NECA to Host Lecture on Nigeria's $1 Trillion Economy Goal

The Nigeria Employers’ Consultative Association (NECA) announced the 42nd Omolaloye Management Lecture, scheduled for next week in Lagos. The lecture, themed ‘$1tn economy: What it will take Nigeria to achieve the goal’, aims to address the challenges enterprises face, including skill gaps and the need for improved productivity and resilience.

NECA's Director-General, Adewale-Smatt Oyerinde, represented by Deputy Director, Legal, Thompson Akpabio, stated that the event would stimulate discussions on management practices and institutional strength. Oyerinde highlighted that Nigeria's economic progress relies on sound policy, investment, and quality leadership within organizations.

He noted the significance of the media in communicating economic issues. The lecture honors Dr. Michael Omolayole, NECA's 10th President from 1980 to 1986, recognizing his contributions to management and enterprise development.

Marcel Mba, President of AIESEC Alumni Nigeria, pointed out that only 21 countries have economies exceeding $1 trillion, with none in Africa, raising concerns about Nigeria's economic status.