In view of the ongoing unrest that has taken over Nigeria, the Nigerian Economic Summit Group (NESG) and its other co-host have postponed indefinitely the 26th Nigerian Economic Summit earlier scheduled to hold from October 26-27, 2020
In a statement, the group stated that although the outcomes of the summit over the years have been significant in economic discourse, however in light of the ongoing activities, there is need to recognize the need for institutional reforms.
“In the past years, deliberations and outcomes of the Summit drove a national discourse but it is clear that holding this year’s Summit from October 26 – 27, 2020 without taking adequate cognizance and due consideration of recent developments across the country that have accentuated the need to amplify the voices of our youth for the reform of our institutions, and the improvement of governance, will be insensitive and inappropriate,” NESG said.
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While expressing regret at the unexpected turn of events and also condoling with those affected, NESG urged the federal and state governments to immediately commence the deep and comprehensive reform of Nigeria’s security institutions because it is central to the development of the economy.
“The NESG wishes to state that strong and transparent institutions determine the resilience of our economy and the effectiveness of our social justice system. The participation and effective engagement of our youth are crucial to the development and operation of our institutions. This is the only way to achieve the Nigeria of our dreams.” it stated.
