Tuesday 4 August 2015

FG inaugurates joint committee for 2015 Economic Summit

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The National Planning Commission (NPC) yesterday formally inaugurated a Joint Planning Committee (JPC) for the 2015 Nigerian Economic Summit (NES#21).
Inaugurating the committee, the Executive Secretary, National Planning Commission (NPC), Mr. Bassey Akpanyung, said this year’s summit the 21st in the series is unique, giving that it was conceived on the policy thrust of the present administration anchored on ensuring inclusive growth, job creation, addressing security issues, curbing corruption and all leakages in the public service.
According to him, it is expected that the conclusion of the summit will be helpful towards articulating strategies for ensuring effective implementation of the change agenda that will be helpful towards ensuring effective implementation of the change agenda that will help in making effective implementation of the agenda that will help in making Nigeria’s socio-economic environment globally competitive.
He said the public membership of the JPC has been broadened to the deepen for the success of this year’s summit.
They include: The national Planning Commission as Co-Chair; the Office of the Chief Economic adviser to the President; the Office of the Senior Special Assistant to the Vice President; the Office of the Secretary to the Government of the Federation; the Federal Ministry of Finance; the Ministry of Foreign Affairs and the Nigeria National Petroleum Corporation. Other are: the Office of the Inspector General of Police; the Nigerian Investment Promotion Council; the Budget Office of the federation, the Central Bank of Nigeria and the Nigeria Governor’s Forum as members.
The Joint Planning Committee is a supreme organ of the summit planning process and consists of members drawn from the public and private sectors.
The key mandate of the committee s to undertake all preparatory arrangements for the successful hosting of the summit.as part of its duties, the committee is to review the reports of the 20th Economic Summit; articulate the budgetary requirements and the sources of funding for hosting the summit.
It is also to propose the optimal strategy for funding the activities of the JPC; prepare the report and Green Book for the NES#21; mobilise relevant public and private sector stakeholders for the summit and undertake any other work that may lead to the successful hosting of the summit.
The Nigerian Economic Summit (NES) is an annual summit organized by the Nigerian Economic Summit Group (NESG) and the NPC.
The summit which is expected to hold in October has so far become the singular and largest annual economic forum for policy makers and captains of industry from the public and private sectors of the Nigerian economy, as well as the representatives of the academia, civil society organizations and development partners.
It is expected to serve as a platform for participants to interact and share thoughts on key issues and challenges facing the Nigerian economy, with a view to evolving a common strategy and policy framework.
Earlier in his remarks, the Chief Executive Officer of the Nigerian Economic Summit Group (NESG) , Mr. Laoye Jaiyeola, explained that the job of the JPC will be anchored on better implementation and monitoring of resolutions.
He said that the summit has ten committees ranging from: human capital development; policy commission, education, youth and gender issues, oil and gas, trade and investment, micro economic, food and agriculture, SMEs, health and other issues, with structures and steering committees as teamatic groups.

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