FeaturedHighlight

Elumelu: Those seeking political office must engage in economic debate

420

By Victoria Ayuwei—–For his significant contribution to economic thought and knowledge, the prestigious Nigerian Economic Society (NES) Tuesday honoured Mr Tony Elumelu with a distinguished fellowship of the Society.

“As an Economist, being recognised by the paramount national society for my profession feels both exciting and fulfilling, said an elated Elumelu.

“NES has done immensely well – it is one of the leading intellectual organisations in the country and has produced some of the most insightful research on economic policy – but as I said to them today, the world is fast changing, thus we must rethink the intent and purposes for which the Society was set up 60 years ago.”

“The NES should be more actively involved in shaping and creating a similar platform – through the National Assembly, INEC or the media – that ensures that those who want to lead us must engage in economic debate. It will encourage those vying for office to read available economic research and findings, and prepare a clear-cut agenda. When we begin to have enriched conversations on the economy, then Nigerians can make more informed decisions in chosing those who lead us.”

“To move forward, our leaders must pass progressive laws. There is so much we can unleash with such enabling policies.”

 

“We need to rethink how we are shaping and intervening in policy. Are we simply researching and analysing or are we following through to make sure that our work is being read, people are listening to it and that we are more active in ensuring the implementation of our policy recommendations?

“Why does this matter? It matters because we have all seen that economic progress is imperative for national development. In the United States, each major Presidential candidate must engage in debate to discuss the economy and what each candidate and his/her party promises to offer the country. Such debates at the highest levels not only mandates each candidate to have a feasible economic roadmap for the country, but also provides a platform where these agendas can be debated, refined and improved upon!

“Conducting and producing research is one thing but by far the most important aspect is implementation. We should hold our law makers more accountable in passing pieces of legislation that will drive economic and social development. Indeed, there are a variety of low hanging fruits that we can easily achieve as a country by legislating appropriately and timely. We won’t succeed without the right policies backed by legislation and due implementation.”

 

The Nigerian Economic Society (NES) was formed in 1957 by Nigerian scholars as a united platform for Nigerian Economists and allied Social Scientists to provide intellectual leadership in the process of understanding and managing economic, social and political change in Nigeria.  One of the objectives is to stimulate public interest in Economics and Social Studies, encourage the study and discussion of relevant problems with special reference to Nigeria, and provide a means of intercourse between persons interested in the fields of study.

Leave a comment

Related Articles

Rivers Gov. Fubara Gets Ultimatum: Resign or Face Impeachment, Says APC Chair Okocha

Rivers Gov. Siminalayi Fubara’s fate is hanging in the balance after Tony...

Ogun Govt Commends Tinubu as FG Takes Over Tai Solarin University of Education

The Ogun State Government has commended the Federal Government for its decision...

FG Takes Over Ogun State-Owned Tai Solarin University of Education, Ijebu Ode

The Federal Government has adopted and taken over the Tai Solarin University...

Rivers crisis: Fubara extends olive branch to 27 pro-Wike lawmakers, invites them for talks

Peace may be on the horizon in Rivers State as Governor Siminalayi...

Nigeria’s Eniola Bolaji Clinches Gold Medal at Spanish Para Badminton International II

Nigeria’s paralympic bronze medalist Eniola Bolaji has secured another gold medal, extending...

Nigerian Community in South Africa Celebrates Flamingos’ Victory in 2025 U-17 WWC Qualifier

The Nigerian community in South Africa showed remarkable national pride and unity...

Senate’s action against Natasha blatantly anti-democratic – Tietie, CASER’s Executive Director

The six-month suspension of Senator Natasha Akpoti-Uduaghan has sparked a heated debate...

Police Arrest Church Member Linked to Kidnapping of Two Reverend Fathers

For allegedly kidnapping two reverend fathers, a congregant of Catholic Dioceses Yola...

Liverpool’s Title March Continues as Salah’s Brilliance Sinks Southampton

Liverpool’s relentless pursuit of the Premier League title continued on Saturday as...

FCT Police Commissioner Beefs Up Security in Guzape, Kpaduma, Nyanya Hills

⁰lllFCT Police Commissioner Olatunji Disu took proactive measures at the weekend to...

Flamingos Soar to 3-1 Victory Over Bantwana in U17 Women’s World Cup Qualifier

Nigeria’s U17 girls, the Flamingos, took a significant step towards qualifying for...

Nigerian Navy Cracks Down on Economic Saboteurs, Deactivates Illegal Refineries in Delta State

In a bold move to combat oil theft and pipeline vandalism, personnel...

Natasha’s suspension due to disorderly conduct, not for sexual assault allegation – Senate Leader

Nigerians are weighing in on Senator Natasha Akpoti-Uduaghan’s suspension, and Senate Leader...

Fido raises concerns over marketing team transparency, lack of access to revenue numbers

Rising music star Fido (real name Awosika Olayemi Josiah) has criticised his...

FCT Chief judge reassigns Nnamdi Kanu’s case to new judge

Nnamdi Kanu’s case has taken a new turn as the Chief Judge...

Ex-INEC Chairman, Prof.Jega, Appointed Presidential Adviser

President Bola Ahmed Tinubu has appointed Prof. Attahiru Muhammadu Jega, a former...

Nigeria Plunged into Darkness as National Grid Suffers Another Partial Collapse

A widespread power outage swept across Nigeria on Friday, leaving several major...

Sen. Natasha’s suspension: PDP kicks, asks Akpabio to submit self for open investigation

The People’s Democratic Party (PDP) has condemned in very strong terms the...

Air Force personnel’s assault on IKEDC workers, journalists: Electricity distributors association demand probe

The invasion of the Ikeja Electricity Distribution Company’s headquarters by Nigerian Air...

NNPC Ltd Signs Deal to Supply 80mmscf/d of Gas to Ssonic Petroleum Ltd for LNG Facility

NNPC Ltd, through its subsidiary NNPC Gas Marketing Ltd (NGML) and joint...