Vice President Kashim Shettima has reaffirmed Nigeria’s readiness for global investment, stating that President Bola Ahmed Tinubu’s ongoing reforms are creating major new opportunities across key sectors. Speaking during a visit by the Advanced Energy Partners consortium to the Presidential Villa, he assured the delegation of Nigeria’s stability, transparency, and commitment to partnership, emphasizing that the country is now firmly on the path of sustainable development.

The consortium’s chairman, Senator Abu Ibrahim, said the team is in Nigeria to explore significant investment prospects, particularly in the upstream oil and gas sector. Representatives from China North Industries Corporation (NORINCO) reaffirmed their readiness to expand operations in Nigeria, citing earlier engagements with President Tinubu and highlighting their focus areas, including energy, defence industries, oil and gas, and mining.

Similarly, Horizon Energy Abu Dhabi’s CEO, Ms. Mahra Rashed Al Suwaidi, praised President Tinubu’s leadership, noting that reforms and improved management of institutions like NNPCL have renewed investor confidence. The UAE Ambassador to Nigeria also encouraged the consortium to move swiftly, describing Nigeria as the “right place” for foreign investment, with bilateral trade between both countries reaching $4.3 billion in 2024.