Nigeria will become Major Global Economy Under PRESIDENT Tinubu – Shettima

Vice-President Kashim Shettima voiced confidence in Nigeria’s potential to emerge as a significant economic power globally under President Bola Tinubu.

He made these remarks at the Presidential Villa in Abuja while receiving a delegation from the Commonwealth Enterprise Investment Council (CWEIC), headed by its Chief Executive Officer, Rosie Glazerbrook.

Shettima emphasized the commitment of Tinubu’s administration to fostering an unparalleled conducive environment for the success of both domestic and international investors.

“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 government,” he said

Mr. Shettima affirmed that under the leadership of Tinubu, the Federal Government is resolute in converting the country’s demographic bulge into demographic dividends.

He guaranteed that Tinubu’s administration would leverage the potential of its youthful population to construct a more affluent and forward-looking nation.

The Vice President asserted that Nigeria is open for business, benefitting from a pro-business leader who emerged from the business landscape and has demonstrated dedication to fostering business growth.

He emphasized that the administration is prepared to establish a conducive atmosphere for the expansion of both local and foreign enterprises.

“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, on her end, assured the Nigerian government of the group’s backing.

She outlined CWEIC’s upcoming events, both within Nigeria and internationally.

These include the Commonwealth Trade and Investment Forum scheduled for London in 2025 and the planned Trade and Investment Forum set to take place in Nigeria during the latter half of 2025.

She pledged the CWEIC’s support to the Nigerian economy, saying, “we want to help boost trade and investment into Nigeria.

“And equally support Nigerian businesses looking out to develop plans for more interactions with foreign partners.

“We will really like to look up to where we can encourage the Nigerian government and the business community to take advantage of the commonwealth market across the 56 countries and other partners in the Middle-East and North Africa,” she said.

In attendance were Chief Jim Ovia, the Founder of Zenith Bank; Olasupo Shasore, Chairman of CWEIC in Nigeria; Obinna Anyanwu, CWEIC Country Director for Nigeria; as well as representatives from partner organizations and members of the Council from both the public and private sectors.

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