NESG decries slow implementation of economic policies

The Nigerian Economic Summit Group (NESG) has decried the slow rate of implementing critical economic policies designed to spur economic growth.

Against this backdrop, the NESG said the upcoming 28th Nigerian Economic Summit (#NES28) will focus on identifying critical factors for effective policy implementation across all sectors.

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NESG in a statement made available to Daily Trust yesterday said Nigeria faces serious impediments to its growth and restoring higher levels of social mobility will be among the most important political, social, and economic challenges our country will face as we move into 2023.

“Already, we’ve witnessed frustration over how our perceived stagnation has the potential to destabilise our national institutions and divide our society.

“The cost of countries’ inaction on human development is rising fast. There is growing evidence that unless countries protect and invest in their people, they cannot achieve sustained, inclusive and sustainable economic growth, will not have a workforce equipped for the jobs of the future, and will not compete effectively in the global economy,” the statement read.

NESG said the 28th Nigerian Economic Summit (#NES28) with the theme “2023 and Beyond: Priorities for Shared Prosperity” will be held on the 14th and 15th of November, 2022 in Abuja.

It seeks to galvanise stakeholders to deliberate on an actionable framework for transformative political leadership and effective governance, to facilitate economic growth and nation building.