NESG launches centre to link legislature with economic development
By Patience Ikpeme
The Nigeria Economic Summit Group (NESG) had launched the Ernest Shonekan Centre for Legislative Reform and Economic Growth to engender collaboration between the private and public sectors, with legislative instruments serving as a means to achieve enhanced synergy.
Chairman of the NESG Mr. Niyi Yusuf in his address at the launch of the ceremony said “the Centre will address critical issues about competitiveness and sustainability through enhanced synergy between the private and public sectors using legislative instruments.”
The Ernest Shonekan Centre for Legislative Reforms and Economic Growth he noted will provide a unique platform for which the three initiatives strategically position the Centre to promote reforms to critical sectors of our economy.
The initiatives are that the centre will act as a platform for the legislature and the private sector to engage, deliberate, and act on a framework that will improve Nigeria’s business environment through a review of relevant legislations and provisions of the Constitution; to chart pathways to subnational economic growth and to collaborate with the National Judicial Institute (NJI) to provide bespoke training for judicial officers.
Niyi Yusuf stated that “the Centre’s key objectives are achieving economic competitiveness and improving the business environment.”
Speaker Oyo State House of Assembly and Chairman Conference of Speakers of State Legislatures of Nigeria at the 29th Nigeria Economic Summit (NES#29), Hon. Adebi Ogundoyin said the launch of the Centre “signifies a significant stride towards fostering essential reforms in legislation and regulations, which are pivotal in attaining economic competitiveness and enhancing the business climate.”
The establishment of this institution he noted will serve “as a testament to the acknowledgment of the critical role played by laws and regulations in shaping the economic landscape.”
“By assuming the role of a change catalyst, The Ernest Shonekan Centre aims to expedite impactful reforms that will unleash the complete potential of our economy and cultivate a favorable milieu for businesses to flourish” he said.
He commended the vision and dedication of all those involved in the establishment of the center, stressing that he has “no doubt that your efforts will yield positive outcomes for our nation.
Ogundoyin said lawmakers across the country, “acknowledge the significance of making changes to laws and regulations that shape the economic landscape.
“We are fully dedicated to endorsing endeavors that promote economic attractiveness and business environment. With our thorough understanding of the legislative process, we are prepared to offer our assistance in providing valuable insights, analysis, and recommendations to further the goals of The Ernest Shonekan Centre”.
