Both President Bola Tinubu and Vice-President Kashim Shettima are currently out of Nigeria.
While President Tinubu is in Paris, Vice-President Shettima is heading to Sweden for a two-day visit focused on bilateral talks and economic cooperation.
Shettima’s visit includes meetings with Swedish government officials and private sector stakeholders, with the aim of strengthening ties in areas like technology, innovation, and investment.
The visit, initiated by President Bola Ahmed Tinubu, will focus on strengthening bilateral relations between Nigeria and Sweden.
In a statement, Stanley Nkwocha, spokesperson for the Vice President, outlined the key objectives of the visit. Shettima will hold high-level discussions with Swedish officials, including meetings with Crown Princess Victoria and the Swedish Prime Minister.
The Vice President’s agenda includes exploring collaborative opportunities in sectors such as ICT, innovation, education, digitalization, sustainable transport, mining, and agriculture. He will also engage with both government and private sector stakeholders to foster enhanced cooperation between the two nations.
One of the highlights of the visit will be a meeting with Norrsken, a Stockholm-based venture capital impact investor. Norrsken recently launched Norrsken22, a $205 million technology investment fund dedicated to Africa. During this meeting, Shettima will discuss how Nigerian entrepreneurs can benefit from the fund, with 40% of its investments expected to be allocated to Nigerian tech startups. This initiative aims to further strengthen Nigeria’s growing technology ecosystem.
Additionally, twelve Nigerian private sector companies currently doing business with Sweden will accompany the Vice President as an independent business delegation. Shettima is expected to outline Nigeria’s economic vision, highlighting ongoing reforms aimed at creating a more business-friendly environment for foreign investors.
The visit comes as President Tinubu’s two-week trip to the UK concludes. Tinubu had left for the UK on October 2, 2024.
