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Nigeria's Path to a Bright Economic Future Sparks Reflections
Nigeria's Path to a Bright Economic Future Sparks Reflections
Sputnik Africa
In response to the ongoing challenges in the global economic landscape, which have affected many regions, Nigeria has adopted an innovative approach by... 01.11.2025, Sputnik Africa
2025-11-01T14:19+0100
2025-11-01T14:19+0100
2025-11-01T14:19+0100
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Nigeria's Path to a Bright Economic Future Sparks Reflections
Sputnik Africa
In response to the ongoing challenges in the global economic landscape, which have affected many regions, Nigeria has adopted an innovative approach by fostering policy-driven dialogues on growth and development, positioning the country to develop effective strategies for the future.
Since 1999, the Nigerian Economic Summit has served as a key forum where government, business leaders, and civil society come together to address the nation’s deep structural challenges. The 31st edition (NES 31), themed “The Reform Imperative: Building a Prosperous and Inclusive Nigeria by 2030,” underscored the urgent need for sustained institutional reforms to secure long-term growth. More than just a venue for dialogue, the Summit provides a space for building consensus, shaping public policy, and strengthening the private sector’s role in national development. Its influence extends beyond conversation: outcomes from the Summit have consistently informed policy decisions and driven collaborative initiatives across Nigeria’s development agenda.African Currents spoke with Mazi Sam Ohuabunwa, a pioneer board member, on how the Nigerian Economic Summit Group has influenced economic policy over the past 26 years since inception in 1999.Want to hear more from our guest? Catch the full conversation on the African Currents podcast, brought to you by Sputnik Africa.You’ll find our episodes not just on the website, but also on Telegram.► You can also stream our podcast on Apple Podcasts, Spotify, Deezer, Pocket Casts, Afripods, Podcast Addict.► Check out all the episodes of African Currents.
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Nigeria's Path to a Bright Economic Future Sparks Reflections
In response to the ongoing challenges in the global economic landscape, which have affected many regions, Nigeria has adopted an innovative approach by fostering policy-driven dialogues on growth and development, positioning the country to develop effective strategies for the future.
Since 1999, the Nigerian Economic Summit has served as a key forum where government, business leaders, and civil society come together to address the nation’s deep structural challenges. The 31st edition (NES 31), themed “The Reform Imperative: Building a Prosperous and Inclusive Nigeria by 2030,” underscored the urgent need for sustained institutional reforms to secure long-term growth.
More than just a venue for dialogue, the Summit provides a space for building consensus, shaping public policy, and strengthening the private sector’s role in national development. Its influence extends beyond conversation: outcomes from the Summit have consistently informed policy decisions and driven collaborative initiatives across Nigeria’s development agenda.
African Currents spoke with Mazi Sam Ohuabunwa, a pioneer board member, on how the Nigerian Economic Summit Group has influenced economic policy over the past 26 years since inception in 1999.
"You cannot decree the economy to go one way or the other. Every economic policy, every economic decision, every pronouncement has an economic consequence. And economy only moves in the direction that your policies direct it [...]. So, we are focused on on ensuring that we influence leadership thinking, leadership understanding and persuaded government to begin to think medium to long term. The concept of visions, the concept of economic planning, not just reacting [...]. Actually, it's one of our core objectives to keep a level of continuity of policy. After each summit, the policy commissions, which are manned by people from private and public sector continue discussions," Mazi Ohuabunwa stated.
Want to hear more from our guest? Catch the full conversation on the African Currents podcast, brought to you by Sputnik Africa.
You’ll find our episodes not just on the website, but also on
Telegram.► Check out all the episodes of African Currents. 
