HomeEconomySHETTIMA RETURNS TO NIGERIA, NIGERIA BACK ON GLOBAL ECONOMIC FRONTLINE.

SHETTIMA RETURNS TO NIGERIA, NIGERIA BACK ON GLOBAL ECONOMIC FRONTLINE.

Vice President Kashim Shettima has returned to Abuja following a week-long diplomatic and economic engagement in Guinea-Conakry and Switzerland, asserting that Nigeria has re-established itself as a key player in global and regional policy discussions.

A statement issued by his Senior Special Assistant on Media and Communication, Stanley Nkwocha, confirmed that the Vice President arrived at the Nnamdi Azikiwe International Airport on Saturday.

During the trip, Shettima represented President Bola Tinubu at the inauguration of Guinea’s President, Mamadi Doumbouya, and subsequently led Nigeria’s delegation to the 56th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland.

According to the Vice President, the engagements underscored Nigeria’s renewed dedication to regional cooperation in West Africa and its resolve to reposition the economy in line with President Tinubu’s Renewed Hope agenda.

In Conakry, Shettima attended President Doumbouya’s inauguration, reaffirming Nigeria’s leadership role within ECOWAS while exploring opportunities for strengthened bilateral collaboration, particularly in agriculture and manufacturing.

He later proceeded to Davos, where he headed Nigeria’s delegation to WEF 2026. One of the major highlights of the visit was the commissioning of Nigeria House Davos — the country’s first sovereign pavilion on the Davos Promenade.

The pavilion is designed as a permanent investment hub, showcasing opportunities across key sectors such as solid minerals, agriculture, and the digital economy.

At a high-level WEF session themed “When Food Becomes Security,” the Vice President presented Nigeria’s new national food security framework, describing agriculture as a core pillar of national security and macroeconomic stability.

Shettima also joined former President Olusegun Obasanjo, former Vice President Yemi Osinbajo, and Minister of Finance Wale Edun in advancing the Accra Reset Initiative, a platform advocating African industrialisation driven by domestic capital, local value chains, and reduced dependence on foreign aid.

Addressing investors, the Vice President noted that Nigeria’s macroeconomic indicators were improving, citing a projected GDP growth of 4.4 per cent in 2026 and a decline in inflation to 12.94 per cent.

He further highlighted Nigeria’s imminent transition into a net exporter of refined petroleum products, anchored by the Dangote Refinery, as well as the country’s expanding export of digital talent.

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