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NES28 to rally stakeholders for sustainable economic growth

By Eunice Orike

Nigerian Economic Summit Group (NESG), has announced the theme for the 28th Nigerian Economic Summit which is “2023 and Beyond: Priorities for Shared Prosperity” scheduled to hold on October 24th and 25th, 2022

The theme of the summit was announced by the Minister of state, Budget and national planning, Prince Clem Agba while inaugurating the joint planning committee in Abuja recently for the 28th Nigerian Economic Summit (NES#28)

A statement by the Head, Strategic Communications and Advocacy of NESG, Yinka Iyinolakan said during the announcement of the Summit theme, the public sector was represented by the federal ministry of Finance, Budget and National Planning and the organised private sector, represented by NESG.

While welcoming participants to the event, the chairman of the NESG, Mr Asue Ighodalo, said that the annual Nigerian Economic Summits had been sustained as a public-private dialogue platform by the NESG (representing the private sector) and the Federal Ministry of Finance, Budget and National Planning (representing the Federal Government of Nigeria).

He noted that the Summit is a foremost platform through which the federal and state governments engage with corporate leaders and discuss Nigeria’s national and sub-national economic realities to co-create reform strategies that are critical for the advancement and reform of the Nigerian economy.

Mr Ighodalo stated that the vision of a secure, developed, prosperous and macro-economically stable country where the rule of law prevails and no one is left oppressed appears dimmed with today’s considerable headwinds, but the current electoral cycle offers a unique opportunity to reflect and reset.

He noted that the challenge of non-inclusive economic growth reflects low productivity across employment-elastic sectors, which continues to weaken their capacity to create more job opportunities and decent employment.

“Government has a pivotal role in jump-starting and addressing with utmost urgency six critical challenges including non-inclusive economic growth, macroeconomic instability, infrastructure deficit, human capital deficit and skills gap, national insecurity and weak economic competitiveness,” he stated.

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