Nigeria on Wednesday pulled out of World Economic Forum on Africa in Capetown, South Africa, taking place between September 4-6 over the xenophobic attacks.
The Vice President, Prof. Yemi Osinbajo was to represent Nigeria at the World Economic forum.
A source at State House said the decision was an outcome of the meeting between President Buhari, the Vice President and Foreign Affairs Minister at Aso Rocks.
Already, Presidents Paul Kagame of Rwanda, Felix Tshisekedi of the Democratic Republic of Congo,DRC and Peter Mutharika of Malawi have all withdrawn from the event.
The source who spoke to journalists on the condition of anonymity because he was not authorized to speak on the matter also hinted that President Muhammadu Buhari may any moment recall the Nigeria High Commissioner to South Africa, Ambassador Kabiru Bala.
The move according to the source was for the government to have consultation with him over the xenophobic attacks of Nigerians in South Africa.
According to the source, Nigeria had also demanded for full compensation for the victims of the attacks.
It will also be recalled that Nigeria’s Foreign Affairs Minister, Onyeama had on Tuesday at a joint news briefing with the South African High Commissioner to Nigeria, Mr. Bobby Moroe, insisted that the victims of the xenophobic attacks should be compensated.