NESG's Olusanya Advocates for Growth That Delivers Jobs

The Nigerian Economic Summit Group (NESG), under the leadership of incoming chairman Omoboyede Olusanya, has cautioned that while Nigeria has made strides in achieving macroeconomic stability, this should not be confused with true prosperity. Speaking at the conclusion of the 32nd Nigerian Economic Summit in Abuja, Olusanya stressed that the next phase of economic management must focus on growth that generates jobs, enhances productivity, and raises living standards for Nigerians.

He introduced the principle of "Growth that Delivers," advocating for measurable outcomes in employment, income, and social wellbeing rather than merely relying on macroeconomic indicators. Olusanya acknowledged the importance of recent reforms in stabilizing the economy but insisted that these reforms must translate into tangible benefits for citizens.

He highlighted the need for growth to be assessed based on its impact on various sectors, including agriculture, manufacturing, and education, urging policymakers to consider who benefits from economic growth and how quickly these benefits are realized.