A robust national economy is often desired by most countries and is identified as a strong pillar for national development. The Nigerian case is not different as rhetorics at the commencement of each government often centres around plans on how to make the best of the country’s macro economy; thereby engendering national development. But the reality is that the Nigerian economy seldom maintains an upward trajectory rather; it is often bedevilled by fluctuations which in an extreme case leads to economic recession as witnessed between August 2016 and September 2017.
With Nigeria’s recent exit from recession, the Ibadan School of Government and Public Policy (ISGPP) have decided to dedicate the Seminar Series that starts year 2018, with a conversation focusing on the National Economy. This seminar is to comprehensively examine the emergence of the Nigerian Economy from recession and its trajectory towards sustainable, rapid and inclusive growth. The seminar aims to identify the key stages in this journey, the challenges to be faced and the available opportunities it presents. It also aims to interrogate the existing approach and policy framework for managing the expected challenges and exploiting the said opportunities.
ISGPP is pleased to note that this month’s seminar will be chaired by Prof. Ademola Oyejide (Emeritus Professor of Economics, University of Ibadan). Dr Ayo Teriba (Member, Board of Economists and CEO, Economic Associates) will deliver a lead paper which will be interrogated by panellists led by Amb. Dr Adeyemi Dipeolu (Economic Adviser to the President, Federal Republic of Nigeria).
The seminar will discuss the evolution of the problems, evaluate the priorities, but concentrate on the three overriding economic reform priorities before the country today namely:
- Government revenue reforms
- Financial sector reforms
- Infrastructure reforms
The lead paper will presents facts, analysing the problems we must solve to engender a robust national economy and will propose options for solving the problems in each of the three priority areas. Furthermore, the three panel discussions which will be anchored and led by experts drawn from the academia, government, private sector and donor community; is expected to reach consensus on the feasible options for the strengthening the national economy and to conclude with initial sketches of reform roadmaps.
Therefore, the seminar is expected to incubate ideas and generate policy suggestions that can ensure that Nigeria avoids another downward trajectory as regards the national economy.
Details of the event are as follows:
Date: Wednesday, 31st January, 2018
Time: 9 am
Venue: ISGPP premises, No 24, Awolowo Road, Bodija, Ibadan. Oyo State, Nigeria