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Wednesday, May 14, 2025

Tinubu making things happen; Nigeria ripe for investments, says Shettima

Vice-President Kashim Shettima says that with critical reforms in key sectors of the economy, Nigeria is ripe for investments.

• May 14, 2025
Vice President Kashim Shettima and delegates of Islamic Development Bank (Credit: NAN)
Vice President Kashim Shettima and delegates of Islamic Development Bank (Credit: NAN)

Vice-President Kashim Shettima says that with critical reforms in key sectors of the economy, Nigeria is ripe for investments.

Mr Shettima stated this on Tuesday when he hosted a delegation from the Islamic Development Bank at the Presidential Villa, Abuja. The delegation was led by the head of the bank’s Regional Hub, Hammad Hundal.

Mr Shettima said President Bola Tinubu’s administration had addressed most of the grey areas that hitherto served as disincentives to investors.

“It is an exciting opportunity to invest in Nigeria. The administration of President Tinubu has created the enabling environment. The administration is still doing so by addressing most of the grey areas that hitherto served as a disincentive. So, this is a great time to invest in Nigeria,” he said.

Mr Shettima said the administration was implementing well-thought-out interventions in human capital development, nutrition, agriculture, health, education and promotion of digital trade.

“This administration is poised to address the challenges that we have in key areas of human capital development, financial inclusion, infrastructure and nutrition. In fact, we have no option but to address most of these issues, and we will continue to act in the right direction,” the vice-president added.

He applauded Nigeria’s partnership with the Islamic Development Bank, noting that both entities are based primarily on the country’s national interest.

Mr Shettima urged IsDB to continue on the path already laid through its support for key government programmes like the Special Agro-Processing Zones programme, the i-DICE project and other initiatives.

Mr Shettima further noted that the bank’s programmes in Nigeria aligned with Mr Tinubu’s ‘Renewed Hope Agenda’ across different sectors.

He called for improved support from the bank in agriculture, human capital development, gender inclusion, investment in education and health infrastructure, and nutrition.

(NAN)

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