NESG's Tayo Adeloju Calls for Economic Transformation

The Nigerian Economic Summit Group (NESG), under the leadership of Chief Executive Officer Tayo Adeloju, has called for Nigeria to leverage its recent economic reforms to foster productive investments, job creation, and improved incomes. Speaking in Abuja ahead of the 32nd Nigerian Economic Summit, Adeloju highlighted that while reforms such as subsidy removal and exchange-rate unification have restored macroeconomic stability, they must now translate into tangible benefits for businesses and households.

He stated that the focus should shift from mere stabilization to transformation, emphasizing the need for a productive economy. The summit, themed ‘Growth that Works: Delivering Jobs, Productivity and Shared Prosperity,’ is set for October 26-27 at the Transcorp Hilton Hotel and will gather various stakeholders to discuss Nigeria's economic challenges.

Adeloju outlined five key areas of focus: Work Nigeria, Produce Nigeria, Invest Nigeria, Scale Nigeria, and Secure Nigeria, aimed at addressing issues such as employment gaps, production capacity, and insecurity.