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Expert wants summit to galvanise economic growth, job creation

By Ngozi Egenuka
21 September 2021   |   2:56 am
Ahead of the 27th Nigerian Economic Summit (NES), a policy analyst, Ekong Idongesit, has called for the summit to focus on galvanising a renewed commitment by stakeholders

Ahead of the 27th Nigerian Economic Summit (NES), a policy analyst, Ekong Idongesit, has called for the summit to focus on galvanising a renewed commitment by stakeholders as well as to urgently and actively prioritise the pursuit of economic growth that can sustainably create jobs, lift millions out of poverty and enable Nigeria to realise its economic potential on the global stage.

Among his expectations, he said that the summit should assess the current state of the economy, economic vulnerabilities that perpetuate regression, poor performance and the risks associated with such susceptibilities as a means of enhancing a people-centred approach that will focus on economic, social, political and governance strategies, targeted at reversing emerging trends and shape a secured future of inclusive and sustainable economic growth. 

In a statement, Idongesit urged that the stakeholders should be able to Identify the vital imperatives of leveraging modern technology to accelerate significant improvements in the social, economic and security conditions in the country.

According to him, the effective functioning of all parts of the economy, the development of Nigeria’s human capital and the security of lives and properties rely significantly on the will, competence of Nigeria’s leadership and the effectiveness of its governance system and institutions.

“As a result, it is pertinent for stakeholders to identify the vulnerabilities of Nigeria’s political ecosystem to design a framework that ensures a healthy interplay of politics, governance and economic forces to achieve sustainable growth,” he said.