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Fuel Subsidy Was A Long-Standing Burden On Nigeria – Kashim Shettima

Folami David by Folami David
July 24, 2025
in Politics
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Kashim Shettima

Kashim Shettima

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Vice-President Kashim Shettima has said that President Bola Tinubu’s bold policy decisions are being implemented in the best interest of Nigerians.

He recently highlighted the government’s focus on economic revitalisation, and Nigerians have been reacting.

Speaking while hosting executives of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) at the Presidential Villa, Abuja, Shettima cited major policy steps like the removal of fuel subsidy, the realignment of the multiple exchange rate system, and ongoing tax reforms.

According to him, collaborating with the manufacturing sector is how great nations are built, so FG will keep partnering with the business community to improve the lives of Nigerians.

“I can assure you that Nigeria is ready for business, and you are the drivers of change.

I plead guilty to romancing with the business community, the manufacturing and productive sectors.

This is how great nations are built; this is how Korea became what it is,” he said.

The VP insisted that President Tinubu is still committed to reforms despite resistance from entrenched interests.

Describing BAT’s actions as necessary, he stressed that Tinubu will not stop working for the greater good of Nigerians.

Shettima concluded by saluting Tinubu’s courage in removing the fuel subsidy, describing it as a long-standing burden on the nation that needed to be addressed.

“The current administration is your own because the President speaks your language, the language of commerce.

He grew up in that ecosystem, understands how businesses are run, and was the financial controller at Mobil.

While the fuel subsidy had been an albatross around the neck of successive administrations, he had the courage and conviction to remove it.

The oil cabal fought back, but he refused to budge. He stood his ground because he acted in the best interest of Nigerians,” he added.

Folami David writes on trends and pop culture. He is a creative writer, and he is passionate about music and football. 
Folami David

Folami David is a dynamic journalist who views the world through an analytical lens, translating complex narratives across multiple industries into compelling stories. With an insatiable appetite for information and a keen eye for emerging trends, Folami specializes in uncovering the interconnections between technology, business, culture, and society.

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