Connect with us

National News

AT 2025 WEF, VP Shettima Markets Nigeria, Africa As Investment Destination

Published

on

AT 2025 WEF, VP Shettima Markets Nigeria, Africa As Investment Destination

** Says Africa Has Indeed Woken Up

By: Our Reporter

Vice President Kashim Shettima has said serious investors can now take unfettered advantage of Nigeria’s growing investment climate to tap from the limitless opportunities in the country and the African continent.

VP Shettima spoke on Tuesday during a forum titled, “Roadmap to Co-create Investment Opportunities for Africa’s Frontier Markets,” at the ongoing annual meeting of the 2025 World Economic Forum ( WEF) in Davos, Switzerland.

At the session which was co-chaired by Mirek Dusek, Managing Director of World Economic Forum, and chaired by Marie-Laure Akin Olugbade, Senior Vice President, African Development Bank (AFDB) group, discussions focused on the Humanitarian and Resilience Investing Roadmap for Africa.

He told the forum that the tales they hear about the country and the African continent as a whole are really not that of doom and gloom as being painted by doomsday proponents.

The Vice President noted that Nigeria is poised to invade the global business platform with modernisation and robust investments, assuring that President Bola Ahmed Tinubu, a seasoned chartered accountant, is working to make the nation an investment destination in Africa.

“For 20 years, I have been in the Nigerian banking industry. I was a general manager in Nigeria’s largest bank, Zenith Bank. I grew up in that ecosystem. The President himself is a seasoned chartered accountant. So, I believe that Nigeria is ready for business, Nigeria is ready to embrace the path of modernization with very robust investment,” he declared.

Acknowledging however that the nation may still have certain deficits, VP Shettima pointed out that Nigeria is looking up to the African Continental Free Trade Area (AfCFTA) to address the challenges.

He stated: “We are having a huge deficit but we are looking forward to the AfCFTA and that involves investing in infrastructure for instance the coastal highway from Calabar to Lagos is the largest single investment in Africa. We are building corridors to the North.

“We have the West African gas pipeline. We are thinking ahead of time akin to the Belt and Road Initiative. We are partnering with 14 African countries to invest in gas infrastructure down to Morocco.”

Senator Shettima insisted that Africa is not all about tales of doom and gloom, maintaining that the continent has woken up from its slumber.

Likening Napoleon Bonaparte’s opinion about China to the case of Africa, the VP said, “So, Your Excellencies, ladies and gentlemen, the stories you hear about Africa are not that of doom and gloom. From DRC to Somalia, South Africa, Egypt, Ethiopia, Ghana, and Cote d’Ivoire, Africa is waking up from its slumber.

“I remember what Napoleon Bonaparte said about China, he said “China is a sleeping giant but when she wakes up, she will rattle the world”. So, Africa has woken up and we will take our rightful place in the comity of nations because as I said earlier, the trajectory of global growth is facing Africa. We are the youngest continent.”

Also drawing a leaf from the late Nigerian head of state, Gen. Murtala Mohammed, VP Shettima said Africa has come of age and can no longer be treated like an adolescent.

“I want to quote Murtala Mohammed – a Nigerian military leader at an extraordinary summit of the OAU, about 50 years ago. He said “Africa has come of age, it is no longer under the orbit of any extra-continental power, and it shall no longer take orders from any country, however powerful,” he concluded.

Meanwhile, in a show of African leadership collaboration at the World Economic Forum in Davos, Nigeria’s Vice President, Senator Shettima, on Tuesday joined South African President, Cyril Ramaphosa, as special guest of honor at a high-level briefing, following his earlier participation in the Africa Investment Forum.

….VP Shettima, Botswana’s President Hold Talks

  • Meet WTO DG, Okonjo – Iweala

Similarly, Vice President Kashim Shettima and the President of Botswana, Duma Boko, on Tuesday held a bilateral meeting where areas of mutual interest between both countries were discussed.

The meeting, which took place on the sidelines of the World Economic Forum 2025 in Davos, Switzerland, is part of Nigeria’s commitment to fostering stronger intra-African relations and economic cooperation.

