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      BY Benedicta Bassey •   VIEWS 124
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.

RECOMMENDED FOR YOU
Dangote Refinery reduces petrol price by two per cent
BY Benedicta Bassey November 25, 2024 0

NIGERIA  — Dangote Petroleum Refinery has reduced the price of Premium Motor Spirit, PMS,...

RECOMMENDED FOR YOU
IMF pledges support for Tinubu's reforms
BY Abiodun Saheed Omodara November 21, 2024 0

The President of the International Monetary Fund (IMF), Kristalina Georgieva has expressed strong ba...

RECOMMENDED FOR YOU
Amazon Shares Show Resilience Amid Market Fluctuations
BY Suleiman Kelvin Jimoh November 21, 2024 0

Amazon.com Inc (AMZN) has demonstrated a remarkable rebound in the stock market, showing a year-to-d...

RECOMMENDED FOR YOU
Gombe gov presents N320bn 2025 budget to assembly
BY Abiodun Saheed Omodara November 20, 2024 0

Gombe State Governor, Muhammadu Yahaya, presented a proposed budget of N320.11 billion for the 2025...

RECOMMENDED FOR YOU
NNPCL: Coalition group vows protest, says 1.6bn litres PMS will cripple economy
BY Benedicta Bassey November 20, 2024 0

NIGERIA—Following the decision by the Nigeria National Petroleum Company Limited (NNPCL), to i...

RECOMMENDED FOR YOU
FG reviews housing budget to N500bn for 2025
BY Benedicta Bassey November 19, 2024 0

NIGERIA —The Federal Government on Tuesday said it is reviewing it's annual housing budget to...

RECOMMENDED FOR YOU
Naira appreciates, hit N1,735/$ in parallel market
BY Benedicta Bassey November 19, 2024 0

The Naira appreciated to N1,735 per dollar in the parallel market from N1,740 per dollar last weeken...

RECOMMENDED FOR YOU
Tinubu, India PM sign pacts to foster collaboration in defence, economy
BY Benedicta Bassey November 18, 2024 0

NIGERIA — Nigeria and India have entered into partnership to foster collaboration in  def...

OUR CHANNELS:

OTHER ARTICLES ::

25th November, 2024
Lagos residents petition IGP over FHA's breach of court orders
BY Benedicta Bassey November 25, 2024 0

LAGOS STATE, Nigeria - Following an alleged breach of the rule of law by officials of the Feder...


Dangote Refinery reduces petrol price by two per cent
BY Benedicta Bassey November 25, 2024 0

NIGERIA  — Dangote Petroleum Refinery has reduced the price of Premium Motor Spirit, PMS,...


Jet crash: One dead, others sustains injury in Lithuania
BY Benedicta Bassey November 25, 2024 0

LITHUANIA, Europe: One person has died, and three others were injured following a cargo plane that c...


Celebrated South African writer, Breytenbach dies leaving strong legacy
BY Benedicta Bassey November 25, 2024 0

South Africa —  Celebrated anti-apartheid writer, poet and activist, Breyten Breytenbach,...


Boats mishap claim 24 Somali migrants near Madagascar
BY Benedicta Bassey November 25, 2024 0

MOGADISHU, East Africa --- At least 24 Somali nationals have died after two boats carrying migr...


Probe humanitarian ministry's missing N57bn, SERAP tells Tinubu
BY Benedicta Bassey November 25, 2024 0

NIGERIA — The Socio-Economic Rights and Accountability Project has called on President Bo...


Lagos Govt extols S’Court verdict, nullifying National Lottery Act
BY Benedicta Bassey November 25, 2024 0

LAGOS, Nigeria  — The Lagos State Government has hailed the Supreme Court judgm...


A’Ibom suspends principal, begins probe over poor meal in boarding schools
BY Benedicta Bassey November 25, 2024 0

AKWA IBOM, Nigeria  — The Akwa Ibom State government has suspended the principal of...


NAFDAC warns against unsafe antibiotics use in animals, humans
BY Benedicta Bassey November 25, 2024 0

NIGERIA  — The Director-General, National Agency for Food and Drug Administration an...


Top doctors halt strike action to review FG's response
BY Benedicta Bassey November 25, 2024 0

NIGERIA — The Medical and Dental Consultants’ Association of Nigeria (MDCAN) has suspend...


Menu