Vice President Kashim Shettima has successfully attracted $119 million in investment commitments from Swedish business leaders during a visit to Stockholm aimed at boosting Nigeria’s economy. Addressing investors, Shettima highlighted Nigeria’s favorable investment climate, citing reforms such as the unification of exchange rates and the removal of fuel subsidies, which are part of the government’s Renewed Hope Agenda.
Shettima encouraged Swedish companies to explore opportunities in Nigeria’s agriculture, digital economy, and renewable energy sectors, emphasizing the country’s youthful population as a key driver of growth.
Key commitments included a $100 million investment from Gluwa to train 30,000 Nigerians in digital skills, and a $19 million tech hub from Ericsson to develop local tech talent. Both investments reflect Nigeria’s potential as a digital and technological hub.
