NESG projects more Nigerians expected to fall into the poverty trap amid rising unemployment

The Nigerian Economic Summit Group said on Friday that many Nigerians are expected to fall into the poverty trap amid rising unemployment in the country. The NESG, a private sector-led think-tank, noted in its economic report for the first quarter of 2021 that the country’s economic growth in the period[Read More…]

Bank CEOs resign from NESG board – here’s why

The chief executive officers of First Bank, Sterling Bank and United Bank for Africa (UBA) have denied claims that they were threatened to resign from the board of the Nigerian Economic Summit Group (NESG). THISDAY reports that two CEOs, who spoke on the condition of anonymity, said they resigned from the[Read More…]

COVID-19: We saved Nigeria from a food crisis, CBN replies NESG

The Central Bank of Nigeria (CBN) has said it saved Nigeria from a major food crisis during the COVID-19 lockdown. In a statement signed on Tuesday by Isaac Okorafor, the CBN director of corporate communications, the bank refuted claims by the Nigerian Economic Summit Group that its intervention programmes and[Read More…]

Nigerian Economic Summit Group warns FG against policies that encourage increased poverty

The Nigerian Economic Summit Group (NESG) has advised the federal government not to encourage policies that make Nigerians poorer. In a statement signed by Asue Ighodalo and ‘Laoye Jaiyeola, its board chairman and chief executive officer respectively, the body listed matters that needed “serious attention”. The NESG said there is[Read More…]

Let Our Best Brains Take Over Public Sector, Says Bukola Saraki

Senate President, Dr. Abubakar Bukola Saraki, on Friday said the nation should create a system which allows her best trained people who have the required capacity to take over the public sector and make it work for the entire citizenry. Saraki made the call while presenting the key note address[Read More…]

Nigerian Economic Summit Begins In Abuja, Focus On Education

PRESS RELEASE Lagos, Nigeria March 17, 2014 It’s time to focus on education: President Goodluck Jonathan; Former Goldman Sachs chairman; Jim O’Neill, Tony O. Elumelu, Sola David-Borha, and others to attend 20th Nigerian Economic Summit – #NES20 The 20th Nigerian Economic Summit holds from 18 – 20 March 2014 at[Read More…]