FeaturedHighlight

Elumelu: Those seeking political office must engage in economic debate

852

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

FG Pensioners Plan Bold Nude Protest on Dec 8 to Demand Rights

The Coalition of Federal Pensioners of Nigeria is set to stage a...

2Face Cries Out: ‘My Family Has Destroyed Me, Damaged My Wife’s Character’

The ongoing controversy surrounding the marriage of award-winning singer Innocent Idibia, popularly...

Chinese Nationals’ Abductions in Kwara Heighten Fresh Security Fears

Two Chinese nationals working on a major road construction project in Kwara...

Breaking: Supreme Court Dismisses Osun’s Suit Against FG Over Withheld LG Funds

The Supreme Court dismissed a lawsuit filed by the Attorney General of...

Boris Johnson Touts Nigeria-Born Kemi Badenoch as UK’s Next Prime Minister

Former British Prime Minister Boris Johnson stirred excitement at the 2025 Imo...

List of 68 ambassadorial nominees at a glance

List of 68 ambassadorial nominees at a glance CAREER AMBASSADORS (34) Abia...

Nigerian, 26 Others Charged in US Midstate Banks $Multi-Million Fraud Scheme

At least, 27 people including a Nigerian have been charged to court...

Dangote Set to Become World Largest Fertiliser Producer by 2028

The Dangote Group, led by Aliko Dangote, is set to become the...

CJN Reaffirms Judiciary’s Commitment to Human Rights Protection

The Chief Justice of Nigeria (CJN), Justice Kudirat Kekere-Ekun, has reaffirmed the...

Appeal Court Declares VIO Illegal, Lacks Power To Seize Vehicles, Impose Fines

The Court of Appeal, Abuja Division, on Thursday affirmed an earlier judgment...

NPA to Drive Growth in Non-Oil Export Sector

The Nigerian Ports Authority (NPA) says it is committed to boosting the...

Maritime Workers Union Meets NPA, Pledges Support for Sector’s Growth

The Maritime Workers’ Union of Nigeria (MWUN) has reaffirmed its commitment to...

EFCC Seeks Reversal of Ruling on 27 Forfeited Assets

The Economic and Financial Crimes Commission(EFCC) has filed a notice of appeal...

Updated: Tinubu nominates ex-Rivers administrator Ibas, Dambazau, others as ambassadors

President Bola Tinubu has forwarded another batch of non-career ambassadorial nominees to...

Out-of-Control Truck Crushes Traffic Cop, Leaves Another Injured in Abuja

The Federal Capital Territory (FCT) Police Command tragically lost one of its...

Tinubu Lauds Senate for Swift Defence Minister’s Confirmation

President Bola Tinubu has commended the Nigerian Senate for the speedy screening...

South Africa to Boycott US-led G20 Meetings After Exclusion

South Africa has announced it will not participate in the G20 meetings...

China Backs Nigeria’s Security, Economic Reforms

The Chinese Ambassador to Nigeria, Mr. Yu Dunhai, has reaffirmed China’s support...

Abia Gov. Otti’s meeting with Tinubu Centres on Kanu, not defection – Aide

Abia Governor Alex Otti’s Special Adviser on Media and Publicity, Ferdinand Ekeoma,...

NEC Approves N100bln for Security Agencies’ Training Institutions

The National Economic Council (NEC) has approved N100 billion for the rehabilitation...