The Nigeria Development and Finance Forum (NDFF) concluded its 2024 Conference in Abuja with significant recommendations aimed at bolstering the nation’s economy and social welfare.
One notable resolution from the conference advocates for Nigerian leaders to opt for local airlines for their international travels, aligning with the ethos of supporting domestic industries.
Emphasizing the importance of buying made-in-Nigeria products to stimulate economic growth, NDFF underscored the need for government officials to lead by example by flying Nigerian carriers for official international trips. This recommendation mirrors similar practices in other countries, such as the Fly America Act.
Additionally, the conference attendees highlighted the necessity of providing palliatives to vulnerable citizens to mitigate the impact of economic shocks. They emphasized the importance of building resilience through policies that improve the business environment, incentivize production, and enhance industrial capacity, ultimately fostering economic growth and shared prosperity.
The forum also called for increased investment in health and education, recognizing them as crucial components of sustainable socio-economic development. Urging for a people-centric approach to governance in these sectors, NDFF emphasized the need to reindustrialize the health sector to drive inclusive progress and economic resilience.
The conference featured insightful sessions covering various aspects of economic development, including fiscal policy, monetary stability, health, and environmental sustainability. Attendees included notable figures from government, industry, and academia, underscoring the collaborative effort towards achieving economic transformation.
As Nigeria continues its journey towards economic prosperity, the recommendations from NDFF 2024 serve as a roadmap for policymakers and stakeholders to prioritize local industries, enhance social welfare, and foster resilient economic growth.
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