By Ikugbadi Oluwasegun
Vice President Kashim Shettima has showcased Nigeria’s 200-billion-dollar energy transition opportunity to investors, emphasizing the need for “partnerships” to maximize the multi-faceted, multi-billion investment opportunities across the country.
This comes as Shettima highlighted that Nigeria’s sovereign rating by platforms like Fitch and Moody’s implies the country is positioned as the natural hub for the African Continental Free Trade Area’s (AfCFTA) 3.4 trillion-dollar market.
He seized the moment to draw the attention of investors worldwide to the multi-billion, multi-faceted economic resets across Nigeria, as embodied by President Bola Ahmed Tinubu’s Renewed Hope Agenda.
VP Shettima stated this at the Roundtable hosted by the Business Council for International Understanding (BCIU), with the theme “Risk, Reform, Return,” held on the margins of the 80th Session of the United Nations General Assembly, New York City, September 22, 2025.
The VP, representing President Bola Tinubu at UNGA80, highlighted that in this interconnected age, the wealth of any nation is neither achieved through miracles nor inherited.
Showcasing the wealth of the nation, he began by saying that Nigeria is West Africa’s largest economy and Africa’s largest consumer market, with 236 million people today, projected to reach 320 million by 2040.
Beyond being a demographic giant, Shettima pointed out that with a median age of about 17, more than 58 percent of whom are under 30, Nigeria is home to one of the deepest talent pools in the world.
The Vice President told the global audience that since mid-2023, under President Bola Ahmed Tinubu’s Renewed Hope Agenda, Nigeria has embarked on one of the boldest economic resets in its history.
Earlier, the Minister of Industry, Trade and Investment, Dr. Olajumoke Oduwole, said since May 2023, under President Bola Ahmed Tinubu’s Renewed Hope Agenda, Nigeria has embarked on one of the boldest economic reset in its history, adding that the administration unified the nation’s exchange rate, removed fuel subsidy, modernised it’s taxs and customs regimes and strengthen fiscal oversight.
Oduwole added that President Tinubu also overhauled the nation’s trade and investment policy which includes full implementation of the African Continental Free Trade Area Agreement, a National Single Window Project for trade facilitation, a new Investment and Security Act and Upgraded Public Private Partnership Framework and modernised Bilateral Investment Treaties.
