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2015 Nigerian Economic Summit Begins In Abuja


The 21st Nigerian Economic Summit (NES#21) on Tuesday October 13, kicked-off at the Transcorp Hilton Hotel, Abuja.
The major objective of the annual summit is to create enabling environment that is conducive for good governance, responsive private sector investment and sustainable economic growth and development of the Nigerian economy. In that regard, the Summit brings together chief executives/top level operators from the private sector and very senior Government officials to discuss how best to develop the Nigerian economy and monitor the implementation of government policies, programmes and projects. The Summit focuses on developing the short to medium term policy direction for the country that are in line with national interest taking cognizance of the evolving global economy.
Recommendations made by the NES usually become part of Government Policy upon presentation of same to the Federal Executive Council by the Honourable Minister for National planning. The Summit process is therefore one of the significant drivers for the evolution of many of the reform initiatives that the Government has largely accepted and have been gradually implementing over the years. It has provided an entrenched platform for dialogue and collaboration between the public and private sectors and, indeed, among the various stakeholders in the development of the Nigerian economy.
This year’s summit themed: “Tough Choices: Achieving Competitiveness, Inclusive Growth and Sustainability,” is to focus on tracking corruption, insecurity and good governance.
Giving the present economic reality in the country, the summit inaugurated in 1993 through policy dialogue and stakeholders collaboration is expected to attain a lasting solution to the present economic challenge.
Vice President Yemi Osinbajo among the dignitaries present at the summit.

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