NESG Warns Investment Gap Could Deepen Nigeria’s Job Crisis

The Nigerian Economic Summit Group has warned that current investment levels are too low to create enough jobs for Nigeria’s rapidly growing labour force. The group said an estimated 3.5 million people join the labour market each year. It called for greater investment in businesses, industry, infrastructure, innovation and human capital to raise productivity, incomes and employment. NESG identified infrastructure deficits, costly operations, regulatory uncertainty and limited long-term financing as major barriers to productive investment. It said ongoing economic reforms must translate into stronger business activity and real job opportunities. The issues will be discussed at the 32nd Nigerian Economic Summit in Abuja on October 26 and 27, 2026, under the theme, “Growth that Works: Delivering Jobs, Productivity and Shared Prosperity.”

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