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NES 32 to Drive National Dialogue on Jobs, Productivity, Shared Prosperity

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By Ayanyinka Ayanlowo

Nigerian Economic Summit to Chart the Next Phase of Nigeria’s Economic Transformation
The Nigerian Economic Summit Group (NESG) has announced the 32nd Nigerian Economic Summit (NES #32), scheduled to hold on 26–27 October 2026 at the Transcorp Hilton Hotel, Abuja, under the theme: “Growth that Works: Delivering Jobs, Productivity and Shared Prosperity.

At a critical moment in the nation’s economic journey, the Summit will convene policymakers, business leaders, development partners, investors, civil society organisations, and young Nigerians in charting a practical pathway from economic stabilisation to investment-led growth, productive enterprise, quality jobs, and broad-based prosperity.

Over the past three years, Nigeria has implemented significant macroeconomic reforms aimed at restoring fiscal sustainability and strengthening economic fundamentals. Whilst these reforms have laid an important foundation for long-term growth, the challenge now is ensuring that economic progress translates into tangible improvements in the lives of citizens.

This year’s summit theme reflects national priority. The Summit will focus on how Nigeria can move beyond growth measured solely by economic indicators and deliver growth that creates jobs, improves productivity, raises incomes, reduces poverty, and expands opportunities across all regions of the country.
From Stabilisation to Shared Prosperity
Nigeria possesses immense economic potential. With a population exceeding 220 million people, abundant natural resources, a growing entrepreneurial class, and a youthful workforce, the country has the ingredients required to become one of the world’s leading emerging economies.
Yet millions of Nigerians continue to face unemployment, low productivity, limited economic opportunities, and vulnerability to shocks. Economic growth remains essential, however growth alone is no longer sufficient. The true measure of progress lies in whether economic expansion creates meaningful employment, strengthens businesses, improves household welfare, and delivers prosperity that is widely shared.
NES#32 will therefore focus on strengthening the link between macroeconomic reforms and outcomes that matter most to Nigerians: jobs, productivity, income growth, and improved living standards.
Five Strategic Dialogue Tracks
To advance the overarching theme, NES #32 will adopt a performance-driven dialogue architecture built around five interconnected sub-themes designed to address the key dimensions of inclusive and sustainable economic transformation.
Work Nigeria will explore strategies for building a job-rich economy capable of absorbing Nigeria’s rapidly growing workforce through labour-intensive sectors, MSME development, workforce readiness, and stronger labour market systems.
Produce Nigeria will focus on strengthening productivity through industrialisation, innovation, investment promotion, digital transformation, and the development of competitive value chains across agriculture, manufacturing, and services.
Invest Nigeria will seek to examine how targeted investments in people and systems can reduce poverty, expand access to essential services and economic opportunities, strengthen social protection architecture, and build the resilience of vulnerable populations to economic and environmental shocks.
Scale Nigeria will explore how growth can be expanded across states, sectors, and communities by strengthening subnational competitiveness, regional value chains, infrastructure, and local investment coordination.
Secure Nigeria will address strategies for protecting critical economic assets, restoring confidence in production zones, improving access to farmlands, safeguarding infrastructure, and creating a secure environment for investment and enterprise growth.
Anchoring Dialogue Around Three Pillars
To ensure focused and outcome-driven deliberations, discussions at NES #32 will be anchored around three interdependent pillars: Productivity, Human Capital, and Resilience. These pillars will guide conversations on how Nigeria can improve competitiveness and efficiency, equip citizens with the skills needed for a modern economy, and strengthen social and economic systems capable of withstanding domestic and global shocks.
Advancing a National Growth Agenda
This year the 32nd edition of the summit will seek to generate actionable policy recommendations and build consensus around a new phase of economic transformation focused on driving jobs-rich growth through agriculture, manufacturing, infrastructure, and the digital economy; raising productivity and competitiveness through innovation, improved infrastructure, and regulatory efficiency; strengthening the investment climate to attract domestic and foreign investment; advancing human capital development to align workforce skills with labour market demand; and expanding economic opportunities while reducing poverty across regions and communities.
The Summit is expected to produce concrete policy directions that strengthen the connection between economic reforms, enterprise growth, employment generation, and household welfare outcomes.
A Call for Collective Action
The scale of Nigeria’s economic opportunity requires collaboration across sectors and institutions. Government, the private sector, development partners, academia, labour organisations, civil society, and young people all have critical roles to play in shaping a future where growth delivers measurable benefits for every Nigerian.
NES #32 provides a unique platform for these stakeholders to engage in evidence-based dialogue, forge strategic partnerships, and develop solutions capable of accelerating inclusive economic transformation.
As Nigeria enters the next phase of its development journey, the Summit will serve as a national platform for answering one fundamental question: How can economic growth work better for Nigerians?
The answer will shape the country’s path toward a future defined by jobs, productivity, resilience, and shared prosperity.
About the Nigerian Economic Summit Group (NESG)
The Nigerian Economic Summit Group (NESG) is Nigeria’s foremost private sector-led policy advocacy and think tank organisation. For over three decades, the NESG has provided a credible platform for public-private dialogue, shaping policies and strategies that drive Nigeria’s economic progress. The annual Nigerian Economic Summit remains the premier gathering of business leaders, policymakers, and development stakeholders committed to Nigeria’s transformation.

