‘They’re strategic investments’ — Shettima says Tinubu’s reforms will fortify economy

Vice-President Kashim Shettima says the reforms initiated by President Bola Tinubu would fortify Nigeria’s economic prosperity. 

Shettima spoke on Monday during the inauguration of the outsource to Nigeria initiative (OTNI) in Gombe.

The vice-president said the journey to the country’s future is based on “our sensitivity to our realities”.

He added that although the government’s “tough decisions” may “pose short-term challenges”, they will “usher in a future where we shall stand grateful for the resilience”.

“Our routes to the future hinge upon our sensitivity to our realities,” he said.

“The tough decisions we have taken may pose short-term challenges, but rest assured, it is a strategic investment to fortify the foundations of our economy.

“The reforms in progress will not only weather the storms but usher in a future where we shall stand grateful for the resilience and foresight displayed in propelling our nation towards economic prosperity”.

Shettima added that the OTNI will “connect global companies with the abundant talents and capabilities inherent in Nigeria”.

He added that the initiative will make Nigeria “an emerging outsourcing powerhouse” in the global market.

“OTNI is here to connect global companies with the abundant talents and capabilities inherent in Nigeria,” the vice-president said.

“This initiative marks a strategic leap forward, positioning Nigeria as an emerging outsourcing powerhouse ready to make an indelible mark on the global economic landscape.

“Nigeria is fortified by a colossal talent pool exceeding 200 million people and complemented by competitive labour costs, an evolving ICT infrastructure, unwavering government support, and a strategic location in proximity to European markets.”

OTNI is designed to create jobs in the business process and technology-enabled outsourcing sector and enable Nigeria to tap into a $350 billion global outsourcing market.