NewGlobe, a global leader in learning and learning expert will be showcasing homegrown education transformation at scale success stories in Nigeria   at the 28th Nigerian Economic summit holding on the 14th and 15th of November 2022.

The 28th Nigerian Economic Summit (NES #28) will convene national and global policymakers, business leaders, development partners, civil society leaders and scholars to articulate the country’s development imperatives that satisfy the need for economic security and sustainability, social justice, conscientious governance, political stability and environmental sustainability.

The annual Nigerian Economic Summit is organized by the Federal Government of Nigeria through the Federal Ministry of Finance, Budget and National Planning in partnership with the Nigerian Economic Summit Group, representing the private sector. It has become the flagship event of government and business and has provided a credible and widely recognized platform for forging understanding and consensus on the national economic policy direction and growth strategies. Over the past 28 years, national and global policymakers and business leaders have acknowledged that the annual NES is the premier platform for public-private dialogue in Nigeria.

The theme of this year’s Summit is “2023 and Beyond: Priorities for Shared Prosperity”.  Discussions at NES #28 will be dimensioned across four sub-themes: Delivering Macroeconomic Stability for Shared Prosperity; Investing in Our Future; Unlocking the Binding Constraints to Execution; and Reframing the Agenda for Transformational Leadership. These sub-themes will run through all the sessions at the Summit as stakeholders highlight the imperatives of Economic Sustainability, Inclusive Growth, Execution, Political Economy and Visionary Leadership as drivers of sustainable socioeconomic development.

NewGlobe will be participating in at the interactive Panel – “Eradicating Learning Deprivation” which will deliberate on solutions to learning poverty in Nigeria. According to UNICEF, 70% of Nigeria’s Children are learning deprived and Nigeria accounts for one of the highest proportions of children of primary school age who are not in school. Through its learning poverty measure, the World Bank has identified reading as an essential foundation for future learning outcomes at all levels. Understanding the layered behavioral factors that propel learning poverty in Nigeria is therefore necessary to proffer workable solutions to the education sector. The data shows that acute learning deprivations in children today will become drivers of chronic destitution in large segments of the Nigerian population if not urgently addressed.

NewGlobe represented by Omowale David-Ashiru, Group Managing Director, will share insights and learnings from homegrown large-scale Nigerian education transformation solutions that NewGlobe has been a part of. Partnering with State governments in Nigeria, NewGlobe is strengthening education systems in Edo (EdoBEST), Lagos (EKOEXCEL) and Kwara (KwaraLEARN) and by extension delivering life-changing education solutions to children in urban and even hard-to-reach rural communities. These states have adopted the attainment of SDG-4 as a strategy for enshrining future economic prosperity, peace and stability.

NewGlobe partnered education programs utilize a holistic learning methodology that was recently the subject of a

2-year study led by 2019 Nobel Prize winning professor Michael Kremer. The Kremer Study finds that NewGlobe methods deliver unequivocal major learning gains across every academic year in NewGlobe-supported schools, compared with other schools. These are particularly large in the “key grades” for Foundational Literacy and Numeracy (FLN), primary classes One and Two. Kremer and his co-authors found that students in early childhood years supported by NewGlobe received the equivalent of an additional year and a half of learning in two years.

NewGlobe is uniquely positioned to support foundational literacy and numeracy growth in Nigeria, the essence of the “Eradicating Learning Poverty” interactive session and will be doing so at the 28th Nigerian Economic Summit.

His Excellency President Muhammadu Buhari, GCFR, is expected to declare the 28th Nigerian Economic Summit open, while the Vice President, His Excellency Prof. Yemi Osinbajo (SAN), is expected to close the Summit.