The International Monetary Fund IMF endorsed Nigerian Economic Recovery and Growth Plan: 2017 – 2020 (ERGP) seeks to restore the nation’s economic status following the recession.

The ERGP, which comes on the heels of Nigeria’s slump into recession for the first time in 25 years and the sharp fall in oil prices from highs of about $112 a barrel in 2014 to below $50 in 2016; is targeted at propelling Nigeria back to sustainable, accelerated development and restoring economic growth in the medium term (2017 – 2020).

While the ambitious ERGP is said to be the panacea to long-term economic growth, and it aims to strengthen security, energy, industrialisation as well as social investment and promises a way out of singular-sectorial dependence; there is significant uncertainty in many circles over the prospects of a successful implementation of the Plan, particularly in the absence of clear strategies for the faithful implementation of the initiatives contained in the Plan.

It is therefore critical that we interrogate the implementation strategies, socio-economic impact, political will and sustainability of this vision utilising the core insights of a vast array of thought leaders available at any one-time and in one place at the #NBA2017AGC. This examination is critical to every business and strategic mind in Nigeria and indeed Africa.

This Session will highlight the key objectives of the Plan and then go ahead to analyse the priority areas and challenges presented by the Plan with a view to maximising its intricate potential and providing answers to questions like … In what way can the vision help build the next generation of the nation and how can it impact the African Bar, starting with the Nigerian Bar Association (NBA).

TML News