Barely a week ago it started another edition of engagement with the leading Presidential candidates, Lagos Chamber of Commerce and Industry (LCCI) today, at Commerce House, Victoria Island, is forging ahead with its traditional Private Sector Economic Forum on the 2023 Presidential Candidates.
Recall that the Chamber, featured last week Tuesday, a former Vice President (VP) and standard bearer of the opposition People’s Democratic Party (PDP) Atiku Abubakar.
Atiku in his 12-page Economic Agenda titled: “Nigeria Dresses in Borrowed Robes”, berated the ruling All Progressives Congress APC-Administration, for performing abysmally low, lamenting that “the APC-led government has consistently run-on budget deficits since it came into power in 2015”.
The former VP decried further that the budget deficits were always above the three per cent threshold permissible under the Fiscal Responsibility Law.
Speaking about his vision, the PDP Presidential candidate promised that his economic growth and development agenda would primarily seek to stimulate “growth of the economy”, noting that Nigeria has the potential to double its GDP by 2030 and “achieve a per capita income of approximately $5,000”.
Atiku also promised to extend a warm handshake to the private sector, pledging that his administration would support it, to drive growth, establish strong partnership in investing on infrastructure, creating jobs, generating income and waging war against poverty.
LCCI is not resting on its oars. Today, (Monday) it is featuring a former Governor of Anambra State, South East Nigeria and the Presidential flagbearer of the opposition Labour Party (LP) Peter Obi.
Obi is also expected to present his clear and pragmatic economic roadmap to the audience, comprising critical private sector business owners, media executives and politicians.
The session promises to be another revealing episode, especially with respect to Obi’s new but realistic economic blueprint for Nigeria.
Similarly, the fact that economy seems to be the comfort zone of the LP Presidential candidate will most likely make today’s session a more exciting experience and another bumper take home for the mixed participants.
Why the Private Sector Economic Forum?
LCCI President, Asiwaju Michael Olawale-Cole in his address last week Tuesday at the first session, established that the Chamber was apolitical, yet, keen on setting the economic agenda for the political parties’ candidates and their plans “to make a better Nigeria in the next generation”.
The President noted that the Chamber was aware of the overshadowing effect of politics over economics in managing the Nigerian economy; therefore, it was determined to set a new economic order.
Asiwaju Olawale-Cole asserted that the new order could take the country’s economy from the “doldrums”, adding that new policy directions, institutional reforms and sound governance are critical to creating a new economic order in Nigeria, reiterating that this was among the crucial factors that informed the Forum.
After Obi, the Chamber is expected to host the Presidential candidate of the ruling APC and a former Lagos State Governor, Asiwaju Bola Ahmed Tinubu.
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