Covid-19
has strained Africa’s health systems, education, aviation, culture, trade, and
general livelihoods as well as the continent’s public and private sectors amid
lockdowns, stifling sources of income.
IMF
has revised its GDP growth forecast for the continent from 5.1 before the
pandemic to -1.6%. Similarly, the World Bank made a similar forecast that
indicates a decline from 2.4% in 2019 to between -2.1 and -5.1% in 2020.
The economic impact has been enormous and continues to bite even further.
In a move to reposition
Nigeria’s economy in the post-Covid-19 era, Globe Chambers of Commerce and
Industry is putting up the Nigeria – China Economic and Investment Forum.
Nigeria – China Economic
and Investment Forum will be a networking point for not only Nigerians and the
Chinese, but also for Asians and African investors as Globe Chambers of
Commerce and Industry is proposing that the best way out of the global economic
crisis is multiple and strategic collaborations.
Hon. Nwabueze Buchi George, the
president of Globe Chambers of Commerce and Industry, in an announcement about
the event, said strategic partnership is key to global development at the
moment.
Hon. Buchi George said that Globe
Chambers of Commerce and Industry has strategically looked into what Nigeria
and China can mutually offer each other and there is a whole lot in various
sectors.
“Economically, Nigeria needs to be
great again and while the Covid-19 pandemic is still ravaging, we need to put
down viable recovery plans that can be kicking off any time soon. 2022 is a
good time for us and we believe by then, everywhere will open up for us and
other organizations working hard to make the world a better place” Hon.
Nwabueze Buchi George said.
Stay tuned as more
information on the Nigeria – China Economic and Investment Forum comes your way.
.
No comments:
Post a Comment