NESG summit to create strategies for inclusive growth, others
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The 30th edition of the Nigerian Economic Summit (NES #30) will create strategies for ensuring stability, fostering inclusive growth, and enhancing competitiveness on the continent, the Nigeria Economic Summit Group (NESG), has said.
NESG, in a statement by its Acting Head of Strategic Communication and Advocacy, Ms. Ayanyinka Ayanlowo, noted that the summit will take place from October 14-16, 2024, at the Transcorp Hilton Hotel in Abuja.
According to the statement, this milestone event will focus on the theme “Collaborative Action for Growth, Competitiveness, and Stability,” addressing the key challenges and opportunities facing Nigeria’s economy.
For three decades, NESG has played a pivotal role in shaping Nigeria’s economic landscape. As a private sector-led think tank and policy advocacy group, NESG has consistently worked to bridge the gap between the public and private sectors.
The annual summits have been instrumental in fostering dialogue, influencing policy, and driving economic reforms across various sectors.The inaugural Nigerian Economic Summit in 1993 was a response to the need for transitioning Nigeria from a state-led economic model to a private sector-driven economy.This shift has since been crucial in promoting innovation, efficiency, and competitiveness, marking significant reforms in banking, telecommunications, maritime, seaports, and energy sectors.The upcoming NES #30 will focus on the imperative of collaboration among governments, businesses, civil society, and international partners to address Nigeria’s and Africa’s socioeconomic challenges.The summit aims to create strategies for ensuring stability, fostering inclusive growth, and enhancing competitiveness on the continent.
As the most populous country in Africa, Nigeria’s economic health has a profound impact on the broader region.
The Summit will highlight Nigeria’s role in driving regional trade, investment, and economic diversification, emphasizing the importance of collaborative efforts in promoting sustainable development across Africa.
NES #30 will also address key areas such as strengthening institutions, attracting and managing investments, enhancing regional integration, promoting industrial growth, and fostering innovation to maintain global competitiveness.As the date approaches, stakeholders are called to participate actively in the discussions that will shape the future of Nigeria and the continent. Through collaboration, the Summit aims to pave the way for a brighter economic future for all Africans.
