NESG CEO on how Nigeria can reposition for growth

The 26th Nigerian Economic Summit, scheduled to hold this month, aims to facilitate discussions with key policymakers on the state of the economy and strategies to reshape Nigeria's economic fundamentals amidst the global pandemic. Laoye Jaiyeola, CEO of the Nigerian Economic Summit Group, recently engaged in an interview with CNBC Africa's Kenneth Igbomor to shed light on the objectives of the summit and provide insights on Nigeria's economic landscape. The discussion touched on critical issues such as collaboration among stakeholders, challenges in the fiscal and monetary sectors, and strategies to enhance revenue beyond oil dependency. Jaiyeola emphasized the need for public-private partnerships, regional engagement, and technology-driven solutions to drive sustainable growth and address pressing economic concerns. As Nigeria prepares for the presentation of the 2021 budget to the National Assembly, stakeholders are urged to focus on long-term policy frameworks, performance evaluation, and effective budget implementation to foster economic resilience and attract investments.