Nigeria need huge resources to realise goal of lifting 100 mln people our of poverty by 2030
Nigeria will have to deploy huge resources to boost the country’s economy if its goal to lift 100 million Nigerians out of poverty by 2030 is to materialize, the Nigerian Economic Summit Group (NESG) has said.
Chief Operating Officer Tayo Aduloju said the group has mobilised the private sector to help in achieving the Sustainable Development Goals (SDGs).
This, he said, is by ensuring that they are made a major part of determining plans and policies.
He spoke during the United Nations Global Compact summit, which explored the evolving contribution of the private sector to the global sustainable development agenda.
The UN Global Compact Network Nigeria, one of the 68 local networks of the UN Global Compact, held a session with the theme: “Implications of COVID-19 on achieving the SDGs in Nigeria.”
The Executive Director of UN Global Compact Nigeria, Naomi Emeka, said the body was working to get businesses to integrate the 10 principles of the UN Global Compact into their operations and get involved in the attainment of the SDGs in Nigeria.
The Chief Executive Officer of Sterling Bank and one of the panellists, Abubakar Suleiman, spoke on the need for easier access to finance. He noted that it is more difficult to access finance in Africa compared to Europe and America.
Tinuade Awe of the Nigerian Stock Exchange (NSE) reiterated the need for businesses to key into issues affecting the environment while prioritising climate change adaptation.
Founder of Leap Africa Ndidi Nwuneli said COVID-19 has impacted the food ecosystem.
She said the private sector needs to increase its investment in the youth, retool teachers, reward young people and collaborate with the government to raise a new generation that will transform Nigeria.