Shettima: Investments Key to Nigeria's $1 Trillion Economy

Vice President Kashim Shettima addressed the Lagos Investment Summit held at Eko Hotel, Victoria Island, where he asserted that Nigeria's economic future hinges on investments and enterprise, aiming for a $1 trillion economy. He highlighted Lagos State as a leading economic hub and a gateway for investment in Africa.

Shettima noted that the state has demonstrated economic progress through visionary leadership and the involvement of the private sector. He praised President Bola Ahmed Tinubu for laying the foundation for Lagos's development and commended Governor Babajide Sanwo-Olu for sustaining growth momentum.

The Vice President acknowledged the challenges faced by the government but stressed that economic transformation requires structural discipline and difficult decisions. He pointed out Nigeria's demographic advantages and the potential of the African Continental Free Trade Area (AfCFTA) to enhance market access.

Shettima concluded that the federal government cannot achieve economic transformation alone and emphasized the importance of Lagos as an investment-ready destination.