Pope to Davos: Don’t Forget The Poor!

In a message read by Cardinal Peter Turkson, President of the Pontifical Council for Justice and Peace, to participants gathered at the World Economic Forum Annual Meeting in Davos, Switzerland, the Pontiff urged leaders “not to forget the poor” and to see the creation of jobs as an essential part of business leaders’ service to the common good alongside producing wealth and improving the world.

“The present moment offers the world a precious opportunity to guide and govern the transformations associated with the Fourth Industrial Revolution in a way that builds inclusive societies. However, it brings diminished opportunities for employment that also brings with it a responsibility among leaders to create jobs, tackle inequality and help solve society’s complex crisis,” said Pope Francis in his message.

On the risk that the Fourth Industrial revolution poses to labour markets, Pope Francis said:
“Clearly there is a need to create new models of doing business that, while promoting the development of advanced technologies, are also capable of using them to create dignified work for all.”

The Pope encouraged leaders to seize the opportunities that the Fourth Industrial Revolution presents:
“The World Economic Forum can become a platform for the defence and protection of creation and for the achievement of a progress which is healthier, more human, more social and more integral.”

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

WorldStage Business Forum Q2 2026: Prof. Baale Makes Case for Building World-class Nigerian Corporate Culture

L-R: Mr. Segun Adeleye, President/CEO, World Stage Limited; Prof. Lere...

Insurance Brokers Reaffirm Commitment to Local Content, Digital Innovation at SUPERNEWS Conference

Deputy President of the Nigerian Council of Registered Insurance...

Regency Alliance Insurance Launches N7bn Private Placement

Regency Alliance Insurance Plc has officially launched a private...

Nigeria’s Private Sector Launches Gender Country Program to Unlock Inclusive Growth

Senior government officials, regulators, development finance institutions and business...

SERAP Sues INEC over ‘Failure to Probe Alleged N800bn FAAC Diversion for Campaign Funding’

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit...

Topics

Verve Goodlife Promo: Santa’s Last-Minute Treat

We know you have been dreaming of Christmas, just...

Savannah Bank: Dead or Alive?

The decision of the Central Bank of Nigeria (CBN) not to appeal the judgment of Court of Appeal restoring the operating licence of Savannah Bank of Nigeria Plc opened the way for the return of the bank. It also signals the end of one of the controversial chapters in the history of banking in Nigeria. However, the N25 billion capitalisation requirement for banks has become an albatross on the neck of the bank.

MTN: $1.3bn Network Modernisation for Efficient Subscriber Experience

MTN Nigeria has commenced comprehensive network modernisation and swap-out...

Transcorp Power: N91.2bn Profit Before Tax, 38% Revenue Growth in 2025

Transcorp Power Plc, one of the power subsidiaries of...

Sterling Bank, AI in Nigeria to Launch Maiden Report on AI Adoption in Nigeria

Sterling Bank, in partnership with AI in Nigeria, unveils...

NIA’s ‘Wetin U Carry’ Campaign to Ensure Genuine Motor Insurance Cover

The Nigerian Insurers Association (NIA) has launched a campaign...

Universal Insurance Targets N20bn Premium Income in 2024

L-R: Managing Director/CEO, Universal Insurance Plc, Dr. Ben Ujoatuonu;...
spot_img

Related Articles

Popular Categories

spot_imgspot_img