Moving from Regulation to Policy Action-the Challenge
The Initiative for Public Policy Analysis (www.ippanigeria.org) (IPPA) is organizing a Breakfast Policy-Dialogue with the theme: “Moving from Regulation to Policy Action-the Challenge.”
The successive governments in Nigeria have made diversification of the economy as one of their core policy thrusts. The policy thrusts revolve around attracting foreign direct investment (FDI). In other words, governments at all levels expect private sector led investment at a pace that will supplant the oil and gas sector. But one nagging question remains: “Does the present regulatory environment incentivize FDI?” Within the context of the National Tobacco Control Act (NTCA) which was signed into law in 2015, the implementation of the law has been problematic, thus detracting the law from its intended purposes. Regulations are critical to shaping economic development and ultimately creating wealth. The main objective of any regulatory policy is to ensure that regulations work effectively, and are in public interests. For a highly regulated product like tobacco, a fair balance has to be made to all issues involved to serve public interests, that is, those who consume the products and those that do not.
The Food, Beverage and Tobacco industry is globally viewed as an important sector. It has a 4 percent share of global GDP. In Nigeria, according to the National Bureau of Statistics (NBS), the sector contribution to the GDP declined in 2016. Given the present administration’s desire to re-direct the economy towards non-oil-led growth, it is crucial to get the implementation of any regulation right. However, it is misleading to attribute the lack of effective implementation of NTCA to non-state actors and stakeholders such as the private-sector operators. The forum therefore is expected to shine more light on the regulatory environment in the private sector generally, and particularly as it relates to the Food, Beverage and Tobacco industry in Nigeria. Theme: Moving from Regulation to Policy Action: the Challenges.
Date: Tuesday 17, October 2017
Venue: Protea Hotel, Isaac John Street Ikeja GRA, Lagos
•Dr. Vincent Nwani, Director of Research & Advocacy, Lagos Chamber of Commerces (Bio) (Presentation)
• Mr. Jiti Ogunye,Principal Counsel, Jiti Ogunye Chambers (Bio)
• Dr. Olajide Damilola, Health Economist UK & Senior Research Fellow IPPA (Bio) (Presentation)
• Hon. Odebunmi Olusegun Dokun,Chairman, House Committee on Information (House of Representatives) (Keynote Address)
• Thompson Ayodele, MA, Initiative for Public Policy Analysis, Lagos
This event is free, but limited seats are available. To confirm your attendance, please RSVP: firstname.lastname@example.org or email@example.com or call 080-2302-5079