Vice President, Prof. Yemi Osinbajo is representing Nigeria at the annual World Economic Forum holding in Davos, Switzerland.
A statement issued by his senior special Assistant, Media, Laolu Akande, noted that the vice president, who will be meeting other leaders at the event, will participate in a number of panels highlighting the prospects of the Nigerian economy under President Muhammadu Buhari.
During a session in which he participated, Osinbajo highlighted the problems facing Africa and Nigeria. He said “Africa is not doomed, our challenges have forced us to look inward.
“Good governance and an emphasis on building transparent systems will rid Nigeria of corruption.
“The real existential threat of Boko Haram no longer exists but there are pockets of suicide bombing.
“Low oil prices have freed up $15 billion in subsidy costs for Nigeria, this is a plus for Nigeria”.
This is the first participation of this administration at the Davos forum.