Both leaders emphasized the importance of leveraging their countries’ strengths to promote mutual growth and development.

The Vice President, who congratulated President Duma Boko on his election victory, called for deeper partnerships and collaborations between African nations, saying it is time Africa united and presented a common front on interests regarding the continent.

During the meeting, Vice President Shettima welcomed the Director General of the World Trade Organisation, Dr. Ngozi Okonjo-Iweala, introducing her to the Botswana President.

The Vice President commended Dr. Okonjo-Iweala’s exceptional achievements, describing her as one of Africa’s finest.

Other areas of interest discussed between the two leaders included trade, investment and strengthening of diplomatic ties.

AT 2025 WEF, VP Shettima Markets Nigeria, Africa As Investment Destination

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

National News

VP Shettima Mourns Late Alhaji Aminu Dantata, Says Nigeria Has Lost An Irreplaceable Institution

Published

on

VP Shettima Mourns Late Alhaji Aminu Dantata, Says Nigeria Has Lost An Irreplaceable Institution

By: Michael Mike

Vice President Kashim Shettima has expressed deep grief over the passing of prominent Nigerian businessman and philanthropist, Alhaji Aminu Alhassan Dantata, saying the nation has lost an irreplaceable institution.

The late Dantata, an uncle of Africa’s richest man, Alhaji Aliko Dangote, passed away at the age of 94 in Abu Dhabi in the early hours of Saturday in the United Arab Emirates (UAE), according to Mustapha Abdullahi Junaid, his Personal Private Secretary (PPS), who confirmed the death.

In a condolence message, Vice President Shettima praised the late businessman for his lifetime of service, describing him as “a living bridge that connected us to our past.

“We have not just lost a leader; we have lost an irreplaceable institution,” Senator Shettima said, describing Dantata as “one of the greatest titans in Nigeria’s philosophical history” whose departure marks the end of a vital chapter in the country’s economic and democratic evolution.

“In African tradition, when such an elderly person transitions, a vital chapter of our history departs with them. He was indeed among the great titans, a living bridge that connected us to our past,” VP Shettima added.

The Vice President extended heartfelt condolences to the Dantata family, expressing hopes that they would “find the fortitude to bear this irreparable loss,” even as he prayed that Almighty Allah would grant the deceased Jannatul Firdaus.

Born into the legendary Dantata family of Kano, Alhaji Aminu built on his father’s commercial legacy to become one of Nigeria’s most influential business figures. His empire spans construction, manufacturing, banking, agriculture, and the oil and gas sectors.

Beyond business, Dantata was renowned for his extensive philanthropic work, funding schools, mosques, health centres, and supporting widows and the underprivileged across Nigeria.

VP Shettima Mourns Late Alhaji Aminu Dantata, Says Nigeria Has Lost An Irreplaceable Institution

Continue Reading

National News

Nigeria-EU Senior Officials Meet in Abuja to Prepare for Upcoming Nigeria – EU Ministerial Meeting

Published

on

Nigeria-EU Senior Officials Meet in Abuja to Prepare for Upcoming Nigeria – EU Ministerial Meeting

By: Michael Mike

The Senior Officials Meeting between Nigeria and the European Union (EU) will be held on Tuesday 1st and Wednesday 2nd July 2025 in Abuja to prepare for the upcoming Nigeria – EU Ministerial Meeting and to explore areas of cooperation.

A statement on Saturday by the Press Officer, EU Delegation to Nigeria and ECOWAS, Modestus Chukwulaka, read: “The Delegation of European Union to Nigeria and ECOWAS wishes to inform that the Senior Officials Meeting between the Federal Republic of Nigeria and the European Union (EU) will be held on Tuesday 1st and Wednesday 2nd July 2025 in Abuja.

“The agenda of the very important meeting is to prepare for the upcoming Nigeria – EU Ministerial Meeting and to explore areas of cooperation.”

