Shettima seeks bigger PPP drive as FG targets $1trn economy

Vice President Kashim Shettima has called for a major expansion of Nigeria’s public-private partnership (PPP) pipeline, saying stronger collaboration between government and private investors is essential to achieving the country’s ambition of becoming a $1 trillion economy.

Speaking on Thursday at the first 2026 meeting of the National Council on Privatisation (NCP) at the Presidential Villa, Abuja, Shettima said Nigeria must remain attractive to investors while ensuring that investments support national priorities.

“The task before us is not only to ensure that Nigeria emerges as a safe destination for private investment, but to align that investment with the governing purpose of this administration and the larger destiny of our nation,” he said.

The Vice President said prosperity must be deliberately built through institutions that use national assets for the benefit of citizens.

“Prosperity does not happen by accident. It is designed, negotiated, protected, and sustained by institutions that understand that national assets must be deployed in the service of the people,” he added.

Shettima stressed that policy clarity and consistency remain critical to attracting investors, warning that conflicting government mandates could weaken confidence.

“Policy confusion is expensive. Overlapping mandates unsettle the market. If we are to speak convincingly to investors, government must speak with one voice,” he said.

He urged the Council to fast-track viable projects and deepen PPP transactions to support national growth targets.

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