WorldStage Economic Summit Holds September 25 With Business, Economic Recovery As Agenda

<h4>WorldStage Economic Summit Holds September 25<&sol;h4>&NewLine;<h4><&sol;h4>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;"><strong>OpenLife Nigeria<&sol;strong><&sol;a> reports that with Nigeria’s economy still struggling to shake off the impacts of serious challenges such as COVID-19&comma; Naira re-denomination&comma; fuel subsidy removal among others&comma; WorldStage Economic Summit has resolved to focus on &OpenCurlyDoubleQuote;Nigeria&colon; Setting a Stage For Business And Economic Recovery” as the theme for the 2024 edition&period;<&sol;p>&NewLine;<p>World Stage Limited&comma; the organiser of the annual summit in a statement said WES 2024 will hold on September 25&comma; 2024 at the Event Centre&comma; Nigerian Exchange Limited&comma; 2&sol;4 Customs Street&comma; Lagos&period;<&sol;p>&NewLine;<p>The statement said the critical stakeholders for business and economic recovery that will take the front seats at the summit are federal&comma; state governments and private bodies responsible for food production&comma; technology transfer&comma; job creation&comma; energy supply&comma; blue economy&comma; banking and export promotion&period;<&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;Specifically&comma; the summit will attract those in the Manufacturing&comma; Oil and Gas&comma; Housing&comma; Agriculture&comma; and Water Resources&comma; Banking&comma; Insurance&comma; Maritime&comma; ICT&comma; Aviation&comma; Mining&comma; Hospitality &amp&semi; Tourism&comma; Health care&comma; Education&comma; Transportation&comma; Local and Foreign Investors&comma; Media and Other Relevant Stakeholders&comma;”<&sol;strong><&sol;em> the statement said&period;<&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;WES 2024 will put stakeholders that are critical to the economic turnaround on the spotlight to stimulate case discussions&comma; public buy-in and lasting solutions&period;”<&sol;strong><&sol;em><&sol;p>&NewLine;<p>Mr Segun Adeleye&comma; President&sol;CEO World Stage Limited was quoted as saying that the <em><strong>&OpenCurlyDoubleQuote;The economy has been subjected to different policy reviews since the election and inauguration of President Bola Ahmed Tinubu in 2023&period;<&sol;strong><&sol;em><&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;The new administration has set a tall agenda with the <a href&equals;"https&colon;&sol;&sol;www&period;vanguardngr&period;com&sol;">Presidential Policy Advisory Council<&sol;a> coming up with a strategic blueprint to propel the country into a &dollar;1 trillion economy within the next eight years and achieve an average annual GDP growth rate of 7&percnt; and GDP per capita of &dollar;3&comma;631 &period;<&sol;strong><&sol;em><&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;As the new administration is challenged to improve the economic prosperity of Nigerians&comma; inherited fundamental macroeconomic issues such as poor policy implementation&comma; infrastructure deficit among others will demand strategic reforms with long-term gains&comma; albeit with some short-term pain as seen in high energy cost&comma; Naira devaluation and runaway inflation&period;<&sol;strong><&sol;em><&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;Currently&comma; the economy is at a cross road with businesses and populace at the mercy of tough measures with unintended consequences which have pushed many to breaking points&comma; thereby forcing governments to roll out palliative measures in order to avert backlash and total collapse&period;<&sol;strong><&sol;em><&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;The current reality has put government and businesses in no choice situation than to align strategies for common good in economic recovery through stable power supply&comma; job creation&comma; exchange rate management&comma; inflation control&comma; banking recapitalization&comma; fiscal and debt management&comma; structural reforms&comma; human capital development and economic diversification&period;”<&sol;strong><&sol;em><&sol;p>&NewLine;