The Nigerian Economic Summit Group (NESG) said plans have been concluded to hold the national economic dialogue to address the critical challenges and opportunities facing Nigeria’s economy.
The pivotal event which is expected to set the tone for discussions at the landmark 30th Nigerian Economic Summit (NES#30) is scheduled to be held in October 2024, with the theme, ‘Nigeria’s Economic Future: 25 Years of Democracy and Beyond’, and it’s scheduled to hold in Abuja next month.
Ayanyinka Ayanlowo Ag. Head, Strategic Communication & Advocacy NESG said, “Since the transition to democratic governance in 1999, Nigeria has made significant strides in political inclusivity and the establishment of democratic institutions.
“Despite these advancements, the expected economic progress has been hindered by policy inconsistencies and governance challenges.
“Various economic development programmes, such as the National Economic Empowerment and Development Strategy (NEEDS) and the Economic Recovery and Growth Plan (ERGP), have been introduced, yet sustainable development remains elusive.
“Given Nigeria’s persistent economic challenges, there is an urgent need to develop a comprehensive plan to steer the country towards sustainable economic development.”
He pointed out that the National Economic Dialogue aims to harness the strengths of Nigeria’s democratic framework to foster sustainable economic growth, by analyzing the economic trajectory since 1999, exploring policy consistency, and learning from successful models like the Asian Tigers, the dialogue seeks to provide actionable recommendations for a prosperous future.
Furthermore, Ayanlowo said the dialogue is expected to chart a path for Nigeria’s economic future, leveraging democratic principles to create a conducive environment for sustainable growth and development.
According to him, the outcomes of this event will provide actionable recommendations for policymakers and other stakeholders, guiding Nigeria towards a more prosperous and stable economic future.
Some of the speakers and panellists expected to speak at the event include the Co-Chair of the National Advisory Council, NESG Faculty of Economists, Prof. Osita Ogbu; Deputy Director of Nigeria MacArthur Foundation, Dr. Amina Salihu, and Senior Director Global Government Relations for Africa Region, Procter and Gamble, Ms. Temitope Iluyemi.
The organisers said this event is by invitation/registration only and is targeted at policymakers, political leaders, corporate executives, the NESG community, and development partners.
The Nigerian Economic Summit Group (NESG) is a leading think tank and policy advocacy group committed to fostering sustainable economic growth and development in Nigeria.
Through its annual Summits, NESG provides a platform for public-private dialogue, shaping policies and strategies that drive Nigeria’s economic progress.
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