A group of experts have identified some of the numerous economic challenges bedevilling the country and consequently seeks profound long-lasting solutions.
The Nigerian Economic Summit Group, NESG, restated that Nigeria needs to embrace realistic measures to accomplish its economic growth target and resolve the country’s security infrastructure challenges.
NESG’s Chairman, Asue Ighodalo, mentioned this during the inauguration of the joint planning committee for the 27th Nigerian Economic Summit (NES) with the theme ‘Securing our future: the fierce urgency of now.
Chairman of the NESG, Asue Ighodalo, said governments at all levels must intensify efforts to address the challenges of kidnapping, theft and other social vices, to pave the way for economic growth, job creation and poverty reduction.
Itemising the present setbacks Nigerians are struggling with, he stated issues such as the increasing level of unemployment, dwindling investments in critical sectors, insecurity, among other challenges.
He pointed out the government’s need to secure a long-term future for the country, one that guarantees citizens’ right to economic and social-political, environmental and physical safety.
He said the summit would present a platform for stakeholders to highlight Nigeria’s core socio-economic vulnerabilities and the associated risks to come up with solutions that would alleviate the vulnerabilities while exploring potential opportunities and priorities that would also accelerate economic development.