Mohammed Shosanya
The Nigerian Economic Summit Group (NESG),has concluded plans to hold the National Economic Dialogue with the theme “Nigeria’s Economic Future: 25 Years of Democracy and Beyond”.
It’s scheduled for August 21, 2024 at the Shehu Musa Yar’Adua Centre in Abuja,and would address the critical challenges and opportunities facing Nigeria’s economy,Acting Head, Strategic Communication & Advocacy,NESG,Ayanyinka Ayanlowo,said in a statement on Tuesday.
The confab is also expected to set the tone for discussions at the landmark 30th Nigerian Economic Summit (NES#30) holding in October, 2024.
Ayanlowo,said since the transition to democratic governance in 1999, Nigeria has made significant strides in political inclusivity and the establishment of democratic institutions.
The statement quoted Ayanlowo,saying that:”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.
“The National Economic Dialogue aims to harness the strengths of Nigeria’s democratic framework to foster sustainable economic growth.
“By analysing 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 this event will provide actionable recommendations for policymakers and other stakeholders, guiding Nigeria towards a more prosperous and stable economic future.”
The statement further explained that 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.
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.
