Africa (Commonwealth) _ Meeting with His Excellency, Vice President of Nigeria Kashim Shettima, at the Commonwealth Enterprise and Investment Council (CWEIC) Nigeria delegation was an enormous honor.
The Vice-President met with representatives from the network in the Presidential Villa, including our CEO, Rosie Glazebrook, the Chair of the Nigerian Hub, Olasupo Shasore, SAN, and CWEIC Country Director, Obinna Anyanwu.
The Vice President’s support for business as a catalyst for Nigerian and African progress was well received by the group.
Nigeria will have the third-largest population in the world by 2050, and an investment bank just predicted that the country’s GDP will rank third globally by 2075. It demonstrates that Africa is confronting the trajectory of global expansion, and Nigeria will either make or break that shift. In other words, Africa has the future. Africa can function if Nigeria does. The Vice President emphasized, “You have arrived in Nigeria at an auspicious moment – a time when a pro-business administration is leading the nation and we are prepared for business.
In addition, Rosie Glazebrook noted that CWEIC was prepared to assist Nigeria by promoting trade and investment in the country and by providing equal assistance to Nigerian enterprises seeking to create strategies for increased engagement with outside partners.
The vice president, who hosted a group from the Commonwealth Enterprise Investment Council on Wednesday and gave a speech in his office at the Presidential Villa. Speaking on Wednesday in his office at the Presidential Villa, the vice president mentioned that among other government initiatives, this is being accomplished by utilizing the youth of the nation’s resources in digital technology, enhancing the country’s electrical supply, and increasing production and manufacturing. The vice president was hosting a delegation from the Commonwealth Enterprise Investment Council (CWEIC), which is headed by its CEO, Rosie Glazerbrook.
Just before, he gave a courtesy visit to a delegation from the Institute of Chartered Accountants of Nigeria (ICAN) and assured them that the executive branch would work with the National Assembly to review the Institute’s 1965 enabling Act and make sure its current operations are compliant with international best practices and global standards.
Under President Bola Ahmed Tinubu, Vice President Kashim Shettima believes Nigeria would grow into a significant global economic force. He claims that the Tinubu government is dedicated to establishing a previously unheard-of favorable climate that will allow investors, both domestic and foreign, to prosper.
Speaking to the CWEIC delegation earlier, Vice President Shettima assured that the Tinubu-led federal government is committed to turning the nation’s demographic extend into demographic dividends, promising that the “administration will take advantage of the resources of young people to create a more prosperous and progressive country” in a statement provided by his spokesman, Stanley Nwocha.
He declared that Nigeria is open for business and that President Tinubu, a pro-business figure who sprang from the business community, is dedicated to fostering the expansion of Nigerian companies. The vice president announced that the Tinubu government is prepared to establish favorable conditions for both domestic and foreign companies to thrive in Nigeria.
Regarding the nation’s standing in the global growth estimates, Senator Shettima stated, “Under President Tinubu, Nigeria would emerge as a significant global economic power, making it the destination of choice for investors worldwide.
Nigeria is expected to have the third-largest population in the world by 2050, and an investment bank has predicted that the country’s GDP will rank third globally by 2075. It demonstrates that Africa is confronting the trajectory of global expansion, and Nigeria will either make or break that shift. In other words, Africa has the future. Africa can function if Nigeria does. You have arrived in Nigeria at an auspicious moment – a pro-business administration is leading the nation and we are prepared for business,” he said. In her own words, Glazerbrook, CEO of the Commonwealth Enterprise Investment Council (CWEIC), promised the Nigerian government the backing of the organization.
The Commonwealth Trade and Investment Forum in London in 2025 and the projected Trade and Investment Forum to be held in Nigeria in the second half of 2025 were among the upcoming activities of CWEIC that she emphasized, both in Nigeria and abroad.
The stated mandate of the Commonwealth Heads of Government is for CWEIC, a commercial non-profit membership organization, to promote trade and investment among the 56 Commonwealth countries CWEIC’s job is to promote trade and investment by using the Commonwealth’s dependable network and convening capacity.
There are over 140 industry and government Strategic Partners (members) in the CWEIC network. In collaboration with the nation hosting the Commonwealth Heads of Government Meeting (CHOGM), CWEIC organizes the Commonwealth Business Forum every two years.
