Vice President Kashim Shettima delivered a compelling speech today at the Business Forum hosted at Epicenter, Stockholm's digital innovation hub.
Speaking to a diverse audience of Swedish and international business leaders, VP Shettima articulated Nigeria's vision for economic growth through President Bola Ahmed Tinubu's Renewed Hope Agenda and highlighted the vast investment opportunities in Africa's largest economy.
Vice President Kashim Shettima continued his productive business visit to Sweden with a roundtable discussion with key Swedish business leaders today as part of efforts to strengthen economic ties between the two nations.
The high-level meeting included representatives from prominent Swedish companies, including Arla Foods, Scania, Epicenter, Elekta, SKF, and Ericsson.
During the talks, VP Shettima highlighted Nigeria's vast investment opportunities and discussed potential collaborations in various sectors, including technology, manufacturing, and agriculture.
Vice President Kashim has kicked off engagements on his working visit to Sweden with the Business Forum at Epicenter in Stockholm.
He was received by Chairman, Partner & Head of Advisory at Epicenter, Edgar Luczak, and Head of Accelerate at Epicenter, Jack Melcher-Claësson.
The Swedish Export Credit Agency, Sweden's Development Finance Institution (Swedfund), Swedish International Development Cooperation Agency (Sida), International Council of Swedish Industry, Scania Group, SKF Group, Arla Foods and technology giants such as Ericsson and Elekta will explore investment opportunities in Nigeria. 🇳🇬🇸🇪
The Vice President is joined by Plateau State Governor, Barr. Caleb Mutfwang; Minister of Foreign Affairs, Ambassador Yusuf Tuggar; Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani; Director-General/CEO of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi; and others.
#BREAKING Vice President Kashim Shettima has just arrived at the Royal Palace in Stockholm for a scheduled meeting with Her Royal Highness Crown Princess Victoria of Sweden. 🇸🇪🇳🇬 #NigeriaSwedenRelations #InvestmentOpportunities #EconomicCooperation
Sweden and Nigeria – partnership for trade, green and digital transition, and economic growth.
Yesterday, Nigeria’s Vice President @KashimSM, Plateau State Governor @CalebMutfwang, Minister of Foreign Affairs @YusufTuggar and Minister of Communications, Innovation and Digital Economy @bosuntijani arrived in Sweden for two days of meetings and discussions on Sweden and Nigeria’s future partnership on trade, innovation and digitalisation.
Nigeria is Africa's largest economy and is expected to be one of the fastest-growing economies in Africa for the foreseeable future. The country is an important African trade partner to Sweden and a prioritized market for Swedish companies.
#TeamSweden
Maria M Stenergard @MariaStenergard
Today I had the pleasure of meeting His Excellency Kashim Shettima, Vice President of the Federal Republic of Nigeria.
Sweden greatly values its partnership with Nigeria, and we see many opportunities to deepen our cooperation in areas such as trade, digitalisation and sustainable development.
Vice President Kashim Shettima has met with Swedish Prime Minister Ulf Kristersson in Stockholm.
The high-level talks focused on strengthening bilateral relations, with discussions covering trade expansion, strategic partnerships, regional security cooperation and deepening collaborations across various sectors.
Nigeria, Ericsson sign MoU to establish 5G innovation lab
Ugonnia Ozibo by Ugonnia Ozibo
Nigeria and Swedish telecom giant, Ericsson, have signed a Memorandum of Understanding (MoU) to establish a 5G Innovation Lab aimed at advancing Nigeria’s digital infrastructure.
This was revealed by Vice President Kashim Shettima’s spokesman, Stanley Nkwocha, during the Vice President’s working visit to Sweden.
Ericsson, one of the world’s leading providers of telecommunications technology, is known for pioneering mobile networks globally, including the rollout of 5G technology.
The company’s involvement in Nigeria’s 5G Innovation Lab is expected to significantly boost the country’s telecommunications capabilities, enabling faster internet speeds, improved connectivity, and fostering innovation in various sectors.
Backstory
Vice President Shettima embarked on a 2-day trip to Sweden on October 16, 2024, at the direction of President Bola Tinubu.
The visit is focused on fostering stronger bilateral ties between Nigeria and Sweden in areas like information and communication technology (ICT), digitalization, innovation, and sustainable transport. High-level talks are underway with key Swedish government officials, including Crown Princess Victoria and Prime Minister Ulf Kristersson.
Shettima also held discussions with Norrsken, a Stockholm-based venture capital firm that recently launched a $205 million tech investment fund, Norrsken22, dedicated to supporting African startups.
About 40% of the fund’s investments will be directed toward Nigerian tech entrepreneurs, providing critical support for the country’s growing digital economy.
