Vice President Kashim Shettima has called on international investors to tap into Nigeria’s evolving investment landscape, emphasizing the nation’s improved business environment. During a meeting with Swedish business leaders in Stockholm, Sweden, Shettima highlighted Nigeria’s bold economic reforms and the administration’s focus on fostering a competitive environment for both foreign and domestic investments.

Speaking at Epicenter in Stockholm as part of his two-day working visit, Shettima pointed out that Nigeria and Sweden have a longstanding history of cooperation, particularly in trade, technology, and sustainable development. He stressed that key sectors like the digital economy, agriculture, and renewable energy present significant opportunities for investment.

The Vice President assured investors that under President Bola Ahmed Tinubu’s leadership, reforms such as the unification of exchange rates and removal of fuel subsidies, though challenging, have laid a foundation for sustainable economic growth. He also mentioned innovations in the financial sector, including the Cashless Policy and Open Banking Framework, which promote financial inclusion.

Shettima emphasized that Nigeria’s strategic advantage is not only in being Africa’s largest population and ICT market but also in the creativity and dynamism of its youth, whom he described as the driving force of the economy.

Highlighting a 30% increase in trade between Nigeria and Sweden in 2022, Shettima urged deeper collaboration between both nations, particularly in sectors like finance, renewable energy, agriculture, and education. He invited Swedish investors to explore the numerous opportunities available in Nigeria, with the promise of mutual benefits for both nations.