The Nigerian Economic Summit Group (NESG) and the Nigerian Employers’ Consultative Association (NECA) have both expressed support for President Bola Ahmed Tinubu’s administration’s aspirations to complete an eight-point agenda in three years.
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, previously told BANKPAWA that FEC had established eight priority areas to deliver for Nigerians in the next three years during the first meeting of the Federal Executive Council presided over by the President.
As reported by the BBC on Tuesday, in response to the news, NESG CEO Dr. Tayo Aduloju stated the federal government’s unveiled plans would lead the country out of the woods provided they were rigorously followed.
Aduloye asked the new ministers to refocus and fine-tune policies that would set the country’s economy on the route to prosperity during the next three months.
The next three years should be spent in execution mode, not “review mode,” he said, urging the cabinet to use the mid-point review of the National Development Plans and the Sustainable Development Goals to “recalibrate the country for success” by finishing the fine-tuning of policies and repositioning of institutions in the next three months.
Mr. Adewale-Smatt Oyerinde, Director-General of NECA, made a similar request, emphasizing the need for government coordination in order to carry out the agenda.
To prevent “getting caught up in inter-ministerial misalignments and narrow implementation,” as was seen under previous administrations, “we urge that strong coordination efforts should be put in place,” he stated.