Thursday, 9 February 2017

NIGERIA SUMMIT 2017

The Economist Events’ Nigeria Summit 2017 will be held in London for the first time in order to highlight Nigeria’s economic opportunity to an international audience including policymakers, business leaders, academics and finance professionals for a vibrant discussion on the way ahead.
The summit will provide an open platform for dialogue on how the Nigerian economy can turn the new, seemingly less benign environment, to their advantage.
For the first time in more than two decades, the Nigerian economy has gone into recession. Moreover it is suffering a crippling shortage of foreign currency that has left many businesses unable to import items such as basic consumer goods, raw materials or machine parts. The adoption of a more market-determined exchange rate by the Central Bank in June 2016 was welcomed by many investors and analysts, and although some are still sceptical, there is good reason to believe that this will bring a surge in investment.
But there is still much to be done. A sustained economic recovery will also require the right policies to encourage economic diversification as well as structural reforms to make the economy more competitive. The key challenge for Nigeria’s government will be turning economic opportunities into social and political prosperity. This will require investment, not only of key regional institutions, but also of major international investors. Chaired by Jonathan Rosenthal, The Economist’s Africa editor, the summit will draw on the expertise of a wide range of speakers and explore issues from economic policy and diversification to digital disruption, manufacturing, power supply and education.

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