  • Ayanlowo is Head, Strategic Communication and Advocacy (NESG)

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2026 International Democracy Day: Group Tasks NASS on Special Seat Bill

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By Laide Akinboade, Abuja

League of Women Voters
of Nigeria (NILOWV) on Tuesday, tasks the National Assembly on the quick passage of Special Seat bill for women and people with disability.

The President of NILOWV, Hon.

Irene Awunah-Ikyegh, stated this while briefing the media in commemoration of 2026 International day of Democracy, in Abuja.

She lamented that no nation can claim to leave a lasting democratic legacy without it’s commitment to inclusive democracy that include women and people with disabilities.

She there begged NASS not to waste the opportunity but to make history, the opportunity to tell the daughters of
Nigeria that Parliament sees them, the opportunity to tell young women that their political aspirations
are legitimate, the opportunity to strengthen our democracy.

She said, “The Special Seats Bill presents an opportunity to leave a lasting democratic legacy. The question is not
whether Nigerian women are asking for too much. The question is whether Nigeria can continue to
claim that it is committed to inclusive democracy while women remain so dramatically
underrepresented.

“You have the opportunity to make history, the opportunity to tell the daughters of
Nigeria that Parliament sees them, the opportunity to tell young women that their political aspirations
are legitimate, the opportunity to strengthen our democracy. Please, do not waste this opportunity”.

She noted that, “This day is not merely a day for speeches, ceremonies and declarations. It is a day for reflection. It is a day to ask difficult questions. It is a day to examine whether the democracy we practise truly reflects the aspirations of the people. It is a day to ask whether every citizen has a meaningful opportunity to participate. It is a day to ask whether our institutions are working. It is a day to ask whether our political
parties are truly democratic. And, most importantly for us at NILOWV, it is a day to ask whether Nigerian women who constitute approximately half of our population are being given a fair and meaningful opportunity to participate in political leadership and decision-making”.

She lamented, “The final list of National Assembly candidates provides us with a sobering picture. There are 4,408
candidates contesting for seats in the Senate and House of Representatives. Of this number: 3,965 are
men while only 443 are women. Women therefore constitute approximately 10 percent of the candidates, while men constitute approximately 90 percent. This means that, for roughly every one
woman appearing on the National Assembly ballot, there are about nine men.

“These figures are more than statistics they represent the continuing imbalance in access to political power. They tell us that although Nigerian women are participating in the political process, the pathway from participation to actual political power remains extremely difficult and this is where we must
distinguish between participation and representation.

“Women may constitute a large proportion of voters Women may attend political meetings. Women may
mobilise communities. Women may campaign tirelessly. Women may provide food, logistics and
grassroots structures during elections.

“Women may even constitute the majority of volunteers in some
political activities but when it comes to the point at which tickets are allocated, resources are distributed and candidates are selected for elective office, the numbers suddenly collapse.

“That is the problem Women are often visible in political mobilisation but invisible in political power that
is not equality that is not inclusion and that is not the democracy Nigeria should be proud of” .

She decries, “We must humanise these figures. Behind the 443 women on the ballot are hundreds of Nigerian women
who have decided that they are ready to serve but behind the thousands of women who are not on the
ballot are also stories. There is the woman who wanted to contest but could not afford the nomination
and expression-of-interest fees. There is the woman who had the qualifications but lacked the political
godfather.

“There is the woman whose party told her to wait. There is the woman who was encouraged to contest but later discovered that the ticket had already
been informally allocated. There is the woman who was told that she could serve better as a campaign
mobiliser than as a candidate. There is the woman who was warned that politics is too dangerous for
her.

“There is the woman who was threatened. There is the woman who was sexually harassed. There is
the woman who was subjected to online abuse.There is the woman who was told that she was too ambitious. There is the woman whose competence
was questioned simply because she is a woman and there are women who have watched all these
experiences and quietly concluded:
“Perhaps politics is not for people like me.”

