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  • NDFF confab to boost blue, green economies

    NDFF confab to boost blue, green economies

    Nigeria Development and Finance Forum (NDFF) 2024 Conference is set to strengthen the momentum for Nigeria’s economic growth and catalyse development in the country’s blue and green economies, the organisers have said.

    Themed “The Road to Economic and Social Welfare Transformation”, the high-level gathering of public, private, social, and international sectors leaders is scheduled to hold on 8 – 9 May 2024, at Transcorp Hilton, Abuja.

    “The overarching aim of the conference is to provide a strong backing for a holistic and transformative reform agenda for the Nigerian economy to foster sustainable economic progress in the country,” Jide Akintunde, Director of NDFF, said in a statement by the Planning Group for the conference. “Besides addressing broader issues of fiscal policy for job creation, revitalising industries and markets, and health and social welfare, we will host two industry-focused sessions on the blue and green economies.”

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    According to NDFF, the worldwide blue or ocean economy, which encompasses all economic activities related to oceans, seas, and coasts, is valued at around $1.5 trillion per year, and is set to double by 2030 to $3 trillion.

    “Among the recent impetuses for higher growth prospects of the Nigerian blue economy is the creation of the Federal Ministry of Marine and Blue Economy and the extension of the Nigerian seaward continental boundaries from 200 to 220 nautical miles by the United Nations’ Commission on the Limits of the Continental Shelf,” NDFF said, adding that “the Nigerian blue economy still requires more policy support, market frameworks, and investments to deliver on the prospects of the sector. The conference will, therefore, bring stakeholders together to address the challenges and provide insights for harnessing the growth opportunities in the sector.”

    NDFF said it is also showcasing the Nigerian green economy, with the aim of boosting investment for the nation’s sustainable development.

    “The focus of green growth strategies is ensuring that natural assets can deliver their full economic potentials on a sustainable basis,” said NDFF. “Given the opportunities in tech, agriculture, manufacturing, power, and transportation, etc., Nigeria’s sustainable investment opportunities has been valued at $100 billion annually. Our high-level panel of experts will discuss how to unlock the investment potentials.”

    In an earlier statement, Akintunde had noted that the conference is strategically timed to hold close to the first anniversary of the President Bola Ahmed Tinubu administration to provide a structured interface between policymakers, industry leaders, civil society leaders, academics, and leaders of international institutions to maximise the positive impact of economic reform.

    As a key part of the agenda for the two-day event, two state governments will be showcasing the reform agenda and investment opportunities in their respective states.

    NDFF was conceived to provide briefings to international investors, the global policy community, and Nigerians in diaspora on the Nigerian policy and investment climate and opportunities. Its previous conferences were successfully hosted in London, Washington D.C., and New York.

    Access Holdings PLC, Bank of Industry, Nigerian Export-Import Bank, Stanbic IBTC Bank and the National Agency for Food and Drugs Administration and Control (NAFDAC) are among the sponsors of this year’s event. Media partners include Financial Nigeria, Government & Business Journal, TheCable, TV Continental, and News Central TV. Detail Commercial Solicitors, one of Nigeria’s leading law firms, is an Organising Partner for the event.

  • NDFF forum to discuss road to economic transformation

    NDFF forum to discuss road to economic transformation

    The Nigeria Development and Finance Forum (NDFF) 2024 Conference, a high-level gathering of public, private, social, and international sector leaders, will hold on the 8th and 9th of May 2024 at the Transcorp Hilton, Abuja, a statement by the organiser, Financial Nigeria International Limited, has revealed.

    Themed “The Road to Economic and Social Welfare Transformation,” NDFF 2024 Conference aims to provide a strong backing for a holistic and transformative reform agenda for the Nigerian economy. The conference will feature plenary sessions on Day 1, focusing attention on the three main areas the Federal Government aims to deliver impacts, viz., fiscal policy, monetary policy, and social welfare. Special briefings and industry-focused sessions will hold on Day 2.

    According to Jide Akintunde, CEO of Financial Nigeria and Convener of NDFF, “Over the past months, the new government has embarked on market reforms, which many stakeholders have canvassed for in the last few years to catalyse long-term economic growth and stability. In the short term, however, the introduction of market reforms has resulted in economic difficulties for many Nigerians.” Notwithstanding, Mr. Akintunde said “this policy pivot can help put the economy on the path of long-term stability, sustainable growth, and transformation. But there is an urgent need for adequate clarity and complementary policies to bolster investor and market confidence, and provide much-needed comfort for the citizens.”

    The CEO of Financial Nigeria added that “NDFF 2024 Conference will provide actionable insights on how to navigate this road to transformation. The conference is strategically timed to hold close to the first anniversary of the President Bola Ahmed Tinubu administration, providing a major platform for support of the government and a structured interface with industry leaders, civil society leaders, academics, and leaders of international institutions. The overarching aim of the conference is to provide clarity on how Nigeria and Nigerians will transition from the current acute economic, market, and social welfare stress to stability, growth, and progress.”

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    According to a statement by Financial Nigeria, some of the topics for keynote presentations and panel discussions slated for Conference Day 1 include The Road to Economic and Social Welfare Transformation; Macroeconomic and Financial Stability: Communicating the Outlook; Revitalising Industries and Markets; and Transforming Nigeria’s Population Health: Crowding in Policy, Market, and Social Actions. For Conference Day 2, the Planning Group for NDFF 2024 Conference is working with stakeholders and sponsors to host special sessions on the Green Economy and the Blue Economy, as well as showcase the reform agenda and investment opportunities in at least two states of the Federation.

    The line-up of keynote speakers and high-level panellists for the conference includes eminent Nigerians from the public, private, and social sectors. Also expected to speak at the event is a world-renowned economist from the United States, to be announced soon, to provide global perspectives to the discussions.

    The website for the conference is where information on confirmed speakers, partners, and sponsors will be updated. On the site is also information on registration and sponsorship for the event.

    Originally conceived to provide briefings to international investors, the global policy community, and Nigerians in diaspora on the Nigerian policy and investment climate and opportunities, the NDFF Conference is holding in Nigeria in 2024, and in the coming years, to address domestic policy issues and attract international participation in Nigeria. Past editions of the conference have successfully held in London, New York, and Washington DC.