At the 2025 World Economic Forum in Davos, Vice President Kashim Shettima emphasized self-reliance over foreign aid, advocating for investment in education, gender empowerment, and innovation. He urged African nations to leverage their resources to drive global growth, highlighting Nigeria’s role in shaping Africa’s economic future.
Vice President Kashim Shettima, speaking at the 2025 World Economic Forum in Davos, Switzerland, advocated for African self-reliance and economic transformation. He rejected the notion that foreign aid could solve Africa’s economic challenges, emphasizing the importance of investing in education, gender equality, and innovation as the path forward.
Shettima expressed confidence that Nigeria, despite its current economic struggles, has a unique opportunity to lay a foundation for future growth. He noted that the ongoing crisis presents a chance to refocus on key sectors, including education and agriculture, to boost the economy and create a sustainable future.
Rather than accepting foreign aid, Shettima called for partnerships that foster mutual respect and equality. He emphasized the rich potential of Africa, stressing that the continent holds the key to global growth in the coming years. He specifically highlighted the role of Nigeria in shaping this trajectory.
In addition to his address on self-reliance, Shettima also discussed Nigeria’s commitment to the African Continental Free Trade Area (AfCFTA) and the country’s readiness to spearhead economic integration across Africa. He encouraged full implementation of the AfCFTA agreement to unlock the continent’s vast potential, especially in digital transformation.