She therefore concluded by urging every Nigerian not to give up on democracy, ‘Instead, demand a better democracy.
Democracy belongs to citizens. If we withdraw, others will’.

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Abia Targets UNESCO Recognition of Heritage Sites

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The Abia Government has elevated selected cultural and natural sites to state heritage and monuments as part of efforts to position them for recognition as UNESCO World Heritage Sites.

Commissioner for Information, Okey Kanu, said this while briefing newsmen on the outcome of the State Executive Council meeting on Monday in Umuahia.

Kanu said the State Executive Council had approved the declaration of selected heritage and natural sites as state heritage and monuments to strengthen their preservation and promotion.

He said the approved sites included the National War Museum, Ojukwu Bunker and Government College, all in Umuahia, as state monuments.

He also listed the Ibom Waterfall in Arochukwu and Ulochukwu Caves at Alayi Bende as state natural monuments.

According to him, the elevation of the sites would enhance their tourism potential and position them for possible recognition as UNESCO heritage sites.

Kanu also announced the designation of Aba as a Creative and Innovative City, saying the move was part of efforts to promote the state’s cultural, creative and tourism potential.

He further said that the retrofitting of the Ojukwu Bunker and National War Museum had reached about 80 per cent completion and was expected to be completed before the end of 2026.

The commissioner said that the projects, when completed, would enhance the preservation and historical value of the sites, improve visitor experience and increase their tourism potential.

Kanu said the Ministry of Arts, Culture and Creative Economy had commenced the development of the Ibom Waterfall Tourism Corridor in Arochukwu.

He said that initial development works, including the grading of access roads to the waterfall, had commenced, adding that the project was expected to be completed before the end of 2026.

According to him, the project is expected to unlock additional tourism and economic opportunities in the state.

He said that the ministry had also commenced the erection of monuments at strategic locations across the state to preserve Abia’s heritage and honour its heroes and heroines.

Kanu said one of the monuments would honour the heroines of the 1929 Aba Women’s Uprising, celebrating their courage, resilience, resistance and leadership.

The commissioner said that the initiatives reflected the state government’s broader efforts to preserve its historical and cultural assets while using them to drive tourism and economic development.

On tax rates in the state, Kanu said the rates being circulated were not new, adding that most dated back to 2020 and were introduced by the previous administration.

He said that the Abia Board of Internal Revenue could not increase tax rates without enabling laws and that no such increase had been introduced by the board.

Kanu also dismissed reports that an akara seller was paying N50, 000 in tax, describing the claim as false.

“Akara sellers don’t pay tax or levies, they pay daily tolls, and none can pay as high as N50, 000,” he said.

On gratuity payments, Kanu said that the state government had paid the batch covering 2001 to 2010, while preparations covering 2011 to 2025 were being processed.

He dismissed claims that the government was compelled by the opposition to commence gratuity payments, describing the narrative as misleading.

He explained that the government had incorporated gratuity provisions into its 2026 to 2030 Medium-Term Expenditure Framework to ensure that future arrears did not accumulate.

“This does not translate to the payments being terminated in 2031.

“So, as soon as the internal processes are done with, these payments will continue at pace and in batches,” Kanu said.(NAN)

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TCN Announces Annual Maintenance at Ajaokuta Transmission Substation

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The Transmission Company of Nigeria (TCN) has announced an annual preventive maintenance of its 330/132 Kilo Volt (kV) at Ajaokuta Transmission Substation.

It said that the maintenance was scheduled to take place on Tuesday from 9am to 4pm.

The management of the company announced this on its X handle in Abuja on Tuesday.

According to TCN, the exercise will enable its crew to carry out preventive maintenance on the 162 MegaVolt Ampree (MVA), 330/132kV power transformer, associated switchgear and ancillary equipment in the substation.

It said that the Abuja Electricity Distribution Company (AEDC) would be unable to off-take electricity to its customers in Ekirin, Omuo, Ibillo, Akoko, Ogala, Ikare, Magongo, Okene Town, Ayere, Kabba and environs during the period.

”Similarly, Benin Electricity Distribution Company (BEDC) will be unable to off-take electricity to its customers in Okpella Town, BUA Cement Company, West African Fertiliser Company, Dibeks Milling Company, and Edestein Company.

”Other areas to be affected include the Freedom Group Company, Ososo, Uluoke, Iyora, Apana, Okpekpe, Arigidi, Ikare Town, Lampese, Igara, Oka and environs,” it said.

The company said that power supply would be restored to the affected areas upon completion of the exercise.

It also apologised for the inconvenience the planned maintenance would cause affected electricity customers, and appreciated their understanding and cooperation.(NAN)

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