President Bola Ahmed Tinubu is attending the 29th Nigerian Economic Summit taking place at the Transcorp Hilton Hotel, Abuja.
The event, themed “Pathways to Sustainable Economic Transformation and Inclusion”, starts today, October 23 and ends tomorrow, October 24, 2023.
Others present at the event are the Secretary to the Government of the Federation (SGF), Senator George Akume, the Minister of Budget and National Planning, Atiku Bagudu, and the Chief Executive Officer (CEO) of the Nigeria Economic Summit Group (NESG) Olaoye Jaiyeola.
Also at the summit are the Minister of State for the Federal Capital Territory (FCT), Mariya Mahmoud Bunkure, the Permanent Secretary, Federal Ministry of Budget and National Planning, Engr Nebeolisa Anako, among others.
Recall that the Federal Government and the NESG partnered and inaugurated the Joint Planning Committee (JPC) for the official commencement of the summit.
Speaking about the Summit at a press conference organised recently, the NESG boss said this time around, it will basically focus on renewed commitment and dedication on how to galvanize the economy.
He had said, “The 29th Nigerian Economic Summit is not just an annual event; it represents a call for change, a clarion call for renewed commitment, and a dedicated effort to turn our economy around for the better.
“We gather here today to justify the need for this year’s Nigerian Economic Summit. It seeks to be a pivotal turning point in our nation’s journey towards economic transformation.
“We must address the challenges head-on, engage in frank discussions, and devise innovative strategies to yield tangible results for all Nigerians.
“NES #28, themed “2023 and Beyond Priorities for Shared Prosperity”, galvanised stakeholders to articulate the country’s development imperatives that satisfy the need for economic security, social justice, conscientious governance, political stability and environmental sustainability with the intentional prospect of drawing lessons and insights from the past and present to influence the economic policy agenda.
“NES #29 will now follow up by demanding a transparent and well-thought-through economic agenda with specified implementation steps in purposeful response to the questions and recommendations thrown up at NES #28.
“During NES #28, stakeholders highlighted the importance of removing fuel subsidies and reforming Nigeria’s monetary policy. We commend the administration of President Bola Ahmed Tinubu for promptly taking decisive actions in response to these calls.
“However, it is crucial that we diligently address the potential impact of these policies on the citizens by implementing palliative initiatives and measures to alleviate any adverse effects.“