The Nigerian Economic Summit Group (NESG) has identified effective stakeholder collaboration as a catalyst to foster better decision-making by leveraging diverse perspectives and expertise.
NESG said this helps to promote synergy between various tiers and levels of governments and other stakeholders, leading to greater economic development and inclusivity.
The Group in a statement said the upcoming 30th Nigerian Economic Summit (NES #30) will emphasize on promoting stakeholder collaboration.
NESG said the Summit, themed “Collaborative Action for Growth, Competitiveness, and Stability,” underscores the necessity of synergizing efforts among governments, businesses, civil society, and international partners to achieve comprehensive and sustainable economic progress.
“By fostering a collaborative environment, NES #30 aims to ensure that economic policies and strategies are aligned to support long-term stability and development, ultimately leading to a resilient and thriving economy for Nigeria and the broader African continent”, the statement said.
Furthermore, NESG said stakeholder collaboration is crucial for crafting unified approaches to policy-making and infrastructure development.
“Within Nigeria, such collaboration can boost industrial growth and job creation. At a regional level, it can enhance trade and harness Africa’s vast resources and markets to achieve economic diversification.
“Engagement with global economies facilitates technology transfer, foreign investment, and the adoption of best practices.
“By working together, stakeholders can address common challenges, leverage shared opportunities, and create a resilient, competitive, and inclusive economy that benefits all Africans.
“The goal is to foster collective action and develop a unified approach to economic progress, ensuring that diverse perspectives contribute to Nigeria’s and Africa’s development agenda”,, the statement stated.
NESG revealed that the 30th Nigerian Economic Summit will be a pivotal moment, emphasizing the Summit’s critical role in providing a platform for meaningful deliberations on economic development.
The Group said the Summit will spotlight Nigeria’s significance in driving the continent’s transformation through institutions, investment, integration, industry growth, and innovation.
“The theme ‘Collaborative Action for Growth, Competitiveness, and Stability’ will catalyze discussions that mobilize leaders towards creating shared opportunities for present and future generations.
“The Summit will highlight the importance of achieving Africa’s aspirations in a new global context through bold ideas and actions with strong leadership at industry, national, regional, and global levels,” the statement added.
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