The Ekiti State government is set to hold its maiden Economic Development and Investment Summit on October 14, 2021.
This was disclosed by Akintunde Oyebode, the Commissioner of Finance and Economic Development of the state on Friday in a statement, which was seen by Nairametrics.
Oyebode explained that the summit was designed as an annual event, to showcase the State’s socio-economic progress, and position Ekiti State as an attractive destination for investors.
What you need to know about the event
The session will be hosted over one-day, and will have a keynote speaker, as well as a minimum of two panels to interrogate topical issues.
The participants are the members of the Federal Executive Council, members of the National Assembly, members of the Ekiti State Executive Council, the members of the Ekiti State House of Assembly and representatives of Federal Government Institutions among others.
The 2021 edition, the first in the series, will explore the theme: “Investment Attractiveness and Economic Development – Lessons for Sub nationals.” The discussion will be led by a keynote address to be delivered by His Excellency Professor Yemi Osinbajo, GCON, SAN, the Vice-President of the Federal Republic of Nigeria.
The session will have the following panelists: Nasir el-Rufai, Governor of Kaduna State; Babajide Sanwoolu, Governor of Lagos State; Inuwa Yahaya, Governor of Gombe State, and Godwin Obaseki of Edo State among others.
What the government is saying about the summit
Oyebode said, “At the end of the summit, the recommendations from the keynote address, as well as the various panels will be collated and reviewed by the Ekiti State Economic Council, and subsequently presented to the Ekiti State Executive Council for adoption.”
These recommendations, according to him, will cover how Ekiti State can drive double-digit economic growth over the next decade; attract the necessary private sector investment to drive economic growth and provide the necessary infrastructure to make the state attractive to investors.
“It will help generate the required revenue to make the state less dependent on Federally distributed revenues, improve on the critical human development indicators to improve the quality of life for residents; and leapfrog from its current position to become a top-5 sub-national economy in Nigeria,” he added.