NESG Raises Alarm on Unemployment Ahead of Summit

The Nigerian Economic Summit Group (NESG) has raised alarms regarding the persistent issues of unemployment, low productivity, and limited economic opportunities affecting millions of Nigerians. This announcement comes as the country prepares for the 32nd Nigerian Economic Summit (NES#32), scheduled for October 26-27, 2026, at the Transcorp Hilton Hotel in Abuja.

The summit, themed “Growth that Works: Delivering Jobs, Productivity and Shared Prosperity,” will gather policymakers, business leaders, investors, development partners, civil society organizations, and young Nigerians to discuss translating economic reforms into improved living standards. NESG noted that despite significant macroeconomic reforms over the past three years aimed at restoring fiscal sustainability, the challenge remains to ensure that economic growth benefits citizens.

With a population exceeding 220 million, Nigeria has potential for economic transformation, yet millions still face unemployment and vulnerability to economic shocks. The summit will focus on five strategic dialogue tracks: “Work Nigeria,” “Produce Nigeria,” “Invest Nigeria,” “Scale Nigeria,” and “Secure Nigeria,” addressing various aspects of economic growth and job creation.