HeadlinesNews Stand NG

NESG: Economic growth must deliver jobs, higher incomes

NESG: Economic growth must deliver jobs, higher incomes
Photo courtesy of Vanguard News · Verified via News Stand NG
Source Attribution: Vanguard News

News Stand NG operates under ethical news aggregation guidelines. Source: Vanguard News. To read the unabridged investigative reporting and full gallery, visit the original publication.

Read Full Story on Vanguard News
AI Executive Briefing
Verified Synthesis~25s read
Olusanya made the call at the closing of the 32nd Nigerian Economic Summit (NES#32) in Abuja, saying: “Growth that delivers is growth whose impact is strongly felt. By Babajide Komolafe Chairman of the Nigerian Economic Summit Group (NESG), Mr. Omoboyede Olusanya, has called for a shift from measuring Nigeria’s economic progress by headline growth figures to delivering tangible improvements in jobs, incomes, productivity and living standards.
Context & Background
  • ✦“It means farmers earn more because their productivity has improved; manufacturers produce at lower cost; graduates find decent jobs; businesses access affordable financing; and children receive the nutrition and healthcare they need to thrive.” Introducing “Growth that Delivers” as the guiding principle of his tenure as NESG chairman, he said: “While recent reforms have helped restore macroeconomic stability, stability is only the starting point.
Key Figures & Named Entities
2026:On evidence-driven policy, he said: “We will strengthen our research and policy intelligence to produce rigorous, practical and costed recommendations linked to the National Development Plan 2026–2030.” On investment mobilisation, he pledged that the NESG would work with government, financial institutions and development partners to “turn policy ideas into bankable projects and mobilise capital into agriculture, manufacturing, infrastructure, technology, entrepreneurship and skills.” He also promised to expand economic opportunities across all regions and states, with greater attention to micro, small and medium enterprises (MSMEs) and the informal economy.
Outlook & Next Steps
Follow original publisher reporting for subsequent developments, official responses, and verified updates.
Key Takeaways
Verified Extract
  • ✦Olusanya made the call at the closing of the 32nd Nigerian Economic Summit (NES#32) in Abuja, saying: “Growth that delivers is growth whose impact is strongly felt.
  • ✦By Babajide Komolafe Chairman of the Nigerian Economic Summit Group (NESG), Mr. Omoboyede Olusanya, has called for a shift from measuring Nigeria’s economic progress by headline growth figures to delivering tangible improvements in jobs, incomes, productivity and living standards.
  • ✦“It means farmers earn more because their productivity has improved; manufacturers produce at lower cost; graduates find decent jobs; businesses access affordable financing; and children receive the nutrition and healthcare they need to thrive.” Introducing “Growth that Delivers” as the guiding principle of his tenure as NESG chairman, he said: “While recent reforms have helped restore macroeconomic stability, stability is only the starting point.
Key Facts:2026: On evidence-driven policy, he said: “We will strengthen our research and policy intelligence to produce rigorous, practical and costed recommendations linked to the National Development Plan 2026–2030.” On investment mobilisation, he pledged that the NESG would work with government, financial institutions and development partners to “turn policy ideas into bankable projects and mobilise capital into agriculture, manufacturing, infrastructure, technology, entrepreneurship and skills.” He also promised to expand economic opportunities across all regions and states, with greater attention to micro, small and medium enterprises (MSMEs) and the informal economy.
Editorial Excerpt

Chairman of the Nigerian Economic Summit Group (NESG), Mr. Omoboyede Olusanya, has called for a shift from measuring Nigeria’s economic progress by headline growth figures to delivering tangible improvements in jobs, incomes, productivity and living standards.

Frequently Asked Questions About This Story

What is the latest development regarding Federal Capital Territory?

Olusanya made the call at the closing of the 32nd Nigerian Economic Summit (NES#32) in Abuja, saying: “Growth that delivers is growth whose impact is strongly felt.

Who are the key organizations or public figures mentioned?

The primary parties identified in this coverage include Federal Capital Territory.

What timeline or key figures were confirmed?

On evidence-driven policy, he said: “We will strengthen our research and policy intelligence to produce rigorous, practical and costed recommendations linked to the National Development Plan 2026–2030.” On investment mobilisation, he pledged that the NESG would work with government, financial institutions and development partners to “turn policy ideas into bankable projects and mobilise capital into agriculture, manufacturing, infrastructure, technology, entrepreneurship and skills.” He also promised to expand economic opportunities across all regions and states, with greater attention to micro, small and medium enterprises (MSMEs) and the informal economy.

Related Topics & Entities

More Coverage on This Story