Politics
VICE President Kashim Shettima has returned to Nigeria after his engagements at the 2025 World Economic Forum (WEF) in Davos, Switzerland.
Mr Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications, Office of the Vice-President, made this known in a statement on Friday in Abuja.
Shettima, who represented Nigeria at the annual global economic summit, presented the nation’s investment opportunities to a global audience.
He advocated economic integration in Africa and held strategic meetings with world leaders and international organisations.
During engagements in Davos, Shettima participated in forums that drew attention to the importance of driving investment into Africa’s frontier markets.
At a forum entitled “Roadmap to Co-create Investment Opportunities for Africa’s Frontier Markets,” organised by the African Development Bank (AfDB) and WEF, the vice president reaffirmed Nigeria’s readiness to attract capital for sustainable growth.
In another forum, he gave an assurance of Nigeria’s commitment to the African Continental Free Trade Area (AfCFTA).
He reaffirmed the nation’s resolve to leverage digital trade as a tool for economic transformation, projecting Africa’s potential to achieve a $29 trillion economy by 2050.
In bilateral meetings with global leaders, including the President of Botswana, Duma Boko, and President of South Africa, Cyril Ramaphosa, Shettima discussed strengthening intra-African relations.
He also emphasised the need for fostering partnerships to promote trade and development.
Similarly, Shettima engaged in talks with the Director-General of World Trade Organization (WTO), Ngozi Okonjo-Iweala, and President of the World Economic Forum, Børge Brende.
The discussions centered on collaborative efforts to address Africa’s challenges, including energy security, food crises and ecological threats.
On Nigeria’s reform agenda under President Bola Tinubu, Shettima highlighted ongoing measures such as subsidy removal, exchange rate alignment and tax reforms.
The vice-president noted that the country is now on a path to sustained economic growth.
He also advocated innovation in education and agriculture to empower Nigeria’s youth and drive economic progress. (NAN
24th January, 2025.
C.E.
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