FG inaugurates joint committee for 30th Nigerian economic summit

The Federal Ministry of Budget and Economic Planning and the organised private sector, represented by the Nigerian Economic Summit Group (NESG), Tuesday in Abuja, inaugurated the Joint Planning Committee (JPC) for the 30th Nigerian Economic Summit (NES#30)

While inaugurating the committee, the Minister of Budget and Economic Planning, Sen Atiku Bagudu, noted that the key outcomes of the annual summit had always played important roles in shaping the policies of the government.

The minister, who was represented by the Permanent Secretary of the ministry, Engr Nebeolisa Anako, said, “The summit had in the past contributed to entrenching the culture of development planning in the country. Most recently the partnership helped in no small measure in the development of the National Development Plan (NDP) 2021-2025; the Nigeria Agenda 2050 and provided invaluable policy recommendations for the government.”

He announced the theme of the #NES30 to be: “Collaborative Action for Growth, Competitiveness and Stability”, scheduled to hold between 14th and 16th of October, 2024, adding that, “The summit will catalyse discussions aimed at mobilising leaders to address pressing economic realities, just as the focus will be on navigating uncertainties and turbulence and fostering an environment that encourages innovation, diversification and sustainable development.”

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Also speaking, the Vice Chairman of NESG and Chairman of the NES#30 Anniversary Committee, Mr Omoboyede Olusanya, said that the inauguration of the NES#30 Joint Planning Committee marked the official commencement of preparations for the 30th Nigerian Economic Summit and that the summit had consistently provided a reputable and widely recognised platform for fostering consensus and mutual understanding on the country’s economic policy trajectory and growth strategies.

Mr Olusanya added that: “The 30th anniversary presents an opportunity to reflect on a legacy that has played a critical role in promoting Nigeria’s transition to a private sector-led economy and that the journey of strategic innovation and steadfast collaboration is vital for Nigeria’s continued economic development.”