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‘Nigeria Will Become Major Global Economy Under Tinubu’ – Shettima

‘Nigeria Will Become Major Global Economy Under Tinubu’ – Shettima 

Vice President Kashim Shettima is confident that President Bola Tinubu will make Nigeria a significant economic force in the world. 

At the Commonwealth Enterprise Investment Council (CWEIC) delegation led by CEO Rosie Glazerbrook, Shettima made this statement at the Presidential Villa in Abuja.

According to him, Tinubu’s administration is committed to creating an unprecedented enabling environment for both local and foreign investors to thrive.

“This is being done through harnessing resources of the country’s youth population in digital technology, improving electricity supply, boosting production and manufacturing, among other initiatives of the government,” he said.

He promised that Tinubu’s government will use the youthful population’s resources to create a more affluent and forward-thinking nation.

The Vice President said that Nigeria is open for business since the country has a pro-business leader who arose from the business community and has demonstrated a dedication to fostering the expansion of companies.

According to him, the administration is prepared to establish favourable conditions for the expansion of both domestic and foreign companies.

“By 2050, Nigeria will be the third most populous country in the world, and only recently, an investment bank projected that by 2075, Nigeria’s economy will be the third largest in the world.

“It shows that the trajectory of global growth is facing Africa, and Nigeria will make or mar that transition.

“So, the future belongs to Africa. If Nigeria works, Africa works.

“You have come to Nigeria at the right time—a time when a pro-business government is at the helm of affairs in the country and we are ready for business.”

Glazerbrook promised the Nigerian authorities that the organisation would back them.

She gave an overview of some of the upcoming events of CWEIC, both inside and outside of Nigeria.

She listed the projected Trade and Investment Forum, which would take place in Nigeria in the second half of 2025, and the Commonwealth Trade and Investment Forum, which would take place in London in 2025.

Also present were Founder of Zenith Bank, Chief Jim Ovia; Chairman of the CWEIC in Nigeria, Mr Olasupo Shasore; CWEIC Country Director, Nigeria, Mr Obinna Anyanwu; and representatives of partners and members of the Council from the public and private sectors. (NAN)

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