The Federal Government has declared that the era of economic volatility and uncertainty that once characterised Nigeria’s financial landscape has come to an end, as it unveils plans to deepen digital inclusion and expand connectivity nationwide.
Vice President Kashim Shettima made this known on Tuesday in Abuja while declaring open the 2025 Digital Nigeria International Conference and Exhibition (DNICE), organised by the National Information Technology Development Agency (NITDA).
Shettima said the administration’s bold economic reforms were already stabilising the economy, restoring investor confidence, and attracting global commendation.
He cited the recent sovereign credit rating upgrades of Nigeria by Fitch Ratings to B with a stable outlook and Moody’s Investors Service to B3 with a stable outlook as clear proof of renewed international trust in the nation’s economic trajectory.
“The era of economic volatility and uncertainty that once characterised our financial landscape is over. Our reforms are driving stability, restoring confidence, and setting the stage for inclusive growth,” Shettima said.
The Vice President announced that the government will deploy 4,000 telecom towers across the country to connect over 20 million unserved citizens, as part of its efforts to bridge Nigeria’s digital divide and promote inclusive development.
He noted that the initiative would extend internet access to remote and underserved areas, enabling millions of Nigerians to participate more actively in the digital economy.
According to Shettima, global economic shocks, shifting alliances, and the rapid displacement of traditional jobs by technology have compelled Nigeria to adopt innovative, technology-driven solutions suited to the realities of the modern economy.
He emphasised that the ongoing digital revolution offers Nigeria a “second chance” to achieve relevance, inclusion, and prosperity, after being left behind in previous industrial revolutions.
“The digital revolution presents us with an opportunity to redefine our place in the global economy. We must seize it to build an inclusive, innovative, and prosperous Nigeria,” he added.
The Vice President reaffirmed the administration’s commitment to policies that promote digital infrastructure, skills development, and innovation-driven growth, describing technology as the foundation for the country’s long-term economic resilience.
