The report on the Eighth Nigerian Economic Summit with the theme: “Nigeria’s Economic Priorities; How Do We Deliver”, is an incisive and thorough articulation of an implementation action plan through which democracy dividends can be delivered.
The eighth summit, unlike previous summits which focus on the “Big picture and long-term direction issues”, focuses on crafting an action agenda to deliver on economic priorities defined in terms of identified growth drivers namely, job creation, security, infrastructure, sector reforms and investment climate; as well as the require critical and specific actions (to be under taken by whom, when and how) over the short-to-medium term period, that will generate quantum multiplier effect on the economy and thus stimulate sustainable economic growth and development-an imperative for Nigeria’s nascent democracy to thrive.
It also identified and emphasizes the fundamental role of entrepreneurship and the need to follow through on – going reforms if the Nigeria economy is to present investors with a “preferred investment destination status”, in a highly globalized knowledge economy driven by information technology.
 

Table Of Contents

Section 1: Eight Nigerian Economic Summit……………………………………….…….P. 4

Wednesday, 17th October, 2001
Welcome Address To Participants ………………………………….................P. 4
Invitation To President, Federal Republic Of Nigeria To Give
His Address-Dr. Magnus L. Kpakol, Chief Economic Adviser To The President…………….............................................................................P. 5
Keynotes Address- His Excellency President
Olusegun Obasanjogcfr ……………………………………………............................…P. 5
National Presentation- Atedo Peterside, Mustapha Bello
And Dayo Lawuyi…………………………………………………...................................P. 6
Combating Corruption For Development: From Words To
Deeds Miguel Schloss ………………………………………………..............................P. 10
Vote Of Thanks-Mr. Titus Adeboye…………………………...................……P. 13
Special Summit Dinner: ……………………………………….............................…..P. 14
Thursday, 18th October, 2001……………………………………....................………P. 18
The “Indispensable Small And Medium Enterprises”, SMEs-
Harold Rosen (Guest Speaker) ……………………………….........................…..P. 18
Delivering Through Quality: “If The Asian Tigers Can,
Why Can Nigeria”- Fred Thomson ……………………………….........................P. 19
Group Discussions …………………………………………………..............................P. 20
Summit Gala Dinner ………………………………………………...........................…P. 20
Welcome Remarks- Dr. Magnus Kpakol ………………………....................….P. 21
Nigeria Matters- Baroness Lynda Chalker (Guest Speaker)…..........…….P. 21
Vote Of Thanks- Chief Kola Daisi ………………………………….......................P. 23
Friday, 19th October, 2001………………………………………….................……….P. 24
Feedback From Work Groups ……………………….....................................P. 24
Presentation- Guest Speaker, Vernon J. Ellis ……………………...............….P. 24
Presentation Of Recommendations Of NES #8 To
His Excellency President Olusegun Obasanjo GCFR …………...................P. 26
Invitation To The President To Give His Closing
Address Dr. Magnus L. Kpakol ……………………………….............................P. 35
Closing Address – His Excellency President
Olusegun Obasanjo, GCFR ……………………………………...........................….P. 35
Section 2 ………………………………………………………............................………….P. 37
Group Reports …………………………………………………….........................……….P. 37
1. Infrastructure …………………………………………………..........................…P. 37
2. Budget And Economic Coordination …………………...............…………..P. 43
3. Human Capital, Science And Technology …………………............………P. 46
4. Smes Informal Sector And Wealth Creation ………………..........………P. 50
5. Agriculture And Food Security …………………………….................………P. 53
6. Oil And Gas Sector ……………………………………………….......................P. 55
7. Banking And Finance …………………………………………......................…P. 63
8. Privatization And Deregulation ………………………….................……….P. 69
9. Competitive Industrialization ……………………....................……………P. 76
10. Rebuilding Institutions …………………………………….....................……P. 79
11. Investment ……………………………………………………….........................P. 83
Comments, Questions And Answers …………………………....................……P. 85
Section 3 …………………………………………………………………........................….P. 90
Summary Of Summit Recommendations Presented To The
President, Federal Republic Of Nigeria …………………………………..........…..P. 90