During a reception of a Commonwealth Enterprise and Investment Council (CWEIC) delegation in Nigeria, Governor Shettima discussed key economic initiatives aimed at driving the country’s growth. Emphasizing the Tinubu government’s commitment to fostering investment, Shettima outlined a vision that focuses on leveraging Nigeria’s youthful population in digital technology, enhancing electricity supply, stimulating production and manufacturing, and implementing growth-focused strategies.
The Vice President underscored Nigeria’s openness to investors, citing President Tinubu’s pro-business leadership. Nigeria’s vast economic potential was highlighted, projecting it to become the third most populous country by 2050 and the third largest economy by 2075. These projections indicate Africa’s role in global growth, with Nigeria at the forefront of this transformation.
CWEIC CEO, Rosie Glazerbrook, expressed support for Nigeria’s economic development and emphasized the importance of strengthening trade and investment. She announced upcoming CWEIC events like the Commonwealth Trade and Investment Forum in London in 2025 and a Trade and Investment Forum in Nigeria to enhance economic ties and explore new opportunities in the Commonwealth market.
The meeting between Governor Shettima, CWEIC, and Nigerian government representatives signals a new chapter in the country’s economic trajectory. By fostering an investment-friendly environment and bolstering international trade relations, Nigeria is establishing itself as a pivotal player in global economic development.
[Original Article Link](https://eng.fatshimetrie.org/2024/04/18/statement-by-shettima-during-reception-of-a-cweic-delegation-in-nigeria/)
[Additional Article on the Subject](https://www.pulse.ng/news/local/nigeria-to-become-3rd-largest-economy-by-2075-attributed-to-tinubu-shettima/3jjs5g8)