According to the statement, the Senior Officials Meeting will be co-chaired by the Regions, Ministry of Foreign Affairs, Nigeria, Ambassador Janet Olisa, Director, and the Deputy Managing Director for Africa Department, European External Action Service, European Union, Mr Mathieu Briens.

The statement revealed that the agenda of the meeting is expected to entail wide-ranging discussions that would focus on various aspects of the Nigeria – EU partnership, such as: Cooperation on multilateral and regional issues; Peace, Security and Governance; Humanitarian situation; Trade and Investment; Human Development: Health, Education, Social Protection; Science, technology, innovation and digital transition; Migration; Energy, climate change and green economy transition among others.

Nigeria and the European Union share a deep, long-standing partnership inspired by mutual values and interests as well as support for multilateralism and rule-based international order, the statement said.

Nigeria-EU Senior Officials Meet in Abuja to Prepare for Upcoming Nigeria – EU Ministerial Meeting

Continue Reading

National News

Farida Waziri Tasks Benue Leaders to Unite, Act and Save Their People

Published

on

Farida Waziri Tasks Benue Leaders to Unite, Act and Save Their People


…. Donates relief materials to displaced persons in Yelwata, IDP camp

By: Michael Mike

Former Executive Chairman of the Economic and Financial Crimes Commission, (EFCC), Mrs. Farida Waziri has charged former governors, legislators, traditional rulers and other stakeholders in Benue state to set aside rivalry, unite and act with urgency to save their people from incessant attacks and killings.

Waziri, a retired Assistant Inspector General of Police and Principal Partner, Brookfield Chambers Abuja stated this on Saturday 28th June 2025 while donating relief materials to victims of the recent gunmen attacks in Yelwata community and displaced persons at the internally displaced persons (IDP) camp in Makurdi, the Benue state capital.

Some of the items donated under the banner of Women, Youth, Children and Crime Organisation (WYCCO), a non-governmental organization founded by her, include: bags of rice, sugar, tubers of yam and other household items.

She said: “This is no time for division. It is no time for political squabbling or ego-driven manoeuvring. Among us are men and women who have led this state — former governors, legislators, traditional rulers — individuals with influence and authority. The time has come to set aside our differences and stand united, for the sake of the ordinary Benue man, woman, and child.

“That is why I stand here today to make this urgent and heartfelt appeal to our leaders: cast aside rivalry, unite, and act. Act with urgency. Act with purpose. Because what we face now increasingly resembles a deliberate, coordinated effort to erase our people and our heritage.

“We must take heed of the words of Sir Winston Churchill, who once said:
‘Our difficulties and dangers will not be removed by closing our eyes to them.’
Another of Churchill’s warnings is just as relevant to our present predicament:
‘If you will not fight for right when you can easily win without bloodshed… you may come to the moment when you will have to fight with all odds against you and only a precarious chance of survival.”

Waziri, while stating that her call was a build up to the earlier proposal by President Bola Tinubu during his recent visit Beforehand Benue, noted that meetings alone would not solve the problem, urging that: “But let us be sincere: peace will not come from meetings alone. To end the cycle of violence, we must confront its roots. Before the Yelwata massacre, communities in Gwer West, Apa, and Guma had already endured weeks of killings, kidnappings, and raids. These horrors did not emerge in a vacuum; they are symptoms of deeper issues.

“We must therefore confront the real causes — ethnic and religious tensions, unchecked banditry, and the rise of cultism as well as the abuse of illicit drugs. These forces must be tackled, along with the herder-farmer conflict, with honesty and courage. We cannot afford to keep going in circles. And there is no room for blame games. Our leaders — and indeed, all of us — must be pragmatic. So today, let us commit, as one people, to healing our wounds, reclaiming our land, and ensuring that never again will a child in Benue grow up in a camp instead of a home”

She said the development in Benue must be of “concern to all sons and daughters of Benue regardless of whether we live within its borders or far away in the diaspora to find out the root cause of these attacks with a view to proferring solutions that will bring an end to these barbaric acts”

Farida Waziri Tasks Benue Leaders to Unite, Act and Save Their People

Continue Reading

Trending

Verified by MonsterInsights