FRI JAN 24 2025-theGBJournal| Vice President Kashim Shettima has stated that Nigeria’s dedication to harnessing the potential of its youth, investing in education, and advancing smart agriculture are essential strategies that will significantly help tackle both global and domestic challenges.
On a continental level, the Vice President noted that African youth are central to this transformation.
Speaking at the Financial Times Global Risk Roundtable during the ongoing 2025 World Economic Forum (WEF) in Davos, Switzerland, Vice President Shettima observed, however, that while crises abound, they also present opportunities for nations to rebuild stronger.
He said: “The word for crisis in Chinese is Wei Ji. Wei stands for danger, while Ji stands for opportunity. Yes, we have challenges, but those challenges are pregnant with opportunities to re-engineer our society and build back better.”
The Vice President reaffirmed Nigeria’s resolve to embrace innovation and empowerment, particularly through education, gender-focused initiatives, and smart agriculture, to propel its economy into the Fourth Industrial Revolution.
”The crisis has given us a unique opportunity to invest in people, especially in areas that will enable us leapfrog our economies into global competitiveness,” he said.
The Vice President also expressed disbelief in dependency on foreign aid, advocating instead for equal partnership that uphold dignity.
”I don’t believe in aid; I believe in partnership. I’d rather carry my poverty with dignity and deal with people, nations, and companies on pedestal of equality. not in a master-servant relationship. I don’t come with a begging bowl,” he said.
The Vice President expressed optimism about Africa’s prospects, noting the continent’s rich resources and strategic importance to growth, saying, ”my continent is the richest in the world, and the trajectory of global gowth is facing Africa. Nigeria will make or mar that transition. The youths of Africa are the drivers of change.”
Acknowledging global crisis, including conflicts in Ukraine, the Middle East and Sudan, the Vice President noted their impact on supply chains, humanitarian challenges and peace.
He called for multilateral collaboration, stressing that interconnected nature of global challenges requires collective solutions.
”There is an incestuous relationship between economy and ecology in the African continent. But hope springs eternal in the hearts of men. As members of the same human family, we must look inward to solve our problems, but multilateralism is key. These challenges are global, and we must fuse into one human family to overcome them,” the Vice President said.
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