*As nominations portal closes for WES 2025 Awards For Outstanding Economic Impacts
All is about for the annual WorldStage Economic Summit 2025 on Friday November 21, 2025 at The Event Centre, Nigerian Exchange Limited, 2/4 Customs Street, Lagos by 10AM, with prime consultants from the general public, personal and academia set to handle the theme: Tackling the Issue of Low Productivity in Nigeria.
According to an announcement by the organisers, World Stage Limited, a analysis and know-how pushed Africa targeted agency, among the many prime chief executives which have confirmed participation within the summit embody Dr. Olasupo Olusi, Managing Director/CEO, Bank of Industry (BoI); Mr Segun Ajayi-Kadir, Director-General,
The assertion additionally mentioned that Dr Abidemi Adegboye, an academia from the University of Lagos, Nigeria will ship a researched paper on why Nigeria’s economic system has been trapped in low productiveness through the years.
The assertion confirmed that the web nominations by stakeholders together with the media for the WES 2025 Awards For Outstanding Economic Impacts has closed.
It mentioned winners from totally different sectors of the economic system have been notified and can be introduced with Certificates For Outstanding Economic Impacts through the summit.
WES is conceived to handle {economic} challenges by diagnoses and software of practicable options with private and non-private sector engagement in a analysis and innovation pushed platform to encourage new pondering in enterprise initiative, coverage formulation/implementation, {economic} reform and growth.
Top company establishments which might be supporting the WES 2025 embody Central Bank of Nigeria (CBN), Nigerian Communications Commission (NCC), Nigerian Exchange Group Plc (NGX), NLNG, Zenith Bank, Access Bank, Polaris Bank, Fidelity Bank, Sterling Bank, Shara Group and Ecobank.
Other crucial stakeholders for {economic} productiveness anticipated to take the entrance seats on the summit embody federal, state governments and personal our bodies chargeable for meals manufacturing, know-how switch, job creation, vitality provide, blue economic system, banking and export promotion.
The assertion mentioned, the summit will particularly appeal to these within the manufacturing, oil and gasoline, housing, agriculture, and water sources, banking, insurance coverage, maritime, ICT, aviation, mining, hospitality & tourism, well being care, training, transportation, native and international traders, and the media.
Mr Segun Adeleye, President/CEO, World Stage Limited mentioned one of many greatest challenges going through Nigeria’s economic system is low productiveness.
“Even-though many are working, almost half of Nigerians are estimated to be poor, living below the national poverty line with multidimensional poverty at 63% and income poverty at 40%, just because the right jobs are not available,” he mentioned.
“The question being asked by many is that if Nigeria’s economy is transforming, does the transformation deliver higher productivity jobs to raise living standards?”
He defined that WES 2025 will present a template to debate evidence-based insurance policies to generate jobs that may elevate individuals out of poverty; legislative intervention to curb annual {economic} loss by a number of public holidays; concepts on learn how to increase earnings in actions which might be presently low productiveness and small scale actions comparable to in farm and non-farm family enterprises; a secure macro setting, requiring a continuation of fiscal and alternate fee reforms that may encourage higher integrating corporations into international worth chains and attracting international direct funding; additional opening of the economic system to worldwide commerce by eradicating commerce restrictions and bettering commerce facilitation, in addition to guaranteeing abilities are aligned with the economic system’s wants; design and implement nationwide abilities packages aimed toward upskilling younger Nigerians, to make sure many extra embrace digital abilities and capabilities; upgrading infrastructure as key components of an efficient coverage combine; aggressive integration of mineral sources into nationwide earnings technology stream to learn from the alternatives introduced by AfCFTA; financing structural transformation with speed up
WES has at all times been a hub of alternative, an unparalleled platform for networking, studying, and adapting. It is an invaluable expertise that brings collectively public, business leaders and like-minded professionals.
