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Nigeria’s Economic Future: EFCC Boss to Share Perspectives at WorldStage Economic Summit
By prince Benson Davies
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, will be a key speaker at the WorldStage Economic Summit 2025, scheduled to take place on November 21, 2025, in Lagos. The summit’s theme, “Tackling the Issue of Low Productivity in Nigeria,” highlights the importance of addressing economic challenges and promoting sustainable development. Olukoyede’s presentation on “Anti-Corruption Efforts of the EFCC to Boost Ease of Doing Business” will provide valuable insights into the commission’s efforts to combat economic and financial crimes and improve the business environment in Nigeria.
According to a statement by the organisers, World Stage Limited, a research and technology driven Africa focused firm, Olukoyede will join other top chief executives which include Dr. Olasupo Olusi, Managing Director/CEO, Bank of Industry (BoI); Mr Segun Ajayi-Kadir, Director-General, Manufacturers Association of Nigeria (MAN); Mr. Adewale Smatt-Oyerinde, Director General, Nigeria Employers’ Consultative Association (NECA) and Dr Abidemi Adegboye, an academia from the University of Lagos that have confirmed participation.
The statement also confirmed that one state governor, one minister and 21 organisations will receive WorldStage Economic Summit Awards For Outstanding Economic Impacts in 2025 at the summit.
WES is conceived to address economic challenges through diagnoses and application of practicable solutions with public and private sector engagement in a research and innovation driven platform to inspire new thinking in business initiative, policy formulation/implementation, economic reform and development.
Top corporate institutions that are supporting the WES 2025 include Central Bank of Nigeria (CBN), Nigerian Communications Commission (NCC), Nigerian Exchange Group Plc (NGX), NLNG, Zenith Bank, Access Bank, Polaris Bank, Fidelity Bank, Sterling Bank, Sahara Group and Ecobank.
Other critical stakeholders for economic productivity expected to take the front seats at the summit include federal, state governments and private bodies responsible for food production, technology transfer, job creation, energy supply, blue economy, banking and export promotion.
The statement said, the summit will specifically attract those in the manufacturing, oil and gas, housing, agriculture, and water resources, banking, insurance, maritime, ICT, aviation, mining, hospitality & tourism, health care, education, transportation, local and foreign investors, and the media.
Mr Segun Adeleye, President/CEO, World Stage Limited said one of the biggest challenges facing Nigeria’s economy is low productivity.
“Even-though many are working, almost half of Nigerians are estimated to be poor, living below the national poverty line with multidimensional poverty at 63% and income poverty at 40%, just because the right jobs are not available,” he said.
“The question being asked by many is that if Nigeria’s economy is transforming, does the transformation deliver higher productivity jobs to raise living standards?”
