“Investing in humanity is investing in our collective survival. This is why we in Nigeria believe that public and private partnership should focus on increasing investments in health, education, capacity building, youth empowerment, gender equality, poverty eradication, climate change and food security. By doing so, it will go a long way in reenergizing the global economy in a post COVID-19 era.
The humane approach to investment, he said, is the only way to address the global challenges we face, especially in the COVID-19 era. “These nations increasingly allocate more and more resources towards external debt servicing and repayment at the expense of the health, education and other services that contribute to the overall wellbeing of their population,” he said.
President Buhari told the gathering of world leaders, global investors and asset managers that the oil sector was already undergoing a reform that would make it more attractive and inclusive. “We have the Nigeria Sovereign Investment Authority and, more recently, I approved the creation of the Infrastructure Corporation of Nigeria. These institutions are run as independent world class institutions to make investments in the country and are available to co invest with you,” he further explained.
To further improve and reposition the economy to attract investors, the president said “e-Naira, the electronic version of our national currency, which puts us on track to become the first African country to introduce a Central Bank Digital Currency” was launched on October 25, 2021.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
President Buhari Leaves For Saudi Arabia Investment Summit TodayPresident Muhammadu Buhari leaves today for Riyadh, Saudi Arabia, to participate in the investment conference organised by the Future Investment
Source: LeadershipNGA - 🏆 4. / 77 Read more »
No president addressing terrorism, kidnapping, herdsmen, IPOB like Buhari—PresidencyIn response to a berating editorial by The Economist against the Buhari regime, the Presidency has said that only the regime is taking steps to address terrorism, kidnapping, killer herdsmen and secessionists concurrently. IPOB will kill you there!!! This one na Werey o...😂😂
Source: MobilePunch - 🏆 8. / 63 Read more »
eNaira Will Increase Nigeria’s GDP By $29bn, Says President BuhariThe adoption of the Central Bank Digital Currency (CBDC) and its underlying technology, called blockchain, can increase Nigeria’s GDP by $29billion over The adoption of the Central Bank Digital Currency (CBDC) and its underlying technology, called blockchain, can increase Nigeria’s GDP by $29billion over the next 10 years, President Muhammadu Buhari said on Monday in Abuja at the official launch of the eNaira. Says someone who shut down twitter and is obsessed with RUGA and cows App wey no dey work properly?
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Buhari swears in two new INEC commissionersPresident Muhammadu Buhari on Monday swore in two National Commissioners of the Independent National Electoral Commission (INEC). The new National
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Celebrate our troops with pride, Buhari urges NigeriansMuhammadu Buhari (retd.), on Monday in Abuja lauded the Nigerian Armed Forces for maintaining peace, unity and stability in the country, urging Nigerians to celebrate them as the pride of the The murderous troops who killed EndSARS kids? Baba dey ask for celebration so that wetin dey sup for Sudan no go sup for here 🤣🤣 The ones killing innocent people in the east or the ones that.burned a village in benue the ones that burned a house with a stroke.victim.inside thereby burning her nurse to death as she tried to save her Oga shift oneside
Source: MobilePunch - 🏆 8. / 63 Read more »
How Attack On Sowore By Pro-Buhari Supporters Unfolded At Abuja Court During Nnamdi Kanu's Trial
Source: SaharaReporters - 🏆 9. / 63 Read more »