Mohammed Shosanya
The Nigerian Economic Summit(NESG),says building a more secure society is a critical pillar for Nigeria’s economic future.
Acting Head, Strategic Communication & Advocacy,
NESG,Ms .Ayanyinks Ayanlawo,said this in a statement on Sunday.
She said,as Nigeria prepares for the landmark 30th Nigerian Economic Summit (NES #30), the focus on building a more secure society, a sub-theme of NES#30 emerges as a foundational pillar for economic stability and growth.
She noted that the significance of security in fostering an environment conducive to business operations, attracting foreign investments, and promoting overall societal well-being cannot be overstated.
She said: “This year’s Summit will bring together stakeholders to deliberate on strategies that address the root causes of insecurity, thereby creating a stable and prosperous future for Nigeria and the broader African continent.”
Speaking on the crucial role of security to national development,she said:”Security underpins economic stability, enabling businesses to operate without fear of disruption and attracting foreign investments.
“Addressing the root causes of insecurity, such as poverty, unemployment, and inequality, is essential for creating a stable environment for both citizens and enterprises.
“Strengthening law enforcement and judicial systems further reinforces this stability, fostering social cohesion, trust in institutions, and community resilience.
“Enhanced security promotes an environment where businesses can thrive, education can flourish, and healthcare can improve, leading to a higher quality of life for all citizens.
“It lays the foundation for sustained economic growth and development, driving Africa towards a more prosperous and stable future.”
The statement explained that NES #30 would engage stakeholders in critical discourse to address current socio-economic challenges to ensure stability; explore strategies to improve economic competitiveness; identify pragmatic policies and actions for inclusive growth and development and prioritise collaborative approaches between stakeholders for progress.
On the thematic focus of NES #30, she explained that the Summit would spotlight the theme “Collaborative Action for Growth, Competitiveness, and Stability.”
This theme, she said, underscores the importance of a secure society in achieving economic resilience and inclusive growth.
“The Summit will serve as a platform for meaningful deliberations, emphasising Nigeria’s role in driving the continent’s transformation through institutions, investment, integration, industry growth, and innovation.
“Security, as a critical component of this transformation, will be a key focus area.
“Discussions will revolve around innovative solutions to address security challenges, enhance law enforcement capabilities, and promote social and economic policies that mitigate the root causes of insecurity.
“By fostering a secure environment, Nigeria can unlock its full economic potential and lead Africa towards a more prosperous future.
“As we look forward to NES #30, the call for collaborative action remains as urgent as ever.
“Building a more secure society is not solely the responsibility of the government but requires the collective effort of all stakeholders.
“By working together, we can create an environment where security and economic prosperity go hand in hand, ensuring a brighter future for Nigeria and Africa.
“In conclusion, the 30th Nigerian Economic Summit represents a pivotal moment for Nigeria and the continent.
“By addressing security as a fundamental component of economic stability and growth, NES #30 will chart a course for a more secure, inclusive, and prosperous future.
“The deliberations and outcomes of this Summit will shape the trajectory of Nigeria’s economic development, reinforcing its position as a leader in driving Africa’s transformation.”