NESG Radio: Recent Episodes
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The Nigerian Economic Summit Group (NESG) is Nigeria’s foremost private sector-led think-tank and policy advocacy institution.
At the NESG, our work in providing fact-based advocacy has allowed us to prioritize and use our voice to encourage different actors to come together to dialogue on critical socio-economic issues. Only through conversations, interventions, and innovation will we change the landscape in Nigeria and across Africa.
Nevertheless, only a well-informed and united people make a great nation. Millions of Nigeria’s vibrant and talented 200 million population, do not effectively speak, understand or write English. The ones that do may be saturated with misinformation in this current digital world.
The NESG Radio is a traditionally syndicated podcast that will effectively inform our people with curated localized content. Our weekly podcasts will help communicate critical information such as economic policies, ideas, health information, trends, and interventions to Nigerians.
The Reform Imperative is Here! From October 6th–8th, 2025, leaders from government, business, and civil society will gather at the 31st Nigerian Economic Summit to chart a bold course for our nation’s future. Under the theme “The Reform Imperative: Building a Prosperous and Inclusive Nigeria by 2030”, we will tackle critical priorities: ✅ Driving Industrialisation-led Growth ✅ Building Infrastructure for Competitiveness ✅ Advancing Inclusion for Shared Growth ✅ Strengthening Institutions for Sustainable Impact ✅ Unlocking Investment amid Global Trade Shifts Join us at Transcorp Hilton, Abuja or virtually to be part of this transformative journey. Register to attend: nesgroup.org/31 #NES31 #NESG #ReformImperative #Nigeria2030 #InclusiveGrowth
The Reform Imperative is Here! From October 6th–8th, 2025, leaders from government, business, and civil society will gather at the 31st Nigerian Economic Summit to chart a bold course for our nation’s future. Under the theme “The Reform Imperative: Building a Prosperous and Inclusive Nigeria by 2030”, we will tackle critical priorities: ✅ Driving Industrialisation-led Growth ✅ Building Infrastructure for Competitiveness ✅ Advancing Inclusion for Shared Growth ✅ Strengthening Institutions for Sustainable Impact ✅ Unlocking Investment amid Global Trade Shifts Join us at Transcorp Hilton, Abuja or virtually to be part of this transformative journey. Register to attend: nesgroup.org/31 #NES31 #NESG #ReformImperative #Nigeria2030 #InclusiveGrowth
International Youth Day (August 12) provides an annual opportunity to recognize the potential, innovation, and leadership of young people in shaping a better future. The 2025 theme, “Youth Empowerment for a Sustainable Future,” calls attention to the role of youth in achieving the Sustainable Development Goals (SDGs)—from climate action and inclusive governance to digital innovation and economic equity. With a growing youth population, Nigeria stands at a critical juncture. Young people are not only the most affected by environmental degradation, economic uncertainty, and social instability—they are also the most equipped to lead change. Across the country, youth are launching climate movements, building civic tech tools, creating green enterprises, and advocating for inclusive policies. This podcast brings together thought leaders from the Youth Community of Practice (CoP) to explore: · What true youth empowerment looks like in Nigeria today, · How young people are advancing sustainability across sectors, and · What systems and policy shifts are needed to accelerate youth-driven impact. By drawing insights from the areas of climate action, governance, and digital empowerment, the discussion will highlight cross-sectoral approaches for unlocking the full potential of Nigeria’s youth.
World Youth Skills Day, observed annually on July 15, is a United Nations initiative aimed at celebrating the importance of equipping young people with skills for employment, decent work, and entrepreneurship. The 2025 theme, “Youth Empowerment through AI and Digital Skills,” underscores the urgent need to prepare youth for a fast-evolving, technology-driven future. In Nigeria, where over 60% of the population is under 25, AI and digital technology offer transformative potential. From education to health, agriculture to governance, digital tools are rapidly reshaping how services are delivered and how young people live, learn, and work. Yet, this transformation also comes with growing concerns around digital inequality, unemployment, and the skills gap between the demands of the global economy and the training many young Nigerians currently receive. World Youth Skills Day 2025 emphasizes the growing need for young people to acquire future-ready skills—especially in artificial intelligence (AI) and digital technology—to thrive in the 21st-century economy. As the nature of work continues to evolve, digital transformation presents both a challenge and an opportunity for youth empowerment, especially in developing economies like Nigeria. As AI tools become more embedded in daily life—through automation, data analytics, and digital platforms—young people must not only be users, but also creators, innovators, and ethical leaders in the space. However, the reality is that many Nigerian youth lack access to quality training, internet infrastructure, or supportive ecosystems to fully benefit from these shifts. This podcast provides a platform to reflect on: •The current state of youth digital readiness in Nigeria, •The potential of AI and digital skills to drive inclusion, productivity, and innovation, •And the collaborative efforts needed from policymakers, educators, private sector, and youth themselves to close the digital divide.
Today is World MSME Day 2025! Micro, Small, and Medium Enterprises (MSMEs) are the engine of Nigeria’s economy. Yet, many MSMEs still grapple with barriers like limited access to finance, inadequate infrastructure, weak market connections, and low digital inclusion. To commemorate the #MSMEDay2025, we’re spotlighting a special podcast discussion focused on how we can build stronger linkages between MSMEs, support institutions, and market players. This conversation dives into practical strategies and frameworks to better connect entrepreneurs across sectors, regions, and value chains — with the ultimate goal of driving sustainable growth, innovation, and resilience. 🎧 Tune in and be part of the movement to empower Nigeria’s MSMEs! #WorldMSMEDay #MSMEs #Entrepreneurship #InclusiveGrowth #NigeriaEconomy #NESG
Nigeria stands at a demographic crossroads, with its youthful population offering both a tremendous opportunity and a potential challenge. As the nation’s population continues to grow rapidly, the need for evidence-based planning has never been more urgent. Youth unemployment, skills mismatch, and limited access to economic opportunities are persistent issues. However, with effective population planning, these challenges can be transformed into a demographic dividend. This podcast episode seeks to explore how population data and planning can drive smarter, evidence-based employment strategies and inclusive development policies. It will delve into the critical role of data-driven decision-making in aligning population trends with job creation, education, entrepreneurship, and youth empowerment programs. Objectives: •To highlight the connection between population dynamics and national development. •To discuss how youth-focused policies can be better designed using population data. •To explore innovative approaches to employment creation that are aligned with Nigeria’s demographic realities.
Today is World MSME Day 2025! Micro, Small, and Medium Enterprises (MSMEs) are the engine of Nigeria’s economy. Yet, many MSMEs still grapple with barriers like limited access to finance, inadequate infrastructure, weak market connections, and low digital inclusion. To commemorate the #MSMEDay2025, we’re spotlighting a special podcast discussion focused on how we can build stronger linkages between MSMEs, support institutions, and market players. This conversation dives into practical strategies and frameworks to better connect entrepreneurs across sectors, regions, and value chains — with the ultimate goal of driving sustainable growth, innovation, and resilience. 🎧 Tune in and be part of the movement to empower Nigeria’s MSMEs! #WorldMSMEDay #MSMEs #Entrepreneurship #InclusiveGrowth #NigeriaEconomy #NESG
Food safety is a public health and development priority. This year’s theme “Food Safety: Science in Action” highlights the urgent need to strengthen food systems through research, innovation, and science-based regulation. On this episode, we speak with Nicholas Alifa, PhD Researcher in Food Science at the University of Reading, on the role of science in building safer, more resilient food systems. Moderated by Stephen Daniel, Senior Associate, Think Tank Operations, NESG
This World Environment Day 2025, we’re confronting a growing crisis. Plastic waste is choking our cities, polluting our waters, and threatening public health. To mark the 2025 campaign themed “Ending Plastic Pollution”, the Nigerian Economic Summit Group (NESG) brings you a special podcast episode featuring a powerful conversation on solutions for Nigeria. Engr. Nyananso Ekanem and Dr. Femi Idowu-Adegoke unpack the scale of the problem and explore bold strategies for change — from policy to innovation — in a session moderated by Stephen Daniel.
The Nigerian Economic Summit Group (NESG) and Stanbic IBTC released the March 2025 edition of the monthly Business Confidence Monitor Report. This report provides vital insights into the current business climate in Nigeria, including the levels of optimism, challenges, and economic indicators influencing business operations. As a key gauge of the private sector’s perception of the economy, the Business Confidence Monitor offers an invaluable lens through which businesses, policymakers, and investors can assess current conditions and anticipate future trends. Businesses in Nigeria reported a sustained positive business for the third consecutive month in 2025, signalling favourable business conditions in the year. As a result, the current Business Performance Index for March 2025 stands at +6.58, a weakly positive business performance and a slight decline compared to +11.50 points in February 2025. Although not the top challenge this month, the high cost of commercial lease/rental property remains among the top three business challenges in the last two months. Other top-ranking business challenges include inadequate power supply, limited access to financing, and economic uncertainties.
