Nigeria VP Yemi Osinbajo on unlocking growth in West Africa

Nigeria's Vice President, Yemi Osinbajo, recently participated in the Building Africa debate at the World Economic Forum in Davos where the discussion centered around unlocking growth in the continent. Vice President Osinbajo highlighted the significance of political will and existing economic arrangements within the Economic Community of West African States (ECOWAS) to drive growth in the region. Osinbajo praised the cooperation between West African countries, particularly in the face of challenges such as the Boko Haram insurgency where joint efforts were crucial. He noted the increasing trade interactions between Nigeria and its neighboring countries in the West African sub-region, emphasizing the importance of the right policies and enabling environments for effective trade. Osinbajo stressed the commitment of ECOWAS leaders to bolster trade and ensure a conducive environment for economic growth in West Africa. The Vice President's remarks shed light on the optimism surrounding economic cooperation and trade in the West African region. With a focus on fostering partnerships and enhancing policy frameworks, countries within ECOWAS are poised to capitalize on the existing momentum for sustainable growth. The vibrant trade dynamics between Nigeria and its neighbors underscore the potential for expanded market opportunities and increased economic integration across the sub-region. In conclusion, Vice President Osinbajo's insights underscore the positive trajectory of economic cooperation and trade in West Africa. As the region continues to strengthen its ties and implement conducive policies, the stage is set for accelerated growth and development. The commitment displayed by ECOWAS leaders to foster a thriving trade environment bodes well for the future of the West African economy.