The Vice President, Yemi
Osinbajo, on Monday left Nigeria for Oslo, Norway to attend the Nordic-Africa
Business Summit.
Osinbajo’s trip to Norway was in
pursuance of President Muhammadu Buhari’s Economic Recovery and Growth Plan,
ERGP, and at the invitation of the Prime Minister of Norway, Erna Solberg.
The summit, which started on
Monday, will run till Wednesday.
A statement by
Osinbajo’s Media Aide, Laolu Akande, said the Vice President, who had earlier
this afternoon Extraordinary Federal Executive Council, FEC, meeting at the
Presidential Villa, leaves Abuja is expected back on Thursday.
The statement reads: “In pursuit
of the Buhari administration’s Economic Recovery and Growth Plan, ERGP,
especially regarding the active mobilization of foreign investment, Vice
President Yemi Osinbajo, SAN, will be honouring a personal invitation of the
Prime Minister of Norway, Erna Solberg, to attend the Nordic-African Business
Summit in Oslo this week.
“The invitation is a
long-standing one and the event, holding from Monday to Wednesday, is being
organized to give particular prominence to trade and investment ties between
Africa and the Nordic countries of Denmark, Finland, Iceland, Norway and
Sweden.
“The summit will attract the
largest Nordic companies doing business or interested in doing business in
Nigeria, with interests in agriculture, light manufacturing, transportation,
digital technology and entertainment, oil and gas, and renewable energy.
“Specifically, Prof. Osinbajo
would, among other critical issues, be speaking on the strides made by the
Buhari administration in improving the economy and human capital development.
“The Vice President will also
headline a specific Nigeria-focused investment roundtable, which is expected to
lead to increased trade and investment into Nigeria by building confidence
about business prospects in the country and its role as an economic gateway
into Africa.
“There will also be a high-level
plenary session at the summit to be attended by Crown Prince Haakon of Norway,
featuring the Nigerian VP, Deputy President of South Africa, David Mabuza, and
other global business and government leaders. That plenary session would be
moderated by Financial Times editor David Pilling.
“Also, while in Oslo, the Vice
President would hold a bilateral meeting with the Prime Minister to discuss
issues of mutual interest to both countries, including bilateral cooperation,
especially trade and private sector investments, as well as regional and
multilateral issues of mutual concern.
“In extending its invitation to
the Vice President, the Norwegian government noted that Nigeria’s participation
in the summit would contribute considerably to its success, as the country
“plays a crucial regional leadership role and has the largest economy in
Africa.”
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