In alignment with the World Health Day 2025 theme—Healthy Beginnings, Hopeful Futures—our new podcast episode, Healthy Beginnings, Hopeful Futures: Ending Preventable Maternal and Newborn Deaths, is now live! Tune in as we spotlight the urgent need for governments and the global health community to intensify efforts to end preventable maternal and newborn deaths while prioritising women's long-term health and well-being. 🎧 Key discussion areas include: • The State of Maternal and Newborn Health in Nigeria • Access to Quality Care and Health System Strengthening • Equity, Community Engagement, and Cultural Barriers • Innovation, Data, and Accountability Featuring esteemed health sector experts, this powerful discussion offers valuable insights into the challenges, policy recommendations, and innovative strategies shaping the future of maternal and newborn health in Nigeria and beyond.
With Africa’s energy transition in full swing, strategic alliances are more important than ever. How can Belgium’s expertise and investments shape Nigeria’s energy landscape? What opportunities and challenges lie ahead? Join Francis Jakpor as he speaks with Thomas De Beule, Head of the Bilateral Section for Nigeria at the Chamber of Commerce, Industry, and Agriculture for Belgium, Luxembourg, Africa, the Caribbean, and the Pacific. The insights could redefine energy collaboration—don’t miss it!
The 2025 World Water Day focuses on Glacier Preservation, highlighting the urgent need to protect the world’s glaciers, which are melting at an alarming rate due to climate change. Glaciers serve as critical freshwater reserves, regulating water availability for millions of people and supporting ecosystems worldwide. They play critical role in sustaining water supplies and maintaining ecosystem stability. However, glaciers are melting faster than ever due to climate change, leading to unpredictable water cycles and extreme events such as floods, droughts, and sea-level rise. The rapid loss of glaciers also disrupts water cycles, increases natural disasters, and threatens water security globally Consequently, the 2025 observance emphasizes the urgent need for global action to manage meltwater sustainably, reduce greenhouse gas emissions, ensure long-term water security, reduce climate risks, and preserve natural ecosystems – aiming to protect communities and ecosystems dependent on these vital water resources. On this episode of #NESGRadio, we discussed the topic of World Water Day with Engineer Ekanem and Pedi Obani, PhD.
In this special edition of the NESG podcast, we explore the critical role of the Nigerian Economic Summit Group (NESG) in accelerating action toward gender-inclusive growth in Nigeria. As Africa’s leading think tank, NESG has been at the forefront of economic transformation for over 30 years, driving strategic reforms, policy advocacy, and institutional strengthening. This episode highlights NESG’s efforts in championing gender inclusivity across key sectors, focusing on: 🔹 Workforce Management 🔹 Corporate Governance 🔹 Gender Policy 🔹 Legislative Advocacy Featuring insights from esteemed NESG leaders, this conversation delves into how gender equity is being integrated into Nigeria’s economic and policy landscape, fostering meaningful and sustainable change. Tune in to be part of the movement toward a more inclusive future!
The Nigerian Meteorological Agency has issued a heat stress warning following a surge in temperatures across the country, with several states experiencing extreme heat conditions. This podcast aims to delve into the underlying causes of heatwaves, their connection to climate change, and practical steps individuals and communities can take to mitigate their effects. Abbas Agbaje provides expert insights and guidance on understanding climate change in the Nigerian context and offers actionable advice on how listeners can adapt to and cope with rising temperatures.
Can Nigeria Reverse Its Carbon Footprint? Fossil fuels power our economy, but at what cost? Engr. Chibueze Ekeh, CEO of CEESOLAR Energy Limited, joins Francis Jakpor, ANIPR to discuss Nigeria’s clean #energytransition and the road to net zero by 2060.
The 2025 Macroeconomic Outlook by the Nigerian Economic Summit Group (NESG), themed "Stabilisation in Transition: Rethinking Reform Strategies for 2025 and Beyond," offers a roadmap for navigating Nigeria's economic landscape amidst shifting global and local dynamics. This podcast aims to dissect the report, engaging experts to explore the key takeaways, opportunities, and challenges for stakeholders across sectors.
Global health experts are on high alert with a new COVID-19 strain emerging and rising concerns about the Marburg virus. But how prepared is Nigeria to tackle these threats? Join Dr. Ayodele Cole Benson in a deep dive with Sheriff Aderibigbe as they examine Nigeria’s readiness, response strategies, and the policies in place to prevent a crisis.
In 2025, millions of rural Nigerians still lack reliable electricity, limiting growth and development opportunities. But clean energy solutions such as mini-grids are transforming the landscape. In this interview with Sheriff Aderibigbe, the Managing Director of Nigeria’s Rural Electrification Agency (REA), Mr Abba Abubakar Aliyu, shares how the Agency is combating energy poverty and unlocking the potential of rural communities across the country. Discover how innovation is lighting the way to a brighter future!
Despite the Abuja Electricity Distribution Company's (AEDC) strides in upgrading power infrastructure and sensitising customers, frequent outages continue to affect businesses and daily life in the FCT. Why does this persist? AEDC MD, Chijioke Okwuokenye, sits with Francis Jakpor to uncover the challenges and chart a path towards sustainable electricity supply for Abuja.
The International Day of Clean Energy serves as a global platform to emphasise the critical role of clean energy in combating climate change, fostering sustainable development, and improving energy access. As the world faces the dual challenges of environmental degradation and energy poverty, transitioning to clean and renewable energy sources has become a top priority. This year's observance comes at a pivotal time when technological advancements, policy initiatives, and grassroots movements are driving progress, yet significant barriers remain. In Nigeria, the clean energy landscape presents both opportunities and hurdles. While renewable energy sources such as solar, wind, and hydro hold immense potential, issues like inadequate infrastructure, limited financing options, and policy gaps often impede progress. Moreover, public awareness about the benefits of clean energy and its role in building a sustainable future remains relatively low. This conversation aims to highlight the importance of clean energy, discuss actionable solutions to existing challenges, and inspire listeners to participate in the global clean energy transition. By engaging experts, we hope to foster a meaningful dialogue that drives awareness and action.
The 2025 International Day of Education, under the theme “AI and Education: Preserving Human Agency in a World of Automation,” focuses on the intersection of education and technological advancement. This year’s observance highlights the transformative power of education in equipping individuals and communities with the tools to navigate, understand, and shape a rapidly evolving digital landscape dominated by artificial intelligence (AI) and automation. As AI-driven systems become increasingly integrated into daily life, questions arise about the balance between human agency and machine-driven decision-making. The theme encourages reflection on how education can preserve and redefine human intention and creativity in the face of technological acceleration. Education plays a critical role in fostering the skills and values necessary to adapt to these changes. Beyond technical expertise, it must also instill critical thinking, ethical reasoning, and adaptability, ensuring that technology serves humanity rather than diminishes it. This International Day of Education provides an opportunity to celebrate achievements in global education while advocating for the reforms needed to ensure education systems remain relevant and inclusive in the digital age. It calls for policymakers, educators, and communities to work together to create a future where education not only prepares individuals for an AI-driven world but also empowers them to maintain agency and humanity within it.
International Volunteer Day is celebrated globally on December 5 to recognise and appreciate the invaluable work of volunteers across the globe. The International Volunteer Day highlights the contributions of volunteers in addressing societal challenges, promoting peace and sustainable development, and advancing human rights. The theme for 2024 is “Volunteer for an Inclusive Future," which aligns with the mission of the Nigerian Economic Summit Group (NESG), which is focused on promoting and championing the reform of the Nigerian economy into an open, inclusive, sustainable, and globally competitive economy. The NESG works with volunteers who are experts across the different sectors of the economy to achieve this mission. At the core of the NESG's operations is the recognition of the immense value that volunteers bring to the organisation and its mission. Volunteerism plays a vital role in supporting the NESG's activities, as volunteers contribute their time, skills, and expertise to advance the organisation's goals. By engaging volunteers, the NESG taps into a diverse pool of talent, fosters innovation, and strengthens its capacity to drive meaningful change in Nigeria's economic landscape. This podcast seeks to celebrate the impact of the NESG volunteer workforce over the last three decades.
The Nigerian Economic Summit Group (NESG) and Stanbic IBTC have released the latest edition of their monthly Business Confidence Monitor Report. This report provides vital insights into the current business climate in Nigeria, including the levels of optimism, challenges, and economic indicators influencing business operations. As a key gauge of the private sector’s perception of the economy, the Business Confidence Monitor offers an invaluable lens through which businesses, policymakers, and investors can assess current conditions and anticipate future trends.
The 30th Nigerian Economic Summit (NES #30) Art Competition aimed at celebrating the creativity and diversity of emerging Nigerian artists. Organised by the Nigerian Economic Summit Group (NESG) in collaboration with the Africa Art Fund, the competition provided a platform for artists under the age of 35 to showcase their artistic talents. Participants were encouraged to explore themes of collaborative design and sustainable economic development, offering their unique vision for Nigeria’s future through various forms of artistic expression. The competition welcomed submissions across a wide range of media, including painting, drawing, sculpture, mixed media, and more. This inclusivity allowed artists from different backgrounds and skill sets to participate, with a focus on fostering creativity and dialogue about nation-building through art. The podcast seeks to highlight the different stages of the competition, the creative process behind the winning submissions and overall relevance of the competition to the goals of the summit.
