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NEWS

Tinubu sends Shettima to Sweden for crucial bilateral talks

October 16, 2024 • 2 min read

October 16, 2024

By Samuel Ogunsona

The Nigerian Vice President, Kashim Shettima, will embark on a two-day working visit to Sweden, representing President Bola Tinubu in bilateral discussions.

According to a statement by Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications, Shettima’s trip aims to strengthen Nigeria’s ties with Sweden.

During the visit, Shettima will engage in high-level talks with key government officials.

“Senator Shettima will use the visit to explore opportunities for strengthened collaboration between Nigeria and Sweden in areas such as ICT, innovation, education, digitalisation, sustainable transport, mining, and agriculture,” the statement reads.

“The Vice President will also meet with Norrsken, a Stockholm-based venture capital impact investor, which recently launched Norrsken22, a USD 205 million tech investment fund for Africa.

“Norrsken22 is a technology growth fund, backed by over 30 prominent unicorn founders, partnering with exceptional entrepreneurs building Africa’s next tech giants.

“The meeting with Norrsken will provide insights into how Nigerian entrepreneurs can benefit from this fund and further strengthen the technology ecosystem in Nigeria.

“Notably, 40% of the investments from Norrsken22 are expected to be allocated to Nigerian technology entrepreneurs.

“Twelve (12) Nigerian private sector companies that are doing business with Sweden are going independently as a private sector bloc.”

The statement adds that Shettima is also expected to articulate Nigeria’s economic vision and the reforms being undertaken by the administration to create a business-friendly environment for investors.