Nigeria’s investment levels inadequate for job creation — NESG

The Nigerian Economic Summit Group (NESG) has warned that Nigeria's current investment levels are insufficient to create jobs, improve productivity, and deliver broad-based prosperity for the rapidly growing population. The group highlighted infrastructure deficits, limited access to long-term finance, regulatory uncertainty, and high business costs as factors that have constrained productive investment in the country for decades.

The NESG emphasized that while recent economic reforms are necessary, they are only a starting point, and the next step is to translate stability into productive investment that expands businesses, creates jobs, raises incomes, and improves living standards. The upcoming 32nd Nigerian Economic Summit, scheduled for October 26 and 27, 2026, will focus on mobilizing capital for economic expansion and investing in people to sustain growth.

Brief written by urgent.news from Punch's own syndicated text. Machine-written — may contain errors; check the original before relying on it.