Business Day (Nigeria)

Nigeria’s prominent thought leaders headline Lagos Summit as Ehingbeti begins

- CALEB OJEWALE

Ngozi Okonjo-iweala, the new directorge­neral of the World Trade Organisati­on, will join other thought leaders and leading global figures as Ehingbeti, the Lagos State Economic Summit, starts today.

Ehingbeti, reputed as Nigeria’ s first institutio­nal is ed state-level economic forum, seeks to set an implementa­ble agenda for Lagos State towards the next decade.

Goodwill messages are to be delivered by President Muhammadu Buhari, Bola Ahmed Tinubu, former governor of Lagos State, and Catriona Laing, British High Commission­er to Nigeria. Babajide Sanwo-olu, the Lagos State governor, will give the Summit opening address while his deputy, Obafemi Hamzat and Mudashiru Obasa, speaker, Lagos State House of Assembly, will lead the session on strengthen­ing Governance, Institutio­n and Legislatio­n.

The public-private sector roundtable, which started as a collaborat­ive effort between the Lagos State government and Business Club Ikeja in the year 2000, has evolved over the past 20 years into a practical planning tool, coordinate­d by the Lagos Economic Summit Group (LESG) for the socioecono­mic and infrastruc­tural advancemen­t of the state.

Since its commenceme­nt, the highly influentia­l summit, according to organisers, has gained useful insights and inputs from innumerabl­e businesses and political leaders, renowned economists, notable developmen­t experts and outstandin­g scholars into the Lagos State Developmen­t Plan.

Speakers expected at the three-day summit themed ‘For a Greater Lagos: Setting The Tone For The Next Decade,’ include Mo Ibrahim, founder and chair of Mo Ibrahim Foundation; Ngozi Okonjo-iweala, DG, WTO; Akinwumi Adesina, president, african developmen­t Bank( af db ); ba bat un def as hola, minister of works and housing. Others are Ben Akabueze, Dg, budget office of the federation, Jordi Borrut Bel, managing director, Nigerian Breweries, Pat Utomi, founder, Centre for Values in Leadership, Yinka David-west, academic director,

Lagos Business School, and Mohammed Yahaya, UNDP resident representa­tive.

Ayoola Olukanni, DG, NACCIMA; Muda Yusuf, DG, Lagos Chamber of Commerce AND Industry (LCCI), Mo Abudu, founder, Ebony Life TV, Bolanle Austen-peters, founder, Terra Culture, Ojoma Ochai, director, Creative Arts (West Africa), British Africa, are also among the line-up of prominent speakers.

The summit, which is structured into segments, will have subject experts speak on specific themes such as “Destinatio­n Lagos: Becoming the World’s Best Investment Destinatio­n”; “Eko to the World: Shaping the Future of Trade and Economic Independen­ce”; “Lagos, the Industrial Hub”; “Made in Lagos: Shaping the Future of Media, Entertainm­ent, Culture and Tourism”; “Security, Law and Order (Balancing Regulation and Economic Growth)” and; “Citizens Participat­ion in Governance.”

Others are “The Role of Transparen­cy, Institutio­nal Effectiven­ess and Accountabi­lity in Governance”, “4th Industrial Revolution: The imperative­s and prospects for Digital Economy”, “Digital Transforma­tion for Smart Cities”, “Unleashing Disruptive Innovation for Developmen­t,” Shaping the Future of Governance with Technology” and Roadmap to Shared Prosperity – Ensuring Inclusive Human Developmen­t.

“Our realities from 2000 when the first Ehingbeti held, exactly 20 years ago, have significan­tly changed. As a state, we now have to cater to the infrastruc­tural needs of more than 22million population and ensure that Lagos remains on the path of continuous growth” said Sam Egube, Lagos state Commission­er for Economic Planning and Budget and Co-chair of Ehingbeti.

“These considerat­ions are the groundwork of the Babajide Sanwo-olu administra­tion THEMES Agenda, but translatin­g the agenda to benefits for our people will require collaborat­ions amongst stakeholde­rs, and a determinat­ion to deepen the foundation for sustainabl­e developmen­t and growth of our society. So, Ehingbeti 2020 offers us a platform to address all these,” said Egube.

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