2017 NBA-AGC Sessions: (1) Economic Recovery And Growth Plan [ERGP]

The International Monetary Fund (IMF) endorsed Nigerian Economic
Recovery and Growth Plan: 2017 – 2020 (ERGP) seeks to restore the
nation’s economic status following the recession.

The ERGP, which comes on the heels of Nigeria’s slump into
recession for the first time in 25 years and the sharp fall in oil
prices from highs of about $112 a barrel in 2014 to below $50 in
2016; is targeted at propelling Nigeria back to sustainable,
accelerated development and restoring economic growth in the medium
term (2017 – 2020).

While the ambitious ERGP is said to be the panacea to long-term
economic growth, and it aims to strengthen security, energy,
industrialisation as well as social investment and promises a way
out of singular-sectorial dependence; there is significant
uncertainty in many circles over the prospects of a successful
implementation of the Plan, particularly in the absence of clear
strategies for the faithful implementation of the initiatives
contained in the Plan.

It is therefore critical that we interrogate the implementation
strategies, socio-economic impact, political will and
sustainability of this vision utilising the core insights of a vast
array of thought leaders available at any one-time and in one place
at the #NBA2017AGC. This examination is critical to every business
and strategic mind in Nigeria and indeed Africa.

This Session will highlight the key objectives of the Plan and
then go ahead to analyse the priority areas and challenges
presented by the Plan with a view to maximising its intricate
potential and providing answers to questions like … In what way can
the vision help build the next generation of the nation and how can
it impact the African Bar, starting with the Nigerian Bar
Association (NBA).

The International Monetary Fund (IMF) endorsed Nigerian Economic
Recovery and Growth Plan: 2017 – 2020 (ERGP) seeks to restore the
nation’s economic status following the recession.

The ERGP, which comes on the heels of Nigeria’s slump into
recession for the first time in 25 years and the sharp fall in oil
prices from highs of about $112 a barrel in 2014 to below $50 in
2016; is targeted at propelling Nigeria back to sustainable,
accelerated development and restoring economic growth in the medium
term (2017 – 2020).

While the ambitious ERGP is said to be the panacea to long-term
economic growth, and it aims to strengthen security, energy,
industrialisation as well as social investment and promises a way
out of singular-sectorial dependence; there is significant
uncertainty in many circles over the prospects of a successful
implementation of the Plan, particularly in the absence of clear
strategies for the faithful implementation of the initiatives
contained in the Plan.

It is therefore critical that we interrogate the implementation
strategies, socio-economic impact, political will and
sustainability of this vision utilising the core insights of a vast
array of thought leaders available at any one-time and in one place
at the #NBA2017AGC. This examination is critical to every business
and strategic mind in Nigeria and indeed Africa.

This Session will highlight the key objectives of the Plan and
then go ahead to analyse the priority areas and challenges
presented by the Plan with a view to maximising its intricate
potential and providing answers to questions like … In what way can
the vision help build the next generation of the nation and how can
it impact the African Bar, starting with the Nigerian Bar
Association (NBA).