V.P Shettima Tells Russia-Africa Summit Sectors F.G Considers Vital To Economy

Vice President, Kashim Shettima has revealed the sectors the administration of President Bola Ahmed Tinubu considers vital to the Nigerian economy.

Shettima made the disclosure at the second plenary of the Russia-Africa Summit in St. Petersburg.

The Vice President disclosed that he addressed political and business leaders at the summit.

He made the revelation in a post that reads…

I assured the stakeholders that the Asiwaju Bola Ahmed Tinubu led government is taking decisive steps to fight crime, punish offenders, directly tackle the insurgency, and do everything necessary to secure lives and investments in the country.

The administration has identified key growth drivers and sectors that are very important to the diversification of Nigerian economy, including power, transportation, infrastructure, maritime, agro-processing, mining, manufacturing, petro-chemicals, food processing and textiles etc. The Nigerian government considers these sectors as key priority areas that will drive the country’s economic agenda.

In view of the current geopolitical situation, we must begin to think of real time investment in addition to trading in commodities. We call on Russian companies to take advantage of the vast potentials in Nigeria, being the largest market in Africa to invest in strategic areas and to derive maximum benefits.

The President is therefore, inviting private sector participation in the Nigerian economy. Moreover, the timing of the Summit is very appropriate, as it is a case of ‘Investments meeting Opportunities.’