
Shettima says Nigeria can be among the richest nations
Vice President Kashim Shettima has stated that Nigeria should not be a poor country, given its vast natural resources and economic potential. He highlighted how strategic investment in agriculture could generate significant national wealth. Shettima referenced Indonesia’s success in the oil palm sector as an example for Nigeria to follow. He also emphasized the opportunities in the Niger Delta for mariculture and agriculture.
What we know
- Kashim Shettima said Nigeria has no reason to remain poor if its resources are properly harnessed.
- He cited Indonesia’s achievement of earning about $25 billion from crude palm oil exports in 2025, surpassing Nigeria’s oil revenue.
- Shettima pointed out the Niger Delta’s potential for mariculture, including fish farming and the cultivation of species like salmon, tuna, and lobsters.
- He believes that developing Nigeria’s agricultural and marine resources could transform the nation’s economy.
- Shettima asserted that some regions in Nigeria have the potential to generate tremendous wealth.