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Pressing economic issues should be the focus of Nigerian Economic Summit, says VP Osinbajo

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THE Vice President of Nigeria, Professor Yemi Osinbajo, SAN, has intimated the private and public sector stakeholders to consider pressing national issues as their main objectives as they begin the annual Nigerian Economic Summit next week.

VP Osinbajo disclosed this on Tuesday while receiving delegates of the Nigerian Economic Summit Group (NESG) at the Presidential Villa in Abuja.

Prof Osinbajo noted that “Sometimes we talk about a lot of important things, but there are pressing, immediate things with significance for the future.”

The delegates from the NESG team also shared with the vice president, the agenda and theme of the 28th Nigerian Economic Summit (NES), which is ‘2023 and Beyond: Priorities for Shared Prosperity’, which is billed to commence on Monday, 14th to Tuesday, 15th of November, 2022.

Expressing his concerns over the pressing national issues, VP Osinbajo stressed that: “I am always concerned we don’t allow very many issues to obscure the more important issues that confront us today so that we leave the Summit with a clearer view on how we can resolve the pressing issues.”

He also that “for example, how do we tackle the rising inflation and the exchange rate instability? I really think we should spend more time focusing on the primary issues of inflation and exchange rate control.”

“It is very important to always note what you (private sector experts) think are the main concerns today especially about macroeconomics and how to deal with the issues. What the private sector thinks about how we can resolve some of these issues is important.”

Prof Osinbajo also commended the pivotal quotas that have been contributed by the NESG towards the development of the nation over the years.

In his words: “I strongly believe in the objectives of the NESG, it has contributed a lot to how the public sector thinks through policies and has provided that forum for public sector accountability.”

“The NESG has also been very useful in educating the private sector about the processes of running a complex system such as the one that we have. It has been a very useful synergy between the public and the private sector,” VP Osinbajo said.

The chairman of the NESG Board, Mr Asue Ighodalo, while delivering his speech thanked VP Osinbajo for his coordination and supports over the years, adding that he has done a fantastic job.

The 28th edition of the National Economic Summit will have President Muhammadu Buhari, Vice President Yemi Osinbajo, and other key leaders from the private and public sectors of the country, sharing vital thoughts on how to visionary leadership, economic growth and other related topics.

Tags: National Economic SummitYemi Osinbajo
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