President Bola Ahmed Tinubu has advocated for enhancing Nigeria’s National Quality Infrastructure (NQI) to boost trade, economic diversification, and the nation’s global competitiveness. He emphasized the critical role of quality assurance in facilitating seamless international trade and promoting industrial growth. Driving Economic Growth Through Quality Assurance Represented by the Secretary to the Government of the Federation (SGF), George Akume, at a Lagos workshop on “Sustainable Provision of Metrology Services in Nigeria,” Tinubu highlighted the importance of a robust quality infrastructure. Such a framework, he noted, would strategically position Nigeria to capitalize on opportunities presented by the African Continental Free Trade Area (AfCFTA). The event, part of the Standards Partnership Programme (SPP) supported by the United Kingdom’s Foreign, Commonwealth & Development Office (FCDO), focused on strengthening Nigeria’s NQI to boost non-oil exports, enhance foreign exchange earnings, and support local industries. Enhancing the Naira and Job Creation Through Dr. Maurice Mbaeri, Permanent Secretary, General Services Office, OSGF, Tinubu underscored that a strong quality system, anchored by the Nigerian National Quality Policy (NNQP), could enhance the Naira’s value, increase capacity utilization, generate employment, and drive economic growth. He encouraged stakeholders to implement the AfCFTA Digital Trade Protocol, noting Nigeria’s recognition as Africa’s Digital Trade Champion at the 38th African Union (AU) Assembly in Addis Ababa. Commitment from the National Quality Council Osita Aboloma, Executive Chairman of the National Quality Council (NQC), reiterated the Council’s dedication to strengthening Nigeria’s quality infrastructure. He stated that effective NNQP implementation would minimize export rejections and expand Nigeria’s global market share. UK’s Support for Nigeria’s Economic Diversification Dr. Simeon Umukoro, representing the UK Department for Business & Trade (FCDO), reaffirmed the United Kingdom’s support for Nigeria’s economic diversification through trade partnerships. He emphasized the UK-Nigeria Enhanced Trade and Investment Partnership MoU and highlighted how the SPP, led by the British Standards Institution (BSI) in collaboration with the NQC, aims to promote standardization, eliminate trade barriers, and improve regulatory compliance. “By enhancing Nigeria’s National Quality Infrastructure, we are creating new avenues to drive innovation, competitiveness, and economic growth for both nations,” Umukoro stated. External Link For more insights into Nigeria’s economic policies, visit the Nigerian Economic Summit Group (NESG). READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
Vice-President Kashim Shettima represents Nigeria at the 2025 World Economic Forum in Davos, engaging in strategic workshops, bilateral meetings, and discussions on Africa’s digital trade and economic development. Vice-President Kashim Shettima has embarked on a critical mission to represent Nigeria at the 2025 World Economic Forum (WEF) in Davos, Switzerland. This prestigious annual event brings together global leaders, business executives, and development partners to discuss and address pressing global economic challenges. Key Highlights of Shettima’s Participation Bilateral Meetings and Collaborative Workshops During his stay in Davos, Vice-President Shettima is scheduled to hold bilateral meetings with world leaders and actively participate in high-level workshops and forums. These engagements aim to foster international cooperation and strengthen Nigeria’s global economic ties. Roadmap to Investment in Africa One of the standout sessions the Vice-President will attend is the workshop titled, “Roadmap to Co-create Investment Opportunities for Africa’s Frontier Markets.” Organized by the African Development Bank (AfDB) in collaboration with WEF, this workshop is designed to: Key announcements, such as the launch of the Humanitarian and Resilience Investing (HRI) Roadmap for Africa, will also feature prominently. This initiative is expected to mobilize investments through strategic partnerships between public and private sector leaders. Strategic Engagements at the Congress Centre Vice-President Shettima’s itinerary includes attending a dinner for heads of state, government officials, and international organizations. He will also join the Annual Meeting and the 2025 Crystal Awardees of the International Business Council and Strategic Partners at Kurpark Village in Eiger. Focus on Digital Trade Co-chairing a forum titled “Turning Digital Trade into a Catalyst for Growth in Africa,” the Vice-President will spotlight the critical role of digital trade in advancing economic integration. This session will focus on the African Continental Free Trade Area (AfCFTA) Digital Trade Protocol adopted by the African Union in January 2024. It aims to: Global Risks 2025 Dialogue Shettima will also serve as a panelist in the stakeholder dialogue, “Global Risks 2025.” This session will provide insights into emerging global risks and strategies to address them, further demonstrating Nigeria’s commitment to proactive global engagement. Accompanying Delegation The Vice-President is accompanied by key government officials, including: Return to Nigeria After completing his engagements at the WEF, Vice-President Shettima will return to Abuja, equipped with valuable insights and partnerships to further Nigeria’s development goals. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
