NACCIMA and NIPC have strengthened their partnership to improve Nigeria’s investment climate. A recent meeting in Abuja focused on enhancing collaboration between public and private sectors. Key discussions included policy formulation, stakeholder engagements, and initiatives to boost Nigerian businesses’ global trade presence.
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) recently convened with the Nigerian Investment Promotion Council (NIPC) to enhance their public-private partnership aimed at improving Nigeria’s investment atmosphere. The meeting, held in Abuja, served as a forum for both organizations to strategize on fostering a business-friendly environment in Nigeria.
Discussions focused on strengthening collaboration between the public and private sectors, with the overarching aim of stimulating economic growth and boosting Nigerian businesses’ engagement in global trade and investment. NACCIMA’s National President, Dele Oye, emphasized the significance of a strong partnership between NACCIMA and NIPC, citing the essential role the private sector plays in Nigeria’s economy.
Oye called for increased support from NIPC for joint policy formulation, advocacy efforts, and restoration of NIPC’s council membership with NACCIMA. Meanwhile, Aisha Rimi, NIPC’s Executive Secretary/CEO, expressed the council’s commitment to supporting NACCIMA’s initiatives, highlighting their readiness to collaborate through joint committees, stakeholder engagements, and necessary policy reforms.
NIPC pledged to implement capacity-building programs to enhance the private sector further. The discussions underscored the urgency for advocacy that simplifies business operations and draws in foreign as well as domestic investments, recognizing the need to streamlining processes for ease of doing business in Nigeria.
A central focus of the meeting was to heighten Nigerian businesses’ participation in global trade. Both NIPC and NACCIMA concluded that a concerted effort in collaboration would better address the challenges faced by Nigerian enterprises in the international marketplace.
In summary, the collaboration between NACCIMA and NIPC represents a significant step towards enhancing Nigeria’s investment climate. By focusing on joint initiatives, policy advocacy, and capacity building, both organizations aim to tackle existing barriers and facilitate increased participation of Nigerian businesses in global trade. Their commitment to fostering a conducive environment for economic growth underscores the potential for a more robust partnership moving forward.
Original Source: www.arise.tv
