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Organised Private Sector backs Lagos Economic Summit
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ECONOMY
The Organised Private Sector (OPS) has reaffirmed commitment to continued deployment of the Lagos Economic Summit (Ehingbeti) as a channel for setting developmental agenda for Lagos State.
The Summit which will hold virtually for the first time is scheduled to hold from Tuesday 16 to Thursday 18 February, 2021. Speaking at a recent stakeholders’ conference on the Summit, the organised private sector (OPS) stressed the need for the government to focus on infrastructural development, job creation, waste management and social issues.
Other areas listed for government’s consideration by the OPS are investment in technology and innovation, security, while the government was also advised to enable the large population of entrepreneurial youth domiciled in the state to take advantage of their skills and talents.
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Published 27 January 2021
THE discomfiting reality of Nigeria’s emergent food crisis was poignantly brought home recently by the Chairman of the Presidential Economic Advisory Council, Doyin Salami. He revealed during the National Economic Outlook for 2021 organised by the Chartered Institute of Bankers of Nigeria that the country spent a whopping N1.85 trillion to import food for nine months during the closure of its land borders. Salami blamed the flooding that ravaged parts of the country in 2019 as the critical factor responsible for the development, noting that “climatic concerns are undermining agricultural output with 2.5 million farmers being impacted by flooding in 2019.” Between April and September 2019, the West Africa Network for Peacebuilding said flooding claimed cumulatively, the lives of 95 people (including 17 females and 31 children), 45 people were injured with an estimated 722,741 people displaced and 351,236 others in need of hu
Organised Private Sector Backs Ehingbeti thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.