President Goodluck Jonathan will today leave Abuja, for the World Economic Forum (WEF) in Davos, Switzerland. At the forum, the president is expected to lead efforts aimed at attracting beneficial global participation in this year’s World Economic Forum (WEF) Africa, which would be hosted by Nigeria in Abuja from May 7 to 9. Jonathan will be accompanied and supported by key members of the federal government’s Economic Management Team from the public and private sectors, as well as the Nigerian Economic Summit Group (NESG). The president is scheduled to host special events in Davos aimed at boosting attendance at the economic forum in Abuja by leading players in the world’s political and economic affairs who meet in the Swiss winter resort annually. This was contained in a statement by his Special Adviser on Media and Publicity, Dr. Reuben Abati. The events, which would include an African soiree for participants, and an interactive session with financiers and industrialists, according to the statement, would also seek to further promote Nigeria’s immense economic potentials with a view to attracting more employment generating investments to the country. The theme of the WEF on Africa in Abuja – “Forging Inclusive Growth, Creating Jobs” is very much in tandem with the federal government’s economic priorities for this year as enunciated in this year’s national budget proposals. “It is expected that the forum will bring regional, continental and global leaders together in Abuja to discuss innovative structural reforms and investments which Nigeria and other African nations can buy into to sustain their economic growth, create more productive jobs for their youthful populations and greater prosperity for all their citizens. “While in Davos for the 2014 annual meeting of the World Economic Forum which has “Reshaping of the World” as its theme, President Jonathan will also participate in a televised session focused on actions needed to ensure that the currently positive economic growth trends in Africa endure and yield greater benefits for all stakeholders in the well-being and development of the continent. “The president will have bilateral meetings with other participating heads of state and government including Prime Minister Benjamin Netanyahu of Israel and also receive the chief executives of leading international conglomerates with interest in Nigeria before returning to Abuja on Friday,” the statement read.
Shell Petroleum Development Company has finally agreed to pay £55 million in compensation for what it described as the two regrettable oil spills that occurred in Bodo community in Gokana Local Government Area of Rivers State in 2008, an indication that the community rejected the £30 million ($51 million) allegedly offered initially by the oil […]
The Central Bank of Nigeria (CBN) yesterday released an exposure draft on the guidelines for electronic card issuance. In the 14-page document posted on its website Wednesday, the central bank requested for input from stakeholders on the policy, on or before February 27, 2014. It stated that the guidelines were developed to provide […]
The recent clampdown on service providers in the telecoms and aviation industries by their respective regulators may serve as strong warnings to providers of goods and services in other sectors of the economy, writes Festus Akanbi Economic affairs commentators at the weekend described the recent sanction of some GSM operators for poor service quality […]