The 30th Nigerian Economic Summit essay competition, themed "Collaborative Action for Growth, Competitiveness, and Stability," aimed at engaging undergraduates in critical discussions about Nigeria's economic future. It provided a platform for young minds to present innovative ideas on how collaboration across various sectors could drive economic growth, improve competitiveness, and ensure stability. The competition attracted over 300 submissions from students across the country, showcasing diverse perspectives on addressing the nation’s challenges. After a rigorous review process, three winners emerged, each presenting insightful and well-researched essays that proposed practical solutions for Nigeria’s economic progress. Their essays highlighted the importance of partnerships between the public and private sectors, youth engagement, and strategic reforms. The winners were featured in a podcast to discuss their creative processes, the challenges they faced, and their visions for Nigeria’s future. The competition not only encouraged academic excellence but also fostered critical thinking on national development.
Nigeria’s energy transition plan is a critical part of its commitment to sustainable development and climate action, as it outlines Nigeria’s ambitious pathway towards achieving net-zero emissions by 2060. Launched in August 2022 by Vice President Prof. Yemi Osinbajo, it focuses on expanding renewable energy, reducing dependence on fossil fuels, and increasing energy access for its rapidly growing population. The COP29 theme, “In Solidarity for a Green World,” underscores the need for global cooperation, equity, and support for countries like Nigeria, which are navigating the dual challenges of energy access and climate mitigation. This theme emphasises the need for a united front in addressing climate change, with particular attention to equity and solidarity. For Nigeria, this means leveraging international partnerships, technology transfer, and climate finance to accelerate its transition towards cleaner energy sources. This podcast explores the country’s journey, challenges, opportunities, and the role of international collaboration in achieving a greener future. It will also discuss how Nigeria’s plan aligns with the broader objectives of COP29, including global decarbonisation efforts and supporting developing countries in their transition to sustainable energy.
The NESG Academy was established to empower citizens with the knowledge needed to understand their roles, rights, and responsibilities for informed participation in governance. It aims to instill the right values for responsible citizenship, ensuring that citizens are actively engaged in civic and political processes to enhance their democratic well-being. We are excited to have the Head, Workforce Management and Academy at the NESG, Gbemi Ibrahim, join us on NESG Radio to discuss the fundamental principles and components of the NESG Academy.
International Literacy Day 2024 emphasizes the theme of "Promoting Multilingual Education: Literacy for Mutual Understanding and Peace." This aligns with the global recognition of literacy as a foundational skill necessary for human development, inclusive societies, and economic progress. Multilingual education is gaining attention as a critical tool for enhancing communication, mutual understanding, and cultural harmony in diverse societies. In celebration of this important day, the Nigerian Economic Summit Group (NESG) has produced a special podcast exploring the intersection of multilingual education, literacy, and peacebuilding. This podcast aims to engage policymakers, educators, and stakeholders in a dialogue on the power of language diversity in driving inclusive education, strengthening cultural connections, and contributing to societal peace.
International Youth Day 2024 centres on the theme "From Clicks to Progress: Youth Digital Pathways for Sustainable Development," highlighting the transformative power of digital tools and technology in empowering youth to drive sustainable development. This podcast explores how digital innovation can provide opportunities for young people to contribute to and lead sustainable development initiatives.
Why do Nigerians focus disproportionately on the central government even though states are responsible for most first-line public services? On this episode of the #IfNotNowWhen series, Amaka Anku, Africa head at Eurasia Group, chats with Akin Oyebode, minister of finance for Ekiti state, about the historical roots of this mismatch in expectations. The pair discuss the opportunities facing Nigeria’s states and some best strategies for raising revenue and improving public service delivery.
Join us for an enlightening discussion on World Population Day 2024 as we delved into the critical issues surrounding population growth in Nigeria. This special podcast episode featured experts and thought leaders who provided valuable insights into the opportunities and challenges posed by Nigeria's rapidly growing population. We began with an exploration of World Population Day, its origins, and why it remains a crucial observance in today's world. Our guests then discussed the key drivers behind Nigeria's population growth, including cultural, economic, and social factors. Next, we tackled the pressing issues of healthcare and education, examining the challenges Nigeria faces in providing these essential services to its burgeoning population. The intersection of population growth with poverty and economic development was analyzed, highlighting the complexities and potential solutions. We discovered how Nigeria can harness the power of its youthful demographic to foster economic growth and drive innovation. Our experts provided projections for Nigeria's population growth and discussed the policies that should be prioritized to manage this growth effectively. We also explored the critical role of gender equality and women's empowerment in addressing population issues and ensuring sustainable development. Don't miss this insightful episode as we shed light on the demographic dynamics shaping Nigeria's future. Tune in, share your thoughts, and be part of the conversation on how Nigeria can navigate its population challenges and harness its potential for a prosperous future.
Micro, Small and Medium Enterprises (MSMEs) account for 90 percent of businesses, 60 to 70 percent of employment and 50 percent of GDP globally. In Nigeria, MSMEs account for 96.7 percent of businesses, approx. 46 percent of the GDP and employ over 80 percent of the labour force, according to the latest report published by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN). Therefore, MSMEs have been recognised as the backbone of societies globally with the capacity to contribute to development, innovation, wealth creation, employment generation and poverty reduction and promote equitable economic growth if given adequate support, especially considering Nigeria’s strong, youthful and entrepreneurial population. Considering the immense potential of MSMEs and the need to raise awareness about their pivotal role in economic development, June 27 was earmarked for the celebration of MSME Day annually. To deliver a competitive entrepreneurial ecosystem capable of creating employment, wealth creation and driving socio-economic development, gaps within the entrepreneurship ecosystem need to be urgently addressed for its potential to be harnessed. Technology adoption has been identified as a veritable tool in driving the required reforms in the MSME ecosystem in Nigeria. Hence, the podcast seeks to explore the imperative of technology and digitalisation to the realisation of desired policy reforms across key pain points such as access to markets, access to finance and taxation.
In light of the need to raise awareness and encourage action to protect the environment, June 5 has been earmarked as World Environment Day. This day is celebrated annually, and the theme for 2024 is Land restoration, desertification, and drought resilience. This theme resonates well with the submissions in the white paper published by the NESG Sustainability Policy Commission in March 2024, “A Pragmatic Path to Net-Zero Using the Green Economy, Blue Economy, and Forestry.” While environmental sustainability issues remain a global concern, Nigeria is one of the countries most vulnerable to the impacts of climate change, including rising sea levels, flooding, more intense storms, and desertification. Therefore, this podcast will highlight the imperatives to address the interrelated issues of climate change, environmental conservation and social well-being. Bringing his wealth of experience as an Environmental Sustainability and Waste Management Consultant with over 20 years of experience, Dr Femi Idowu-Adegoke will discuss Nigeria's progress since the submission of an updated Nationally Determined Contributions (NDCs) in 2021, the significant challenges, and potential strategies to bolster environmental sustainability
As we reach the five-year mark since the introduction of the African Continental Free Trade Agreement (AfCFTA), it has been considered necessary to examine the effectiveness of this landmark treaty. This discussion will focus on how the Nigerian economy can strategically position itself to maximise the benefits of the AfCFTA. Leaders of the NESG Trade, Investment and Competitiveness Policy Commission will discuss the imperatives of the Domestication of the African Continental Free Trade Agreement and other policy imperatives. Also, bringing a wealth of experience as the CEO of the Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf will provide his invaluable perspective as a key industry player. He will discuss Nigeria's progress since ratifying the agreement in November 2020, the significant challenges, and potential strategies to bolster intraregional trade. In addition, according to Article 28 of AfCFTA, the treaty is "subject to review every five (5) years after its entry into force..." Given current realities, the conversation will address whether or not the agreement should be reviewed and what such reviews should be.
As we approach the five-year mark since the signing of the African Continental Free Trade Agreement on May 30, 2024, it has been considered necessary to examine the effectiveness of this landmark treaty. This discussion will focus on how the Nigerian economy can strategically position itself to maximise the benefits of the AfCFTA. Leaders of the NESG Trade, Investment and Competitiveness Policy Commission will discuss the imperatives of the Domestication of the African Continental Free Trade Agreement and other policy imperatives. Bringing a wealth of experience as the CEO of Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf will provide his invaluable perspective as a key industry player. He will discuss Nigeria's progress since ratifying the agreement in November 2020, the significant challenges, and potential strategies to bolster intraregional trade. Also, according to Article 28 of AfCFTA, the treaty is "subject to review every five (5) years after its entry into force..." Given current realities, the conversation will address whether or not the agreement should be reviewed and what such reviews should be.
Did the Independent National Electoral Commission (INEC) over-promise and under-deliver in 2023? In this episode of the #IfNotNowWhen series, Amaka Anku, Africa practice head at Eurasia Group, sits with Festus Okoye, INEC’s former head of voter education, to discuss Nigeria’s electoral system and the commission’s performance in the 2023 general elections. They debate the common use of the phrase “electronic transmission of results” and discuss what INEC can do to improve election logistics in the future.
The theme for World Health Day 2024 is 'My health, my right’. The WHO Council on the Economics of Health for All has found that at least 140 countries recognize health as a human right in their constitution. Yet countries are not passing and putting into practice laws to ensure their populations are entitled to access health services. Without health, a person is denied their right to be contributing members of society and to provide for their families. Right to Health is the right of everyone to the enjoyment of the highest attainable standard of physical and mental health.
