Vice President Shettima Departs Nigeria For Sweden

Vice President Kashim Shettima has departed the shores of Nigeria for an official visit to Sweden, where he will represent the country and President Bola Tinubu in bilateral engagements with the Scandinavian nation.

This was confirmed in a statement on Wednesday by the Senior Special Assistant to The President on Media & Communications (Office of The Vice President), Stanley Nkwocha.

According to the statement, Shettima, during the 2-day visit, will engage in high-level bilateral talks with key government officials, including a meeting with Crown Princess Victoria of Sweden and the Swedish Prime Minister.

Senator Shettima will also 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.

During his time in Sweden, the Nigerian Vice President will also meet with key stakeholders in both the Government and Private Sector.

Shettima will meet with Norrsken, a Stockholm-based venture capital impact investor, which recently launched Norrsken22, a USD 205 million tech investment fund for Africa, Nkwocha explained.

“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 detailed.

He added that while in Sweden, VP Shettima is also expected to articulate Nigeria’s economic vision and the reforms being undertaken by the administration to create a business-friendly environment in Nigeria for investors. The myriad of opportunities that abound in Africa’s largest economy will also be showcased.

Naija News reports the Vice President is expected back in the country on Saturday.