NACCIMA and NIPC have strengthened their partnership to enhance Nigeria’s investment climate. They discussed strategies for improving public-private collaboration, focusing on supporting Nigerian businesses in global trade and advocating for necessary reforms. Capacity-building initiatives were also pledged to empower the private sector and streamline business operations.
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) recently convened a meeting with the Nigerian Investment Promotion Council (NIPC) to enhance their strategic partnership. This gathering, held in Abuja, aimed to address critical strategies for fostering a more supportive business environment in Nigeria, as outlined in an official statement.
During the meeting, discussions focused on improving collaboration between the public and private sectors to strengthen economic growth and enhance the participation of Nigerian enterprises in global trade. Dele Oye, the National President of NACCIMA and Chairman of the Organised Private Sector of Nigeria (OPSN), underscored the significance of a strong partnership and the need for NIPC’s active support in forming joint policies, advocating for reforms, and reinstating NIPC as a member of NACCIMA council.
Aisha Rimi, the Executive Secretary/CEO of NIPC, reaffirmed the council’s dedication to aiding NACCIMA’s initiatives. She expressed NIPC’s willingness to collaborate on several fronts, such as establishing a joint working committee, facilitating stakeholder engagements, conducting workshops, and campaigning for essential policy reforms.
Moreover, NIPC pledged to implement initiatives aimed at capacity building to further empower the private sector. The discussions highlighted the necessity for both organizations to advocate for policies that simplify business operations, diminish bureaucratic obstacles, and attract both domestic and foreign investments, reiterating that reforming the business environment is crucial.
The meeting encapsulated a commitment to bolster Nigerian businesses’ involvement in global trade, agreeing that enhanced cooperation between NIPC and NACCIMA is key to overcoming the challenges these businesses encounter in international markets. The consensus was that a united effort for reforms promoting a favorable business landscape in Nigeria is of paramount importance.
In conclusion, the recent meeting between NACCIMA and NIPC represents a strategic initiative to enhance the investment climate in Nigeria. By fostering collaboration and advocating for policies that streamline business operations, both organizations aim to strengthen the private sector and increase Nigerian businesses’ participation in the global market. The commitment to capacity building and joint policy formulation underscores the importance of a robust public-private partnership for economic growth in Nigeria.
Original Source: www.arise.tv
