{"id":122139,"date":"2025-09-10T17:57:47","date_gmt":"2025-09-10T16:57:47","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=122139"},"modified":"2025-09-10T17:57:47","modified_gmt":"2025-09-10T16:57:47","slug":"shettima-urges-economists-to-lead-africas-transformation","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/shettima-urges-economists-to-lead-africas-transformation\/","title":{"rendered":"Shettima Urges Economists to Lead Africa\u2019s Transformation"},"content":{"rendered":"<div style=\"text-align: justify;\">By \u200eDaniel Adaji<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eVice President Kashim Shettima has urged economists across Africa to take the lead in shaping the continent\u2019s economic transformation, warning that the region can no longer afford to miss opportunities for growth and inclusion.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eSpeaking at the 66th Annual Conference of the Nigerian Economic Society (NES) in Abuja, on Wednesday, Shettima said recent corporate growth and rising investor confidence show that Nigeria\u2019s ongoing reforms are beginning to yield results, even though citizens continue to endure short-term hardships.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eHe stressed that politics and economics are inseparable in determining Africa\u2019s future, adding that economists must not be seen as mere theorists but as guides whose ideas directly impact citizens\u2019 lives.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cAfrica must reposition itself in the evolving global order,\u201d he said, insisting that the continent\u2019s 1.5 billion people should be viewed as an asset, not a liability.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eShettima lamented that while Asia and South America have successfully transformed into global models, Africa remains stuck in post-colonial structures, with intra-African trade accounting for only 16 per cent of total trade.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eIn his contribution, the Minister of Livestock Development, Idi Mukhtar Maiha, pointed to Nigeria\u2019s vast land resources and pledged renewed partnerships to reduce the country\u2019s reliance on imported meat and dairy products.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cWe have farmlands; we are looking at practical ideas to transform this sector. The future of this country is not in our hands but in our land. Through the Renewed Hope Agenda of Mr. President, the livestock sector today will be the next crude oil,\u201d he said.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eThe Minister of Budget and Economic Planning, Senator Atiku Bagudu, also reaffirmed the government\u2019s commitment to engaging professionals in shaping economic reforms. Former Minister of Finance, Dr. Shamsudeen Usman, went further, calling for more economists in government and legislation to enforce national development plans.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eDr. Eric Ogunleye, who represented the African Development Bank, commended Nigeria\u2019s reform efforts, describing them as a model that could place Africa on a clear path to prosperity.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eEarlier, the President of the Nigerian Economic Society, Professor Adeola Adenikinju, urged the Federal Government to reintegrate the Society into the Nigerian Economic Management Team.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eThe conference, attended by participants from 22 African countries, focused on the theme: \u201cRethinking Africa\u2019s Development Pathways to Economic Transformation and Social Inclusion in a Changing Global Economic Landscape.\u201d<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>By \u200eDaniel Adaji \u200e \u200eVice President Kashim Shettima has urged economists across Africa to take the lead in shaping the continent\u2019s economic transformation, warning that the region can no longer&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":112951,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-122139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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