CSEA hosted representatives of the World Bank Nigeria Office on July 31, 2023 for a presentation of the ‘Nigeria Development Update: Seizing the Opportunity’ report.
The report, which is an assessment of Nigeria’s economic development, notes that Nigeria’s economic performance weakened in the first part of 2023 amid a challenging global context and domestic economic distortions.
The report further notes that the global economy, still grappling with the compounded effects of the COVID-19 pandemic, Russia's invasion of Ukraine, and the sharp tightening of monetary policy to curb high inflation, remains in a precarious position (World Bank, 2023).
While external financing conditions have broadly stabilized over the past six months, they remain challenging, especially for frontier markets such as Nigeria. Emerging and developing economies face deteriorating growth prospects due to the higher cost of borrowing, limited access to international capital markets, high inflation, and record debt levels.
Read the report here.
On July 12, 2023, the Southern Voice and the United Nations Foundation convened participants in New York, on the sidelines of the 2023 High-Level Political Forum for the "Balancing Urgency and Inclusion: Lessons from Policy Responses to the Pandemic across the Global South for the 2030 Agenda" event.
The meeting provided a platform for participants to reflect on lessons learned through the pandemic in Africa, Asia, and Latin America and the Caribbean, on how to navigate urgency while ensuring positive outcomes for all.
Our Executive Director, Dr Chukwuka Onyekwena in his presentation, discussed the urgency-inclusion balance for pandemic policy responses.
Catch all the highlights from the event here: https://shorturl.at/ehS34
On 22nd and 23rd June 2023, we hosted the Nigerian Economics Student's Association, University of Abuja and the University of Nigeria, Nsukka chapters for an educational visit at the Centre.
The event featured presentations by the Executive Director, Dr. Chukwuka Onyekwena; Nigeria’s Ambassador to Burundi, H.E., Elijah Onyeagba, Ph.D; CSEA’s Director of Research, Dr. Adedeji Adeniran; visiting Academic Professor, Emmanuel O. Nwosu and the Head of Communications, Drusilla David.
There were also sessions led by the Centre’s researchers, which provided a platform for peer learning and networking.
CSEA founder and Director General of the World Trade Organisation Dr. Ngozi Okonjo-Iweala, received the 2023 Kiel Institute for the World Economy Prize, alongside Professor Leonard Wantchekon and Dr. Eleni Gabre-Madhin on June 19, 2023.
The notable Global Economy Prize honours the recipients for their outstanding achievements and commitment to Africa's sustainable development.
Dr. Okonjo Iweala was also awarded an honorary doctorate degree from the University of Glasgow in recognition of her contributions in the field of Economics and policy on the 14th of June 2023.
On June 21, 2023, CSEA hosted stakeholders from the tobacco policy space in Nigeria to discuss findings from our research in our latest policy brief titled 'The Role of States in Tobacco Control Nigeria'.
This research is conducted with support from Cancer Research Uk (CRUK) in partnership with Development Gateway.
This policy brief underscores the importance of state involvement in tobacco control efforts and provides evidence-based recommendations, utilizing the WHO MPOWER framework, to assist state governments in Nigeria, in effectively implementing tobacco control policies and programs to protect their residents from the harmful consequences of tobacco use.
The event held at CSEA Conference hall in Abuja, Nigeria, featured presentations from CSEA research team and Development Gateway.
There were also breakout sessions where participants had in-depth discussions, knowledge transfer, sharing of experiences, as well as the administration of a tool kit that will serve as a guide for further discussions in other states, specifically on how to implement global best practices on tobacco control.