The incoming Chairman of the Nigerian Economic Summit Group (NESG), Omoboyede Olusanya, has called on the Federal Government to ensure that economic growth translates into more jobs, higher incomes, and improved living standards for Nigerians.
Olusanya made the call at the closing of the 32nd Nigerian Economic Summit (NES#32), held at the Transcorp Hilton Hotel, Abuja, on October 26 and 27, 2026.
He said Nigeria should move beyond measuring economic progress through growth figures and focus on how economic policies improve the lives of citizens.
Introducing “Growth that Delivers” as the guiding principle of his tenure, Olusanya said recent economic reforms had helped restore macroeconomic stability but stressed that more needed to be done to ensure Nigerians benefit from the gains.
He explained that meaningful growth should enable farmers to earn more, manufacturers to reduce production costs, graduates to secure decent jobs, and businesses to access affordable financing.
Olusanya also pledged to strengthen accountability by ensuring that commitments made at the summit have clear timelines, measurable targets, and designated persons responsible for implementation.
He said the NESG would strengthen its policy research, mobilize investments in key sectors, including agriculture, manufacturing, infrastructure, and technology, and expand economic opportunities for small businesses across the country.
The NESG chairman urged governments at all levels to sustain economic reforms, reduce electricity and transportation costs and provide predictable policies that support businesses.
He also challenged private-sector leaders to invest, improve workers’ skills, pay fair wages, and create productive jobs.
Olusanya called on young Nigerians to acquire relevant skills and build businesses, while urging civil society organizations to monitor government commitments and promote the interests of underserved communities.
The summit, themed “Growth that Works: Delivering Jobs, Productivity, and Shared Prosperity,” brought together government officials, business leaders, investors, and development partners to discuss Nigeria’s economic priorities.
