BUSINESS & ECONOMYEVENTS

Nigeria Summit To Focus On Future Of Economy

Nigeria Summit

Following last year’s successful summit, The Economist Events’ Nigeria Summit has stated that the 2017 edition will explore strategic opportunities available for Nigeria’s economic growth as she seeks solutions to her current financial downturn.

Vice-president of the Federal Republic of Nigeria, Yemi Osinbajo will deliver the opening address at the 2017 summit which will be a 2-day event, themed, “Paving the Way”,  to be held on March 6th and 7th 2017 at the Intercontinental Hotel, Victoria Island, Lagos.

While relieving the impact of the summit, delegates at the 2016 Summit concluded that “Nigeria needs to move quickly—the rest of the world is not waiting for Nigeria to catch up. But at the same time it should not risk having the policy reversals of the past”.

They stressed that Nigeria must identify its main strengths, and then act decisively to support them. Emphatically, the Chief Executive Officer of Access Bank, Herbert Wigwe, argued: “We need to prioritise and look at the sectors where we have the greatest efficiencies and where we can invest our resources to get the big impact that is required.”

READ (http://APO.af/T8hL1y) the analysis of our 2016 summit polling.

Other speakers for the 2017 summit include; Michel Arron, Head of Delegation to the Federal Republic of Nigeria, EU,  Paul Arkwright, High Commissioner to the Federal Republic of Nigeria, United Kingdom, Bilikiss Adebiyi, Chief Executive Officer, Wecyclers Corporation, Jonathan Rosenthal, Africa Editor, The Economist amongst others.

This year’s summit is expected to bring together more than 350 participants drawn from different walks of life including Nigeria’s public and private sectors, international business leaders, representatives of Nigerian civil society, international investors, economists and academics

According to The Economist Events, the discussion comes at a crucial time as Nigeria is facing an economic downtime. For the first six months of 2016 Nigeria has been in the grip of a severe foreign currency shortage.  Many businesses have been unable to import inputs from raw materials to machine parts as well as simple supermarket products.

As the economy has slowed, foreign investors have pulled back. The number of unemployed and underemployed Nigerians has risen. The question then is how Nigeria can get out of her present economic quagmire?

“The 2017 Nigeria Summit will explore the economic and social progress discussed during the last summit, as well as provide an in-depth analysis on the way forward for Nigeria to return to its strong economic growth,” said, Jonathan Rosenthal, Africa Editor, The Economist. 

Attendees will be looking at a wide range of issues from the economic policy and diversification to digital disruption, manufacturing, power supply, and education during the panel discussions, which will be chaired by Jonathan Rosenthal.

Visit: http://www.economist.com/events-conferences/emea
APO

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