• Okonjo Iweala
• VP Shettima
• WEF

AT 2025 WEF, VP SHETTIMA MARKETS NIGERIA, AFRICA AS INVESTMENT DESTINATION

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  Nicolas Adekeye / 3 months
• 0
• 2 min read

Vice President Kashim Shettima has called on serious investors to take advantage of Nigeria’s growing investment climate and tap into the limitless opportunities in the country and the African continent. Speaking at the ongoing annual meeting of the 2025 World Economic Forum in Davos, Switzerland, the Senior Special Assistant to the President on Media & Communications, Stanley Nkwocha, in a statement, said VP Shettima emphasized Nigeria’s readiness to invade the global business platform with modernization and robust investments. President Tinubu as an Accountant Nkwocha stated that VP Shettima noted that President Bola Ahmed Tinubu, a seasoned chartered accountant, is working to make Nigeria an investment destination in Africa. “For 20 years, I have been in the Nigerian banking industry. I was a general manager in Nigeria’s largest bank, Zenith Bank. I grew up in that ecosystem. The President himself is a seasoned chartered accountant. So, I believe that Nigeria is ready for business, Nigeria is ready to embrace the path of modernization with very robust investment,” Shettima declared. Shettima pointed out that Nigeria is looking up to the African Continental Free Trade Area to address its challenges, citing the coastal highway from Calabar to Lagos as the largest single investment in Africa. He also mentioned the West African gas pipeline and partnerships with 14 African countries to invest in gas infrastructure down to Morocco. Shettima insisted that Africa is not all about tales of doom and gloom, maintaining that the continent has woken up from its slumber. “So, Your Excellencies, ladies and gentlemen, the stories you hear about Africa are not that of doom and gloom. From DRC to Somalia, South Africa, Egypt, Ethiopia, Ghana, and Cote d’Ivoire, Africa is waking up from its slumber,” he said. Shettima also drew on the words of late Nigerian head of state, Gen. Murtala Mohammed, saying Africa has come of age and can no longer be treated like an adolescent. In a show of African leadership collaboration, Shettima joined South African President Cyril Ramaphosa as special guest of honor at a high-level briefing. He also held a bilateral meeting with the President of Botswana, Duma Boko, to discuss areas of mutual interest, including trade, investment, and strengthening diplomatic ties. Nkwocha stated that Shettima commended the Director General of the World Trade Organisation, Dr. Ngozi Okonjo-Iweala, describing her as one of Africa’s finest.