NESG to hold national dialogue on economy

The Nigerian Economic Summit Group (NESG) is set to hold a national dialogue to discuss challenges facing Nigeria’s economy as well as find long-term solutions.

According to the group, the dialogue is necessary as a wide array of socio-economic challenges that beset the

Nigerian economy has clearly shown that the country cannot rely on the business-as-usual practice and must instead embrace a more holistic approach to finding lasting solutions to the nation’s array of problems.

A statement released by the Group in Abuja yesterday noted that an urgent turnaround in policy choices and economic management is required to achieve improved socioeconomic outcomes, which is why there is no better time than now for the country to make good choices that will proffer short and long-term solutions to the current economic situation.

Part of the statement reads: “Nigeria’s critical challenges have persevered over the years with no solid political will to address them by successive administrations. Insecurity in various forms - kidnapping, banditry and manslaughter – is the order of the day in Nigeria, with negative implications for socio-economic outcomes. In light of this, there is an urgent need to have a National Economic Dialogue on how best to tackle the social menace.