Co-funded by the European Union

Outcomes from the 3rd Nigeria Employers Summit 2024

  • The 3rd Nigeria Employers' Summit, organised by the Nigeria Employers' Consultative Association (NECA), convened on 25-26 June 2024.
  • It brought together key stakeholders to discuss "Economic Renaissance: Harnessing Government Reforms and Private Sector Agility."

The summit saw the participation of high-profile government officials, including the Honourable Minister of State for Labour and Employment, Hon. Barr. Nkeiruka C. Onyejeocha, and the Special Adviser to the President on Economic Affairs, Dr. Tope Fasua, among others.

The summit underscored the potential benefits of a collaborative approach between the government and the private sector to drive economic growth and development. It highlighted the importance of defining clear roles and providing incentives for private sector engagement in achieving national development goals, offering a promising vision for the future.

One of the primary discussions centered around the expansion of ICT infrastructure. With the digital age transforming business operations, enhancing digital literacy and promoting e-governance are pivotal steps towards creating a more efficient and transparent business environment. This move is expected to attract investments and foster innovation and competitiveness among Nigerian enterprises.

Moreover, the summit stressed the need for a robust infrastructure to support industrial growth, establishing a comprehensive framework that ensures the rule of law and an enabling environment for businesses. The private sector's collaboration with the government in these areas is crucial for creating a stable and attractive investment climate.

Another significant theme was the importance of public-private partnerships. By exploring collaborative ventures, both sectors can leverage their strengths to drive job creation, skills development, and enterprise sustainability. This collaborative approach is essential for building a resilient economy withstanding global economic shifts.