The Federal Government has expressed optimism about the positive effects of its tough economic decisions, citing recent growth in Nigeria’s GDP as a sign of progress.
Vice President Kashim Shettima made the statement during the National Economic Council’s (NEC) 147th meeting in Abuja on December 13, 2024.
He noted that the 3.46% GDP growth reported for the third quarter of 2024 was an indication of better economic times ahead.
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Shettima acknowledged the contributions of the Council’s members and urged them to prepare for the coming year, taking into account how this year’s policies and projects have shaped the nation’s economic trajectory.
He emphasized that, despite the challenges, the government’s reforms are starting to show results.
In addition, the meeting included a discussion on the World Bank’s Economic Report, which highlighted efforts to strengthen Nigeria’s education and healthcare sectors.
Shettima pointed out that these initiatives aim to improve human capital, reduce inequalities, and better equip the workforce to thrive globally.
