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NESG unveils live policy tracker to monitor economic reforms

NESG unveils live policy tracker to monitor economic reforms

The Nigerian Economic Summit Group has announced the launch of a live policy tracker to monitor the implementation of economic reforms advanced by the group to the government.

This announcement was made at the ongoing 30th Nigerian Economic Summit, themed, “Collaborative Action for Growth Competitiveness and stability” in Abuja on Monday.

While speaking at the summit, which had in attendance Vice-President Kashim Shettima, ministers, important stakeholders, and elder statesmen, the Chairman, Nigerian Economic Summit Group, Olaniyi Yusuf, stated that the NESG, in order to track the implementation of recommendations made in the past summits and national outcomes launched the policy tracking system.

“The NESG has set up a live policy tracker to monitor the implementation of past summit recommendations and to ensure alignment between the summit recommendations and the national outcomes,” he said.

Olaniyi further stated that challenges, including cultural norms, limited access to reproductive health services, and economic inequalities, continue to hinder gender parity, regardless of the progress in achieving the sustainable development goal.

“Despite multiple progress in achieving the sustainable development goals that focus on gender equality, significant barriers persist.”

“Intercessional challenges, including cultural norms, limited access to reproductive health services and economic inequalities continue to hinder gender parity,” Olaniyi said.

Also speaking on the outcome of the 2023 Summit, Olaniyi expressed that “The outcomes of last year’s summit, focus on igniting growth, ensuring sustainable investments and also reviving national dignity.”

“We have seen positive development in many of the actions taken by the government, such as the establishment of the Presidential Economic Coordination Council and the Economic Management Emergency Task Force.”

“The recent approval by the Federal Executive Council of the economic stabilization bills from the Presidential Committee on fiscal policy and tax reforms is a testament to the government’s commitment to enhancing fiscal sustainability and economic governance.”

While expressing his views on the issues of gender equality and the role of women in building a sustainable economy, he said: “Accelerated economic growth will require the moderation of the growth rate of our population, but will also require deliberate inclusion of women as active participants in the economy across all the states of The Federation.”

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