Vice President Kashim Shettima urged states to stop waiting for Abuja and build their own electricity markets and regulators under the Electricity Act 2023.
The World Bank has advised Nigeria’s Central Bank to end ad-hoc FX auctions and adopt a transparent, structured approach to stabilize the naira, strengthen foreign reserves, and improve liquidity, amidst concerns over rising non-performing loans and currency market volatility.
Facing critical reports, the Nigerian Presidency clarifies the economic challenges inherited by President Tinubu and the strategic measures implemented for recovery.
Vice President Kashim Shettima urged states to stop waiting for Abuja and build their own electricity markets and regulators under the Electricity Act 2023.