NACCIMA and NIPC have convened to strengthen public-private partnerships, aiming to enhance Nigeria’s investment climate. The meeting focused on strategies for economic growth, improved collaboration, and enhancing Nigerian businesses’ engagement in global trade. Both organizations emphasized the need for policy advocacy and capacity-building initiatives to address business challenges.
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has collaborated with the Nigerian Investment Promotion Council (NIPC) to enhance public-private partnerships aimed at improving Nigeria’s investment climate. This initiative was marked by a meeting in Abuja, where the two organizations discussed critical strategies to foster a business-friendly environment.
A primary focus of the discussions was the enhancement of collaboration between the public and private sectors to spur economic growth and increase the participation of Nigerian businesses in global trade. Dele Oye, the National President of NACCIMA and Chairman of the Organised Private Sector of Nigeria (OPSN), stressed the necessity of a strong partnership with NIPC, highlighting the significant role of the private sector in Nigeria’s economy.
Aisha Rimi, the Executive Secretary/CEO of NIPC, assured the council’s support for NACCIMA and expressed NIPC’s willingness to engage in various initiatives. This includes establishing a joint working committee, facilitating stakeholder dialogues, organizing workshops, and advocating for essential policy reforms to boost the business environment.
The organizations agreed on the importance of collaborating to advocate for policies that facilitate business operations, minimize bureaucratic impediments, and attract investments. An emphasis was placed on promoting reforms that would enhance the ease of conducting business in Nigeria, deemed crucial for advancing the nation’s economic landscape.
Increasing participation of Nigerian businesses in international trade was identified as a pivotal point. NIPC and NACCIMA recognized that a strengthened partnership would form a more effective approach to addressing the challenges that Nigerian businesses encounter in the global marketplace.
In conclusion, the cooperative efforts between NACCIMA and NIPC signify a strategic step toward enhancing Nigeria’s investment climate. By fostering public-private partnerships, advocating for policy reforms, and increasing participation in global trade, both organizations aim to overcome the barriers that hinder business growth in Nigeria. Their commitment to collaboration underscores a shared vision for economic progress and a more conducive business environment.
Original Source: www.arise.tv
