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Business

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Insurance

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Africa’s Economy: International Confab Holds October 22 in USA

An International Conference with the theme, Africa’s Economy: The Way Forward, is to hold at the Newark City Hall, Newark, New Jersey, United States of America (USA) on Saturday, October 22, 2022 from (9:00AM EST) (2:00 PM WAT) prompt.

The Conference, according to its organisers, Global Patriot Newspapers, is an attempt to begin a new conversation aimed at proffering fresh answers to old but still troubling questions, especially concerning why a Continent as resource rich as Africa must continue to remain the poverty capital of the world.

With Vice President Yemi Osinbajo (SAN), a pan-Africanist, who has been in the forefront of advocacy for the transformation of the Continent, as Special Guest of Honour, an array of experts cutting across different disciplines will, in a no holds barred manner, attempt to get to the roots of the seemingly unfathomable paradox of poverty in the midst of plenty that has so far remained the lot of Africa, the Mother Continent of all Blacks across the world.

Top diplomats, political leaders, captains of industry, senior government functionaries, Clerics, academics, media chiefs and others from all over the world will be part of the hybrid Conference that is to attempt to draw an economic road map for the African Continent with the aim of making the world a better place for all.

The program will hold at the iconic and historic Rotunda of the Newark City Hall on Broad Street, Newark, New Jersey, from 9:00 am (EST), 2:))pm (WAT).

Global Patriot Newspapers, according to its Publisher/Editor-in-Chief, Simon Ibe, has held two very successful Conferences in the past, the most recent being the International Conference on Patriotism, Security, Governance and National Development, focused on Nigeria, which held on Saturday, March 6, 2021, in collaboration with the Nigerian Consulate, New York, USA and Nigerians in Diaspora Organisation (NIDO), New Jersey, USA Chapter.

Last year (2021)’s Conference had Vice President Osinbajo as Keynote Speaker and Nigeria’s Permanent Representative to the United Nations and former President of the United Nations General Assembly (UNGA), Ambassador (Professor) Tijjani Mohammed-Bande as Chairman. It featured other Key Speakers such as Senator Anyim Pius Anyim, former Senate President and former Secretary to the Government of the Federation; activist lawyer, Mr. Femi Falana (SAN), former Director General of NIMASA, Dr. Dakuku Peterside, Dr. Abubakar Mohammed of the Usman Dan Fodio University, Sokoto, Professor M.J Balogun, former DG of ASCON and erstwhile Adviser to the UNGA President, among others.

The online platform’s first Conference, on Patriotism, Untapped Potentials & National Development, was held at 4Points By Sheraton Hotel, Victoria Island, Lagos on Thursday, November 23, 2017, and had as Keynote Speaker, Mr. Peter Obi, former Governor of Anambra State and current Presidential Candidate of the Labour Party in Nigeria’s upcoming 2023 General Election.

This year’s Conference on Africa’s Economy is parading an equally formidable line-up of committed pan Africanists and people of African Descent and will have participants from all over the world, all of who want remediation of the sorry situation that presently passes as the Economy of Africa.

 

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Chinese Dominance Worries Nigeria’s Textile Traders

Nafiu Badaru, a junior civil servant in northern Nigeria's biggest city Kano, doesn't make much money and it takes some cash to look good so he tends to buy Made-in-China fabric."A piece of high-quality brocade (cloth) costs around 10,000 naira ($50, 47 euros), which is way too expensive for me," he told AFP. "With the same amount of money, I can buy six pieces of cheap Chinese brocade which cost only 1,500 Naira a piece and still keep some change."The proliferation of Chinese-made textiles is a boon for consumers like Nafiu, with Kano and the wider North struggling with unemployment and economic constraints. Click here to make a lazy tweet.
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