NBGN economic development
NBGN economic development

NBGN Rebrands to Strengthen Nigeria’s Economic Growth

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The New Partnership for Africa’s Development Business Group Nigeria (NBGN) has embarked on a strategic rebranding initiative aimed at accelerating Nigeria’s economic development and fostering sustainable business growth.

NBGN’s Renewed Commitment to Economic Development

In a statement released to Vanguard, Bashorun Randle, Chairman of NBGN, highlighted the organization’s longstanding role in promoting economic advancement, regional integration, and sustainable growth in Africa. Over the years, NBGN has been instrumental in driving public-private partnerships and supporting Nigeria’s economic revitalization efforts.

According to Randle, the rebranding is set to transform NBGN into a leading force in shaping economic policies, enhancing business growth, and fostering a sustainable economic landscape in Nigeria. He emphasized the organization’s commitment to engaging key stakeholders, including government bodies, private sector leaders, and development partners, to achieve these objectives.

Key Areas of Focus in NBGN’s Strategic Rebranding

The repositioning strategy will prioritize trade, investment, and industrial development, ensuring an enabling environment for businesses. Randle further explained that NBGN aims to collaborate closely with government agencies, private enterprises, and international partners to facilitate economic growth and policy development.

Additionally, the organization will enhance direct engagement with major policymakers, including the Central Bank of Nigeria and the Ministry of Finance, to present structured policy recommendations aligned with Nigeria’s broader economic agenda.

Call for Stakeholder Collaboration

Randle urged all stakeholders—including government institutions, private enterprises, and the media—to actively support this vision. He reaffirmed that a unified effort can propel Nigeria’s economy forward, creating a more prosperous nation and contributing to Africa’s economic transformation.

For more insights on economic development strategies, visit The World Bank

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