The theme for World Health Day 2024 is 'My health, my right’. The WHO Council on the Economics of Health for All has found that at least 140 countries recognize health as a human right in their constitution. Yet countries are not passing and putting into practice laws to ensure their populations are entitled to access health services. Without health, a person is denied their right to be contributing members of society and to provide for their families. Right to Health is the right of everyone to the enjoyment of the highest attainable standard of physical and mental health.
Why do so many Nigerians believe unverified political and social claims? On this episode of the #IfNotNowWhen series, Amaka Anku, Africa head at Eurasia Group, chats with Babatunde Fashola, former governor of Lagos, about how to debunk these myths through more effective government communication and how to encourage the creation of policy ideas that mobilize Nigerians to achieve collaborative economic growth.
Why do so many Nigerians believe unverified political and social claims? On this episode of the #IfNotNowWhen series, Amaka Anku, Africa head at Eurasia Group, chats with Babatunde Fashola, former governor of Lagos, about how to debunk these myths through more effective government communication and how to encourage the creation of policy ideas that mobilize Nigerians to achieve collaborative economic growth.
To commemorate the #WorldWaterDay2024 themed "Water for Peace", we had an engaging conversation with Engineer Nyananso Gabriel Ekanem. Engineer Ekanem is the Thematic Lead, Water and Sanitation Thematic Group of the Infrastructure Policy Commission of the Nigerian Economic Summit Group (NESG).
To commemorate the #WorldWaterDay2024 themed "Water for Peace", we had an engaging conversation with Engineer Nyananso Gabriel Ekanem. Engineer Ekanem is the Thematic Lead, Water and Sanitation Thematic Group of the Infrastructure Policy Commission of the Nigerian Economic Summit Group (NESG).
Nigeria's northern deserts, central flooding, coastal pollution and erosion, and the ensuing socioeconomic fallout all hint at the severity and veracity of climate change. As a result, swift action is required to mitigate the effects of climate change. Simultaneously, with the population growing at an accelerated rate, more development is required to provide better living circumstances for millions more Nigerians which can be achieved through transition to clean, renewable and sustainable energy sources and the next several decades provide a rare chance to combine these two priorities—economic growth and climate action—for Nigeria to accomplish one of the first truly fair transformations in history in Africa's largest economy.
Nigeria's northern deserts, central flooding, coastal pollution and erosion, and the ensuing socioeconomic fallout all hint at the severity and veracity of climate change. As a result, swift action is required to mitigate the effects of climate change. Simultaneously, with the population growing at an accelerated rate, more development is required to provide better living circumstances for millions more Nigerians which can be achieved through transition to clean, renewable and sustainable energy sources and the next several decades provide a rare chance to combine these two priorities—economic growth and climate action—for Nigeria to accomplish one of the first truly fair transformations in history in Africa's largest economy.
With an estimated 340,000 jobs expected to be produced by 2030 and up to 840,000 jobs by 2060, Nigeria's net-zero route would result in considerable net job creation, with the power, cooking, and transportation sectors accounting for the majority of these jobs. In Nigeria's net-zero pathway, gas will be essential as a transition fuel, especially in the areas of cooking and power, considering that Nigeria's energy transition offers substantial investment prospects, including the creation and growth of solar energy, hydrogen, and electric car businesses.
With an estimated 340,000 jobs expected to be produced by 2030 and up to 840,000 jobs by 2060, Nigeria's net-zero route would result in considerable net job creation, with the power, cooking, and transportation sectors accounting for the majority of these jobs. In Nigeria's net-zero pathway, gas will be essential as a transition fuel, especially in the areas of cooking and power, considering that Nigeria's energy transition offers substantial investment prospects, including the creation and growth of solar energy, hydrogen, and electric car businesses.
On this episode, our Policy Innovation Center delved into the theme "Shaping Youth Ambition: The Role of Educational Policies, Programs, and Technology." In this engaging and informative podcast, we're joined by esteemed facilitators from Policy Innovation Centre: Ese Adams, Gender and Inclusion Advisor Akinwumi Akinola, Behavioral Insight Lead Dr. Cornelius Ohonsi, Epidemiologist and Public Health Specialist Get ready for insightful discussions and expert insights on how educational policies, programs, and technology can shape the ambitions of our youth.
On this episode, our Policy Innovation Center delved into the theme "Shaping Youth Ambition: The Role of Educational Policies, Programs, and Technology." In this engaging and informative podcast, we're joined by esteemed facilitators from Policy Innovation Centre: Ese Adams, Gender and Inclusion Advisor Akinwumi Akinola, Behavioral Insight Lead Dr. Cornelius Ohonsi, Epidemiologist and Public Health Specialist Get ready for insightful discussions and expert insights on how educational policies, programs, and technology can shape the ambitions of our youth.
The NESG 2024 macroeconomic outlook emphasises the importance of achieving macroeconomic stability, of which inflation and the exchange rate are key determinants.
The NESG 2024 macroeconomic outlook emphasises the importance of achieving macroeconomic stability, of which inflation and the exchange rate are key determinants.
In this episode, we explore the factors contributing to the currency's decline, from economic mismanagement to external pressures. We discuss the ramifications for Nigeria's economy and its citizens, examining the challenges faced by businesses, investors, and everyday people.
In this episode, we explore the factors contributing to the currency's decline, from economic mismanagement to external pressures. We discuss the ramifications for Nigeria's economy and its citizens, examining the challenges faced by businesses, investors, and everyday people.
In recent times, Nigeria has been facing an unprecedented heatwave, with temperatures soaring and communities grappling with the impact. This podcast aims to delve into the underlying causes of this heatwave, its connection to climate change, and practical steps individuals and communities can take to mitigate its effects. We will be joined by a climate specialist, who will provide expert insights and guidance on understanding climate change in the Nigerian context and offer actionable advice on how listeners can adapt to and cope with rising temperatures.
In recent times, Nigeria has been facing an unprecedented heatwave, with temperatures soaring and communities grappling with the impact. This podcast aims to delve into the underlying causes of this heatwave, its connection to climate change, and practical steps individuals and communities can take to mitigate its effects. We will be joined by a climate specialist, who will provide expert insights and guidance on understanding climate change in the Nigerian context and offer actionable advice on how listeners can adapt to and cope with rising temperatures.
The Federal Executive Council on November 2, 2022, approved the National Sports Industry Policy (NSIP). The approval is the culmination of years of positive engagement between the private sector, led by the NESG and the public sector, led by the Federal Ministry of Youth and Sports Development, to ensure the transformation of sports from recreation to business. The podcast will delve into the dynamic world of sports and explore the impact of policies that shape the industry. The aim is to gain insights into the goals, strategies, and anticipated outcomes of this groundbreaking policy as we discuss its potential to revolutionize the sports sector in Nigeria.
The Federal Executive Council on November 2, 2022, approved the National Sports Industry Policy (NSIP). The approval is the culmination of years of positive engagement between the private sector, led by the NESG and the public sector, led by the Federal Ministry of Youth and Sports Development, to ensure the transformation of sports from recreation to business. The podcast will delve into the dynamic world of sports and explore the impact of policies that shape the industry. The aim is to gain insights into the goals, strategies, and anticipated outcomes of this groundbreaking policy as we discuss its potential to revolutionize the sports sector in Nigeria.
This topic considers the Host Community Development Trust (HCDT) framework established by the Petroleum Industry Act for developing communities in Nigeria's oil and gas-producing communities. The PIA introduced the HCDT as a uniform host community benefit management system to replace the old agreement-based systems (Memorandum of Understanding/Global Memorandum of Understanding (MOU/GMOU) implemented in line with each company’s Corporate Social Responsibility policies. Under the PIA, the settlors (leaseholders of oil and gas assets) are responsible for incorporating the Trusts to benefit their host communities. Many Trusts have been incorporated and are in the process of commencing operations. The PIA stipulates that the primary purpose of the HCDTs is to “foster sustainable prosperity” in host communities. This phrase was not defined in the Act. However, the establishment of HCDTs in the Nigerian petroleum industry to manage host communities' development expectations is new to Nigeria. This raises some questions about the utility of the framework, operability, effectiveness, etc.
This topic considers the Host Community Development Trust (HCDT) framework established by the Petroleum Industry Act for developing communities in Nigeria's oil and gas-producing communities. The PIA introduced the HCDT as a uniform host community benefit management system to replace the old agreement-based systems (Memorandum of Understanding/Global Memorandum of Understanding (MOU/GMOU) implemented in line with each company’s Corporate Social Responsibility policies. Under the PIA, the settlors (leaseholders of oil and gas assets) are responsible for incorporating the Trusts to benefit their host communities. Many Trusts have been incorporated and are in the process of commencing operations. The PIA stipulates that the primary purpose of the HCDTs is to “foster sustainable prosperity” in host communities. This phrase was not defined in the Act. However, the establishment of HCDTs in the Nigerian petroleum industry to manage host communities' development expectations is new to Nigeria. This raises some questions about the utility of the framework, operability, effectiveness, etc.
Our outgoing CEO, Mr Laoye Jaiyeola, shared insights with the incoming CEO, Dr Tayo Aduloju, discussing his impactful tenure at the helm of affairs and his invaluable contributions to the NESG.
