Osinbajo harps on Economic Growth, Others at 28th NESG

Vice President Yemi Osinbajo, says partnerships, innovative thinking and discipline on the implementation of resources are critical to driving economic growth in Nigeria.

He also want efforts to be intensified towards tackling inflation and improving domestic production for the benefit of the exchange rate, wealth creation and poverty reduction.

The Vice President was speaking at the 29th Nigerian Economic Summit in Abuja.

The twenty eighth Nigerian Economic Summit with the theme 2023 and beyond priorities for shared prosperity.

A theme conceived out of need to set an agenda for the government elected into power in next year’s general election.

It is hinged on five pillars namely Economic sustainability, visionary leadership, execution political economy and inclusive growth.

The opening plenary was on the Nigeria we want, consisting ways of creating a stable macroeconomic environment that boosts private investments towards socioeconomic inclusion, job creation and poverty reduction.

The fiscal authorities highlight existing economic reform efforts while hinting that the country’s draft agenda 2050 is in its final stage and would soon be unveiled by the president.

Participants share thoughts on areas that need critical interventions.

Discussants are focused on coming up with ideas on how the incoming government can accelerate economic growth driven by sustainable and inclusive development.

This also includes an actionable framework for the right political leadership, human capital transformation, a bottom up approach to sub-national competitiveness as well as projecting areas needing urgent attention in the coning year and beyond.

The government that emerges after the conduct of the 2023 polls is advised to prioritise issues critical to effecting the kind of change the country needs at the moment.

Talks over the next two days will center around issues including fiscal policies and transparency, addressing corruption, repositioning the capital market, Monetary policies, emerging technologies for social inclusion, agriculture, health care and sports amongst others.

The Nigerian Economic Summit is an annual conference organised by the Nigerian Economic Summit Group, a private sector-led think-tank and policy advocacy group which works to boost sustainable economic growth and the development.