The Vice President, Kashim Shettima has disclosed that the Federal Government remains committed to creating a business-friendly environment and driving Nigeria’s industrial growth.
Speaking at the ongoing Ota Investment Summit and Trade Fair in Ota, Ogun State, Shettima described Ota as a key hub for the country’s manufacturing and industrial sectors.
Represented by the Special Adviser to the President on Economic Affairs, Tope Fasua, the Vice President highlighted recent reforms, including fuel subsidy removal and foreign exchange rationalisation, as strategic moves to strengthen the economy. He revealed that Nigeria’s rebased Gross Domestic Product now stands at ₦373 trillion, reflecting growth in sectors including the digital economy, creative industries, and agribusiness.
The Vice President urged investors to explore opportunities in advanced manufacturing, and green energy, noting that the Renewed Hope Agenda targets a $1 trillion economy.