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Shettima to Poland: Nigeria Is Open for Business After Two Years of Economic Reform

Vice President Kashim Shettima has reaffirmed that Nigeria is fully open to foreign investment and partnership, telling visiting Polish officials that the Tinubu administration’s economic reforms over the past two years have fundamentally repositioned the country as a destination of choice for global capital.

Shettima made the declaration while receiving the Deputy Prime Minister and Minister of Digital Affairs of the Republic of Poland at the State House in Abuja, where discussions centered on deepening bilateral ties across a range of strategic sectors.

He told his guests that the administration had liberalized the foreign exchange market, removed fuel subsidies, and harmonized tax laws to ensure that companies entering Nigeria would not face excessive tax burdens. Each of these reforms, he said, had removed structural obstacles that previously deterred serious investors and undermined economic efficiency.

The vice president identified defence cooperation, digital economy, agriculture, and other sectors where Poland holds a recognized comparative advantage as specific areas where mutual benefit could be pursued. He said there was genuine room for expanded business relations between the two countries, framed around reciprocal benefit rather than dependency on aid.

He described Poland as one of the most progressive and strategic nations in Europe, noting its leadership in shipbuilding, the maritime economy, defence industries, and digital technology. These capabilities, he said, aligned naturally with Nigeria’s development needs and investment priorities.

The Polish deputy prime minister responded that Nigeria had remained Poland’s most strategic partner on the African continent. He described Nigeria as a country of enormous demographic and technological potential and expressed confidence that the visit would generate new momentum for cooperation in the economy, innovation, and digitization.