The 32nd Nigerian Economic Summit opens in Abuja

The 32nd Nigerian Economic Summit opened in Abuja on Monday, 26 October, bringing government, business and development institutions together for a two-day meeting on jobs, productivity and shared prosperity. The Nigerian Economic Summit Group (NESG) is hosting the event at Transcorp Hilton, with virtual participation also available.

NESG’s theme this year is “Growth That Works: Delivering Jobs, Productivity and Shared Prosperity.” The organisers say sessions will consider how economic reforms can translate into practical outcomes, including more productive work and improved living standards. The summit continues on Tuesday, 27 October.

What was announced at the opening

President Bola Tinubu declared the summit open in remarks delivered by Vice-President Kashim Shettima, according to a report published by THISDAY on Monday. The President argued that stabilisation measures are intended to create conditions for public and private investment, and said policy should be judged by the jobs, productivity and economic activity it produces.

The report quoted the President citing first-quarter 2026 capital importation of US$10.37 billion, up 83.83 per cent on the same period in 2025. That is a government-reported aggregate covering portfolio and direct investment; it does not by itself show how much went to new operating assets, or how much is available to a particular company.

The summit’s programme covers productivity, human capital, social protection and the successor National Development Plan. Minister of Finance Taiwo Oyedele also presented a draft Nigerian Economic Policy Framework and invited contributions from business and policy stakeholders, THISDAY reported.

The meeting is still under way

As of the opening day, the summit is a forum for discussion. No deal, fund allocation or project award follows automatically from a session or a policy statement. The NESG programme lists the event dates and theme; the opening remarks and quoted figures are reported by THISDAY. Any subsequent announcements should be assessed on their own terms.