Our outgoing CEO, Mr Laoye Jaiyeola, shared insights with the incoming CEO, Dr Tayo Aduloju, discussing his impactful tenure at the helm of affairs and his invaluable contributions to the NESG.
The agriculture, health and education sectors face numerous challenges, including limited funding, access gaps, quality issues, and inadequate infrastructure. Impact investors have a crucial role to play in addressing these challenges and unlocking the potential of these sectors, thereby promoting socio-economic development.
The agriculture, health and education sectors face numerous challenges, including limited funding, access gaps, quality issues, and inadequate infrastructure. Impact investors have a crucial role to play in addressing these challenges and unlocking the potential of these sectors, thereby promoting socio-economic development.
The agriculture, health and education sectors face numerous challenges, including limited funding, access gaps, quality issues, and inadequate infrastructure. Impact investors have a crucial role to play in addressing these challenges and unlocking the potential of these sectors, thereby promoting socio-economic development.
In this episode of the #IfNotNowWhen series, Amaka sits with Kola Aina, Managing Partner of the Ventures Fund and a leading member of Nigeria’s tech sector, to discuss how the sector has thrived over the last two decades, the key challenges it has faced, and his outlook for the future.
In this episode of the #IfNotNowWhen series, Amaka sits with Kola Aina, Managing Partner of the Ventures Fund and a leading member of Nigeria’s tech sector, to discuss how the sector has thrived over the last two decades, the key challenges it has faced, and his outlook for the future.
In this episode of the #IfNotNowWhen series, Amaka sits with Kola Aina, Managing Partner of the Ventures Fund and a leading member of Nigeria’s tech sector, to discuss how the sector has thrived over the last two decades, the key challenges it has faced, and his outlook for the future.
In this episode of the #IfNotNowWhen series, Amaka sits with Kola Aina, Managing Partner of the Ventures Fund and a leading member of Nigeria’s tech sector, to discuss how the sector has thrived over the last two decades, the key challenges it has faced, and his outlook for the future.
In this episode of the #IfNotNowWhen podcast, Amaka has a wide-ranging conversation with the former governor of Ekiti state, Dr Kayode Fayemi, on how to make Nigeria work better for all its citizens, why foreign policy is a natural extension of domestic policy, and how Nigeria can project more influence globally through more effective utilization of current resources
In this episode of the #IfNotNowWhen podcast, Amaka has a wide-ranging conversation with the former governor of Ekiti state, Dr Kayode Fayemi, on how to make Nigeria work better for all its citizens, why foreign policy is a natural extension of domestic policy, and how Nigeria can project more influence globally through more effective utilization of current resources
In this episode of the #IfNotNowWhen podcast, Amaka has a wide-ranging conversation with the former governor of Ekiti state, Dr Kayode Fayemi, on how to make Nigeria work better for all its citizens, why foreign policy is a natural extension of domestic policy, and how Nigeria can project more influence globally through more effective utilization of current resources
In this episode of the #IfNotNowWhen podcast, Amaka has a wide-ranging conversation with the former governor of Ekiti state, Dr Kayode Fayemi, on how to make Nigeria work better for all its citizens, why foreign policy is a natural extension of domestic policy, and how Nigeria can project more influence globally through more effective utilization of current resources
Evidence shows that there is a huge opportunity for the use of behavioural insights in creating and advancing more effective anti-corruption initiatives in Nigeria. This is particularly important, given the increasingly normative status corruption is fast gaining within the Nigerian society. In this podcast, Akinwunmi Akinola, Senior Research Specialist at the Policy Innovation Centre of the Nigerian Economic Summit Group, spotlights the gaps in anti-corruption initiatives in the country, highlights the opportunities for behavioural insights in the space, and sheds light on the upcoming Behavioural Insights Network Transparency & Accountability (BiNTA) Fellowship of the Policy Innovation Centre.
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Malnutrition and poor health worldwide continue to negatively impact businesses due to working days lost to illness and reduced workforce productivity. Malnutrition, in all its forms, imposes unacceptably high direct and indirect costs on individuals, families and nations. As well as benefiting employees, investments by companies in health and wellbeing can lead to better employee engagement, reduced absenteeism and higher performance and productivity.
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The size of Nigeria’s impact Investment market has grown significantly over the last decade from USD 331 million in 2012 to USD 1.08 billion in 2021. Impact investment is an important avenue through which Nigeria can unlock private capital for private sector development and progress towards achieving Sustainable Development Goals. It is essential to examine the features, challenges and opportunities within the ecosystem towards optimising the deployment of impact capital into priority sectors, including the Agriculture, Education and Health sectors.
This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4766883/advertisement
Malnutrition and poor health worldwide continue to negatively impact businesses due to working days lost to illness and reduced workforce productivity. Malnutrition, in all its forms, imposes unacceptably high direct and indirect costs on individuals, families and nations. As well as benefiting employees, investments by companies in health and wellbeing can lead to better employee engagement, reduced absenteeism and higher performance and productivity.
This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4766883/advertisement
Micronutrient deficiencies or a lack of essential vitamins and minerals required in small amounts by the body for proper growth and development can cause several serious health issues. Food fortification is a proven, safe and cost-effective strategy for improving diets and preventing and controlling micronutrient deficiencies. However, despite the enormous economic potential of food fortification, several barriers must be more conducive to creating an enabling environment for global food fortification scale-up.
This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4766883/advertisement
On 26 May 2023, the Arbitration and Mediation Act was signed into law. This is a significant milestone poised to cut the long wait times associated with dispute resolution, align Nigeria’s legal framework with international arbitration principles and ultimately boost investor confidence in the Nigerian business environment. NASSBER Analyst Ogechi Obasi and Thematic Lead, Arbitration and Dispute Resolution, Diane Okoko, FCIArb explore the possibilities of this act.
This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4766883/advertisement
Gender equality and women's empowerment are critical for sustainable development. By focusing on gender as a guiding principle, impact investors can address the unique challenges faced and unlock opportunities within the economy, fostering inclusive growth, social equity, and positive change for women and girls in Nigeria.
This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4766883/advertisement
Poor nutrition has vast physical and economic consequences.Most Nigerians have a poor diet, leading to a high prevalence of various chronic diseases. These diseases may cause some minor disruptions or hindrances to everyday life while severely debilitating for others. Overall, nutrition-related chronic diseases cause reductions in productivity, lost wages, and reduced economic output.
This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4766883/advertisement
NASSBER was established in 2016 to drive engagement between the legislature and private sector, for a framework that will make the economy business-friendly for all.
Since inception, the Roundtable has achieved significant legislative milestones, including the Companies and Allied Matters Act (CAMA), Arbitration and Mediation Act, and more recently, the Data Protection Act, 2023.
But NASSBER is not resting on its oars. The Roundtable is gearing up for even more measurable outcomes as it engages the 10th Assembly for transformative legislation that will impact both the business community and generality of Nigerians.
This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4766883/advertisement
The agriculture, health and education sectors face numerous challenges, including limited funding, access gaps, quality issues, and inadequate infrastructure. Impact investors have a crucial role to play in addressing these challenges and unlocking the potential of these sectors, thereby promoting socio-economic development.
This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4766883/advertisement
Nigeria's debt profile has been a matter of concern in recent years. Over the years, the government has become reliant on borrowing to run public administration, fund infrastructure projects and address budget deficits. Public debt sustainability in Nigeria has reached a critical level where almost 100% of government revenue goes into debt servicing. It's important for the government to address the rising debt profile and associated challenges and mitigate potential risks to the economy.
This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4766883/advertisement
Tariff and non-tariff trade barriers historically protect local industries against foreign competition. However, sustainable reforms are necessary to achieve a balancing act that will boost the capacity of home-grown businesses, while also incentivising their foreign counterparts to invest in the Nigerian economy. Trade and competition lawyer, Leonard Otuonye Ugbajah, discusses these strategies and more with NASSBER Team Lead, Nsikan Essien.
This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4766883/advertisement
A nearly year-long strike by university professors last year focused attention on the chronically poorly funded public university system.
In this episode of the #IfNotNowWhen podcast series, Amaka sits with former minister of youth Bolaji Abdullahi to discuss the administrative and funding challenges in the public university system, and how to change federal governance structures to improve efficiency and educational outcomes.
This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4766883/advertisement
Nigeria’s media was a key driver of the country’s pre-1999 democracy movement and continues to play an important role at critical moments of Nigerian history. But the media sometimes struggles to thoroughly investigate and report on issues that occur outside of its Lagos and Abuja hubs.
In this episode of the #IfNotNowWhen podcast, Amaka sits with Nigerian journalist and media entrepreneur Kadaria Ahmed to discuss the successes and shortcomings of the Nigerian media landscape. What are some of the constraints media outlets face in keeping Nigerian citizens informed even as it strives to hold government accountable? What is the media doing to address these challenges?
In this episode of the #IfNotNowWhen podcast series, Amaka sits with Ahmad Rufai Zakari, Special Assistant to the President on infrastructure.
What are the administration’s successes and failures in the power sector? What are some opportunities and challenges for the incoming administration in Nigeria’s quest for reliable electricity?
