Nigeria’s Vice President, Kashim Shettima, has urged investors at the United Nations General Assembly (UNGA) to give the country the benefit of the doubt.
The Vice President, who attended the 79th UNGA on behalf of President Bola Tinubu, praised the current administration as the most investor-friendly in Nigeria’s history.
Vice President Shettima departed Abuja for the United States on Sunday to attend the 79th UNGA.
The trip was announced in a statement by Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications, on Sunday.
Nkwocha stated that during the session, Shettima would deliver Nigeria’s national statement, participate in key meetings on the sidelines of the event, and engage with investors.
At the event, Shettima highlighted Tinubu’s efforts to revive the country’s economy by removing the fuel subsidy and unifying the foreign exchange markets.
He said, “I urge you to give Nigeria the benefit of the doubt. The current administration, led by President Bola Ahmed Tinubu, is the most investor-friendly administration in Nigeria’s history.
“When the fuel subsidy was an albatross around Nigeria’s neck, President Tinubu hit the ground running from day one by withdrawing the subsidy and unifying the multiple opaque foreign exchange markets.”
Investors King gathered that Shettima’s engagement with investors has so far garnered $320 million in investment commitments.
