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Home Economy

Nigeria Shines at WEF: Building Trust, Wooing Investors with Resilient Economy

News Editor by News Editor
January 16, 2024
in Economy
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Nigeria Shines at WEF: Building Trust, Wooing Investors with Resilient Economy

By Omonu YG Nelson

Davos, Switzerland – Nigeria’s robust business climate is resonating loud and clear at the 54th World Economic Forum (WEF) annual meeting, perfectly aligned with the theme of “Rebuilding Trust.” This year’s event, from January 15th to 19th, brings together global leaders to tackle pressing challenges, and Nigeria is playing a prominent role.

“The WEF provides a critical platform for countries like Nigeria to navigate global complexities,” stated Ambassador Yusuf Maitama Tuggar, Nigeria’s Minister of Foreign Affairs. “President Tinubu’s Renewed Hope Agenda, focused on job creation, inclusivity, and the rule of law, echoes the Forum’s emphasis on trust and aligns with our commitment to unlocking Nigeria’s full economic potential.”

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Leading the charge is Vice President Kashim Shettima, representing Nigeria among 52 Heads of State, including Xi Jinping of China and Olaf Scholz of Germany, and over 1,500 CEOs from the world’s top companies. Shettima’s packed schedule focuses on strategic engagements aimed at securing Nigeria’s future.

Davos, Switzerland, January 16, 2024 – Nigeria’s robust business climate is reverberating through the corridors of the World Economic Forum (WEF) in Davos, Switzerland. Amidst the theme of “Rebuilding Trust,” Nigeria’s unwavering commitment to transparency, consistency, and accountability resonates with the forum’s focus, offering a beacon of hope in a world seeking stability.

“This year’s WEF presents a critical platform for tackling global challenges, particularly for transitioning countries like Nigeria,” declared Ambassador Yusuf Maitama Tuggar, Nigeria’s Minister of Foreign Affairs. “President Tinubu’s Renewed Hope Agenda mirrors the forum’s emphasis on rebuilding trust, prioritizing job creation, access to capital, inclusivity, and the rule of law.”

Leading the charge is Vice President Kashim Shettima, representing Nigeria at the highest level. Alongside 52 Heads of State, including Xi Jinping of China and Olaf Scholz of Germany, and over 1,500 CEOs and Chairpersons of global titans, Shettima is actively engaging in high-impact dialogues, strategically leveraging WEF to propel Nigeria’s future.

At the Country Strategy Dialogue on Nigeria, chaired by Shettima himself, he will directly engage 60 global CEOs and chairs, seeking partnerships and investments to fuel Nigeria’s economic engine. The Transforming Energy Demand dialogue will see him collaborating with stakeholders on transitioning to a sustainable future while maintaining economic growth.

Shettima’s private meeting with James Quincey, CEO of Coca-Cola Company, paves the way for potential collaborations in the beverage industry, while his exclusive dinner with WEF founders Klaus and Hilde Schwab opens doors to further strategic partnerships.

Back in Abuja, Nigerians eagerly await updates on Shettima’s breakfast discussion on Driving Action Under the African Continental Free Trade Area, hoping for progress in regional economic integration. Meanwhile, the Nigeria Reception, showcasing the country’s vibrant culture, food, and music to 600 attendees, promises to leave a lasting impression on the global stage.

Nigeria’s active participation at WEF is not merely a display of its resilience; it represents a proactive approach to securing its future. By highlighting its potential, connecting with key decision-makers, and promoting its development agenda, Nigeria stands poised to attract investments, build partnerships, and embark on a brighter future built on trust and progress.

Alkasim Abdulkadir
SA Media and Communications Strategy
To the Honorable Minister of Foreign Affairs
Tags: DavosWorld Economic Forum
News Editor

News Editor

SUMMIT POST (www.summitpostnews.com) is an Online news medium, powered by Highland Media Ltd. We publish a wide range of content, including Politics, Business, Sports and Entertainment on and about Nigeria, Africa and beyond. Follow us on social media for all the latest news and analysis. Contact us: WhatsApp: +234-803-209-6072; Call: +234-705-252-6124 Email: summitpostnigeria@gmail.com

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SUMMIT POST NEWS (www.summitpostnews.com) is an Online news medium, powered by Highland Media Ltd. We publish a wide range of content, including Politics, Business, Sports and Entertainment on and about Nigeria, Africa and beyond. Follow us on social media for all the latest news and analysis. Contact us: WhatsApp & Calls ‪+234-803-209-6072‬, ‪+234-705-252-6124‬: Email: summitpostnigeria@gmail.com

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