Vice-President Kashim Shettima is scheduled to leave Abuja on Wednesday for Sweden on a two-day visit to represent Nigeria in bilateral discussions.
Stanley Nkwocha, the Vice President’s spokesman, stated that the visit is at the request of President Bola Ahmed Tinubu.
“The Vice President is expected back in the country on Saturday. While in Sweden, the Vice President, 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,” he said
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The spokesman stated that during his time in Sweden, the Vice President will seek to enhance collaboration between Nigeria and Sweden in sectors such as ICT, innovation, education, digitalization, sustainable transport, mining, and agriculture.
He will also engage with key stakeholders in both the government and private sector.
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.”
Mr. Nkwocha noted that “twelve Nigerian private sector companies engaged in business with Sweden will be traveling independently as a private sector bloc.”
“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.”
This development coincides with the conclusion of Tinubu’s two-week trip, which ends today. He departed for the UK on October 2, 2024.