VP Shettima says the renewed hope agenda gears to reposition Nigeria as global investment hub
Vice President Kashim Shettima has stated that the Renewed Hope Agenda of the President Tinubu’s administration is a transformative policy thrust, aimed at repositioning Nigeria as a prime global investment destination.
He said with the agenda hinged on the core pillars of democracy, development, demographics, and diaspora engagement, the present moment serves as the opportune time to remind both Nigerians and the global community that Nigeria stands ready to embrace the future and conduct business.
Speaking on Friday during a High-level Dialogue on Delivering the Renewed Hope Agenda on the theme, “Nigeria’s Global Ambitions: From Hope to Reality,” in Abuja, VP Shettima outlined the administration’s ambitious roadmap, noting President Tinubu’s commitment to bold reforms and strategic partnerships to revive the nation’s economy and enhance security.
VP Shettima pointed out that at the heart of the administration’s foreign policy approach, dubbed the ‘Tinubu Doctrine,’ is a ‘4-D Diplomacy Strategy’ centred on promoting democracy, driving economic development, harnessing Nigeria’s demographic potential, and engaging with the diaspora community.
He lauded the vital role of Nigerians in the diaspora, who contributed over $168 billion in remittances between 2015 and 2022, surpassing Overseas Development Assistance.
Shettima also highlighted President Tinubu’s interventions on the economy, including a ₦75 billion investment initiative to revolutionize the manufacturing sector and the Renewed Hope Infrastructure Development Fund to facilitate effective infrastructure development across key economic sectors.
VP Shettima however affirmed the administration’s commitment to guaranteeing the safety of lives and properties through regional and national interventions.
The Vice President further emphasized the need for collaborations with international partners towards the nation’s development, peace and security in the post-COVID-19 era.
Earlier, the United Nations (UN) acknowledged that there had been remarkable progress in Nigeria under the Tinubu administration in the last one year, following the reforms targeted at stabilizing the economy and tackling insecurity.
The UN Deputy Secretary-General, Hajiya Amina Mohammed, who gave the global body’s position, said, “Over the past one year, Nigeria has witnessed progress from the reforms introduced by this administration to stabilize the economy.
She added that the Nigerian government has also been proactive in addressing security challenges in the country and the sub-regions as demonstrated by the hosting of an African counter-terrorism meeting last month.
Furthermore in a goodwill message, the British High Commissioner to Nigeria, Dr. Richard Montgomery, said the United Kingdom is impressed by the security strategies President Tinubu has put in place, even as he restated the support of the United Kingdom for the Nigerian government in this direction, including transparency and accountability in governance.
Other dignitaries present to grace the event includes, Minister of Industry, Trade and Investment, Dr. Doris Nkiruka Uzoka-Anite, Minister of Information and National Orientation, Alhaji Mohammed Idris, Minister of Budget and National Planning, Alhaji Atiku Bagudu, Managing Director of the Bank of Industry, Dr. Olasupo Olusi, and a host of others.
