Chairman of the Nigerian Economic Summit Group (NESG), Niyi Yusuf, has highlighted the severe economic pressures facing Nigerian businesses and citizens, citing rising costs, inflation, and a sluggish economy.
Speaking on Friday during a press conference heralding the commencement of the 30th Nigerian Economic Summit, Mr Yusuf painted a picture of the country’s economic struggles, underscoring the urgency for reforms and collaborative efforts to alleviate the situation.
The summit, themed, “Collaborative Action for Growth, Competitiveness, and Stability,” is expected to focus on bringing together experts from government, business, and civil society to devise actionable strategies aimed at reversing the current economic trajectory.
It is scheduled to take place in October 2024 and is expected to provide a platform for dialogue on critical issues, including security, human capital development, and the need for regulatory reforms to foster a more competitive business…