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NECA to FG: Adopt Alternative Policies For Private Sector Growth

POSTED ON June 22, 2024 •   Business      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.

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