Nigeria champions investment opportunities for global investors in Sweden

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During a two-day trade mission in Stockholm, Vice President Kashim Shettima made a strong appeal for international investors to explore Nigeria’s vast investment potential. Speaking at the Epicenter, Shettima highlighted Nigeria’s strategic assets, including its youthful demographic, thriving digital economy, and robust agriculture and renewable energy sectors.

“Nigeria is a nation fueled by the endless possibilities of the Fourth Industrial Revolution,” he stated, underscoring the government’s dedication to innovation and development. Shettima pointed to significant reforms under the Tinubu administration, such as unifying exchange rates and eliminating fuel subsidies, as vital for sustainable economic growth.

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His “Renewed Hope Agenda” aims to foster a competitive business landscape that attracts both foreign and domestic investment. Key financial reforms, including the revamped Cashless Policy and Open Banking Framework, are designed to enhance financial inclusion and promote innovative financial solutions.

With trade between Nigeria and Sweden increasing by 30% in 2022, Shettima encouraged Swedish investors to leverage opportunities in finance, renewable energy, digital innovation, agriculture, and education, emphasizing Nigeria’s resilience and creative potential driven by its youthful population.


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