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• World Bank praises country’s reforms, pledges stronger partnership in energy, jobs, gender empowerment
From Juliana Taiwo-Obalonye, Abuja
Vice President Kashim Shettima on Monday at the inauguration and swearing-in ceremony of President Alassane Ouattara for another term in office as President of Côte d’Ivoire in Abidjan, reaffirmed Nigeria’s continued commitment to regional peace and stability.
According to a statement by his media aide, Stanley Nkwocha, at the presidential inauguration in Abidjan, which had West African leaders and international guests in attendance, the Vice President who represented President Bola Tinubu, extended Nigeria’s warm congratulations to President Ouattara on his swearing-in.
The inauguration took place at the Presidential Palace, where President Ouattara took the oath of office, pledging to prioritise national reconciliation and economic stability as he begins another term leading the West African nation.
He expressed confidence in President Ouattara’s continued leadership and wished him success in his new mandate.
Shettima reaffirmed Nigeria’s commitment to deepening the strong partnership between both nations and working together to advance peace, stability, security, and prosperity across the West African region.
He noted that both countries will further strengthen their economic ties through agriculture and trade relations.
In his inaugural address, President Ouattara thanked all visiting leaders who came to show solidarity and friendship with the I’voirans, promising to continue to work for the well-being of his citizens and engage more robustly in diplomatic relations for mutual benefits.
Other leaders who attended the event include the Presidents of South Africa, Liberia, Senegal, Gambia, Angola, Ghana amongst others, and former Nigerian President, Dr. Goodluck Jonathan.
The United States was represented by a Presidential Delegation led by Under Secretary of State for Economic Affairs, Jacob Helberg. High-level personalities and delegates from ECOWAS and other nations also graced the occasion.
Meanwhile, the World Bank has applauded President Tinubu’s administration for its reform policies and pledged to strengthen its partnership with Nigeria on energy, job creation, and gender empowerment initiatives.
On the sidelines of the presidential inauguration, the global financial institution stated this when Nigeria’s Vice President received in audience the Managing Director, Operations, of the World Bank Group, Anna Bjerde,
He told Bjerde that the administration of President Tinubu, from inception, had to contend with negative impact of the oil subsidy regime on the economic growth of the country, just as he outlined the positive results of the administration’s bold reforms.
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He further told the World Bank Director that the ongoing tax reforms of the Tinubu administration has yielded positive result, saying “we have crossed the Rubicon.”
He pointed out that though the impact of the reforms may have been painful at the initial stage, it has started showing the dividends, even as he said in order to turn the demographic bulge into demographic dividends, the administration is focusing on gender empowerment initiative, investments in the digital economy and agriculture for enhanced productivity.
The Vice President commended the World Bank team for being supportive to Nigeria.
Earlier, the Managing Director, Operations, of the World Bank Group, Bjerde, commended Nigeria for taking pragmatic initiatives to position the country on the right path.
Noting that the World Bank is willing to partner more on energy, she said, “First, on energy, we’re stepping up on a number of possibilities to ensure that about four million people are connected.”
Bjerde also revealed that her group will encourage and enhance upliftment and education of the girl-child in Nigeria.
