Nigeria: Moghalu appointed Academy of International Affairs fellow

Professor Kingsley Moghalu, President of the Institute for Governance and Economic Transformation (IGET) and CEO of Sogato Strategies LLC, has been honored as a fellow of the Academy of International Affairs.

At the behest of the European Union Delegation to Nigeria, Moghalu delivered a briefing on the Nigerian economy to the diplomatic missions of EU member countries at the EU Mission in Abuja on Tuesday.

Chaired by Zissimos Vergos, Deputy Head of the EU Delegation to Nigeria and ECOWAS, the briefing saw the participation of Ambassadors and senior diplomats from 19 EU countries based in Nigeria, including Austria, Belgium, Bulgaria, Czech Republic, Denmark, Finland, France, Germany, Greece, Italy, Hungary, Netherlands, Poland, Portugal, Romania, Slovakia, and Sweden. The event addressed economic reforms initiated by the administration of President Bola Tinubu and the ensuing cost of living crisis.

Professor Moghalu’s briefing, titled “Nigeria’s Economy in 2024: Prospects and Challenges”, included an independent assessment of the present inflationary trend in the economy, foreign exchange pressures, foreign investment, manufacturing and productivity, as well as steps taken by the Government of Nigeria to meet these challenges. The former Deputy Governor of the Central Bank of Nigeria also made recommendations on specific steps the EU countries can take to support Nigeria’s economic recovery. A robust dialogue between Moghalu and the European diplomats followed his briefing.

Separately, Moghalu was one of 24 distinguished Nigerians, mostly former Ministers of Foreign Affairs, retired Foreign Service Officers who served as Ambassadors, Professors of International Relations, and two retired military generals with extensive International security experience, who were inducted as Fellows of the Academy of International Affairs, Nigeria at the Academy’s official inauguration at the Ministry of Foreign Affairs in Abuja.

The Academy of International Affairs, established by former External Affairs Minister Professor Bolaji Akinyemi, is a private think tank dedicated to offering counsel to the Federal Government of Nigeria. Additionally, it aims to provide enlightenment and education to the Nigerian public, civil society, and the private sector on matters of international affairs, with the overarching goal of enhancing Nigeria’s global position.