Nigeria will become major global economy under Tinubu – Shettima

“Vice-President Kashim Shettima Optimistic About Nigeria’s Economic Potential Under President Bola Tinubu”

“Vice-President Kashim Shettima recently expressed his confidence in Nigeria’s economic future under President Bola Tinubu, highlighting the administration’s commitment to creating a conducive environment for local and foreign investors.

Speaking at the Presidential Villa, Abuja during a meeting with a delegation from the Commonwealth Enterprise Investment Council (CWEIC), led by CEO Rosie Glazerbrook, Mr. Shettima emphasized the Tinubu-led government’s focus on leveraging the country’s youthful population, enhancing digital technology, improving electricity supply, and boosting production and manufacturing.

Mr. Shettima underscored the administration’s determination to transform Nigeria’s demographic bulge into demographic dividends, harnessing the potential of the young population to propel the country towards prosperity and progress.

He emphasized Nigeria’s readiness for business, citing projections that by 2075, Nigeria’s economy could become the third largest globally. Mr. Shettima highlighted the pivotal role Nigeria plays in driving Africa’s economic growth, stressing that the country’s success translates to Africa’s success.

In response, Rosie Glazerbrook pledged CWEIC’s support to the Nigerian government, outlining upcoming events aimed at boosting trade and investment, including the Commonwealth Trade and Investment Forum in London in 2025 and a proposed forum in Nigeria later that year.

Glazerbrook expressed CWEIC’s commitment to facilitating trade and investment into Nigeria and fostering partnerships between Nigerian businesses and foreign counterparts.

The meeting was attended by notable figures including Founder of Zenith Bank, Chief Jim Ovia, Chairman of CWEIC in Nigeria, Olasupo Shasore, CWEIC Country Director, Nigeria, Obinna Anyanwu, and representatives from various sectors.

Overall, the discussions reflect optimism about Nigeria’s economic prospects and underscore the importance of collaboration between government and private sectors to drive sustainable growth and development.”

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