Minister of Finance, Budget and National Planning Mrs Zainab Ahmed has said that the 26th upcoming Nigerian Economic Summit NES#26 will open opportunity to mobilize all Nigerians to take responsibility and catalyze a future in which sub-national economies will drive Nigeria’s sustainable economic growth, development, and competitiveness in partnership with the private sector. She made this known during the press briefing in Abuja yesterday. The Minister who insisted that the 2020 edition will be hybrid added that it a combination of physical and virtual participation in adherence to the COVID-19 protocols.
According the Minister, “It is expected that the outcome of the Summit will articulate clear and decisive actions aimed at building partnerships for resilience that will put Nigeria in a strong and competitive position among comity of nations.”
“This year’s Summit will be underpinned by three Pillars: collaboration, execution, and impact.”
“ These pillars will run through all the sessions at the Summit with a strong emphasis on reinforcing the role of sub-nationals as the frontiers of economic growth and development as we build a more inclusive and sustainable economy under the following Sub-themes.”
She also disclosed that the effective implementation of government policies enabled Nigeria to move 15 places to 131st in 2020 from 146th in 2019 position on the ease of doing business ranking of the World Bank.
“Government is also working on operational, regulatory and legislative interventions to enable the country move to the top 100 on ease of doing business ranking.”
Speaking during the occasion, Minister of State, Federal Ministry of Finance, Budget and National Planning Prince Clem Ikande Agba said that the enthusiasm and commitment demonstrated by participants is a testament to the fact that the annual summit has become part of our national life.
“It is hoped that the outcome of the Summit will further help enrich government plans in ensuring that the impact of the pandemic on the economy and the citizens is minimised.”
The 26th Summit is scheduled to hold from October 26 – 27, 2020 at the Transcorp Hilton Hotel, Abuja. The theme of the Summit is “Building Partnership for Resilience”.