The Nigeria Economic Summit Group (NESG) summit which began on Monday and ended yesterday once again called on the need to diversify the Nigerian economy base away from oil. The Chairman, Nigeria Economic Summit Group (NESG) Board Committee on research and publication, Dr. Adedoyin Salami, made the call on Monday in Abuja at the opening of the 22nd edition of the Nigeria Economic Summit (NES 22).
“If made-in-Nigeria must succeed, it should not be the challenge of the Federal Government alone. All the 36 states of the federation and the Federal Capital territory (FCT) must have a role to play.”
Dr. Salami lamented that the country’s current economic indices were far
from ideal and stressed the need to embrace the imperatives of local
competitiveness and productiveness, as well as ability to create and add
value to the economy.
With the dynamics of oil changing as a result of global forces and the
recent development in shale oil exploration by some of Nigeria’s biggest
crude destinations, the imperative to strengthen already known markets
like agriculture, manufacturing and technology has become a front burner
for the government.
NES22 also featured breakout sessions that covered ICT, Innovation,
MSMEs, Services, Manufacturing, Agro Processing and the Creative
Industry. Each session was geared towards providing suggestions which
would be presented by NESG to the government as way to drive each
topic’s or sectors contribution to the Nigerian ‘Made in Nigeria’
policy.
Here are highlights from Day 1:
https://youtu.be/JbVBdGQL7ro
The summit ended by offering strategies the government can employ and
suggested that government should create tech hubs in various states with
necessary infrastructures to enable them to operate and function
effectively. The summary document was presented to the President who was
represented by Senator Udo Udoma, Minister for Budget and National
Planning.
More photos below...
More photos below...
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