Economy

Vice President Shettima: Economic Stability Restored, Investment Window Wide Open

The Vice President of Nigeria, Kashim Shettima, has declared that the country’s economic foundation has been solidified under the current administration, paving the way for a broad spectrum of investment opportunities.

Mr Shettima told investors and business leaders on Wednesday that Nigeria has emerged from a phase of macro-instability and that the “investment window” is now fully open for domestic and global capital alike.

According to him, policy reforms already implemented have improved predictability, governance, and the business climate.

He pointed to several indicators of progress, including improved fiscal discipline, strengthening foreign reserves, and a more transparent regulatory environment. These advances, he insisted, signal that Nigeria is positioning itself as a credible destination for capital rather than simply a high-risk frontier.

The Vice President identified a range of sectors ripe for growth: agriculture and agribusiness, solid mineral development, renewable energy and gas infrastructure, tourism and hospitality, and logistics.

He asserted that both federal and state governments are committed to creating enabling conditions for project execution and returns.

While acknowledging outstanding challenges such as infrastructure deficits, security concerns, and the need for consistent implementation across states, Shettima said the groundwork has been laid, and the timing is favourable for investors to step in.

He urged potential backers to leverage the “now or never” nature of the opportunity, as Nigeria’s reforms gather momentum.

For investors, his message was clear: enter at a moment when risks are receding and the potential upside is rising.

Strategic due diligence remains important, but the risk-return trade-off has shifted more decisively in favour of investors than in recent years.