Nigeria’s delegation to the World Economic Forum (WEF) in Davos, Switzerland led by Vice President Kashim Shettima is poised to leverage the event as a springboard for attracting foreign investment.
The Minister of Foreign Affairs, Ambassador Yusuf Tuggar said that Nigeria’s attendance holds significant economic benefits, aligning with the forum’s focus on fundamental principles like transparency, consistency, and accountability. He connected these principles to President Bola Ahmed Tinubu’s Renewed Hope Agenda, emphasizing job creation, access to capital, inclusivity, and the rule of law.
Ambassador Tuggar noted that the meeting’s objective is to provide solutions to global challenges, especially for transitioning countries.
Over 52 Heads of State, including Xi Jinping, President of the People’s Republic of China, and Olaf Scholz, Chancellor of Germany, along with 1500 CEOs and Chairpersons of major global companies are expected at the 54th Annual Meeting of the WEF from January 15 to 19, 2024.
The forum, themed “Rebuilding Trust,” is meant to address pressing issues like transparency and accountability – values that resonate deeply with Nigeria’s current economic direction.
Vice President Shettima is expected to engage global investors, participate in Nigeria-focused programmes, including a Country Strategy Dialogue, and attend various private meetings and events aimed at promoting Nigeria’s economic interests.
The World Economic Forum, established in 1971, engages leaders worldwide to shape global, regional, and industry agendas.