As Nigeria prepares to transition to new administrations at federal and state levels, the NASSBER Thematic Lead on Innovations and Intellectual Property, Ms. Chinenye Uwanaka, discusses innovative solutions as a major driver of subnational development, offering new and creative ways to address complex challenges and promote sustainable growth.
To commemorate International Women's Day 2023, Join our podcast at XXX (WAT) to discuss the prospects of increasing the involvement of women and girls in technology creation, use, and regulation as this is critical to advancing a gender-equitable future. Join the conversation!
On 25 February, Nigerians went to the polls to elect a new president and federal legislature.
In this episode of the #IfNotNowWhen podcast, Amaka sits down with Samson Itodo, founder and Executive Director of the leading Nigerian election-reforms advocacy group, YIAGA Africa, to discuss the strengths and weaknesses of Nigeria’s electoral processes. What went wrong in the 2023 general elections and what can be done to improve the process for future elections? Join the conversation!
Since 1999, one or two large political parties have dominated Nigerian elections. In the last few electoral cycles, there have been high-profile attempts to “break” the now entrenched two-party landscape. In this episode of the #IfNotNowWhen podcast, Amaka sits down with one of those “third party” candidates, Kingsley Moghalu, to discuss key takeaways from his experience.
No state can provide critical public goods without a competent bureaucracy. Nigeria’s public service has been criticized for being inefficient, costly, and ineffective.
In this episode of the #IfNotNowWhen podcast series, Amaka sits down with Dr. Joe Abah, former Director-General of the Bureau of Public Services Reform to unpack what went wrong with Nigeria’s once vaulted public service, and what can be done to fix it.
For the first time since the 1999 democratic transition, there are three nationally competitive Nigerian presidential candidates: the ruling party’s Bola Ahmad Tinubu, the main opposition PDP’s Atiku Abubakar, and Labour Party’s Peter Obi. Rabu’i Kwankwaso will also have a meaningful impact on electoral outcomes in the northwest region.
In this Season 2 debut to the #IfNotNowWhen series, Amaka sits down with Waziri Adio, the founder of Agora Policy and a long-time columnist/political commentator, to unpack the candidates’ backgrounds and paths to victory.
Welcome to the Season 2 of the #ifnotnowwhen podcast series hosted by Amaka Anku. In this season, as we approach the Nigerian Elections in 2023, we will focus on the electoral and policy landscape. Join us!
The #IfNotNowWhen series invites you to join conversations that approach Nigeria’s most serious challenges with nuance, balance, and data. Join as we explore controversial and timely topics with thoughtfulness and a consideration for different perspectives.
Why should Nigerians care about addressing the country’s revenue crisis? How do we stimulate more idea-creation in Nigeria’s public discourse? What exactly is driving herder-farmer clashes in Nigeria and what can be done about it? Is corruption really Nigeria’s biggest problem?
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Watch out for Season 2
There are many ongoing projects spread across the country.
If these projects must succeed, they require effective project canvas, project administration and strategic implementation driven by competent project managers and project leaders. Unfortunately, the project management competent deficits largely influence project failures.
Listen in as Project Management Institute discusses solutions to project deficits in Nigeria
Policymakers all over the world have struggled with this age-old question and often come up with different answers at different stages of a country’s economic evolution. How should we think about the Nigerian government’s role in driving economic transformation? What frameworks and principles should guide government action?
In this fourth episode of the #IfNotNowWhen podcast series, Amaka sits down with Dr. Yemi Dipeolu—the special advisor to the Nigerian presidency on economic matters—to unpack Nigeria’s successes and failures in its attempt to drive economic transformation.
The main objectives of exchange rate policy in Nigeria are to preserve the value of the domestic currency, maintain a favourable external reserves position and ensure external balance without compromising the need for internal balance and the overall goal of macroeconomic stability.
In Nigerian popular discourse, “restructuring” has become a catch-all phrase to describe an ideal governance structure for Nigeria that would allow economic transformation to take off. But what do its advocates really want? Are calls for ‘restructuring’ a distraction from the current governance realities (and challenges) Nigeria faces?
In the first of a series of conversations on Nigeria’s governance structures, Amaka unpacks parts of the restructuring debate with Osita Chidoka, a leader of the opposition Peoples Democratic Party (PDP). This is episode 3 of the #IfNotNowWhen series.
In the last several years, frequent clashes between farmers and herders have displaced communities and fueled criminal gangs. Why are these clashes happening now? Why have communities that lived peacefully together for centuries turned against each other?
In this episode of the #IfNotNowWhen series, Amaka sits down with Dr Andrew Kwasari, an advisor to the presidency on agriculture, to unpack these questions.
The Nigerian government has a pivotal role in addressing, with utmost urgency, six (6) critical challenges causing economic dysfunction. These challenges are non-inclusive economic growth, macroeconomic instability, infrastructure deficit, human capital deficit and skills gap, national insecurity, and weak economic competitiveness. These six (6) critical challenges resonate with both citizens and the business community, who now place a high demand on transformational leadership that will birth a new.
As Nigeria enters the political season, one question that doesn’t get asked enough is: “where will the money to pay for these promises come from?”
Amaka sits down with one of Nigeria’s most seasoned tax professionals, Taiwo Oyedele, to answer this question. How do non-state actors like NURTW complicate revenue collection? Is it possible to mount a politically effective campaign that addresses the revenue crisis? This is one conversation you don’t want to miss!
The #IfNotNowWhen series invites you to join conversations that approach Nigeria’s most serious challenges with nuance, balance, and data. Listen as we explore controversial and timely topics with thoughtfulness and a consideration for different perspectives.
Why should Nigerians care about addressing the country’s revenue crisis? How do we stimulate more idea-creation in Nigeria’s public discourse? What exactly is driving herder-farmer clashes in Nigeria and what can be done about it?
Thoughts? Guests suggestions? Email us at info@nesgroup.org
The relationship between trade and food security is attracting increased attention on both the trade and development agendas, with trade recognized as one of the means for achieving the Sustainable Development Goals (SDGs). To ensure that markets around the world have access to nutritious food requires international trade and cross-border cooperation. With climate change threatening the predictability of harvests and the sustainability of many regional crops, the importance of trade in food commodities may well increase rather than diminish.
Investment and trade—important drivers of economic growth in sub-Saharan Africa—are both affected significantly by conflict. Businesses are naturally averse to disputes and when disputes arise, they must be efficiently and effectively resolved for businesses to thrive. Dispute resolution is the key that unlocks investment, be it local or foreign, business, money, private equity, or investors are averse to disputes, and where it arises, it wants them to be speedily and efficiently dealt with.
Many health problems encountered today arising from consumption of unsafe food are not new as they date far back in history. The issue of food safety and food – borne toxicants in Sub Saharan Africa, including Nigeria, is exacerbated by public ignorance on the subject, uncoordinated approach to food control, lack of technical expertise and adequately equipped laboratories in some cases, poor enforcement of legislations and regulatory limits.
It is not food if it is not safe. Access to safe, nutritious, tasty, and wholesome food is a fundamental human right that should be available and affordable to all people, including people in developing countries. Food safety throughout the value chain, from farm to the table must be integrated into policies and interventions to improve nutrition and health outcomes.
The history of Nigeria’s politics since the coming into being of the Fourth Republic, like its earlier democratic experiments have shown intractable but avoidable defects and deficits in the practice of participatory democracy. To interrogate this phenomenon, there is a need to focus on the impact of behavioral insights on undemocratic attitudes, unwholesome values, objectionable beliefs and Nigeria's electoral and political culture.
Oil prices have since risen sharply to nearly $100 per barrel following strong economic recovery post-lockdowns. As the economy grows so does the demand for oil. Moreover, rising geopolitical tensions between Russia and Ukraine and in the Middle East are stoking supply fears. This is contributing to rising inflation and concerns about economic recovery.
Break the Bias" encourages us to continue speaking out and to imagine a world free from bias, stereotypes, and discrimination. An inclusive, diverse, and equitable world, where differences are valued and celebrated. This world will become our reality when we celebrate women's achievements, increase visibility for them, create awareness against bias and take action for gender equality.
"Break the Bias" encourages us to continue speaking out and to imagine a world free from bias, stereotypes, and discrimination. An inclusive, diverse, and equitable world, where differences are valued and celebrated. This world will become our reality when we celebrate women's achievements, increase visibility for them, create awareness against bias and take action for gender equality.
Economic interests have always been the major driving force behind the growth and spread of the Nollywood and entertainment industry of Nigeria. In spite of its players’ economic objective, Nollywood tells the Nigerian story, using themes from local realities and the country’s cultural identity to address local social issues.
The geopolitical tensions have sent global oil prices rising to a three-digit number more recently in the year 2022. This is good news for major oil-exporting countries including Nigeria in terms of higher oil export earnings. However, these gains will be lost to huge import bills on refined fuel products and the extra fiscal burden arising from higher subsidy costs in Nigeria. Ukraine being part of Nigeria’s top 10 import locations in the fourth quarter of 2021 suggests that the war between Russia and Ukraine could induce supply chain disruptions and negatively affect import supplies to Nigeria until a truce is reached by both countries.
Prices of goods and services change at different paces. Some, such as the prices of traded commodities, change every day; others, such as wages established by contracts, take longer to adjust. In an inflationary environment, unevenly rising prices inevitably reduce the purchasing power of some consumers, and this erosion of real income is the single biggest cost of inflation.
