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An agenda to influence future decisions

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By Nicole

The NESG has saved the Nigerian economy from economic stagnation.

Ahead of next year’s Presidential and General Elections, the thirty-six State Governors convened under the auspices of the Nigeria Governors’ Forum, (NGF) have warned that current discussions must focus on issues that will affect decisions on the country’s future. The NGF, on the other hand, has praised the Nigerian Economic Summit Group, NESG, for supporting the Nigerian Economy in reversing its downward spiral. Speaking in Abuja, where the NESG delegation was led by its DG, Mr. Laoye Jaiyeola, the Chairman of the Nigeria Governor’s Forum and Governor of Sokoto State, Rt Hon Aminu Waziri Tambuwal,

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He then applauded the past twenty-seven editions and urged them to continue to hold such discussion and debate in order to improve knowledge, productivity, and personal responsibility among Nigerians. Tambuwal, who was speaking to the group about the 2022 edition of the Summit, the twenty-eighth edition, pointed out that as the country tries to reach a structural transformation, such dialogues have become vital to define an agenda that would influence decisions on the country’s future.

The collaboration plays a huge role in assisting the economy’s recovery.

According to Abdulrazaque Bello-Barkindo, Director, Media and Public Affairs, the NGF Chairman underlined the importance of collaboration between the NGF and the NESG, stating they both play extremely powerful roles that offer value in helping heal the economy. Tambuwal, he said, expressed his full support to the Group and promised to use his position as Chairman of the NGF to rally the remaining governors to support the Summit. The NESG has invited Governor Tambuwal to share his perspective on resource restrictions in primary healthcare delivery across states, as well as issues in acquiring and managing monies for the Basic Health Care Provision Fund, BHCPF, at the subnational level.

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The event will take place on the 14th and 15th of November 2022 at the Transcorp Hilton Abuja. At various stages of the Summit, four other Governors have been invited to serve as panelists. Nasiru El Rufai of Kaduna, Inuwa Yahya of Gombe, Godwin Obaseki of Edo, and Chukuma Soludo of Anambra State are among them. Domestic resource mobilization, according to the NESG, remains one of the key drivers of fiscal viability and stability, and thus invites Soludo, as a Professor of Economics and former Central Bank Governor, to share his perspectives on strategies for mobilizing capital from within and outside Nigeria.

The governors will work with the Presidential Economic Advisory Council.

The Nigeria Governors’ Forum will convene thirty-six state governors, with the nation’s economy atop the agenda for discussion. The Governors will discuss President Muhammadu Buhari’s Executive Order extending financial autonomy to the legislature and Judiciary at the state level during the 17th NGF teleconference meeting since the emergence of the Coronavirus COVID-19 pandemic. This is explicitly stated in the invitation addressed to Governors last night by the Director-General of the Nigeria Governors’ Forum (NGF), Mr. Asishana Bayo Okauru.

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The governors will meet with the Presidential Economic Advisory Council, represented by its chairman, Bismark Rewane, to discuss state economic management, issues, opportunities, and policy solutions, according to the release. “Rewane had chaired the committee when it resolved the deadlock on Minimum Wage between states and their workers around a year ago,” said NGF Head of Media and Public Affairs Abdulrazaque Barkindo. He’ll give one of the two presentations.

The significance of human capital development.

The governor of Edo State will speak about the importance of human capital development and its multiplier effect on the economy, while the governor of Gombe will discuss new ideas to enhancing business environments, particularly for MSMEs. He will also discuss how this accomplishment can be utilized to drive capital formation/importation from within and outside the nation, while El-Rufai will discuss how the federal government can continue to play a crucial role in protecting the basic rights of all citizens in the country, particularly those further than the ability of states, and how state governments can best take on truly local problems while seated at the table of national discourse.

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