In a bid to reposition the country's economy in the upcoming, Nigeria's presidency has to organised a very crucial technical workshop and a review of the economy in the outgoing year.
The event in Abuja had in attendance policy makers, the academia, business world and technocrats.
It had as the topic, "Achieving Faster Economic Growth in Year 2025 and Beyond" and was an opportunity to also x-ray the high points of the economy, shortfalls in the 2024, then make a projection into the 2025 and beyond.
The Special Adviser to the President, office of the Vice President on Economy, Sadiq Jambo who in collaboration with his colleagues spearheaded the technical workshop and review noted that it was aimed at encouraging and inspiring economic agents in the private and public sector towards achieving enhanced growth and economic development.
According to him, the robust and far-reaching discussions held at the economic review will form the basis of economic direction of the government in the new year.
He expressed happiness that President Bola Tinubu has put mechanism in place to increase oil production capacity per day, which at the moment is at 1.8m bpd.
He said the new gas utilization will not only fight inflation but reduce unemployment rate and get young Nigerians meaningfully engaged.
"The richness of our country in gas has visibly brought a renewed hope to our countrymen and women, transforming their livelihoods and living standards.
"Our roads today are dotted by gas-powered vehicles, which is attributable to the well thought out policies of His Excellency, President Bola Tinubu.
"The values chain, beyond reduction of cost of transportation will also translate to availability of food in the city as more farmers will be able to bring out their produce to the market", he stated.
"Our refining capacity is undergoing a renaissance, with the Dangote refinery completed and the Port Harcourt refinery refurbished, Nigeria is on the verge of achieving what seemed like a distant dream, reducing our dependence on imported fuel.
"While we must acknowledge these historic reforms by, of course, untold droves within the larger population, but dare say it's a temporary and even necessary", he said.
He applauded the federal government for critical steps taken towards rebuilding the economy for enhanced performance that will impact the lives of every citizen of the country.
Those who spoke at the event include, Dr. Nurudeen Zauro, the Technical Adviser to the President on Financial Inclusion - OVP, Dr. Mariam Masha, Senior Special Assistant to the President on Regional Development Programmes -OVP, Fegho Umunubo Special Assistant to the President on Digital and Creative Economy -OVP
Panelists include, Sadiq Wanka Special Adviser to the President on Power Infrastructure - OVP, Dr. Kingsley Uzoma Senior Special Assistant to the President on Agricbusiness and Productivity -OVP, Dr. Ibrahim Natagwandu Technical Adviser to the President on Debt Management- OVP, Aliyu Bunu Sheriff Special Assistant to the President on Export Expansion -OVP, Marion Moon Technical Adviser to the President on Agric -OVP and others.
The Handbook, "The Nigerian Economy in 2025 And Beyond: Overcoming Challenges, Optimizing Opportunities for Accelerated Growth and Development" was also unveiled at the event.
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