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  • Business - Economy
  • Updated: April 18, 2024

Nigeria will become major economic force under Tinubu — Shettima

Nigeria will become major economic force under Tinubu — Sh

Vice-President Kashim Shettima has said that Nigeria will become a major economic force in the world under President Bola Tinubu.

He said this at the Presidential Villa, Abuja when he hosted a delegation from the Commonwealth Enterprise Investment Council (CWEIC) led by its Chief Executive Officer (CEO), Rosie Glazerbrook.

According to him, the Tinubu’s administration is committed to creating an unprecedented enabling environment for both local and foreign investors to thrive.

“This is being done through harnessing resources of the country’s youth population in digital technology, improving electricity supply, boosting production and manufacturing, among other initiatives of government,” he said.

Shettima further noted that the Tinubu-led Federal Government is determined to transform the country’s demographic bulge into demographic dividends.

He assured that the Tinubu’s administration would harness the resources of its young population to build a more prosperous and progressive country.

The Vice President declared that Nigeria is ready for business having being blessed with a pro-business leader who rose from the business ecosystem and has shown commitment to supporting the growth of businesses.

He said the administration is ready to create the enabling environment for both indigenous and foreign businesses to grow.

“By 2050, Nigeria will be the third most populous country in the world and only recently, an investment bank projected that by 2075 Nigeria’s economy will be the third largest in the world.

"It shows that the trajectory of global growth is facing Africa and Nigeria will make or mar that transition.

"So, the future belongs to Africa. If Nigeria works, Africa works.

“You have come to Nigeria at the right time – a time when a pro-business government is at the helm of affairs in the country and we are ready for business – .”

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