Tinubu’s Reforms Stabilising Economy – Shettima at Digital Nigeria Conference 2025

Vice President Kashim Shettima on Tuesday declared open the Digital Nigeria International Conference and Exhibition 2025 (DNICE 2025) in Abuja, affirming that the bold economic reforms of President Bola Ahmed Tinubu’s administration have restored confidence in the nation’s financial system and placed the economy on a stable, growth-oriented path.

Addressing policymakers, innovators and global investors at the opening ceremony, Shettima explained that Nigeria’s economic landscape has been reshaped by deliberate interventions aimed at curbing volatility, tackling structural weaknesses and unlocking new engines of productivity through technology.

He pointed to the recent upgrade of Nigeria’s sovereign rating by Fitch to “B” with a stable outlook, and Moody’s revision of the country’s issuer rating to “B3”, as clear validation by international financial institutions that economic fundamentals are improving under the Renewed Hope Agenda.

“What this administration has achieved is to end the regimes of volatility and unpredictability that once defined our economy,” Shettima said. “The task before us now is to ensure these macroeconomic gains translate to prosperity for ordinary Nigerians, from small businesses in our neighbourhoods to large corporations powering national development.”

The Vice President noted that Nigeria’s growth prospects are increasingly tied to digital adoption, innovation investments and strong policy support for startups and youth-driven enterprises. He urged stakeholders to embrace the digital economy as a core pillar of national transformation.

“We cannot afford to miss the opportunities of today’s revolution. Digital Nigeria offers us a redemptive pathway to define our role in the next era of global economic power,” he added.

In his remarks, the Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, said the Federal Government is prioritising enabling infrastructure and regulatory reforms to deepen digital inclusion and accelerate technology-driven economic diversification.

He stressed that sustained collaboration between government, private sector and development partners is critical to building an innovation-driven economy that lifts millions out of poverty and expands Nigeria’s global influence.

Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, commended the Vice President for championing digital skills development, noting that young Nigerians remain central to national competitiveness in the global knowledge economy.

Similarly, the Chief Executive Officer of the Nigeria Data Protection Commission (NDPC), Dr Vincent Olatunji, said the growing reliance on digital services worldwide positions Nigeria to harness significant socio-economic gains if data security, trust and innovation continue to advance in tandem.