economic downturn, exacerbated by the crisis in Ukraine, has impacted Nigeria, but emphasized that the country has turned a corner and is on the path to sustained growth.
The Vice President’s positive outlook is reinforced by projections from the International Monetary Fund (IMF), which forecasts a 3% growth rate for Nigeria in 2025, outpacing many emerging markets.
Additionally, Nigeria’s economic reforms and improving domestic refining capabilities are expected to strengthen the value of the naira, leading to a positive multiplier effect on the cost of goods and services.
As the government continues to work towards addressing Nigeria’s challenges, Kashim Shettima’s assurance that the economy is on the mend is a welcome message for citizens, who have been facing economic hardships in recent times.
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