Would you like to receive notifications on latest updates of the following headlines?

NECA to FG: Adopt Alternative Policies For Private Sector Growth

POSTED ON June 22, 2024 •   BUSINESS & ECONOMY      BY Benedicta Bassey
The Director-General of the Nigeria Employers’ Consultative Association, Mr Adewale Oyerinde/ Photo credit: Chronicles

The Director-General of the Nigeria Employers’ Consultative Association, Mr Adewale Oyerinde, has called on the Federal Government led by President Bola Tinubu to adopt alternative policies to boost growth and development in the private sector.

Oyerinde gave the advice at a press conference on the upcoming  Nigeria Employers’ Summit, themed, ‘Economic Renaissance: Harnessing Government Reforms and Private Sector Agility’, scheduled to hold between June 25 and June 26, 2024 in Abuja.

He maintained that private sector remained a pillar for growth and human-capital development.

“The summit would facilitate dialogue between employers, government agencies, and stakeholders to address crucial issues in the private sector. It aims to strengthen engagement and propose alternative policies, acknowledging the government’s need for recommendations,” Oyerinde said.

According to the NECA boss, the new government’s reforms are impacting national life differently, stating that NECA aims to facilitate opportunities for government interaction with organised businesses on these reforms.

He further said that the summit aimed to connect the reforms with the private sector rather than scrutinise them.

Also,  the Chairman of the Committee of Finance Experts, NECA, who is also the Co-chair of the summit,  Mr Olumuyiwa Adebayo, added, “We understand that we are in a democratic system and to allow government’s activities to function appropriately and achieve its goals, we need to support the government.

"We also need support them in policy making and to take the government to task when there is the need to do so and this is through advocacy.”

He called on the government to create an enabling environment for businesses to strive.

READ ALSO
FG Unveils Strategy to Enhance Aquaculture and Reduce Fish Imports in Nigeria
BY Abiodun Saheed Omodara July 16, 2025 0

The federal government is committed to reducing Nigeria's reliance on fish imports by enhancing loca...

READ ALSO
FG Partners CILSS to Enhance Food and Nutrition Safety in Nigeria
BY Abiodun Saheed Omodara July 16, 2025 0

The Federal Government is intensifying its initiatives to improve food and nutrition safety through...

READ ALSO
Dangote Aims to Cut Cooking Gas Prices, Plans Direct Sales to Consumers
BY Abiodun Saheed Omodara July 16, 2025 0

President of the Dangote Group, Alhaji Aliko Dangote,  has revealed intentions to lower th...

READ ALSO
US-Nigeria Trade Relations Face Significant Decline Amid New Tariffs
BY Abiodun Saheed Omodara July 14, 2025 0

The trade ties between the United States and Nigeria have encountered a notable decline, with offici...

READ ALSO
FG Commits to Clearing Legacy Debts for Gas Producers
BY Abiodun Saheed Omodara July 12, 2025 0

The Federal Government has announced its intention to clear all due payments to gas producers, inclu...

READ ALSO
Solid Minerals Minister Addresses Blackmail Against Mining Marshals, Vows Sector Reforms
BY Abiodun Saheed Omodara July 12, 2025 0

The Minister of Solid Minerals Development, Dr. Dele Alake, has stated that the Mining Marshals (MM)...

READ ALSO
Senate Calls for Reassessment of Nigeria's Power Sector Strategy
BY Abiodun Saheed Omodara July 11, 2025 0

The Senate has urged the Federal Government to reconsider its strategy regarding the power sector, a...

READ ALSO
Crypto Bridge Exchange Collapse Sparks Urgent Senate Inquiry into Ponzi Schemes
BY Abiodun Saheed Omodara July 10, 2025 0

The Senate initiated an extensive investigation into the surge of Ponzi schemes across the nation, o...

OUR CHANNELS:

Obasanjo Advocates for Effective Operators Over a Perfect Constitution in Nigeria
BY Abiodun Saheed Omodara July 17, 2025 0

Former President Olusegun Obasanjo says Nigeria needs the right operators of the constitution, not a...


FG Partners CILSS to Enhance Food and Nutrition Safety in Nigeria
BY Abiodun Saheed Omodara July 17, 2025 0

The Federal Government is intensifying its initiatives to improve food and nutrition safety through...


Awujale's Burial Liberation for Yoruba Traditional Institution - Oluwo of Iwo
BY Abiodun Saheed Omodara July 16, 2025 0

The Oluwo of Iwo, Oba Abdulrosheed Akanbi, has referred to the burial of the late Awujale of Ijebula...


Dangote Aims to Cut Cooking Gas Prices, Plans Direct Sales to Consumers
BY Abiodun Saheed Omodara July 17, 2025 0

President of the Dangote Group, Alhaji Aliko Dangote,  has revealed intentions to lower th...


Meta Cracks Down on Fake Profiles: Over 10 Million Accounts Removed
BY Abiodun Saheed Omodara July 17, 2025 0

Meta, the parent organization of Facebook, has intensified its initiatives to enhance the platform's...


Nation Mourns: Tears Flow at the Funeral of Former President Muhammadu Buhari
BY Abiodun Saheed Omodara July 17, 2025 0

Tears streamed down faces at the funeral for the late former president, Muhammadu Buhari, as his bod...


Oyo Speaker Advocate Creation of State Police amidst 700,000 Lives Lost to Insecurity
BY Abiodun Saheed Omodara July 17, 2025 0

The Speaker of the Oyo State House of Assembly, Adebo Ogundoyin, has advocated for the creation of s...


Police kill six suspected kidnappers in Delta
BY Abiodun Saheed Omodara July 17, 2025 0

The Delta Police Command reports that six kidnapping suspects have been eliminated in the state.&nbs...


US-Nigeria Trade Relations Face Significant Decline Amid New Tariffs
BY Abiodun Saheed Omodara July 17, 2025 0

The trade ties between the United States and Nigeria have encountered a notable decline, with offici...


President Tinubu Leads Tributes for Buhari and Oba Adetona
BY Abiodun Saheed Omodara July 17, 2025 0

President Bola Tinubu has guided countless Nigerians in grieving the loss of his predecessor, Muhamm...


More Articles

Load more...

Menu