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Nigerian leader to visit Switzerland, Ethiopia on investment, regional tensions
Xinhua | January 21, 2013 09:22
By Agencies
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Nigerian President Goodluck Jonathan is expected to jet out of the country on official trips to Switzerland and Ethiopia.

While in Switzerland, the president according to his itinerary made available to Xinhua in Abuja, is to lead a drive for investment in the country.

The Geneva and Davos visit is devoted to drawing the attention of more members of the international business finance community to Nigeria's immense investment potentials.

President Jonathan will at a meeting with an Eminent Persons Group on Nigeria's Transformation Agenda in Geneva on Tuesday lead a drive to attract greater foreign expertise and capital to boost the government's efforts to rapidly modernize and positively transform Nigeria's agricultural sector.

Members of the Group include Bill Gates, former UN secretary- general Kofi Annan, President of the International Fund for Agricultural Development Kanayo Nwanze, President of the Africa Development Bank Donald Kaberuka and Chairman of the Del Monte Produce Group Mohammed Abu-Ghazaleh.

On Wednesday, the president will at attend a special session of the annual meeting of the world's leading businessmen and industrialists at the World Economic Forum in Davos aimed at

promoting new incentives for investment in Nigeria's agricultural sector targeted at attracting greater international support for the establishment of a much more successful and profitable agro- allied industry in the country.

The session will also focus on ongoing policy and institutional reforms in the sector, the establishments of staple crop processing zones and medium to long term financing options for agriculture in Nigeria.

On Thursday, President Jonathan is scheduled to host a private session with representatives of leading multinational companies under the auspices of the Business Interactive Group on Nigeria.

The President will also seize the opportunity of his participation in special sessions of the World Economic Forum titled "De-Risking Africa" and "Africa's Promise" to draw fresh global attention to the great opportunities which ongoing reforms and deregulation, privatization and commercialization of former public sector monopolies have opened up for willing investors in key sectors of the Nigerian economy such as oil and gas, power supply, communications, transportation and agriculture.

President Jonathan will meet privately with the Prime Ministers of the Netherlands and Norway, the President of Costa Rica and the Chief Executive Officers of the Huawei Technologies Company, Total and Coca-Cola Worldwide on the sidelines of the World Economic Forum.

The president is expected to leave Switzerland on Friday for the African Union Summit of Heads of State and Government in Addis Ababa, where he will confer with other African leaders on action to resolve the boundary dispute between Sudan and South Sudan as well as fresh and ongoing initiatives to restore peace, security, political stability and normalcy to Mali, Guinea-Bissau, Somalia and the Democratic Republic of Congo.

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