• Contact Us
  • About Us
Sunday, May 17, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Nigeria postpones investment conference due to Abuja airport closure

metro by metro
February 24, 2017
in News
0
0
SHARES
0
VIEWS

 Nigeria has postponed a trade conference meant to drum up badly-needed investment for three months due to the temporary closure of its capital’s international airport, the organizers said on Friday.

The delay is the first sign that government and business activity will be impacted by the six-week closure of Abuja airport for runway repairs just as Africa’s biggest economy grapples with recession.
The airport will close from March 8 and the government had hoped foreign airlines would use the smaller Kaduna airport about 160 km (100 miles) to the north.
So far, however, most international airlines including British Airways, Lufthansa and South African Airways have refused to fly to Kaduna, partly due to security concerns.
The British Foreign and Commonwealth Office advises against all but essential travel to Kaduna state in northern Nigeria. Underlining the security risks in the region, two Germans were kidnapped on the main Abuja-Kaduna road this week.
Organisers of the Nigeria International Trade and Investment Conference said in a statement the event had been pushed back from late March to June 13-15 due to the airport closure.
The conference aims in particular to attract farming investment to boost local food production and reduce the country’s dependency on oil exports.
Nigeria’s economy has been hammered by a slump in oil revenues that has eroded public finances and forced the central bank to devalue the naira several times.
The government imposed this week a 24-hour curfew on parts of Kaduna state after clashes between herdsmen and villagers killed at least 14 in the region.

Read Also

Iran War Looms Over Trump’s China Visit, Shifts Alliances 

Taiwan Arms Sales, Business, Others On Top Agenda As US President Lands In China For Summit 

UN Calls For ‘Independent’ Probes Into Nigeria, Chad Airstrikes

Previous Post

FG PACKAGING URGENT RELIEF FOR POULTRY INDUSTRY, SAYS AG. PRESIDENT

Next Post

Thoughts from a Renaissance man: Nigeria – cheapest in Africa at NGN500/$

Related Posts

Iran War Looms Over Trump’s China Visit, Shifts Alliances 
News

Iran War Looms Over Trump’s China Visit, Shifts Alliances 

May 14, 2026
Taiwan Arms Sales, Business, Others On Top Agenda As US President Lands In China For Summit 
News

Taiwan Arms Sales, Business, Others On Top Agenda As US President Lands In China For Summit 

May 13, 2026
UN Calls For ‘Independent’ Probes Into Nigeria, Chad Airstrikes
News

UN Calls For ‘Independent’ Probes Into Nigeria, Chad Airstrikes

May 13, 2026
NDC Fixes Presidential Form At N60m Ahead Of 2027 Elections
News

NDC Fixes Presidential Form At N60m Ahead Of 2027 Elections

May 13, 2026
Next Post
Naira

Thoughts from a Renaissance man: Nigeria – cheapest in Africa at NGN500/$

Vietnam Ramps Up Crude Import From Nigeria, Others Amid Iran War

Oil Prices Climb More Than 3% On Fears Of New US-Iran Combat 

May 15, 2026
World Bank

World Bank Limits Instagram Comments Over Nigerians Negative Reactions To FG’s Latest Loan Plan

May 15, 2026
Amid Tight Monetary Policy Measures, Nigeria’s Inflation Rises To 21.82% 

Nigeria’s Inflation Rises To 15.69% As Costs Of Food, Transport, Others Increase 

May 15, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version