“We are trying to make Nigeria a better society and we are contributing to a better economy. In the report we highlighted five key issues that are contributing to the challenges we are facing in Nigeria, if they are tackled and addressed, with good leadership and the help of the government, Nigeria should be one of the top economies in the world” Franklin Ngwu, Faculty, Strategy, Lagos Business School.
Nigeria, the giant of Africa, is undeniably one of the largest economies on the continent. In order to identify the factors that shape this great nation, the World Economic Forum (WEF) approached faculty members of Lagos Business School to co-curate the Nigerian Transformational Map.
These faculty members are: Dr Franklin Ngwu, Faculty Strategy; Dr Yinka David- West, Faculty, Management Information systems and Dr Ndidi Nnolie Edozien, Faculty, Strategy.
The Nigerian Transformational Map highlights five key issues challenging the growth of the Nigerian economy. The issues highlighted include: Infrastructural development; Youth Unemployment; Internal Insecurity; Good Governance and Human Capital. Ngwu notes that if these problems mentioned in the transformational map are tackled with the help of the government, Nigeria will be one of the economies in the world to be reckoned with. “We are trying to make Nigeria a better society and we are contributing to a better economy. These are they key issues that are contributing to the challenges we are facing in Nigeria, if they are tackled and addressed with good leadership and the help of the government, Nigeria should be one of the top economies in the world” Franklin Ngwu, Faculty, Strategy.
Speaking on the significance of the report to Lagos Business School, Ngwu notes that it puts LBS on a global map and it affirms the aims of LBS to keep contributing to a better society.
The Transformational Map agenda was introduced in 2015 by the World Economic Forum. Transformational maps allow people to delve into the similarities between global, industry and regional issues worldwide, which allows for a better understanding of the different forces that shape the world.
