THE 18th NIGERIAN ECONOMIC SUMMIT (NES) is scheduled to hold this year at the Transcorp Hilton Hotel, Abuja, from the 3rd – 5Th of December. This year’s discourse is “Deregulation, Cost of Governance and Nigeria’s Economic Prospects” and it promises to be interesting as usual.
The Presidential Dialogue led by President Goodluck Jonathan will continue the frank and open interaction between the highest level of political leadership in Nigeria, business leaders and the citizens; which began with NES #16.
This dialogue will provide an opportunity for the Federal Government to provide update on key elements of the Transformation Agenda, particularly its efforts at deregulation, reduction in cost of governance, infrastructure improvements and security while the private sector will provide their perspectives on the state of our nation and their practical efforts to advance Nigeria’s economic development.
Below are some of the dignitaries expected to speak at the event:
- HE, Shaukat Aziz, former Prime Minister of Pakistan
- Hon. Aminu Tambuwal, Speaker, Federal House of Representatives
- HE, Ike Ekweremadu, Deputy Senate President
- Comrade Adams Oshiomhole, Governor of Edo State
- HE, Vice Admiral Murtala Nyako, Governor, Adamawa State
- Mrs. Diezani AIlison-Madueke, Minister for Petroleum Resources
- Prof. Paul Reynolds, Global Economic Policy Institute
- Dr Ernest Ndukwe, former Vice-Chairman, Nigerian Communications Commission
- Mr Tony Elumelu, Chairman, Heirs Holdings Limited
- Dr Ayodeji Adewumi, Co-founder, Jobberman.com
You too can be a part of this forum to move our nation forward. To
register, simply send ‘NESG REGISTER’ to 20050.
For more info, visit www.nigerianeconomicsummit.org
I have always seen the NESG as a jamboree of sort used by some persons to attract government patronage.
My reasons are not far fetched. The NESG have been meeting, drawing road maps ( yet there are no new road, and the old ones have become unpassable) about Nigeria.
But we have the followings:
(1) Inflation that is increasing, and has not been tamed.
(2) Bank lends for short term only
(3) Bank interest rate at 25.5%p.a
(4) Unemployment is increasing, today P.hD are going for truck driving jobs at Dangote with pride, in a developing economy, for 20:20 industrialization. In all my years oversea, I never saw P.hD of Masters degree holders as truck drivers. May be black cabs drivers, because they have no genuine papers, bad rating, or have too much debt and ran into bad credit.
(5) Internal debt profiles are increasing, so much that governors and the FGN recourse to the Bourses to get funds for recurrent expenditure and debts payments.
(6) The special intervention funds in agric, power, aviation, end up wasted in white papers.
(7) Much money are being spent on internal security, to the detriment of real growth.
(8) News about widespread corruption is increasing unabated in he media.
(9) Many industries are not able to survive because of lack of patronage, multiple taxations, levies, rates, cost of doing business, bureaucracy and mutable policies.
(10) Budgets which seem not to have any effect on the living standard of the people and are hardly well (sufficiently) implemented.
I ask, what is NESG about all these? – pls do not mind my English, it is not my mother tongue, I have written it as I want to communicate.