• Contact Us
  • About Us
Tuesday, March 28, 2023
  • 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
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

Biggest Strike In Decades Paralyzes  Germany’s Public Transport Network 

Court Orders Zenith, UBA, Firstbank, Wema To Appear Over N3.4bn OYSG Debt

PEPC Grants Atiku, Peter Obi’s Request To Serve Petitions On Tinubu Through APC 

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

Biggest Strike In Decades Paralyzes  Germany’s Public Transport Network 
News

Biggest Strike In Decades Paralyzes  Germany’s Public Transport Network 

March 28, 2023
Court Orders Zenith, UBA, Firstbank, Wema To Appear Over N3.4bn OYSG Debt
News

Court Orders Zenith, UBA, Firstbank, Wema To Appear Over N3.4bn OYSG Debt

March 27, 2023
Federal High Court Reverses Ratification Of Joyce Oduah’s Suspension As NBA Secretary General
News

PEPC Grants Atiku, Peter Obi’s Request To Serve Petitions On Tinubu Through APC 

March 24, 2023
Godwin Emefiele
News

IWD 2023: CBN Gov, Emefiele Seeks Gender Parity

March 24, 2023
Next Post
Naira

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

Confusion As FG Denies Increase In Pump Price Of Petrol, Fuel Scarcity Bites Harder 

IPMAN Berates FG’s Failed P/H Refinery Completion Promises

March 28, 2023
Biggest Strike In Decades Paralyzes  Germany’s Public Transport Network 

Biggest Strike In Decades Paralyzes  Germany’s Public Transport Network 

March 28, 2023
Court Orders Zenith, UBA, Firstbank, Wema To Appear Over N3.4bn OYSG Debt

Court Orders Zenith, UBA, Firstbank, Wema To Appear Over N3.4bn OYSG Debt

March 27, 2023
ADVERTISEMENT
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

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

© 2022 Metro Business News

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
Go to mobile version