Vice President Kashim Shettima has returned to Nigeria after his eventful engagements at the 2025 World Economic Forum (WEF) in Davos, Switzerland.
A statement by his spokesman, Stanley Nkwocha, said the Vice President, who represented Nigeria at the annual global economic summit presented the nation’s investment opportunities to a global audience, advocated African economic integration and held strategic meetings with world leaders and international organisations.
During his time in Davos, VP Shettima participated in forums that drew attention to the importance of driving investment into Africa’s frontier markets.
At a forum titled: “Roadmap to Co-create Investment Opportunities for Africa’s Frontier Markets,” organised by the African Development Bank (AfDB) and WEF, the Vice President reaffirmed Nigeria’s readiness to attract capital for sustainable growth.
In another forum, he assured of Nigeria’s commitment to the African Continental Free Trade Area (AfCFTA), just as he reaffirmed the nation’s resolve to leverage digital trade as a tool for economic transformation, projecting Africa’s potential to achieve a $29 trillion economy by 2050.
In bilateral meetings with global leaders, including the President of Botswana, Duma Boko, and President of South Africa, Cyril Ramaphosa, VP Shettima discussed strengthening intra-African relations and fostering partnerships to promote trade and development.
He also engaged in talks with the Director-General of World Trade Organisation (WTO), Ngozi Okonjo-Iweala, and President of the World Economic Forum, Børge Brende, on collaborative efforts to address Africa’s challenges, including energy security, food crises and ecological threats.
Speaking on Nigeria’s reform agenda under President Bola Tinubu, the VP highlighted ongoing measures such as subsidy removal, exchange rate alignment and tax reforms, noting that the country is now on a path to sustained economic growth.
Other highlights of his participation include his role as a panelist in the “Financial Times Global Risks 2025” dialogue, where he stressed the importance of multilateral collaboration to address global crises.
He also advocated innovation in education and agriculture to empower Nigeria’s youth and drive economic progress.
Shettima was accompanied on the trip by senior government officials comprising the Minister of Foreign Affairs, Amb. Yusuf Tuggar; Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun; Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole and Executive Secretary of Nigerian Investment Promotion Commission, Aisha Rimi.
