Chief Executive Officer of Center for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf,will lead discussion on Nigeria’s policy direction to establishing pathway towards economic recovery in line with global green economy initiative.
Yusuf, a renowned economist and former Director General of the Lagos Chamber of Commerce and Industry (LCCI), is the chairman of the 3rd National Conference organised by Oriental News Nigeria. The event is scheduled for 9 a.m on Thursday, July 25, 2024, at Radisson Blu, GRA Ikeja, Lagos.
In recent years, economies around the world have been experiencing a protracted slowdown driven by structural, global, and cyclical factors. Economic strategies that have been implemented to tackle recession and achieve rapid economic development have endangered sustainable growth by contributing to environmental degradation, global warming, and other negative repercussions.
Changing the paradigm to a green economy will boost natural capital stocks, safeguard the environment, and ensure social justice by providing practical tools and approaches to achieve sustainable growth while reducing environmental risks and ecological scarcities.
A transition to a green economy, however, faces challenges such as a lack of an appropriate policy framework, inadequate capital expenditure, varying levels of development, and resource endowments.
Therefore, for green sustainable development, newer business models, strategic changes and innovation in the use of resources, responsible and cleaner business practices, and green technologies are needed.
Above issues will form part of discussion to be spearheaded by Yusuf, who will further highlight challenges and how to accelerate the process.
Also, the Ag. Managing Director and Chief Executive Officerof the Rural Electrification Agency (REA), Abba Abubakar Aliyu, will be addressing key energy professionals and other government officials on the agency’s current drive towards delivering clean and reliable electricity across Nigeria.
Aliyu will take the audience through World Bank approved Nigeria Distributed Access through Renewable Energy Scale-up (DARES) project.
Also, the Director General of Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, would be x-raying key policies and options available in the country’s drive to strengthen its national economy while aligning with global push towards promoting green economy.
The theme of the 2024 Conference: “Green Economy, Sustainable Growth and Infrastructure Transformation” considers various options available for Nigeria to sustain economic development and growth.
Sub-themes of the conference include, Green Finance, marketing, and supply chain, Strategies and Policies for a green economy, Renewable energy and Ecosystem for a green economy and Digital economy Entrepreneurship.
The conference will bring together and engage researchers, eminent practitioners, and policymakers from across the country who will form part of the plenary (Round-Table) session that will deliberate on the latest findings on practices and policies for a green economy and sustainable growth through strategic change and identify priorities for action by stakeholders to pursue the most promising policies and practices.