Business

Nigeria’s Economic Summit Opens Monday, Targets Jobs, Productivity, Shared Prosperity

Nigeria’s Economic Summit Opens Monday, Targets Jobs, Productivity, Shared Prosperity
  • PublishedOctober 25, 2026

Nigeria’s 32nd Nigerian Economic Summit opens in Abuja on Monday, October 26, with policymakers, business leaders, investors and development partners expected to deliberate on strategies for translating ongoing economic reforms into productive investment, job creation and improved living standards.

The two-day summit, organised by the Nigerian Economic Summit Group (NESG) holds at the Transcorp Hilton Hotel under the theme, “Growth that Works: Delivering Jobs, Productivity and Shared Prosperity.”

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The summit comes at a critical juncture in Nigeria’s economic reform programme, as the country seeks to consolidate macroeconomic stabilisation and ensure that the benefits of policy changes translate into tangible improvements in household welfare and business performance.

Discussions are expected to focus on how Nigeria can move beyond economic stabilisation to build a more productive, competitive and inclusive economy capable of generating jobs, attracting long-term investment and improving the welfare of citizens.

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The gathering will bring together senior government officials, captains of industry, financial sector leaders, academics and international development partners to identify practical solutions to the country’s economic challenges.

President Bola Tinubu, Vice President Kashim Shettima, members of the Federal Executive Council, state governors and leading private-sector figures are among those expected to participate.

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Key speakers listed for the summit include Deputy Secretary-General of the United Nations, Amina Mohammed; BUA Group Chairman, Abdul Samad Rabiu; and Professor Stefan Dercon of the University of Oxford.

The summit’s agenda is structured around five thematic areas: Work Nigeria, Produce Nigeria, Invest Nigeria, Scale Nigeria and Secure Nigeria, reflecting the need to connect employment generation, domestic production, investment mobilisation, subnational development and security with sustainable economic growth.

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Under the Work Nigeria track, participants will examine ways to expand productive employment and strengthen the capacity of the economy to absorb new entrants into the labour market, particularly young Nigerians.

The Produce Nigeria discussions will focus on boosting productivity, strengthening domestic industries, expanding value addition and addressing the constraints that raise the cost of doing business.

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The Invest Nigeria track is expected to examine ways to mobilise domestic and foreign capital, improve the investment climate and develop partnerships capable of financing infrastructure and productive enterprises.

Participants will also consider how states and local economies can become stronger engines of growth under the Scale Nigeria agenda, while Secure Nigeria will address the relationship between security, economic resilience and investor confidence.

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These issues are particularly significant as insecurity, infrastructure deficits, high production costs and low productivity continue to constrain businesses and limit the economy’s capacity to generate broad-based prosperity.

A statement issued by NESG noted that the 32 edition will be conducted in a modified hybrid format inline with enhanced public health measures agreed with the Nigeria Centre for Disease Control and Prevention (NCDC) and the Federal Ministry of Health and Social Welfare.

The decision follows the confirmation of a single imported case of Ebola (Bundibugyo virus) disease in the Federal Capital Territory on 20 October 2026.

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Source: Business Archives – New Telegraph

Written By
RNerve