The summit had in the past contributed to entrenching the culture of development planning in the country
Sen. Atiku Bagudu, Minister of Budget and Economic Planning, has inaugurated a Joint Planning Committee for the 30th Nigerian Economic Summit (NES), to shape national development.
Inaugurating the committee on Tuesday in Abuja, Bagudu said the previous summit played vital roles in shaping policies of government across the country.
The minister was represented by Mr Nebeolisa Anako, Permanent Secretary of the ministry.
He said the annual summit provides a veritable platform for dialogue among policy makers, corporate leaders, organised private sectors among others.
According to him, the summit provides the opportunity to strengthen the existing mutual and symbiotic relationship between the public and private sectors in the overall interest of Nigeria.
“The partnership between the sectors has helped in the development of the National Development Plan (NDP) 2021 to 2025 and the Nigeria agenda 2050.
“The key outcomes of the summit have always played important roles in shaping the policies of the government.
“In particular, the summit had in the past contributed to entrenching the culture of development planning in the country.
“The summit has as well provided invaluable policy recommendations for the government,’’ he said.
The committee, he said, was expected to articulate the budgetary requirements and sources of funds for hosting the summit.
Bagudu also said it would also propose the optimal strategy for funding the activities of the committee and the summit.
The minister said that efforts had been concluded to forward the 29th summit recommendations and outcomes to the Federal Executive Council (FEC).
He commended the public and private sector co-chairs and members of the committee for successfully organising the summit, and for working round the clock to produce the Green Book for the summit.
Earlier, Chairman of the NES, Mr Niyi Yusuf, said the summit was not just about changing policies, but redefining philosophy and approach to development.