Mohammed Shosanya
The Nigerian Economic Summit Group(NESG) is seeking stakeholders’ collaboration for Nigeria’s economic transformation,saying effective stakeholders’ collaboration fosters better decision-making by leveraging diverse perspectives and expertise for national development.
Ms. Ayanyinka Ayanlowo,Acting Head, Strategic Communication & Advocacy, NESG,said this in a statement on Thursday.
She explained stakeholders’ collaboration helps to promote synergy between various tiers and levels of governments and other stakeholders, leading to greater economic development and inclusivity.
She said: “As the 30th Nigerian Economic Summit (NES #30) approaches, the emphasis on promoting stakeholder collaboration, a sub-theme of NES #30, resonates as a cornerstone for driving Nigeria’s and Africa’s economic stability and development.
“This pivotal Summit, themed “Collaborative Action for Growth, Competitiveness, and Stability,” underscores the necessity of synergising efforts among governments, businesses, civil society, and international partners to achieve comprehensive and sustainable economic progress.
“By fostering a collaborative environment, NES #30 aims to ensure that economic policies and strategies are aligned to support long-term stability and development, ultimately leading to a resilient and thriving economy for Nigeria and the broader African continent.
“Stakeholder collaboration is crucial for crafting unified approaches to policy-making and infrastructure development.Within Nigeria, such collaboration can boost industrial growth and job creation. At a regional level, it can enhance trade and harness Africa’s vast resources and markets to achieve economic diversification.
“Engagement with global economies facilitates technology transfer, foreign investment, and the adoption of best practices.By working together, stakeholders can address common challenges, leverage shared opportunities, and create a resilient, competitive, and inclusive economy that benefits all Africans”.
The group noted that the 30th Nigerian Economic Summit represents a critical juncture for Nigeria and Africa,adding that “By focusing on promoting stakeholder collaboration, NES #30 will chart a course for a more unified, competitive, and prosperous future.”