Nigeria Poised to Become Global Economic Powerhouse Under President Tinubu – VP Shettima
In a resounding endorsement of Nigeria’s economic potential, Vice President Kashim Shettima has expressed confidence that Nigeria will emerge as a major global economic force under the leadership of President Bola Ahmed Tinubu.
Speaking from his office at the Presidential Villa, Vice President Shettima conveyed his optimism during a meeting with a delegation from the Commonwealth Enterprise Investment Council (CWEIC), led by CEO Rosie Glazerbrook. He emphasized the Tinubu administration’s unwavering commitment to creating an unparalleled enabling environment for local and foreign investors to thrive.
Highlighting the government’s initiatives, Vice President Shettima underscored the focus on leveraging the country’s youthful demographic dividend, enhancing digital technology, improving electricity supply, and bolstering production and manufacturing sectors.
Furthermore, in a separate meeting with a delegation from the Institute of Chartered Accountants of Nigeria (ICAN), Vice President Shettima assured that the executive arm of government would collaborate with the National Assembly to review ICAN’s enabling Act of 1965. This review aims to align ICAN’s practices with global standards and international best practices.
Addressing the CWEIC delegation, Vice President Shettima emphasized President Tinubu’s pro-business stance and commitment to fostering a conducive environment for businesses to flourish in Nigeria. He affirmed that Nigeria is ripe for investment, poised to become a global economic powerhouse, and welcomed investors from around the world to explore opportunities in the country.
CEO Rosie Glazerbrook echoed this sentiment, expressing CWEIC’s support for the Nigerian government’s efforts to boost trade and investment. She highlighted upcoming events, including the Commonwealth Trade and Investment Forum in London in 2025 and a proposed forum in Nigeria later in the same year, aimed at facilitating interactions between Nigerian businesses and foreign partners.
Attending the meeting were notable figures such as Chief Jim Ovia, Founder of Zenith Bank; Mr. Olasupo Shasore, Chair of CWEIC in Nigeria; Mr. Obinna Anyanwu, CWEIC Country Director, Nigeria, along with representatives from public and private sectors partners and members of the Council.
The positive outlook shared by Vice President Shettima reflects Nigeria’s determination to capitalize on its vast potential and position itself as a key player in the global economy under President Tinubu’s leadership.
