NESG, Budget Ministry Inaugurates Joint Planning Committee


The Federal Ministry of Budget and National Planning (FMBNP), and the Organised Private Sector, represented by the Nigerian Economic Summit Group (NESG) have inaugurated the Joint Planning Committee (JPC) for the 30th Nigerian Economic Summit (NES#30).

While welcoming participants to the event in Abuja, the Vice Chairman of the NESG and Chairman of the #NES30 Anniversary Committee, Mr Omoboyede Olusanya, said that the inauguration of the #NES30 Joint Planning Committee marks the official commencement of preparations for the 30th Nigerian Economic Summit and that the Summit has consistently provided a reputable and widely recognised platform for fostering consensus and mutual understanding on the country’s economic policy trajectory and growth strategies.

He also stated that members of the JPC were carefully selected in terms of interest in the development of the nation and are expected to review the outcomes of #NES29, make preparations for the hosting of #NES30, develop a program of events and timelines, articulate budgetary requirements and propose an optimal strategy for funding.

He further noted that the JPC will also mobilise the public and private Sector at state, local government and development partners for the Summit and is expected to prepare and deliver the green book within three months.

Navigating uncertainties

The theme of #NES30 is “Collaborative Action for Growth, Competitiveness, and Stability,” and it is scheduled to hold between the 14th to 16th of October, 2024. The Summit will catalyse discussions aimed at mobilising leaders to address pressing economic realities.

The focus will be on navigating uncertainties and turbulence and fostering an environment that encourages innovation, diversification, and sustainable development.

Flagship event

The first Nigerian Economic Summit (#NES1) was held from February 18-20, 1993. Participants at #NES1 concluded that it is imperative for the private sector to dialogue and cooperate with the public sector continuously.

Since that first Summit, the Nigerian Economic Summit Group, a private sector think-tank and nonprofit organisation, has organised the Annual Nigerian Economic Summit in partnership with the Federal Government of Nigeria. The NES has become an annual dialogue and, indeed, the flagship event of government and business.

The Nigerian Economic Summit has provided a credible and widely recognised platform for forging understanding and consensus on the national economic policy direction and growth strategies. Over the past 30 years, national and global policymakers and business leaders have acknowledged that the annual NES is the premier platform for public-private dialogue in Nigeria. Akintonde

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