World Economic Forum Cancels Singapore Meeting, Proposes 2022

The much anticipated Special Annual Meeting by the World Economic Forum (WEF) has been cancelled over Covid-19 fears.

The statement by WEF on the cancellation read in part:

“The World Economic Forum has been preparing a Special Annual Meeting in Singapore to take place just three months from now.
Regretfully, the tragic circumstances unfolding across geographies, an uncertain travel outlook, differing speeds of vaccination rollout and the uncertainty around new variants combine to make it impossible to realise a global meeting with business, government and civil society leaders from all over the world at the scale which was planned. This is despite the excellent support provided by the Government of Singapore.
The next Annual Meeting will instead take place in the first half of 2022. Final location and date will be determined based on an assessment of the situation later this summer.
“It was a difficult decision, particularly in view of the great interest of our partners to come together not just virtually but in person, and to contribute to a more resilient, more inclusive and more sustainable world,” said Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum. “But ultimately the health and safety of everyone concerned is our highest priority.”
We will continue to engage our increasing number of partners into our numerous work streams addressing the key issues on the global agenda through public private co-operation.”

Hot this week

GOCOP to Institute Dotun Oladipo Prize for Online Journalism

The Guild of Corporate Online Publishers (GOCOP) has announced...

Leadway Unveils Bespoke Short-Term Cover for Businesses, Visitors to Nigeria Ahead of Festive Season

L–R: Brand and Communications Manager, Leadway; Niyi Abiola, Global...

Ecobank: Driving Sale of Dangote Refinery Shares Across Africa for Retail, Institutional Investors

Ecobank is enabling the sale of Dangote Petroleum Refinery...

Ecobank, AD Consulting Unveil Nigeria’s Art, Architecture Icons in “The Convergence”

Nigeria’s leading voices in art and architecture will converge...

Benin-Asaba Expressway Concession Company Appoints Emmanuel Onwodi as COO

The Benin-Asaba Expressway Concession Company Limited (BAECC) has announced...

Topics

Polaris Bank:  Best Digital Bank in Nigeria Award for 4th Year

Polaris Bank, Nigeria’s leading digital retail commercial bank, again...

Naira Redesign: Insurers Brace for Likely Claims as Violence Spreads

  Operators in the Nigerian insurance sector are bracing up...

Examining Peter Obi’s Debate Boycott Threat

By Haniel Ukpaukure Debates involving candidates in an election are...

Emirates Rated World’s Safest Airline on the Planet

Emirates which just resumed its daily flights to Lagos,...

NCC Says It’s Not Responsible for Monitoring Social Media Content

L - R: Nafisa  Rugga, Head, Digital Media, Nigerian Communications...

CBN Refutes Misreporting on Forex Use in Oil Sector

The Central Bank of Nigeria (CBN) has noted some...

47th AIO Conference in Lagos Set for Sept 4, 2021

Mr. O. S. Thomas Commissioner for Insurance/CEO National Insurance Commission The Executive...

Stanbic IBTC Bank Clarifies Expected Credit Loss Reporting

 The Stanbic IBTC Bank Statement: It has come to our...