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World Economic Forum shifts 2021 Special Annual Meeting to Singapore

World Economic Forum Special Annual Meeting which was scheduled to hold in Switzerland has now been moved to Singapore.

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World Economic Forum shifts 2021 Special Annual Meeting to Singapore

The World Economic Forum has announced a shift of venue for the 2021 Special Annual General Meeting, from Switzerland to Singapore. This is according to a notification, seen by Nairametrics.

In the recent notification, the World Economic Forum Special Annual Meeting is set to hold between 13th- 16th of May, 2021 in Singapore and returned back to its traditional venue of Davos-Klosters in Switzerland for the next Annual General meeting of 2022.

READ: Nigeria climbs 10 places to 115th in Global Competitiveness Rankings

According to the press release made available to Nairametrics, the shift of the venue became imperative after a careful review of the current COVID-19 situation, with Singapore being better placed for the event. In light of this, the World Economic Forum strongly believes that the shift in venue reflects the forum’s priority of safeguarding the health and safety of participants and the host institution.

READ: Leadway Assurance Holds Virtual AGM; Pays N38.5bn Claims in 2019

What you should know

  • The World Economic Forum is committed to improving the state of the world and is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas.
  • The Special Annual Meeting 2021 in Singapore will be the first global leadership event to address worldwide recovery from the pandemic. This in-person meeting will bring together leaders to focus on shaping solutions to the world’s most pressing challenges. Further details will be announced in due course.
  • In anticipation of the Special Annual Meeting 2021, the World Economic Forum will initially host the Global Technology Governance Summit in Tokyo from 6-7 April 2021.

READ: FBNQuest holds 5th Annual General Meeting, reports N4.2 billion PBT

What they are saying: Commenting on the recent development, a part of the press release said: ‘’ The change in location reflects the Forum’s priority of safeguarding the health and safety of participants and the host community. After careful consideration, and in light of the current situation with regards to COVID-19 cases, it was decided that Singapore was best placed to hold the meeting.’’

READ: Unit holders earn N1.5 billion from UPDC REIT 

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In addition, commenting on the rationale behind this year special Annual Meeting, the Executive Chairman of the World Economic Forum, Klaus Schwab said: “A global leadership summit is of crucial importance to address how we can recover together,”

READ: IMF enjoins CBN to unify exchange rate, here’s why 

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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    Business

    Lagos Commissioner of Police dismantles road blocks on Lagos-Badagry expressway

    The Commissioner warned the concerned Area Commanders to take action on full compliance as any defaulter will be sanctioned accordingly.

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    The Commissioner of Police in Lagos State, CP Hakeem Odumosu, has ordered the immediate dismantling of all illegal roadblocks by police teams from the command on the Lagos-Badagry expressway.

    The directive is to checkmate the illegal activities of the police on that route which have been condemned by the government, some stakeholders and international bodies and also bring sanity and decency to their operations along that axis.

    That disclosure is contained in a statement signed by the Police Public Relations Officer of the Lagos State Police Command, CSP Olumuyiwa Adejobi, on Saturday, April 10, 2021.

    Adejobi in the statement said that CP Odumosu gave the order on Friday while addressing Area Commanders and Divisional Police Officers in the command on the general security situation in the state and reviewing the anti-crime strategies of the command in order to sustain its feats on crime control.

    What the statement from the Lagos State Police Command is saying

    The statement from the Lagos Police Command partly reads, “In his bid to restore sanity and decency to the operations of the police along the ever-busy international route, Lagos/Badargy Expressway, the Commissioner of Police, Lagos State, CP Hakeem Odumosu, has ordered for the immediate dismantling of illegal roadblocks by the police teams from the Lagos State Police Command.

    The police boss, while reacting to some complaints from the general public and some security reports on the police activities along the international route, ordered the Area Commanders and Divisional Police Officers whose jurisdictions fall along the Badargy Expressway; Festac and Area K, Marogbo, to withdraw their men from the illegal roadblocks and embark on aggressive motorised patrol and surveillance to police their areas and the route.

    The Commissioner of Police confirmed that the illegal police roadblocks along the route have been condemned by the government, international bodies and interest groups and they must be dismantled without delay,” he said.

    The Commissioner, however, noted that other police operatives from other police formations, outside the supervision of the Lagos State Police Command who operate along the route, would be contacted to adjust and do the needful to restore sanity to their operations.

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    The CP Odumosu then warned the concerned Area Commanders to desist and take necessary action on full compliance with his order as any defaulter will be sanctioned accordingly.

     

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    Business

    Burial date for late Prince Philips announced

    The Duke of Edinburgh will be laid to rest on Saturday, April 17, 2021, in a colourful but lowkey ceremony.

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    Prince Philip, the late husband of Britain’s Queen Elizabeth, and the Duke of Edinburgh will be laid to rest on Saturday, April 17, 2021, in a colourful but lowkey ceremony by royal standards.

    The Buckingham palace in making the announcement stressed that the funeral service will be held according to the Covid-19 restrictions guideline with the number of mourners to be limited to 30. This means that members of the royal family including the Queen would be expected to put on face masks.

    The College of Arms, which handles most of the ceremonial aspects of the royal family’s work, had earlier confirmed that the late Prince Philip would not lie in state anywhere accessible to the public, which could have seen thousands of people lining up to view his coffin.

    The funeral service for Philip, who died aged 99 on Friday, will be held at St George’s Chapel in Windsor Castle, and a national minute’s silence would be observed ahead of the ceremony. There will be no public access nor public procession beforehand with the royal family and UK government asking the public not to gather or leave flowers at the royal residences due to Covid-19 restrictions.

    A Buckingham Palace spokesman also confirmed that Prince Harry, the Duke of Sussex, who had moved to Los Angeles after giving up royal duties, was planning to attend his grandfather’s funeral, but his pregnant wife Meghan won’t be present as she had been advised not to travel by her physician.

    In case you missed it

    • It can be recalled that the death of Prince Philip, the husband of Queen Elizabeth II and the longest-serving consort of any British monarch before retiring from his public duties in 2017, was announced on Friday, April 9, 2021.
    • He died peacefully in Windsor Castle on Friday morning and had been married to the Queen for 73 years.
    • Since his death, tributes have been flooding in from the UK and all around the world for the duke, who had recently spent a month in two London hospitals, undergoing heart surgery and treatment for an infection, before returning in mid-March to Windsor Castle.

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