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Nigerian Economic Summit Opens In Abuja

The 20th edition of the Nigerian Economic Summit has kicked off in Abuja. The event which will last from 18th March through to 20th is being held at the Transcorp Hilton Hotel, Abuja with the theme: ‘Transforming Education Through Partnerships for Global Competitiveness’. Mr. Frank Nweke, Director General of the Nigerian Economic Summit Group, explained that the decision to hold a summit on education was borne out of the rot in the educational sector in the country. “The education sector is in dire straits and requires the intervention of both public and private stakeholders if it is to fulfill its function of preparing Nigeria to compete in the global economy,” he said. He noted that Nigeria’s economy depends largely on the standard of the educational system. Participants at the summit are expected to consider four critical areas of the education sector – the needed national consensus on the objective of Nigeria’s education system, needed collective realisation of the pervasive centrality and importance of education to national development, sustainable structural reforms and changes needed in the education sector – areas that are expected to herald the emergence of a vibrant 21st century economy.  
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