BusinessHighlight

Ministers didn’t shun US-Nigeria summit, says FG…As controversy continues to trail event

682

After almost 72 hours, fallout from the contentious Nigeria-US Summit continues to reverberate throughout Washington and Nigeria.

The Emir of Kano, Alhaji Lamido Sanusi, over the week-end expressed disappointment over the federal government’s poor attitude to the attraction of foreign investors.

“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. If you have this forum in the Rwandan Embassy, I assure you that President Paul Kagame himself would be there telling people to come, Sanusi at the venue of the event.

The Federal Government on Monday denied reports that Ministers who were invited to the US-Nigeria Investment Summit shunned the forum.

In a statement issued in London on Monday, the Minister of Information and Culture, Alhaji Lai Mohammed, said most of the Ministers who were slated to attend the event were not invited and were not in Washington, DC, at the time, hence the insinuation that some Ministers collected estacodes without attending the forum is baseless.

He said the Ministers of Agriculture; Power Works and Housing and Budget and National Planning did not get any invitation from the organizers, even though they were listed among those who were expected to attend.

Alhaji Mohammed said the Minister of Industry, Trade and Investment, who was invited, was with the President at the Commonwealth Heads of Government Meeting (CHOGM) in London at the time of the summit, while the Minister of Finance, who was in Washington, DC, at the time, was there purposely to attend the 2018 Spring Meetings of the World Bank and the International Monetary Fund.

He said though he (Minister of Information and Culture) was invited to the forum, he wrote back to inform the organizers that he would not be able to make the trip due to conflicting schedules.

”It is clear from the foregoing that no Minister shunned the US Investment Summit and that the reports being circulated in that regard are bereft of facts,” the Minister said.

Meanwhile, controversy has trailed the summit with many describing it as ‘shoddy’.

Per Second News investigation in Washington revealed that the Embassy of Nigeria is facing a civil lawsuit by a businessman who alleged that he put together the “Meet and Partner with Government Policy Makers Institutional Investors Corporate Leaders” summit but the project was hijacked by officials at the Embassy of Nigeria.

The event initially billed to take place at the  5-Star  JW Mariott hotel in NorthWest, Washington, was changed to the lobby of the embassy due to financial constraints.

Officials of the hotel said organizers did not come up with advance payment and were advised to look for another venue.

Most members of the Corporate Council of Africa, CCA, the leading U.S. business association focused solely on connecting business interests in Africa did not attend the program.

CCA is the key resource group for conducting successful business in Africa and in an era of shifting U.S. policy and rapidly changing markets.

 

EDITOR’S NOTE

This is a developing story and will be updated.

 

 

Leave a comment

Related Articles

FG Pensioners Plan Bold Nude Protest on Dec 8 to Demand Rights

The Coalition of Federal Pensioners of Nigeria is set to stage a...

2Face Cries Out: ‘My Family Has Destroyed Me, Damaged My Wife’s Character’

The ongoing controversy surrounding the marriage of award-winning singer Innocent Idibia, popularly...

Chinese Nationals’ Abductions in Kwara Heighten Fresh Security Fears

Two Chinese nationals working on a major road construction project in Kwara...

Breaking: Supreme Court Dismisses Osun’s Suit Against FG Over Withheld LG Funds

The Supreme Court dismissed a lawsuit filed by the Attorney General of...

Boris Johnson Touts Nigeria-Born Kemi Badenoch as UK’s Next Prime Minister

Former British Prime Minister Boris Johnson stirred excitement at the 2025 Imo...

Nigeria’s Foreign Reserves Hit Seven-Year High of $46.7bn – CBN Gov. Cardoso

Nigeria’s foreign reserves have reached a seven-year high of $46.7 billion, providing...

List of 68 ambassadorial nominees at a glance

List of 68 ambassadorial nominees at a glance CAREER AMBASSADORS (34) Abia...

Nigerian, 26 Others Charged in US Midstate Banks $Multi-Million Fraud Scheme

At least, 27 people including a Nigerian have been charged to court...

Dangote Set to Become World Largest Fertiliser Producer by 2028

The Dangote Group, led by Aliko Dangote, is set to become the...

CJN Reaffirms Judiciary’s Commitment to Human Rights Protection

The Chief Justice of Nigeria (CJN), Justice Kudirat Kekere-Ekun, has reaffirmed the...

Appeal Court Declares VIO Illegal, Lacks Power To Seize Vehicles, Impose Fines

The Court of Appeal, Abuja Division, on Thursday affirmed an earlier judgment...

NPA to Drive Growth in Non-Oil Export Sector

The Nigerian Ports Authority (NPA) says it is committed to boosting the...

Maritime Workers Union Meets NPA, Pledges Support for Sector’s Growth

The Maritime Workers’ Union of Nigeria (MWUN) has reaffirmed its commitment to...

EFCC Seeks Reversal of Ruling on 27 Forfeited Assets

The Economic and Financial Crimes Commission(EFCC) has filed a notice of appeal...

Updated: Tinubu nominates ex-Rivers administrator Ibas, Dambazau, others as ambassadors

President Bola Tinubu has forwarded another batch of non-career ambassadorial nominees to...

Out-of-Control Truck Crushes Traffic Cop, Leaves Another Injured in Abuja

The Federal Capital Territory (FCT) Police Command tragically lost one of its...

Tinubu Lauds Senate for Swift Defence Minister’s Confirmation

President Bola Tinubu has commended the Nigerian Senate for the speedy screening...

South Africa to Boycott US-led G20 Meetings After Exclusion

South Africa has announced it will not participate in the G20 meetings...

China Backs Nigeria’s Security, Economic Reforms

The Chinese Ambassador to Nigeria, Mr. Yu Dunhai, has reaffirmed China’s support...

Abia Gov. Otti’s meeting with Tinubu Centres on Kanu, not defection – Aide

Abia Governor Alex Otti’s Special Adviser on Media and Publicity, Ferdinand Ekeoma,...