By Tony Obiechina, Abuja
The Nigerian Economic Summit Group (NESG) is scheduled to hold a National Economic Dialogue aimed at chating the course for Nigeria’s economic future.
The Dialogue with the theme “Nigeria’s Economic Future: 25 Years of Democracy and Beyond,” is slated for Wednesday, August 21, 2024 at the Shehu Musa Yar’Adua Centre in Abuja.
According to a statement by Ayanyinka Ayanlowo, Acting Head, Strategic Communication & Advocacy of NESG, the event will address the critical challenges and opportunities facing Nigeria’s economy. It is expected to set the tone for discussions at the landmark 30th Nigerian Economic Summit (NES#30) holding in October, 2024.
The statement explained that 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 programs, 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. 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, 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.
The outcomes of the event will provide actionable recommendations for policymakers and other stakeholders, guiding Nigeria towards a more prosperous and stable economic future. READ ALSO:
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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 on Nigeria MacArthur Foundation, Dr. Amina Salihu and Senior Director Global Government Relations for Africa Region, Procter and Gamble, Ms. Temitope Iluyemi.
This event, according to the organisers, is targeted at policymakers, political leaders, corporate executives, the NESG community, and development partners, is strictly by invitation.
