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

NAICOM, Ghana’s NIC Strengthen Regional Integration, Drive Insurance Innovation

L-R: Dr. Abiba Zakariah; Commissioner for Insurance, National Insurance...

NCC, CAC Inform Telecom Stakeholders of New Ownership Structure Requirements

The Nigerian Communications Commission (NCC) and the Corporate Affairs...

NCC Appoints Princess Oforitsenere Emiko as Interim Chairman of Digital Bridge Institute Governing Board

The Board of the Nigerian Communications Commission (NCC) has...

Topics

NAICOM, CIIN, Youth Min Sign MoU to Train 1m Youths on Insurance

From left: Dr. Usman Jankara (Dep. Commissioner for Insurance,...

Ecobank, Access, BOI Nominated for 2019 African Banker Awards

Nominees for the 2019 African Banker Awards have been...

Stanbic IBTC: Celebrating Impressive Gender Equity Scorecard

  Recently, Stanbic IBTC Holdings PLC announced the promotions of...

CBN Revokes Licence of Heritage Bank over Financial Incompetence

The Central Bank of Nigeria (CBN), in accordance with...

Post No Debit: “Dead” Customer Recants, Thanks Polaris Bank for Protecting His Funds

A Polaris Bank customer Mr. Anthony Olasele on Thursday,...

CBN Liquidates Aso Savings and Loans, Union Homes Savings and Loans 

As part of its efforts to re-position the mortgage...

Northwest: The Lion’s Share of Tinubu’s Projects

By Tanimu Yakubu Director-General Budget Office of the Federation The Lagos Illusion The...

Private Musing About Power Supply in Nigeria

By Elvis Eromosele In a world of 3D printing and...