• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, June 28, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

NESG targets sustainable economic transformation

NESG

The Matters Press by The Matters Press
September 11, 2023
Reading Time: 1 min read
0
Nigeria’s fiscal pressure implodes economy – NESG

Abuja, Sept. 11, 2023: The Nigerian Economic Summit Group (NESG) has anchored its 29th summit (NESG 29) on pathways for sustainable economic transformation and inclusion.

RELATED POSTS

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

N1.5trn recapitalisation of Agric bank will herald food security – TMV

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Mr Yinka Iyinolakan, Head, Strategic Communications and Advocacy, NESG, in a statement on Sunday in Abuja, said the summit, scheduled for Oct. 23 to 24, will enhance the economic agenda setting of the government.

He said this was in line with the governments’ urgency of translating economic growth into improved and sustainable living standards for all citizens.

” This year’s summit theme hints at Nigeria’s potential for sustainable development, leveraging innovative policies, robust institutions, strategic infrastructural investments, and human capital development,” he said.

He noted the current challenges of unemployment, income disparity, and multidimensional poverty, adding that the summit would enable stakeholders’ strategies on transforming the nation’s economy.

“These challenges are worsened by an uneven allocation of resources, macroeconomic instability, and institutional deficiencies.

” Data from the National Bureau of Statistics (NBS) in 2022 revealed that approximately 62.9% of the population live in multidimensional poverty, threatening the development of a vibrant middle class.

” With population growth outpacing poverty reduction, Nigeria’s current trajectory highlights the critical need to prioritise long-term development and shared prosperity,” he said.

Iyinolakan, however, expressed optimism that the current administration’s 8-point agenda with reference to the World Bank’s forecast of an average annual economic growth rate of 2.9 per cent for the country between 2023 and 2025 will impact positively in the country.

He said: “Technological advancements and their increasing adoption offer glimpses of what can be achieved with the proper mechanisms.

” The change in political leadership also brings the opportunity for fresh ideas and the rectification of economic policies that have weakened the fiscal system.”

He, therefore, advocated constructive dialogue that incorporated the ideas of stakeholders to achieve sustainable economic development.

Tags: NESG
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

$2.5 billion JBS investment, a big economic victory for Nigeria –  TDF
Economy/Technology

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

June 27, 2025
ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 25, 2025
Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope
News

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

June 25, 2025
79 candidates for presidential election
News

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

June 23, 2025
Gombe: Troops take over to enforce peace
News

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

June 20, 2025
Next Post
UAE lifts visa ban on Nigerians, Etihad, Emirates to start operations

UAE lifts visa ban on Nigerians, Etihad, Emirates to start operations

Eswatini for $140m Afreximbank’s credit

Afreximbank urges Nigeria, businesses to drive Intra-African trade

Recommended Stories

Nigeria floats $4bn Eurobonds

DMO lists 2 Nigeria’s savings bonds for subscription

July 5, 2022
Customs generates N493.75bn in TinCan Island

Customs generates N74.29bn in MMA

November 16, 2023
CIIN president tasks Insurance directors on manpower development

Curacel raises $3m seed funding to boost insurance operation in Africa

February 15, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group
  • N1.5trn recapitalisation of Agric bank will herald food security – TMV
  • Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us