President Muhammadu Buhari is to receive the suggestions of the Nigerian Economic Summit Group on how to revamp the economy soon, the Minister of Finance, Budget and National Planning, Zainab Ahmed, stated.
She said this at a press briefing in Abuja where the NESG presented the proposals that were put together from its 26th National Economic Summit.
“We will transmit the recommendations to the President and in deed make the report of this summit available to the Federal Government,” Ahmed stated.
She further stated that the government would put in place strategies that would allow for the enactment of the suggestions in ministries, departments and agencies.
The proper execution of the directions would go a long way in reworking the Nigerian economy, particularly after the devastating effects of the COVID-19 plague, the Chairman, NESG, Asue Ighodalo, started.
He stated the suggestions made as : empowerment Nigerian youths, as he urged the government to tackle youth unemployment, underemployment, employability, and entrepreneurship.
He said, “There is the need to re-skill and up-skill youth in labour market, transition them from informal to formal economy and boost their participation in the gig economy.
“Government should conduct an impact examination of previous youth empowerment programmes, partner the private sector to co-create investment funds that will be managed by private sector and designated for empowering young people.”
Ighodalo advised that Nigeria’s education curriculum should be evaluated and include entrepreneurship as a key part of learning in schools.
The NESG boss said all governments must lead the way in proactively guiding the country towards recovery and stability.
This, he said, should be by broadening economic chances for all Nigerians through sound strategies, strong institutions, and responsible public investments, especially pro-poor enterprises.