In five days, economists, business experts, policymakers and stakeholders from various sectors of the Nigerian economy will meet at BusinessDay’s annual economic outlook to deliberate on the possibilities for Africa’s biggest market, in a decade said to be “make or break.”
The outlook which is an annual event organised by BusinessDay to prepare participants for the year ahead follows a topsy-turvy decade for Nigeria and would herald big themes for the coming years.
Enormous economic optimism, following above 5 percent average economic growth in early 2010’s and subsequent decline in oil price from 2014, which led to the 2016 recession, have set the tone for the next ten years- a period where several predictions have been made concerning Nigeria including World Bank’s warning about hosting a quarter of the world’s poorest.
However, at the 2020 outlook, BusinessDay would consider “The Nigeria’s prosperity Ahead 2030: population, data, productivity.”, choosing to look at the trajectory of the country till 2030 instead of just one year.
The theme shows and reflects the levers through which Nigeria’s economic prosperity will be determined in the coming decade. For instance, Nigeria’s population dynamics has been on the rise for a long period. However, it is becoming desperate as we continue to overtake many previously higher populated countries, become the poverty capital of the world, and set to become the third most populous country in 2050 if the trend continues.
Keynote Speakers at the event sponsored by Old Mutuals Limited and Transnational Corporation of Nigeria (TransCorp) will include BusinessDay’s Managing Director and renowned economist Ogho Okiti, as well as Andrew S. Nevin, Chief Economist at PwC.
The events will hold on Tuesday, January 28, 2020, at the Africa + Asia + America Room, Eko Hotels & Suites, VI Lagos, will bring together industry experts, analysts and policymakers who would, in interactive sessions, deliberate on challenges and opportunities around data, population and technology in driving Nigeria’s new decade and where investment opportunities will lie in the coming years.
Panellists at the events will (in no particular order) include the following: Val Ozigbo, President/ CEO of Transnational Corporation of Nigeria; Abimbola Salu-Hundeyin, Chairman, National Population Commission; Samuel Ogbu, CEO, Old Mutual West Africa; Nonso Obiliki, Chief Economist at BusinessDay; Egie Akpata – Director, Union Capital Markets Ltd; Fola Fagbule – Senior Vice President, Africa Finance Corporation; Mohammad Sani Abubakar – Chief of Staff, Kaduna State Government; Olu Akanmu – Executive Director, FCMB Plc; Patrick Nwakogo, CEO at Dale Canergie Nigeria, and Ebehijie Momoh, Senior Vice President, Mastercard, among others.
At the 2019 edition of BusinessDay’s Outlook participants were able to position themselves strategically for value notwithstanding Nigeria’s tepid economy.
SEGUN ADAMS