Inflation can also distort purchasing power over time for recipients and payers of fixed interest rates.
Nigeria's economic progress can be likened to that of an athlete with the potential to become a star. This assertion speaks to the much-needed confidence in the country's development prospects after evaluating its economic performance in 2021. The economy sustained its recovery momentum as the real Gross Domestic Product (GDP) expanded by an average of 3.2% in the first three quarters of the year. Reaping from the high growth in output, the inflation rate, after peaking at 18.2 percent in March 2021, moderated for most of the year and averaged at 17.0 percent in 2021.
Nigeria's economic progress can be likened to that of an athlete with the potential to become
a star. This assertion speaks to the much-needed confidence in the country's development
prospects after evaluating its economic performance in 2021. The economy sustained its
recovery momentum as the real Gross Domestic Product (GDP) expanded by an average of
3.2 percent in the first three quarters of the year. Reaping from the high growth in output,
the inflation rate, after peaking at 18.2 percent in March 2021, moderated for most of the
year and averaged at 17.0 percent in 2021.
Nigeria's economic progress can be likened to that of an athlete with the potential to become
a star. This assertion speaks to the much-needed confidence in the country's development
prospects after evaluating its economic performance in 2021. The economy sustained its
recovery momentum as the real Gross Domestic Product (GDP) expanded by an average of
3.2 percent in the first three quarters of the year. Reaping from the high growth in output,
the inflation rate, after peaking at 18.2 percent in March 2021, moderated for most of the
year and averaged at 17.0 percent in 2021.
Nigeria's economic progress can be likened to that of an athlete with the potential to become
a star. This assertion speaks to the much-needed confidence in the country's development
prospects after evaluating its economic performance in 2021. The economy sustained its
recovery momentum as the real Gross Domestic Product (GDP) expanded by an average of
3.2 percent in the first three quarters of the year. Reaping from the high growth in output,
the inflation rate, after peaking at 18.2 percent in March 2021, moderated for most of the
year and averaged at 17.0 percent in 2021.
Behavioral insight is a term increasingly used within public institutions to refer to efforts made to gain an accurate and evidence-based understanding of how people behave and make decisions. Planning, designing, and implementing policies and programs on the basis of this deeper understanding increase their impact.
Due to the Public Sector’s role in executing plans, policies, and programmes of the government, there is a need for public accountability and trust between the public sector and the citizens whose lives and livelihoods are impacted by its activities.
Civil society, the media, and the private sector, have roles and responsibilities in addition to those of the government in promoting openness and transparency in the public sector. Initiatives such as the Aig-Imoukhuede Public Sector Performance Index are taking an innovative approach to promoting accountability by measuring public sector performance while fostering citizen engagement for institutional improvement.
The fragility of Nigeria is evident and pervasive in all spheres of its being – economically, socially, politically, and also its integrity as a sovereign state. With a National Development Plan to reposition Nigeria on the path to a secured future driven by effective fiscal and monetary management and an active commitment to inclusiveness, it is critical to examine Nigeria’s priorities for high and sustained economic development.
The 27th Nigerian Economic Summit convened stakeholders who envisioned strategies to
reverse Nigeria’s poor economic trends to achieve high and sustained growth and bring Nigeria back on its path to assuming its economic potentials.
The 27th Nigerian Economic Summit NES#27 theme, “Securing Our Future: The Fierce Urgency of Now reflects the need for urgent and
targeted action to address the current national challenges in Nigeria. It also builds on conversations from NES#26 which emphasized the importance of harnessing critical and strategic partnerships towards
economic recovery and resilience.
The fragility of Nigeria is evident and pervasive in all spheres of its
being – economically, socially, politically and also its integrity as a
sovereign state. With a National Development Plan to reposition
Nigeria on the path to a secured future driven by effective fiscal
and monetary management, and an active commitment to
inclusiveness, it is critical to examine Nigeria’s priorities for high
and sustained economic development.
For West African economies, the weight of accumulated foreign debt repayment and servicing continues to grow. The resources of West African economies are grossly insufficient; however, a substantial proportion of the available resources is committed to external debt servicing and repayment obligations.
Due to the rise in internet penetration, the gaming industry has continued to expand, benefiting immensely from the large tech-savvy population, and increasing access to internet-enabled smart devices. Opportunities are huge in the gaming industry ranging from job creation for local developers, higher revenue for the government, and also another source of income for Nigerians.
This Week on the NESG Radio, we will be exploring the opportunities in Nigeria's Agricultural Value chain as well as highlighting the pros and cons of the Agric Food system and how it affects smallholder farmers and the value chain players in Nigeria.
The Hospitality and Tourism Industry has the potential to bolster Nigeria’s investment landscape and help achieve increased contribution to our Gross Domestic Product (GDP). Given Nigeria’s population and natural endowments, a steady investment in infrastructure, policies and sensitisation efforts to encourage in-country vacations would positively boost the industry.
The public sector represented by the federal ministry of Finance, Budget and National Planning and the organized private sector represented by the Nigerian Economic Summit Group (NESG) announced the theme for the 27th Nigerian Economic Summit “Securing our future: The fierce urgency of Now” while inaugurating the Joint planning committee for the 27th Nigerian Economic Summit (NES#27) on the 28th of July, 2021.
Creating social impact is the result of a deliberate set of activities with a goal to generate a significant positive change that addresses a pressing social challenge. The provision of finance to organizations addressing social needs with the explicit expectation of a measurable social, as well as financial, return has become increasingly relevant in today’s economic setting as social challenges have mounted with public funds in many countries under pressure.
More than 90% of total annual milk production is from cattle in low input, low yielding pastoral systems and traded in informal value chains. Most cattle in Nigeria are indigenous breeds used primarily for meat and savings as well as milk production. Boosting dairy production is essential for Nigeria to meet it's dairy needs.
Boosting local wheat production and ensuring that Nigeria bridges its huge wheat demand-supply gap requires taking significant steps to stimulate faster development of the wheat production segment through the implementation of a bold capacity-building strategy.
At the heart of the agricultural value chain concept is the idea of actors connected along a chain producing and delivering goods to consumers through a sequence of activities. However, it cannot function in isolation and an important aspect of the value chain approach is that it also considers impacts, such as input and finance provision, extension support and the general enabling environment.
This Month on the NESG Radio, we will be exploring the opportunities in Nigeria's Agricultural Value chain as well as highlighting the pros and cons of the Agric Food system and how it affects smallholder farmers and the value chain players in Nigeria
This Month on the NESG Radio, we will be exploring the opportunities in Nigeria's Agricultural Value chain as well as highlighting the pros and cons of the Agric Food system and how it affects smallholder farmers and the value chain players in Nigeria.
As entrepreneurship increasingly gains national recognition for productive engagement, several corporate bodies such as MTN, NGX, FCMB and more have evolved revolutionary interventions that can help SMEs scale in the highly competitive Nigerian marketplace. They share their strategies with NESG Radio.
The greater variance in profitability, survival, and growth of SMEs compared to larger firms accounts for special problems in financing. The issues that arise in financing differ
considerably between existing and new firms, as well as between those which grow slowly and those that grow rapidly. The expansion of private equity markets, including informal markets, has greatly improved the access to venture capital for start-ups and SMEs.
The Nigerian Stock Exchange recently completed its demutualization exercise and has morphed into the Nigerian Exchange Group (NGX). Alongside this successful repositioning are its efforts to grow Small and Medium Enterprises (SMEs) by providing them access to capital and impactful tips on corporate governance, financial and technological innovations that will keep them ahead of the curve.
Ever-increasing numbers of women in Nigeria have been choosing small-business ownership in an apparent attempt to escape the inequality that exists in the labor market. The NBS estimated that the overall number of persons in labor force was 80 million out of which males were 41.6 million while females were 38.6 million
In small and medium-sized enterprises (SMEs) you find employees with great technical capabilities or hard skills because most SMEs are usually founded by technical experts, which is reflected by their ability to provide solutions to problems that have to do with their specific business. However, in order to negotiate and interact with other employees, suppliers, customers, and investors it is essential to develop solid soft skills
Small businesses, including those run by women and young entrepreneurs, are being hit hardest by the economic fall-out of the pandemic. These types of enterprises are responsible for significant employment and income generation opportunities across the world and have been identified as a major driver of poverty alleviation and development.This month of June on the NESG Radio, experts will be sharing the experiences and ideas on how to promote sustainable growth for MSMEs in Nigeria.
Small businesses, including those run by women and young entrepreneurs, are being hit hardest by the economic fall-out of the pandemic. These types of enterprises are responsible for significant employment and income generation opportunities across the world and have been identified as a major driver of poverty alleviation and development.This month of June on the NESG Radio, experts will be sharing the experiences and ideas on how to promote sustainable growth for MSMEs in Nigeria.
iwe-owo Idaabobo Orisirisi Ohun ọgbin (PVP) yoo fun awọn alajọbi ohun-ini ọgbọn lori oriṣiriṣi ọgbin tuntun, pẹlu awọn ẹtọ iyasoto si titaja irugbin ati / tabi ohun elo ikede ti oriṣiriṣi. PVP tun ṣe igbega titaja ti awọn orisirisi tuntun ati gba awọn alajọbi laaye lati jere pada awọn idiyele nla ti o ni ipa ninu ilana pipẹ ti idagbasoke pupọ.
