ERGP: Nigerian Economic Summit begins October


The 23rd Nigerian Economic Summit (NES23) will hold from October 10 to 12 at the Transcorp Hilton, Abuja.
It will focus on how to grow the economy through the Economic Recovery Growth Plan (ERGP) mandate.
Speaking ahead of the summit, Minister of Budget and National Planning, Udoma Udo Udoma, said the  Federal Government would implement measures toward realising a growth target of seven per cent by 2020.
Udoma said: “The implementation of the Economic Recovery Growth Plan, ERGP is critical to achieving the ambitious goals of this government to diversify the economy and attain a growth rate of seven per cent by 2020.”
He said the summit would elicit and adopt a solution-based approach in addressing the issues that will expand opportunities, tackle unemployment and improve productivity.
“This is in line with the aspirations of the ERGP which aims at restoring and sustaining growth, investing in our people, and building a globally competitive economy. The theme is also significant, given the need to sustain the imperatives of the “Made-in-Nigeria” agenda from NES#22.
‘’This is expected to enhance the effective implementation of ERGP and also translate to improvement in living standards of the citizen,” he said.
The theme of the summit is: “Opportunities, productivity & employment: Actualising the Economic Recovery & Growth Plan”.
According to Udoma, the summit is also significant, given the need to sustain the imperatives of the “Made-in-Nigeria” agenda from NES#22.
Last year, NES#22 focused on “Made-in-Nigeria” with the aim of getting stakeholders’ commitment to the structural and fiscal changes required to diversify the Nigerian economy by placing much-needed emphasis on Made-in-Nigeria goods and services.
“It has become an annual dialogue and indeed the flagship event of the NESG providing a credible and widely recognised platform for top policymakers and corporate leaders,” he said.

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