• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, October 8, 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

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

Atiku’s hunger revolution, delusional – TMSG

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

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

Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

September 24, 2025
Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s hunger revolution, delusional – TMSG

September 23, 2025
‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG
Economy/Technology

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

September 22, 2025
2023 maritime, shipping outlook force experts to call for aid
Economy/Technology

Leap in non-oil exports gain of Nigeria:s economic diversification ‎

September 17, 2025
NBS reports increase in Inflation
Economy/Technology

Think Tank ‎projects 17% inflation rate by year-end, urges CBN to ease benchmark rate ‎

September 17, 2025
Old pension scheme beneficiaries get a boost in entitlements
Economy/Technology

‎GROUP LAUDS INSURANCE SCHEME FOR RETIREES IN NIGERIA. ‎

September 14, 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

Egypt’s economic strides excite AfDB

AfDB urges diversification of Nigeria’s export, revenue bases

July 11, 2023
NECA on how to address Nigeria’s economic challenges

NECA urges stoppage to proposed tariff increases

May 15, 2023
Bakers want access to foreign exchange

Bakers want access to foreign exchange

February 12, 2022

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

  • Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎
  • Atiku’s hunger revolution, delusional – TMSG
  • ‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

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