Nigerian Economic Summit Group (NESG)

NESG tasks NASS over speedy passage of 14 economic bills

By Cecilia Ologunagba

Abuja –  The organisers of the 23rd Nigerian Economic Summit (NES#23), Nigerian Economic Summit Group (NESG), have urged the National Assembly to speedily pass the pending 14 economic bills before the 2018 Economic Summit.

NESG’s Chief Executive Officer, Mr Laoye Jaiyeola, made the call at a news conference to mark the end of the NES#23 on Thursday in Abuja.

He said that the NESG had been working with the National Assembly on the bills.

They include the National Transport Commission Bill, Federal Roads Bill, National Roads Fund Bill, Nigerian Ports and Harbour Bill and Nigerian Inland Waterways Bill.

Others include Federal Competition and Consumer Protection Bill, National Independent Warehouse Regulatory Agency Bill, National Payment Systems Bill.

He said the group would like to see those bills were passed so that the President could sign them into law.

“They have tremendous implication for business if passed and signed into law,’’ he said.

Secondly, he said that NESG would want to see speed in the way of doing business in the country.

“Also, we what to see Executive Order around ease of doing business.

“We want to see it so that we can facilitate as much foreign and domestic capital needed for economic growth.’’

Earlier at the closing ceremony, the Chairman of NESG, Mr Kyari Bukar, announced the winners of the top three startups for young entrepreneurs.

He said that the winner was “Elnonel’’, who presented a business proposal on peanut and he left with a cheque for 15,000 dollars.

The Chairman said that the “Accontier’’ won the 2nd position and got a cheque for  10,000 dollars while 3rd position went to “my paddy.ng’’ which left with a cheque of 5,000 dollars.

Bukar said it was the first time NESG would hold Startups Pitching Event for entrepreneurs.

“The event was aimed connecting Nigerian entrepreneurs seeking to raise funds with potential investors.

“The portal for submission of applications was opened on Sept. 1, and by the closing date of Sept.  22, we received 263 applications across the length and breadth of the country.

“The first level screening reduced the number to 31 and the adjudication process brought it further down to 11 and to eight and finally to three,’’ Bukar said.

NESG has evolved into the leading advocate for the reform of the Nigerian economy into an open and global competitive market.

The summit is designed to facilitate public-private dialogue towards accelerated national development.

The first edition of the Nigerian Economic Summit was held in 1993.

It has remained the most robust and credible platform for the integration of the national economic policy direction and the economic growth strategies designed to address the challenges of current times. (NAN)

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