NESG Calls for Investment to Boost Nigeria's Economy

The Nigerian Economic Summit Group (NESG) has stated that Nigeria must advance beyond macroeconomic stabilization to unlock significant investments in real and human capital to create jobs, enhance productivity, and achieve shared prosperity. In their policy document for the 32nd Nigerian Economic Summit (NES #32), the NESG highlighted that investment levels remain insufficient despite recent reforms.

They identified persistent investment gaps due to infrastructure deficits, limited access to long-term finance, regulatory uncertainty, and high business costs. The NESG emphasized that while reforms to stabilize the macroeconomic environment are essential, the next challenge is to convert this stability into productive investments that expand businesses and improve living standards.

The summit, scheduled for 26 and 27 October 2026 in Abuja, will focus on mobilizing capital for economic expansion and investing in human capital. Key sectors for investment include agriculture, manufacturing, infrastructure, technology, energy, mining, logistics, and the creative economy, with particular attention to Micro, Small and Medium Enterprises (MSMEs).