NIGERIA OPEN TO INVESTMENTS, COLLABORATIONS ACROSS DIVERSE SECTORS – VICE PRESIDENT SHETTIMA

Vice President Kashim Shettima has said Nigeria’s doors are open to investments and collaborations across diverse sectors, emphasizing President Bola Ahmed Tinubu’s determination to transform the nation’s economy. Senior Special Assistant to The President on Media & Communications, Stanley Nkwocha, issued a statement on Monday detailing Shettima’s remarks when he received a VISA delegation led by Regional President Tareq Muhmood at the Presidential Villa, Abuja.

Shettima noted the Tinubu administration’s bold reforms since 2023 are yielding positive results despite initial challenges. “President Bola Ahmed Tinubu is determined to change the face of our nation. Today, there is a great room for expansion in the Nigerian economy. 8 out of the 10 unicorns in Africa are from Nigeria,” Shettima said.

The Vice President commended VISA’s growing interest in Nigeria, urging the company to leverage the nation’s huge unbanked population in its Africa expansion. “The economy has picked pace, we have crossed the rubicon and we are on a path of sustainable growth. The tax reforms are gaining traction, we are restoring discipline to the system and our foreign reserve is growing steadily,” Shettima stated.

VISA’s Muhmood praised Tinubu’s economic reforms, linking them to recent sectoral growth. He announced VISA’s plans to increase its Nigerian stake and participate in impactful programmes. Shettima highlighted digital payments’ potential for transparency and curbing corruption. The meeting included VISA executives Aminata Kane, Andrew Uaboi, and Chidozie Arinze, alongside Nkwocha.