The Plant Variety Protection bill will give breeders intellectual property over a new plant variety, with exclusive rights to commercialize seed and/or propagation material of the variety. The PVP also promotes marketing of new varieties and allows breeders to earn back the considerable costs involved in the long process of variety development.
Nigeria’s manufacturing sector is among the largest in Africa with numerous opportunities. The COVID-19 pandemic which led to suppressed consumer demand and supply-chain disruption resulted in a decline in real manufacturing output in 2020. Prior to 2020, the sector has continuously faced several structural challenges which have caused many manufacturing firms to shut down, limiting growth and investment inflows into the sector.
The Wall and the Bridge highlight the impacts of the cultural differences in Nigeria and a strong reminder that ‘no culture is older than being human’ and our unity lies in our diversity.
The NESG-OSIWA Debt Management Roundtable aims to identify and analyze the problems affecting debt management in West Africa. These problems include poor governance, transparency, and the use of inappropriate strategies. However, a collaboration between the government, the private sector, and all stakeholders can help with proper debt management.
La table ronde NESG-OSIWA sur la gestion de la dette vise à identifier et analyser les problèmes affectant la gestion de la dette en Afrique de l'Ouest. Ces problèmes incluent la mauvaise gouvernance, la transparence et l'utilisation de stratégies inappropriées. Cependant, la collaboration entre le gouvernement, le secteur privé et toutes les parties prenantes peut contribuer à une bonne gestion de la dette.
The NESG-OSIWA Debt Management Roundtable aims to identify and analyze the problems affecting debt management in West Africa. These problems include poor governance, transparency, and the use of inappropriate strategies. However, a collaboration between the government, the private sector, and all stakeholders can help with proper debt management.
As stakeholders convened for the 26th Nigerian Economic Summit (NES #26), the unprecedented turmoil unleashed by the global COVID-19 pandemic and the aftermath of the #EndSARS protests by Nigerian youth was paramount in their minds. There was optimistic anticipation that NES #26 was a suitable platform to deliberate on the emerging pathways to the future for the country’s economy. The theme of the Summit, “Building Partnerships for Resilience”, was considered to be appropriate in shaping the big conversation for action.
Over the past years, effort at achieving economic growth in Nigeria has been driven by the Federal Government. To put Nigeria on the trajectory to development and competitiveness, it is imperative to empower the subnational governments with the necessary tools to unlock their subnational factor endowments. Listen to experts talk about Nigeria’s Path to recovery.
Experts within the Manufacturing sector (government, industry players, and development financial institutions) deliberate on the challenges confronting the light manufacturing industry and map out innovative strategies to improve the sector’s competitiveness.
Experts within the Manufacturing sector (government, industry players, and development financial institutions) deliberate on the challenges confronting the light manufacturing industry and map out innovative strategies to improve the sector’s competitiveness.
During the first wave of the COVID-19 pandemic, the pioneer NESG Bridge Fellows carried out a survey of the assessment of the impact of the Covid-19 lockdown on the economic, social, health, educational, and psychological wellbeing of members of households in Nigeria.An assessment of the impact of the pandemic as well as the attendant lockdown measures imposed during the first wave of the outbreak has shown that government needs to embark on deep reforms in key sectors of the economy, particularly in health and education.
At this defining moment in Nigeria’s 60-year history, the country must adopt a different approach to sustained economic growth and development. This will be anchored on a robust partnership between our youth, subnational governments, and the private sector to capitalize on subnational factor endowments to achieve global competitiveness. On the Panel are HE Dr. Kayode Fayemi; Governor of Ekiti State; HE Aminu Waziri Tambuwal; Governor of Sokoto State; Ms. Funke Opeke; CEO, MainOne; Mr. Chidi Ajaere; CEO, The GIG Group and Moderated by Mrs. Adesuwa Onyenokwe; CEO, TW Media
International Women's Day is a global day celebrating the social, economic, cultural and political achievements of women. The day also marks a call to action for accelerating gender parity. Significant activity is witnessed worldwide as groups come together to celebrate women's achievements or rally for women's equality. This year's international women's day theme is #ChoosetoChallenge. Follow the discussion as women discuss the campaign and other pertinent issues affecting women.
International Women's Day is a global day celebrating the social, economic, cultural, and political achievements of women. The day also marks a call to action for accelerating gender parity. Significant activity is witnessed worldwide as groups come together to celebrate women's achievements or rally for women's equality. This year's international women's day theme is #ChoosetoChallenge. Follow the discussion as women discuss the campaign and other pertinent issues affecting women.
International Women's Day is a global day celebrating the social, economic, cultural, and political achievements of women. The day also marks a call to action for accelerating gender parity. Significant activity is witnessed worldwide as groups come together to celebrate women's achievements or rally for women's equality. This year's international women's day theme is #ChoosetoChallenge. Follow the discussion as women discuss the campaign and other pertinent issues affecting women.
Awọn eto inawo jẹ awọn igbese ti ijọba ṣiṣẹ lati da eto-ọrọ duro, ni pataki nipasẹ ifọwọyi awọn ipele ati ipin awọn owo-ori ati awọn inawo ijọba. Tẹtisi onimọran owo-ori PwC ati alaga NESG-OSIWA Debt Management Roundtable, Ogbeni Taiwo Oyedele bi o ti n wo oju-iwe pataki lori owo-ori, ilana eto-inawo, ati egbe tuntun ti n ṣe NESG-OSIWA Debt Management Roundtable.
Fiscal policies are measures employed by the government to stabilize the economy, particularly by manipulating the levels and allocations of taxes and government expenditures. Listen to a PwC tax expert and chairman and NESG-OSIWA Debt Management Roundtable, Mr. Taiwo Oyedele as he takes a critical look at tax, fiscal policy, and the newly constituted NESG-OSiWA Debt Management Roundtable.
Oṣuwọn eto imulo owo (MPR) jẹ oṣuwọn anfani ti banki aringbungbun ṣeto lati le ni ipa lori itankalẹ ti awọn oniyipada owo akọkọ ninu ọrọ-aje (fun apẹẹrẹ awọn idiyele olumulo, oṣuwọn paṣipaarọ tabi imugboroosi kirẹditi, laarin awọn miiran). Oṣuwọn iwulo eto imulo ṣe ipinnu awọn ipele ti iyoku awọn oṣuwọn iwulo ni aje. Tẹtisi awọn amoye bi wọn ṣe wo oju-iwoye NESG 2021 Outlook Macroeconomic lakoko ti o ṣe akiyesi MPR, Ilera ati rogbodiyan ile-iṣẹ kẹrin.
The monetary policy rate is an interest rate that the central bank sets in order to influence the evolution of the main monetary variables in the economy (e.g. consumer prices, exchange rate or credit expansion, among others). The policy interest rate determines the levels of the rest of the interest rates in the economy. Listen to experts as they take a critical look at the NESG 2021 Macroeconomic Outlook while paying attention to the MPR, Healthcare and the fourth Industrial revolution.
NESG builds partnerships to ensure that its research-based advocacy impacts policy-making and reaches out to Nigerians of all walks of life. The NESG has over the years being consistent and tenacious in the delivery of advocacy to national and sub-national levels in an effort to foster effective policy enactment and implementation which has helped to improve transparency, accountability, and good governance in various sectors and issues, such as education, health, extractives, economic growth, and social inclusion.
Sports as a business is the off-field business of managing and facilitating sports activities. It involves all the business activities that make sport happen including team sponsorship, athlete management, TV rights, merchandising, sports marketing and so much more.
Sports as a business is the off-field business of managing and facilitating sports activities. It involves all the business activities that make sport happen including team sponsorship, athlete management, TV rights, merchandising, sports marketing and so much more.
Una welcome to NESG Radio. This na the ogbonge radio channel wey we dey bring sabi people to tuk solution to better the life of Nigerians.Today we get Wilson Erumebor. Wilson be Oga economist for the Nigerian Economic Summit Group. Wilson go yarn us sake of sey the ochara report wey NESG just carry comot. 2021 Macro Economic Outlook Report.Wilson welcome. Make we first sidon look Nigeria economy for the year two thousand and twenty. Nigeria chook head for anoda economic recession gbege since two thousand and sixteen. Market begin cost wey you dey call inflation rate. Money dey reduce for government kolo, wey oyinbo call external reserves, even naira begin dey call dollar oga, and other foreign money don cost pass naira. How we take find we country for dis gbege?
The NESG Macroeconomic Outlook identifies key priorities that are needed not only to lift the economy out of the current recession in the short term but also to put the economy on a foothold for sustained development. The report comes at a time when Nigeria is still grappling with its second recession in the space of four years
Welcome to the NESG Radio. It’s about dialogue to trigger ideas and chart a course for the growth of Nigerian lives and businesses. Weekly we speak with experts who have these ideas. The NESG, in its roles as a connector, dialogue partner, watchdog, and intervener, seeks to change the narrative and trajectory of the Nigerian economy. Together with our partners, we are not just solving problems but preventing them because when advocacy succeeds, the nation transforms for the better.