Politics
UNGA: Shettima Shares How Nigeria Secured $320million US Investment On 1st Day, Plan For More
insights into his engagements and the strategic steps
Nigeria’s Vice President, Kashim Shettima, who is leading the country’s delegation to the 79th United Nations General Assembly (UNGA), shared his thoughts on the journey so far during the ongoing sessions in New York, USA.
In a post on social media, Vice President Shettima provided insights into his engagements and the strategic steps being taken to elevate Nigeria’s global partnerships and economic development. “I met with other members of Nigeria’s delegation to the 79th UNGA to strategize on the country’s engagements in New York,” Shettima noted, reflecting the seriousness with which the delegation is approaching Nigeria’s participation in the global event.
Upon his arrival in New York on Monday, Shettima was briefed by the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, who outlined the key activities and engagements on the Vice President’s itinerary.
One of the major highlights of Nigeria’s participation at the assembly was the advancement of key economic initiatives, particularly in the areas of mortgage refinancing and women empowerment. Shettima revealed that President Bola Tinubu’s administration has received a significant boost in these sectors, with a commitment of about $320 million from the United States Chamber of Commerce.
This commitment was secured during a US-Nigeria Executive Business Roundtable, hosted by the US Chamber of Commerce, and confirmed by Nisha Biswal of the American International Development Finance Corporation. The investment is expected to have a transformative impact on Nigeria’s housing and empowerment programs, further solidifying economic ties between the two nations.
The 79th UN General Assembly, which began today, will run until Saturday, September 28, 2024, and is set to address pressing global issues, including climate change, peace, and sustainable development. Nigeria’s delegation, led by Vice President Shettima, will continue to engage with international partners, aiming to bolster the country’s global standing and foster economic growth.
