Vice President Kashim Shettima has said that ongoing reforms by the administration of President Bola Tinubu are making it significantly easier to do business in Nigeria, while improving transparency and strengthening the investment climate across states.
Shettima made the remarks on Wednesday in Dutse while declaring open the Jigawa State Investment Summit 2026, where he outlined key federal policies aimed at attracting private capital and removing long-standing bureaucratic barriers.
He said initiatives such as the Presidential Enabling Business Environment Council (PEBEC) and the Business Facilitation Act have simplified business registration processes, reduced operational delays, and made government services more predictable for investors.
According to the Vice President, reforms in the foreign exchange market have also improved stability, eliminated distortions, and boosted investor confidence, while strengthening Nigeria’s fiscal position and external reserves.
The Vice President of Nigeria, Kashim Shettima, explained that although the reforms may take time to fully yield results, early indicators already show improved transparency and stronger macroeconomic fundamentals.
He added that policies across sectors, including power, agriculture, solid minerals, and the digital economy, are shifting government’s role from gatekeeping to partnership with the private sector.
Shettima highlighted the Electricity Act 2023 as a major reform that empowers states to generate, transmit, and distribute electricity, describing it as a key driver of subnational development and private investment in the energy sector.
He stressed that the federal government is working with states through the National Economic Council and Federal Executive Council to improve fiscal transparency, enhance food security, and expand access to development finance.
The Vice President also assured investors of federal support in Jigawa State, pledging that the government would remove bureaucratic obstacles and ensure a smooth investment process.
Jigawa State Governor, Umar Namadi, said the summit was designed to attract investments capable of transforming the state’s economy, citing agriculture, infrastructure, and energy as key focus areas.
He noted that the state possesses vast agricultural potential, including extensive arable land and large livestock resources, positioning it as a major hub for agribusiness development in northern Nigeria.
Other speakers, including federal ministers and summit stakeholders, called for increased investment in power supply, livestock value chains, education, and human capital development to support sustainable economic growth in the state and beyond.
