Saturday, July 11, 2026

Private sector has big role to play in Nigeria’s development: Shettima

“We all know that the government has many things to deal with, all of them with their competing needs, yet there are limited resources.”

• December 16, 2023
Kashim Shettima (Credit: Kashim Shettima)
Kashim Shettima (Credit: Kashim Shettima)

Vice President Kashim Shettima on Saturday in Ibadan stated that Nigeria’s private sector has a huge role in the country’s development.

Mr Shettima stated this at an event at the University of Ibadan to honour the late former governor of Oyo State, Abiola Ajimobi.

The vice president, represented by Bashir Maidugu, his Senior Special Adviser (SSA) on Legal Services, said it was already a fact that the government has limited resources to meet the demands of Nigerians.

“We all know that the government has many things to deal with, all of them with their competing needs, yet there are limited resources.

”The private sector has to fill in the gap at this point, and this is why the government will continue to work with the private sector for rapid development of Nigeria,” he said.

Mr Shettima then urged Nigerians to continue to do the right things and live peacefully with one another for the peace and unity of Nigeria.

The sixth edition of the annual Senator Abiola Ajimobi Foundation (SAAF) and Mr Ajimobi’s 74th post-humous birthday theme was “Re-Engineering Nigeria For Sustainable Development: Options, Costs and Prospects”.

The event’s lead speaker, the pioneer dean of Unibadan’s Faculty of Multidisciplinary Studies, Isaac Albert, said Nigeria could be ranked among the best in the world.

”But this will be if there is the political will to revive it by its leaders,” he said.

Mr Albert said Nigeria’s leaders must muster the political will for progress and sustainable development.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Police

NationWide

Focus on criminals, stop targeting journalists, CPJ tells Nigerian security agencies

She also pointed out harsh bail requirements imposed on journalists, describing Mr Ugagbe’s bail conditions as “utterly punitive.”

Federal Polytechnic Nasarawa

Education

Tinubu upgrades Nasarawa poly to university

Mr Onanuga said the approval followed a proposal by Senator Ahmed Aliyu, who represents the Nasarawa West Senatorial District.

Motor Vehicle Administration Agency (MVAA)

Lagos

Lagos govt signs agreement to automate vehicle registration

Mr Osiyemi said the initiative would simplify and speed up vehicle registration by eliminating cumbersome processes.

Collapsed building

States

Three rescued, one body recovered as building collapses in Kano

The PRO attributed the collapse to the use of poor and substandard building materials.

Justice Lateef Fagbemi

NationWide

FG calls for stronger African collaboration to combat illicit wealth, transnational corruption

Mr Fagbemi added that the recovery and transparent management of proceeds of crime remained a key pillar of the country’s anti-corruption policy.

Nigerians alighting from Air Peace plane from South Africa.

Heading 2

FG reiterates commitment to ensuring safe return of Nigerians from South Africa

“The last evacuation flight, which is expected to bring home approximately 300 of our nationals, is expected to arrive in Nigeria next week,” Mr Ebienfa said.