The pandemic has strained Nigeria’s health systems, education, aviation, culture, trade, and general livelihoods as well as Africa’s public and private sectors, stifling sources of income.
IMF has revised its GDP growth forecast for the continent of Africa 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 this post-Covid-19 era, Trade Nigeria in conjunction with Globe Chamber of Commerce and Industry is putting up the Nigeria Joint Trade and Business Delegation of Industry, Agriculture, Mines, Investment and Commerce to Asia, 2021.
The Nigeria Joint Trade and Business Delegation of Industry, Agriculture, Mines, Investment and Commerce to Asia, 2021 will be a networking point for Asian, Nigerian and African investors as Trade Nigeria gaffer, Hon. Buchi George is proposing that the best way out of the global economic crisis is multiple and strategic collaborations.
Hon. Nwabueze Buchi George, who is also the Chairman of Globe Chambers of Commerce and Industry, in an announcement about the event, said strategic partnership is key to global development at the moment.
"Trade Nigeria has strategically looked into what Nigeria and Asia can mutually offer each other and there is a whole lot in various sectors".
“Economically, Nigeria needs to be great again and while the pandemic is still on, we need to put down viable recovery plans that can be kicking off any time and 2021 is indeed the set time" he added.
No comments:
Post a Comment