The Chairman of PANA Holdings, Dr. Daere Akobo, has praised the collaborative efforts of the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, and the Nigeria-Kazakhstan Business Council in fostering trade, investment, and economic cooperation between the two nations.
Speaking at the council’s inaugural meeting in Abuja on February 23, 2025, Akobo, representing the organized private sector, described the initiative as a transformative step toward shifting Nigeria from inherited opportunities to creating new ones, comparing it to Dubai’s economic transformation.
Ooni of Ife Commends Economic Reforms
His Imperial Majesty, the Ooni of Ife, lauded President Bola Ahmed Tinubu’s administration for implementing bold economic policies that have significantly improved Nigeria’s investment climate.
CBN Governor Highlights Forex Stability
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, represented by his Special Adviser, Tony Ogufere, emphasized the positive impact of recent monetary policies. He noted that, for the first time in 20 years, the gap between the official and parallel market exchange rates had been closed, an encouraging sign of growing investor confidence.
₦200 Billion Allocated for Agricultural Development
Minister of Agriculture and Food Security, Senator Abubakar Kyar, outlined key interventions in the sector. He highlighted President Tinubu’s prioritization of mechanization through a ₦200 billion intervention fund aimed at modernizing agriculture and enhancing food security.
Strengthening Global Economic Partnerships
The Nigeria-Kazakhstan Business Council meeting reinforced the critical role of international collaboration in driving economic and agricultural development. The event underscored Nigeria’s increasing attractiveness to global investors.
About PANA Holdings
PANA Holdings is a diversified global enterprise with a strong presence in energy, mining, power, industrial real estate, and agriculture. Committed to innovation and sustainability, the company delivers cutting-edge solutions that drive growth and set industry benchmarks.
PANA Holdings’ subsidiaries include PE Energy, Synergy E&P, AKD Digital Solutions, PANA Academy, PANA Infra, ATARAXIA, PE Goldland, AFRIKSNUS, and the Daere Akobo Foundation.
For more information, visit PANA Holdings Website.
