Economic Integration And Big Deals: Shettima Returns After Successful WEF Participation

Economic Integration And Big Deals: Shettima Returns After Successful WEF Participation

Vice President Kashim Shettima has concluded his participation in the 2025 World Economic Forum (WEF) in Davos, Switzerland, and has….Economic Integration And Big Deals: Shettima Returns After Successful WEF Participation

returned to Nigeria.

This development was disclosed by Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications (Office of the Vice President), in a statement issued on Friday in Abuja.

Representing Nigeria at the global summit, Shettima showcased the nation’s vast investment opportunities to an international audience. He emphasized the importance of economic integration in Africa and held strategic discussions with global leaders and international organizations.

During the forum, Shettima participated in several key sessions, including a high-profile event organized by the African Development Bank (AfDB) and WEF titled, “Roadmap to Co-create Investment Opportunities for Africa’s Frontier Markets.” Here, he reiterated Nigeria’s commitment to attracting foreign investment for sustainable economic growth.

He also reaffirmed Nigeria’s dedication to the African Continental Free Trade Area (AfCFTA) agreement and underscored the transformative potential of digital trade, projecting Africa’s economy to reach a valuation of $29 trillion by 2050.

Shettima engaged in bilateral meetings with influential global figures such as Botswana’s President Duma Boko, South Africa’s President Cyril Ramaphosa, World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala, and World Economic Forum President Børge Brende. Discussions revolved around bolstering intra-African trade, promoting partnerships, and addressing challenges like energy security, food crises, and environmental threats.

Highlighting reforms under President Bola Tinubu’s administration, Shettima pointed to measures like subsidy removal, exchange rate alignment, and tax restructuring as steps toward achieving sustained economic growth.

The vice president’s participation at WEF further underscored Nigeria’s readiness to partner with global stakeholders to advance Africa’s frontier markets and drive economic transformation.

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