The Nigerian Economic Summit Group (NESG) has revealed plans for its landmark 30th Nigerian Economic Summit, set to take place from October 14 to 16, 2024, at the Transcorp Hilton Hotel in Abuja.
This year’s summit, themed “Collaborative Action for Growth, Competitiveness, and Stability,” aims to tackle Nigeria’s pressing socioeconomic issues through a collaborative dialogue involving both public and private sectors. The event seeks to develop actionable strategies to address key challenges related to stability, economic growth, and inclusivity in Nigeria.
Ms. Ayanyinka Ayanlowo, Acting Head of Strategic Communication and Advocacy at NESG, highlighted the significance of the summit: “The theme reflects the crucial need for a unified approach to propel Nigeria towards a more prosperous, inclusive, and resilient future.”
The summit will be a milestone for NESG, which has played a pivotal role in Nigeria’s economic transformation over the past 30 years. Ayanlowo emphasized that this year’s event will build on NESG’s legacy of transitioning Nigeria to a more dynamic, private-sector-driven economy.
Key objectives of the summit include fostering collaboration among government agencies, businesses, civil society, and international partners. This collective action is seen as essential for addressing Nigeria’s socioeconomic challenges and creating a stable environment conducive to growth and investment.
“Stability requires synergy across all sectors,” the statement read, underscoring the need for collective effort to overcome current challenges.
The NESG also underscored Nigeria’s influential role in Africa’s economic landscape. The outcomes of the summit are expected to have a significant impact not only within Nigeria but across the continent.
“Nigeria’s performance affects regional dynamics due to its large domestic market, natural resources, and corporate influence,” Ayanlowo noted.
NES #30 will also emphasize promoting inclusive growth by identifying policies that ensure all segments of society benefit. The summit aims to address inequalities through discussions on job creation, entrepreneurship, and innovative solutions for competitiveness.
“The goal is to ensure that growth benefits all Nigerians, from urban centers to rural areas,” the statement emphasized.
Over the years, the NESG has been instrumental in driving reforms in sectors such as banking, telecommunications, and energy. The 30th edition of the summit aims to continue this tradition by outlining a clear path toward a more integrated and prosperous Nigeria.
Ayanlowo concluded, “The discussions and outcomes from NES #30 will be crucial in shaping Nigeria’s economic policies and harnessing its potential to drive continental transformation.”
