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Shettima: Nigeria’s Economy Set to Rebound Soon

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Vice-President Kashim Shettima announced that Nigeria’s economy is beginning to improve and is expected to rebound in the coming months. He made this statement during the launch of the Nasarawa State Human Capital Development Strategy Document and Gender Transformative Human Capital Development Policy Framework in Lafia.

Shettima emphasized the need to address the growing informal sector and high unemployment rates, which he described as detrimental to society. He affirmed that the Human Capital Development (HCD) Programme, initiated under President Bola Tinubu’s administration, aims to equip Nigerians with globally competitive skills.

“This strategy will help Nigerian workers excel both domestically and internationally,” he stated, stressing the urgent need to reverse the cycles of unplanned high fertility rates, maternal and under-five mortality, and low life expectancy.

He highlighted the unfortunate reality of the ECOWAS region being ranked lowest on the global Human Capital Development Index, viewing it as a challenge for nations to improve their human capital.

Special Adviser to the President on National Economic Council (NEC) and Climate Change, Rukaiya El-Rufai, noted that the HCD Programme, unveiled in 2018, seeks to combat poverty and enhance socio-economic growth across the country.

Sen. Ahmed Wadada (SDP-Nasarawa West) praised Nasarawa State for leading the way in Human Capital Development, underscoring the importance of education as a foundation for human development.

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