Vice President Kashim Shettima has affirmed that Nigeria is now firmly positioned for large-scale investments, noting that the far-reaching reforms of President Bola Tinubu’s administration are unlocking contemporary financial alternatives throughout key sectors.
“There isn’t a higher time to spend money on Nigeria,” the Vice President declared. “You’ve got come on the proper time, a time blessed with dedicated management and clear route.”
Shettima spoke on Tuesday throughout a go to by a delegation from Superior Power Companions (AEP), led by its chairman, Senator Abu Ibrahim, on the Presidential Villa, Abuja.
Highlighting Nigeria’s huge assets and potential, Shettima mentioned the Tinubu administration has “crossed the Rubicon” with daring insurance policies which are stabilising the financial system and attracting international direct investments.
“Be assured that you’ve invested your belief in the appropriate nation. Nigeria is prepared for enterprise. We at the moment are on the trail of sustainable improvement,” he assured.
Earlier, Senator Abu Ibrahim mentioned the consortium was within the nation to discover main funding prospects within the upstream oil trade and different sectors of the financial system.
Additionally talking, Vice President
of China North Industries Company (NORINCO), Mr. Qiang Wenyu, mentioned the go to builds on an earlier engagement with President Tinubu in Beijing in September 2024.
He reaffirmed the corporate’s readiness to deepen partnerships in Nigeria, noting that NORINCO had been working towards this dedication for the previous yr.
Wenyu listed the organisation’s core pursuits, power, oil and fuel, defence, and mining, and disclosed that the corporate posted an annual turnover of $30 billion final yr, sustaining international power in its areas of operation.
CEO of Horizon Power, Abu Dhabi, Ms. Mahra Rashed Al Suwaidi, counseled President Tinubu’s management, saying it had renewed investor confidence and strengthened key establishments, together with the NNPC Ltd.
UAE Ambassador to Nigeria, Salem Saeed Musabbeh Al Shamsi, urged the consortium to grab the second, describing Nigeria as “the appropriate place” for international funding and applauding the administration for bettering bilateral ties, which boosted non-oil commerce between each nations to $4.3 billion in 2024.
Different officers on the assembly included AEP CEO, Mr. Shakiru Olayinka; Mr. Abiye Membere of AEP; Mr. Hu Keyu of China Zhenhua Oil Company; Mr. Xu Yongfeng of Beijing Auxin Chemical Know-how Company; and Mr. Liang Hongda of NORINCO Africa Division.
