More
    HomeNewsNigeria woos Swedish investors as VP Shettima touts economic reforms

    Nigeria woos Swedish investors as VP Shettima touts economic reforms

    Published on

    spot_img

    Vice President Kashim Shettima, on Thursday, made a compelling case for global investors to capitalize on Nigeria’s burgeoning investment opportunities.

    Speaking at the Epicenter in Stockholm, Sweden, during his two-day visit to bolster trade and bilateral relations, Shettima emphasized Nigeria’s strategic advantages, including its large and youthful population, digital economy, agriculture and renewable energy sectors.

    “Nigeria is an ambitious nation, bound by the limitless potential of the Fourth Industrial Revolution,” Shettima said, highlighting the country’s commitment to innovation and progress.

    He cited the Tinubu administration’s bold reforms, such as unifying exchange rates and removing fuel subsidies, as crucial steps toward sustainable economic growth.

    READ ALSO: Shettima travels to Sweden for meeting with Crown Princess, PM

    The Vice President’s “Renewed Hope Agenda” prioritizes creating a competitive business environment, attracting foreign and domestic investments. Financial sector reforms, including the revised Cashless Policy and Open Banking Framework, promote financial inclusion and innovative financial products.

    Shettima identified digital economy, agriculture and renewable energy as key sectors addressing global challenges like food security, climate change and economic growth.

    He urged Swedish investors to seize Nigeria’s opportunities, fostering collaboration across finance, renewable energy, digital innovation, agriculture and education.

    Trade between Nigeria and Sweden grew 30% in 2022, demonstrating the potential for deeper collaboration. Shettima emphasized Nigeria’s sophisticated financial sector, resilience and strategic advantages, driven by its youthful population’s creativity and knowledge-sharing.

    The post Nigeria woos Swedish investors as VP Shettima touts economic reforms appeared first on Latest Nigeria News | Top Stories from Naomisophyblog.

    Latest articles

    Nigeria Pitches Credibility Over Rhetoric as Energy Transition Financing Takes Centre Stage at Davos

    From a public accountability and performance metrics standpoint, Nigeria used the global platform of...

    Airlines, Other Stakeholders Rub Minds with House Committee on Disability Matters

    Amah A. Amah Today, Thursday, 12th December, 2024, airlines, architects, as well as other stakeholders...

    Better Future Beckons for PWDs in Nigeria as House Committee Chairman Seeks Collaboration with KOREA

    Amah A. Amah in Abuja  It was in furtherance of his commitment and efforts to...

    Nigeria: Tinubu Celebrates Port Harcourt Refinery Revival, Urges NNPCL to Fast-Track Warri, Kaduna

    President Bola Tinubu has directed the management of the Nigeria National Petroleum Company, Limited,...

    More like this

    Nigeria Pitches Credibility Over Rhetoric as Energy Transition Financing Takes Centre Stage at Davos

    From a public accountability and performance metrics standpoint, Nigeria used the global platform of...

    Airlines, Other Stakeholders Rub Minds with House Committee on Disability Matters

    Amah A. Amah Today, Thursday, 12th December, 2024, airlines, architects, as well as other stakeholders...

    Better Future Beckons for PWDs in Nigeria as House Committee Chairman Seeks Collaboration with KOREA

    Amah A. Amah in Abuja  It was in furtherance of his commitment and efforts to...