FG inaugurates committee for 32nd Nigerian Economic Summit

The Federal Ministry of Budget and Economic Planning (FMBEP) and the organised private sector, represented by the Nigerian Economic Summit Group (NESG), inaugurated the Joint Planning Committee (JPC) for the 32nd Nigerian Economic Summit (NES #32), marking the formal commencement of preparations for the upcoming Summit.

Speaking at the event, the Minister of State for Budget and Economic Planning, Dr. Doris Uzoma-Anite, represented by the Permanent Secretary, Dr. Deborah Bako Udoh, underscored the critical role of effective public-private collaboration in driving economic growth, innovation, and sustainable development.

She described the Nigerian Economic Summit as a compelling example of what can be achieved when both sectors align around a shared national vision.

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She also announced that NES #32 will take place from 26–27 October 2026 at the Transcorp Hilton Hotel, Abuja.

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Dr. Udoh noted that members of the JPC were carefully selected based on their expertise and commitment to national development.

She outlined the Committee’s mandate to review outcomes from previous Summits, develop the programme and timelines for NES #32, articulate budgetary requirements, mobilise stakeholders across sectors and development partners, and coordinate the production of the Summit’s Green Book to ensure clear and actionable policy recommendations.

In his remarks, the Chief Executive Officer of NESG, Dr. Tayo Aduloju, stated that the inauguration of the JPC marks a critical step in shaping the Summit’s agenda and outcomes.

He reaffirmed the Summit’s role as a credible platform for fostering consensus, strengthening public-private dialogue, and advancing Nigeria’s economic reform priorities.

He further highlighted the urgency of addressing key economic challenges, including slow growth, rising cost of living, unemployment, and widening inequality, noting that NES #32 presents an opportunity to deepen reforms and drive inclusive growth.

The Co-Chairs of the JPC from both the public and private sectors also expressed their commitment to delivering a successful Summit, emphasising the importance of collaboration, innovation, and timely execution.