As global disruptions continue to redefine economic landscapes, stakeholders are seeking a decisive shift from reactive to proactive risk management.

Stakeholders are making the call ahead of the 8th Nigerian Risk Awards and Summit (NRA), set for June 4, 2026, in Lagos.

The biennial summit, themed ‘Anticipatory Governance, Risk and Foresight: Preparing Nigeria for a Resilient and Inclusive Future’, will bring together policymakers, corporate leaders, academics, and risk professionals to chart strategies for strengthening national resilience against emerging threats.

Managing Partner at Conrad Clark Nigeria, Bolanle Johnson, stressed the importance of foresight in both the public and private sectors during a virtual media briefing. She noted that risks are increasingly global, requiring organisations to anticipate disruptions rather than merely react to them.

“Risk management is not reactive; it is anticipatory. It is about looking ahead and asking what could go wrong and what could go right,” Johnson explained, adding that the NRA platform celebrates organisations that demonstrate resilience and foresight.

Programme Director, NRA, Damilola James, emphasised that the initiative goes beyond awards, catalysing national dialogue on resilience and preparedness. She revealed that this year’s edition will involve collaboration with key government institutions, including the Office of the Vice President and the Office of Preparedness and Resilience, to foster coordinated responses to emerging risks.

“Risk management is no longer optional; it is critical for national development,” James stated.

The summit will feature keynote addresses, panel discussions, training workshops, and an innovation showcase, culminating in an award ceremony that recognises excellence in governance, compliance, and risk management. Nominations opened on February 1 and will close on April 24, with winners selected through a rigorous multi-stage evaluation process.

Scheduled for June 4 at the Civic Centre, Victoria Island, Lagos, the event is expected to attract government officials, financial institutions, corporate executives, and development partners.