Tuesday

Okonjo-Iweala Backs Bloomberg TV Opening In Nigeria

Okonjo-Iweala backs Bloomberg TV’s operation in
Nigeria
The Minister of Finance, Dr. Ngozi Okonjo-Iweala,
has expressed her support for the recent
inauguration of the Bloomberg TV Africa in the
country.
During the North American launch of Bloomberg TV
Africa in Washington DC, Okonjo-Iweala said the
establishment of the media unit in Nigeria was a
welcome addition to the country’s growing
economy.
“This will be the first station – TV station – from
abroad to be based in Nigeria and I think you’ve
got it right,” the minister said, according to a
Bloomberg statement.
Addressing an audience of 70 delegates, who were
in Washington DC to attend the World Bank-
International Monetary Fund annual meetings, she
commended the Bloomberg Media Group for having
the foresight to base its production and
operational hub in Nigeria.
She added, “I want to say to all who are not in
Nigeria that if you’re not in Nigeria, you’re not in
Africa; so, I think Bloomberg TV has got it right.”
The Chairman, Bloomberg Media Group, Mr. Andy
Lack, expressed excitement at his organisation’s
plans for the Nigerian market.
He said, “We at Bloomberg believe in Nigeria, its
people and its role in the developing African
growth story. Our partnership with the Nigeria-
based Optima Media Group has enabled us to
develop a platform for Africa’s growing business
and financial community that will significantly
extend our presence across the continent.”
The Chairman, Optima Media Group and Vice-
Chairman of Bloomberg TV Africa, Mr. Rotimi
Pedro, said, “Bloomberg TV Africa will deliver the
highest quality news and business programming
that will empower Africans to tell their story from
their own perspectives.
“We aim to provide relevant and up-to-date
information to enable African business leaders to
make informed business and investment
decisions.”
According to the statement, the event was
attended by several personalities, including the
President, African Development Bank, Dr. Donald
Kaberuka; the Group Managing Director, UBA Plc,
Mr. Phillips Oduoza; and Managing Director,
Diamond Bank Plc, Dr. Alex Otti.
Others were Executive Director, Heritage Bank,
Mrs. Mary Akpobome, and a representative of the
Governor, Central Bank of Nigeria, Mr. Lamido
Sanusi, among others.
The North America launch of Bloomberg TV Africa
is the first in a series of launches, according to the
statement.
It said further events would be held in Kenya,
South Africa and Nigeria.
Bloomberg TV Africa is expected to begin full
operations from its Lagos hub in the first quarter
of 2014, with three to four hours of business
programming available to African viewers each
day.
http://www.punchng.com/business/money/okonjo-
iweala-backs-bloomberg-tvs-operation-in-nigeria/

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