Fed. Min. of Comms, Innovation & Digital Economy @FMCIDENigeria
Honourable Minister, Dr. @bosuntijani is currently in Sweden on a 2-day working visit as part of Nigeria’s delegation to the country led by Vice President @officialSKSM.
His engagements in the Scandinavian country are focused on exploring opportunities for partnership and investment in innovation and technology for the growth of our digital economy.
Nigeria is of strategic importance to Sweden, especially in the area of technology startup and innovation.
In another high-level engagement during his visit to Sweden, Vice President Kashim Shettima is currently meeting with top executives at Ericsson, the multinational telecommunications company.
The Vice President was received by Mr. Patrick Johansson, Senior Vice President and Head of Middle East and Africa at Ericsson, along with Mr. Peter Olusoji Ogundele, Head of Ericsson Nigeria.
The talks are focused on collaborations to enhance Nigeria's telecommunications sector, 5G implementation and digital infrastructure development.
Discussions also cover the digital economy and revolution, digital education, communication, telecom, global communication outsourcing, future generation and tech evolutions.
VP Shettima's engagement with Ericsson follows his earlier visit to Scania.
Nigeria Seals Deal With Ericsson To Advance 5G Tech Development
*** VP Shettima, Swedish PM agree to deepen collaboration, strategic partnerships between Nigeria, Sweden
*** As Nigerian VP explores green transport solutions at Scania HQ
Vice President Kashim Shettima @officialSKSM has led other Nigerian officials to sign a Memorandum of Understanding (MoU) between Nigeria and telecom giant, @ericsson, on a 5G Innovation Lab.
The deal is aimed at placing Nigeria among the world's top users of the 5G network in terms of productivity and boosting Nigeria's technological capabilities.
The MoU, signed on Friday at Ericsson's Global Headquarters and Research and Development Lab in Kista, North of Stockholm, Sweden, was witnessed by Vice President Shettima, and Ericsson's Senior Vice President and Head of Business Area Middle East and Africa.
Minister for Communications and Digital Economy, Dr. Bosun Tijani @bosuntijani, signed the MoU on behalf of the Nigerian government, while Peter Olusoji Ogundele, Country Manager, Ericsson Nigeria @EricssonMEA, signed on behalf of the telecom giant.
5G is the fifth generation of cellular networks said to be 100 times faster than 4G, thereby creating unprecedented opportunities for people, businesses and technology across the world.
Outlining the importance of the MoU, Minister for Communications, Dr. Tijani, expressed optimism that Nigeria will make the most of 5G technology as its wide coverage will lead to rapid development and growth of the Nigerian economy.
The Minister said, "It is important that we use the strength of the VP's visit to truly deepen the relationship with some of our tech partners, and that is what the VP is doing in all the meetings he has had.
"So we signed the MoU to set up an Innovation Lab with Ericsson, and the focus of that Lab will be to come up with applications based on 5G technology for our projects and practices in agriculture, mining, education, as well as for the general usage of connectivity to improve the quality of life for our people.
"Again, the President's Renewed Hope Agenda, in particular, ties into what we are trying to do with the reforms. The aim of the reforms is to diversify our economy, and it is clear that we cannot diversify our economy without digital technology".
Vice President Shettima @officialSKSM, while being briefed on the company's technological evolution, radio spectrum matters, standardisation, as well as Cyber and Network Security, inquired about the possibility of deploying 5G technology to help Nigeria improve security of oil facilities, prevent oil theft, and pipeline vandalization.
Senator Shettima noted that it was crucial for management and planning of the nation's oil economy.
Meanwhile, Vice President Shettima met with Swedish Prime Minister @SwedishPM Ulf Kristersson @tomsamuelsson in Stockholm today.
The high-level talks focused on strengthening bilateral relations, with discussions covering trade expansion, strategic partnerships, regional security cooperation, deepened collaborations, and proactive interventions.
VP Shettima was joined in the talks by Plateau State Governor, Barr. Caleb Mutfwang @CalebMutfwang; Minister of Foreign Affairs, Ambassador Yusuf Tuggar, and some Embassy officials.
VP Shettima Explores Green Transport Solutions at Scania HQ
Earlier on Friday, Vice President Kashim Shettima @officialSKSM also toured automobile giant @ScaniaGroup's headquarters in Södertälje, Sweden, describing it as a strategic engagement to discuss Nigeria's market potential and explore deeper collaboration opportunities.
Exploring biofuel solutions for Nigeria's transport sector, VP Shettima stressed that all options must be on the table to address Nigeria's transportation challenges.
This, he said, aligns with President Bola Ahmed Tinubu's push for cleaner and more efficient transportation, especially considering the recent emphasis on Compressed Natural Gas (CNG).
