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ABOUT US
GENERAL INFORMATION
Institutions
Formation:
The Nigerian Economic Society (NES) was formed in 1957 by Nigerian scholars as a united platform for Nigerian Economists and allied Social Scientists to provide intellectual leadership in the process of understanding and managing economic, social and political change in Nigeria. The first constitution of the Society was adopted on January 4, 1958. The Nigerian Economic Society organized its first seminar on April 5, 1958 at London and began publishing its main organ, Nigerian Journal of Economic and Social Studies (NJESS) in 1959.
Objectives:
- The study of the economic and social problems of Nigeria and for Members to express opinions thereon.
- Make Nigerian Economists and Social Scientist relevant to Nigerian economic, social and political processes.
- Stimulate public interest in Economics and Social Studies, encourage the study and discussion of relevant problems with special reference to Nigeria, and provide a means of intercourse between persons interested in the fields of study.
Membership:
- Any graduate of economics or allied subjects (Nigerians and non-Nigerians), or anyone adjudged to be sufficiently knowledgeable in Economics or allied subjects by the National Executive Council is eligible for admission into the Society on application.
- Membership of the Society:-
The membership of the Society consists of six categories:
- Associate Membership: graduates of five years or less
- Full Membership: Graduates of more than five years
- Life Membership: After five years of full financial membership
- Corporate Membership: Businesses or non-academic departments of tertiary institutions
- Institutional Membership: Academic departments of tertiary institutions
- Life Corporate membership: Paid-up Corporate members after five years of registration
- The Society has 200 Associate Members, 1768 Full Members, 730 Life membership, 23 Corporate Members, 40 Institutional members and 13 Life Corporate members.
Rights and Privileges of Paid-up Members:
- Right to attend and participate in all the activities of the Society
- Right to attend and participate in Annual General Meeting of the Society
- Free Copy of Newsletter
- Free Copy of Journal (Associate Members are excluded).
- Election to Fellowship of the Society (Full and life members subject to constitutional provisions)
Annual Activities (Calender)
One Day Seminar
The one-day seminar usually holds towards the end of the first quarter every year usually at the Nigerian Institute for International Affairs, Lagos. The one-day seminar is the forum for interfacing with the private sector. The theme and sub-themes are carefully chosen for their relevance and timeliness. The themes in the last three years are:
- Year 2003: Fiscal Policy Management in Nigeria
- Year 2002: Monetary Policy and Exchange Rate Stability
- Year 2001: Electronic Business in Nigeria: Opportunities, Prospects, Constraints and Dangers
- Year 2000: Deregulation of the Petroleum Industry in the Nigeria
Annual Conference
The Annul Conference of the Nigerian Economic Society is facilitates annual intercourse between persons interested in the fields of economic study. The Annual Conference also encourages the study and discussion of national, regional and global economic problems and where members present cutting edge research on a selected theme and sub-themes. The Annual Conference contains two main activities:
- Presentation of papers on a major theme and sub-themes
- Annual General Meeting where among other things, the President, Secretary, Editor and Business
Manager render account to members at the AGM of their activities in the last financial year. In election years, the AGM elects new officers for into the National Executive Council of the Society.
The Nigerian Economic Society (NES) held its first seminar on Saturday, April 5, 1958 in London, a year after the founding of the Society. The four papers presented at the Seminar and their authors are as follows:
- Some Social Implications of Economic Change in Nigeria - DR. L. P. MAIR
- Rail-Road Problems in Nigeria - G.O. IJEKWERE
- Agriculture and Economic Development in Nigeria - S.A. ALUKO
- Agriculture and Economic Development in Tropical Africa - DR. H.A. OLUWASANMI
The founding members of the Society saw the seminar as one of the initial steps in making a positive “impact upon the social, political and economic revolutions (then) taking place” in Nigeria. The issues each of the four papers addressed remain topical even today. Since that first seminar, the society has always chosen as conference and seminar themes, issues of current theoretical and policy relevance to Nigeria’s economic development. Table 1 shows clearly that the Society has sustained the topicality, relevance and vision of the 1958 seminar.
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