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2024 National Budget Roundtable & Panel Discussion

By Covenant University, Centre for Economic Policy and Development Research
Thu, Jun 20. 9:15AM - 12PM
CUCRID Auditorium, Covenant University, Ota
upcoming in 3 days
2024 National Budget Roundtable & Panel Discussion

The annual National Budget Roundtable and Panel Discussion is here again!!! The Centre for

Economic Policy and Development Research, Covenant University has organized the

National Budget Roundtable on an annual basis since 2019. The roundtable and panel

discussion create a platform for industry, academia, and government parastatals to analyse the current happenings in the country to proffer actionable policies to solve the problems.

This year the National Budget Roundtable and Panel Discussion (2024 NBR) is

themed ‘Exchange Rate Management and National Budgeting for Sustainable Development in Nigeria’.

The study of exchange rate fluctuations in Nigeria has received a lot of interest in recent

years because of the country's unpredictable economic environment, which is full of

instability and uncertainty. The exchange rate is a key measure of an economy's health, and in

the case of Nigeria, it has been a focus for researchers, policymakers, and economists.

Various factors have contributed to the fluctuations in Nigeria's exchange rate, including but

not limited to global oil price fluctuations, which have a considerable influence on the

country's revenue due to its reliance on oil exports. Furthermore, issues such as high inflation

rates, balance of payment deficits, political instability, and changes in monetary and fiscal

policy have all played crucial roles in shaping the exchange rate dynamics in the country.

The recent shift towards the unification of exchange rate regimes and the removal of fuel

subsidies have introduced new dimensions to the exchange rate dynamics in Nigeria. These

policy changes have led to distortions in the foreign exchange market, altering the demand

and supply dynamics for foreign currency and impacting the value of the naira relative to

other major currencies.

Considering all of this, the forthcoming Exchange Rate Management and National Budgeting

for Sustainable Development in Nigeria event hosted by Covenant University's Centre for

Economic Policy and Development Research (CEPDeR) is a beacon of hope. The 2024

edition of CEPDeR's National Budget Roundtable and Panel Discussion seeks to ignite

debates and efforts aiming at altering the national economic landscape in the direction of

resilience and sustainable growth. Building on the success of previous editions in 2019, 2020,

2021, 2022, and 2023, this event aims to foster a collaborative environment in which

stakeholders can discuss transformative strategies to propel Nigeria toward a brighter

economic future marked by stability and sustainable development.

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