The Vice President who was received by Mr. Fredrik Wijkander of the @ScaniaEA Group also held discussions that could contribute to innovative solutions to ease Nigeria's transportation challenges.
From heavy-duty trucks to buses, Scania's expertise is expected to play a crucial role in modernizing Nigeria's transport infrastructure.
Others who joined the Vice President on the visits included Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar; Executive Vice-Chairman (EVC), Nigerian Communications Commission, Engr. Aminu Maida, and Executive Vice Chairman/Chief Executive Officer, National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu.
Others were Director-General, National Information Technology Development Agency (NITDA), Mallam Kashifu Abdullahi; Chargé d'Affaires, Nigerian Embassy, Sweden, Mallam Aliyu Mahmud, and Special Assistant to the President on ICT Policy, Dr. Salihu Dasuki Nakande, among others.
Stanley Nkwocha Senior Special Assistant to The President on Media & Communications (Office of The Vice President) 18th October, 2024
Scania has hosted a meeting in Lagos where they spoke about establishing BRT systems in Nigeria (they are already running BRT systems in other West African countries).
They would get funding for the BRT lanes and they would provide buses that run on green fuel.
Specifically, they are talking about getting CNG from rotting garbage and that will be the fuel that will power the buses.
Scania will provide the funds (that's why it's called an investment), yet somebody is talking about purchasing buses, can you imagine that?
VP Shettima Explores Green Transport Solutions at Scania HQ
Vice President Kashim Shettima is currently touring Scania's headquarters in Södertälje, Sweden. This visit to the renowned manufacturers of Scania motors goes beyond a facility tour – it's a strategic engagement to discuss Nigeria's market potential and explore deeper collaboration opportunities.
Key focus: Biofuel solutions for Nigeria's transport sector. This aligns with President Bola Ahmed Tinubu's push for cleaner, more efficient transportation, especially considering the recent emphasis on Compressed Natural Gas (CNG).
The Vice President, who was received by Mr. Fredrik Wijkander of the Scania Group had discussions that could contribute to innovative solutions to ease Nigeria's transportation challenges. From heavy-duty trucks to buses, Scania's expertise is expected to play a crucial role in modernising Nigeria's transport infrastructure.
Earlier on Friday, Vice President @KashimSM toured automobile giant @ScaniaGroup’s headquarters in Södertälje, Sweden, describing it as a strategic engagement to discuss Nigeria's market potential and explore deeper collaboration opportunities.
Exploring biofuel solutions for Nigeria's transport sector, VP @KashimSM stressed that all options must be on the table to address Nigeria's transportation challenges.
This, he said, aligns with President @officialABAT's push for cleaner and more efficient transportation, especially considering the recent emphasis on Compressed Natural Gas (CNG).
The Vice President who was received by Mr. Fredrik Wijkander of the Scania Group also held discussions that could contribute to innovative solutions to ease Nigeria's transportation challenges.
From heavy-duty trucks to buses, Scania's expertise is expected to play a crucial role in modernizing Nigeria's transport infrastructure.
Others who joined the Vice President on the visits included Minister of Foreign Affairs, Ambassador @YusufTuggar; Executive Vice-Chairman (EVC), Nigerian Communications Commission, Engr. @Dr_AminuMaida, and Executive Vice Chairman/Chief Executive Officer, National Agency for Science and Engineering Infrastructure (@NASENIHQ), Mr. @KSHalilu.
Others were Director-General, National Information Technology Development Agency (@NITDANigeria), Mallam @KashifuInuwa; Chargé d'Affaires, Nigerian Embassy, Sweden, Mallam Aliyu Mahmud, and Special Assistant to the President on ICT Policy, Dr. @SNakande, among others.
@thenffofficial this group is technically sound it shows they’ve a good coach who understands his job, they can be the next @nigeriasuperfalcons in the nearest future as they keep graduating cos this was how I and many others start our national team journey.
Concentrate more on the #homebased players a lot of talents are right there in @thenwfl
samuelson06: Your analysis assumes Donald Trump is taking advantage of something and you are trying to expose it.
Once again you are taking things from your head and attributing them to me. If I ask you to show me where I said that Donald Trump is taking advantage of anything, you'll manufacture something else from your head and attribute it to me.
If I want to say something, I'll say it straight, there's no need for you to manufacture all these things from your head.
First you said that I said that it's a bad thing for Donald Trump to win the election. I asked you for proof and you abandoned that and ran to something else.
Politics › Re: Nigeria Seals Deal With Ericsson To Advance 5G Tech Development by naptu2(op): 3:15am On Oct 22, 2024
How does creating a 5G innovation lab = forcing Ericsson on telcos?
