Sat, 24 Jan 2026

 

Nigeria back on global economic frontline says Shettima, returns to Abuja
 
By: Abara Blessing Oluchi
Sat, 24 Jan 2026   ||   Nigeria,
 

Vice President Kashim Shettima has returned to Abuja after a week-long diplomatic and economic mission to Guinea and Switzerland, declaring that Nigeria has reclaimed a frontline position in global and regional policy conversations.

According to a statement by Senior Special Assistant to the President on Media and Communications, Office of the Vice President, Stanley Nkwocha, Shettima arrived at the Nnamdi Azikiwe International Airport on Saturday after representing President Bola Ahmed Tinubu at the inauguration of Guinea’s President, Mamadi Doumbouya, and leading Nigeria’s delegation to the World Economic Forum Annual Meeting in Davos.

According to him, the engagements underscoredNigeria’s renewed commitment to regional solidarity in West Africa and its resolve to reposition the economy under President Tinubu’s Renewed Hope Agenda.

In Conakry, Shettima said Nigeria reaffirmed its leadership role within ECOWAS while opening new pathways for bilateral cooperation, particularly in agriculture and manufacturing.

From Guinea, the Vice President proceeded to Davos, where he led the Nigerian delegation at the 2026 WEF.

A major highlight of the visit was the commissioning of Nigeria House Davos—the country’s first-ever sovereign pavilion on the Davos Promenade, designed as a permanent investment hub showcasing opportunities in solid minerals, agriculture and the digital economy.

At a high-level WEF session titled “When food becomes security,” Shettima outlined Nigeria’s new national food security framework, describing agriculture as a strategic pillar of national security and macroeconomic stability.

 

He also joined former President Olusegun Obasanjo, former Vice President Yemi Osinbajo and the Minister of Finance, Mr. Wale Edun, to advance the Accra Reset Initiative, which advocates African industrialisation driven by domestic capital and value chains rather than foreign aid.

On the economic front, the Vice President told investors that Nigeria’s macroeconomic indicators were stabilising, citing a projected 4.4 per cent GDP growth in 2026 and a decline in inflation to 12.94 per cent.

He added that Nigeria was on the cusp of becoming a net exporter of refined petroleum products, anchored by the Dangote Refinery, alongside growing exports of digital talent.

 

 

Tag(s):
 
 
Back to News