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Home Business News

Adeosun, Emefiele defend absence at US investment meeting

Fikayo Owoeye by Fikayo Owoeye
April 23, 2018
in Business News, Politics
Mrs. Kemi Adeosun

Mrs. Kemi Adeosun Minister of Finance

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The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, and Minister of Finance, Mrs. Kemi Adeosun have come out to explain reasons why they did not attend the US-Nigeria Investment Summit 2018 held in Washington DC.

The US-Nigeria investment programme which was organized by the Nigerian embassy in Washington DC on Saturday had in absentia key Nigerian officials including the Minister of Finance, Kemi Adeosun, CBN Governor, Godwin Emefiele, and other key stakeholders.

The duo noted that the summit was not part of their schedule in Washington DC and was only informed about the summit when they arrived the US.

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Earlier, the Emir of Kano, and former Governor CBN, Alhaji Muhammadu Sanusi II, had expressed his dissatisfaction that there were no government officials on ground when he arrived for the summit.

He noted that their absence was not good for Nigeria’s efforts to attract investment opportunities into the country.

In His words:

“You invite top investors, your ministers are in Washington and they do not come to talk to the investors about Nigeria. That is not how you attract investors.”

The event which was scheduled to be an interactive meeting between the Nigerian government and the US business community had in attendance Wilbur Ross, United State Secretary of Commerce; Sergio Pimenta, IFC Regional Vice President ( Middle East and Africa); C.D Glin, President and CEO, U.S African Development Foundation ((USADF).


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Fikayo Owoeye

Fikayo Owoeye

Fikayo has a degree in computer science with economics from Obafemi Awolowo University. ITIL v3 in IT service management. An alumnus of Daystar Leadership Academy. Prior to joining Nairametrics had stinct in Project management, Telecommunications among others. Also training in Consulting and Investment banking from Edubridge Academy. He has very keen interest in Politics, Agri-business, private equity and global economics. He loves travelling and watching football. You can contact him via fikayo.owoeye@nairametrics.com

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