Vice President Kashim Shettima has urged global investors to capitalize on Nigeria’s expanding economic prospects during the 2025 World Economic Forum (WEF) held in Davos, Switzerland.
Speaking at a session focused on investment opportunities in Africa’s emerging markets, Shettima sought to dispel negative stereotypes about the continent. “Africa is no longer the sleeping giant many perceive it to be,” he stated, referencing Napoleon Bonaparte’s famous remark about China. “Africa has risen, and we are ready to claim our rightful position on the global stage.”
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Emphasizing Nigeria’s leadership in economic reform, Shettima highlighted his extensive background in banking and President Bola Tinubu’s financial acumen. “I spent two decades in Nigeria’s banking sector, rising to the position of General Manager at Zenith Bank, one of the country’s largest financial institutions. President Tinubu is also a highly skilled chartered accountant. Nigeria is open for business and committed to modernization with strong investment potential,” he assured.
While acknowledging existing challenges, Shettima underscored several ambitious infrastructure initiatives aimed at driving economic growth. He cited the construction of a coastal highway linking Calabar to Lagos as the largest infrastructure project on the continent. Additionally, he discussed Nigeria’s collaboration with 14 other African nations to develop the West African gas pipeline, extending all the way to Morocco.
On the sidelines of the forum, Shettima held discussions with Botswana’s President, Duma Boko, exploring opportunities to enhance bilateral relations. He also met with World Trade Organization Director-General, Dr. Ngozi Okonjo-Iweala, commending her leadership and contributions to Africa’s economic advancement.
