Vice President Kashim Shettima on Monday led key government and private sector leaders at the 31st Nigerian Economic Summit (NES31), as Nigeria continues to navigate a critical phase of economic reform and recovery.
The summit, held in Abuja, is themed:
“The Reform Imperative: Building a Prosperous and Inclusive Nigeria by 2030.”
In attendance were prominent figures including:
- Wale Edun, Minister of Finance and Coordinating Minister of the Economy
- Atiku Bagudu, Minister of Budget and Economic Planning
- Members of the National Assembly
- Industry leaders and development partners
- Sanusi Lamido Sanusi, Emir of Kano and former CBN Governor
The gathering reflects a growing consensus on the need for broad-based reforms to drive sustainable economic growth and inclusion.
Summit Objectives
NES31 is focused on: consolidating economic reforms already initiated by the Tinubu administration, balancing macroeconomic stability with inclusive development, encouraging collaboration between the public and private sectors and shaping Nigeria’s path toward a prosperous and equitable future by 2030.
The event offers a platform for open dialogue on reform priorities such as: Investment climate improvements, social protection, infrastructure expansion, Industrialisation and job creation and Monetary and fiscal alignment.
Context: A Reform Crossroads
The summit comes at a pivotal time as Nigeria grapples with:
- Currency depreciation
- High inflation
- Fuel subsidy removal
- Revenue shortfalls
- Rising youth unemployment
The administration’s reform agenda including fiscal consolidation, monetary tightening, and economic diversification aims to reposition the country toward long-term resilience.
The outcomes of NES31 are expected to inform medium-term policy frameworks, support private sector engagement, and reinforce Nigeria’s commitment to achieving the 2030 Agenda for Sustainable Development.
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