DAY1 (A) _25th NIGERIAN ECONOMIC SUMMIT - NIGERIA 2050: SHIFTING GEARS

#NES25 #NESG #Nigeria2050ShiftingGears

By 2050, the United Nations estimates that Nigeria’s population will double. Combined with data which shows rising incidence of unemployment and underemployment, Nigeria may be faced with an unsustainable demographic growth made up of predominantly young unemployed/underemployed Nigerians. The counterfactual is also true that the dominant young working-age population on the continent will be resident in Nigeria making it possible for the development of human capital to translate into greater national productivity and growth. Consequently, the challenge of sustainable peace and security becomes more complex. Socio-economic growth is the bedrock of national development and insecurity erodes the confidence, peace and enabling environment that is critical to achieving real tangible and substantial economic growth and development. NES 25 will bring stakeholders in private sector, public sector, social sector, politics, civil society, academia, international organisations and diplomatic community together to create a unifying narrative for setting a long-term national agenda that will be led by the private sector. ON THE AGENDA Discussions at NES 25 will be anchored on the following 4 sub themes: Achieving rapid industrialization: The Fourth Industrial Revolution is unleashing new technologies that enable industries to create new methods and significantly disrupt existing industry value chains. Transforming education: The foundation of all successful modern nations is a functional and future ready education system that ensures the employability of the workforce. Managing demography: If population growth continues to outpace economic growth, it could trigger several consequential implications that will be exacerbated by other factors of migration and displacement. Sustainable peace and security: There are several existential threats and central to our development agenda is eliminating all forms of threat to national security that militate against our economic potential. 5 Plenary Sessions  “Competing with the Giants”  “Nigeria in 2050: Boom or Bust”  “Leadership in 2050: Sharing Insights with Emerging Leaders”  “Shared Prosperity"  “The Road Ahead" For more information visit: https://www.nesgroup.org/nes25 Also follow us on all our social media channels: Facebook: https://www.facebook.com/officialNESG Twitter: https://www.twitter.com/officialNESG Instagram: https://www.instagram.com/officialnesg/ LinkedIn: https://www.linkedin.com/company/the-nigerian-economic-summit-group/

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