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Vice President Kashim Shettima Returns from Strategic Diplomatic and Economic Engagements
After a week dedicated to strengthening diplomatic ties and exploring economic prospects, Vice President Kashim Shettima has arrived back in Nigeria. His recent travels took him to Guinea-Conakry and Switzerland, where he engaged in high-level discussions and represented Nigeria on significant international platforms.
Representation at Guinea’s Presidential Inauguration
Shettima touched down at Nnamdi Azikiwe International Airport on Saturday, having attended the inauguration ceremony of Guinea’s newly elected President, Mamadi Doumbouya. Acting on behalf of President Bola Tinubu, the Vice President’s presence underscored Nigeria’s commitment to fostering strong bilateral relations within West Africa.
Leadership Role at the 56th World Economic Forum in Davos
In Switzerland, Shettima led Nigeria’s delegation to the prestigious 56th Annual Meeting of the World Economic Forum (WEF) in Davos. This event provided a platform to showcase Nigeria’s economic potential and engage with global leaders on investment and development opportunities.
Emphasizing Regional Unity and Economic Revitalization
Highlighting the purpose of his mission, Shettima emphasized Nigeria’s renewed dedication to regional cooperation across West Africa. He also reiterated the administration’s focus on economic transformation under President Tinubu’s “Renewed Hope” agenda, aimed at sustainable growth and diversification.
Inauguration of Nigeria House: A Landmark Investment Pavilion
A key milestone during the Davos visit was the official opening of Nigeria House, the nation’s inaugural sovereign pavilion on the Davos Promenade. This permanent exhibition space is designed to attract global investors by spotlighting Nigeria’s rich opportunities in sectors such as solid minerals, agriculture, and the burgeoning digital economy.
Participation in the Accra Reset Initiative for African Industrial Growth
Vice President Shettima also took part in the Accra Reset Initiative, joining prominent figures including former President Olusegun Obasanjo, former Vice-President Yemi Osinbajo, and Finance Minister Wale Edun. This initiative champions the advancement of African industrialization through the mobilization of domestic capital and the strengthening of local value chains, moving away from dependency on external aid.
Looking Ahead: Nigeria’s Strategic Economic Positioning
These engagements reflect Nigeria’s proactive approach to enhancing its economic landscape and regional influence. With Africa’s industrial sector projected to grow by over 5% annually according to recent African Development Bank reports, initiatives like the Accra Reset and platforms such as Nigeria House are pivotal in positioning the country as a key player in continental development.
