Leaders from all walks of life gathered to analyse the innovative risks management strategies to overcome the economic challenges facing the country.
They want the Government at all levels and various organisations to explore approaches to managing risks that will help make informed decisions that will benefit the nation.
This was disclosed at the seventh Nigerian Risk Leadership Summit awards in Abuja , with the theme” Connecting Risk Resilience and Innovation for Sustainable Growth”.
Over years the Nigerian Government at all levels and various organisations have failed to implement policies that promote risk management.
But effective risk management is essential in Nigeria due to the country’s diverse and volatile business landscape as it will help navigate uncertainties , protect assets , and ensure continuity .
It will also help avoid potential pitfalls .
These experts from various sectors gathered to proffer solutions to Nigeria’s economic situation .
They urged all sectors to implore innovative approaches in handling businesses and policies.
They called on Nigerians to be positive about their country and also appealed to the Federal Government to create an enabling environment so everyone can thrive.
The group believes that if Nigeria is proactive in managing risks , it will have a meaningful impact on the lives and livelihood of citizens.
Highpoint of the event was the presentation of awards to people who have performed excellently in managing risks in their various sectors.