#NES28 Plenaries

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About #NES28

The 28th Nigerian Economic Summit (NES #28) convened national and global leaders in government, business, politics, development, civil society, and academia through a hybrid Summit platform of in-person and virtual dialogues to deliberate on the theme '2023 and Beyond: Priorities for Shared Prosperity'. As Nigeria proceeds into a transition year, stakeholders are galvanised to articulate the country's development imperatives that satisfy the need for economic security, social justice, conscientious governance, political stability and environmental sustainability with the intentional prospect of drawing lessons and insights from the past and present to set the economic policy agenda for sustainable economic development.

The Agenda

Deliberations at NES #28 was underpinned by five Pillars: Economic Sustainability, Visionary Leadership, Execution, Political Economy, and Inclusive Growth. The Summit was further designed around four sub-themes:

To achieve a peaceful, inclusive and prosperous Nigeria, it is important for stakeholders to collectively build resilience strategies that will cushion the impact of internal and external shocks on the economy. A stable macroeconomic environment that stimulates inflow of private investment, which would improve socioeconomic inclusion through formalisation of the informal sector, intensive job creation and a drastic reduction in poverty and income inequality becomes imperative
Nigeria's enormous population has a high propensity to be a liability if not adequately managed and deployed. Investing in Nigeria's future entails expanding Nigeria's capabilities to invest in critical physical, financial, digital, technological and innovation infrastructure that support the building of our most valuable asset – Nigeria’s human capital.
Evidence shows that even where a country has the appropriate legal and policy framework, the capacity to translate them to tangible, measurable and perceivable public outcomes remains essential. Strong institutions, an execution and performance-oriented culture, and core competencies to deliver prescribed mandates are critical for government's effectiveness in addressing Nigeria's issues.
The role of transformational leadership at all levels, tiers and arms of the Government of the Federation is of the highest national significance in shifting the strategic trajectory and pace of governance to confront the intractable public problems of our times.