NACCIMA and NIPC are strengthening public-private partnerships to enhance Nigeria’s investment climate through strategic discussions and initiatives aimed at fostering economic growth and improving business participation in global trade. Key focus areas include joint policy formulation, capacity-building, and reducing bureaucratic barriers.
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 in Nigeria. A meeting held in Abuja aimed to amplify strategies for creating a conducive business environment in the nation, as articulated in a statement by the organizations.
Discussions focused on improving synergy between public and private sectors to spur economic growth and elevate Nigerian businesses’ roles in global trade and investment. NACCIMA’s National President and Chairman of the Organised Private Sector of Nigeria (OPSN), Dele Oye, emphasized the significance of this partnership, advocating for stronger support from NIPC in policy formulation and joint advocacy initiatives. He also called for NIPC to rejoin the NACCIMA council.
Aisha Rimi, Executive Secretary/CEO of NIPC, expressed her commitment to supporting NACCIMA’s goals. Rimi highlighted potential collaborative efforts, including establishing a joint working committee, stakeholder engagements, workshops, and policy reforms advocacy. The commitment from NIPC to implement capacity-building initiatives reflects a dedication to strengthening the private sector.
The meeting stressed the necessity for both organizations to work together in advocating for streamlined policies that would reduce bureaucratic obstacles and enhance the attractiveness of Nigeria for domestic and foreign investments. A collective emphasis on reforms to facilitate ease of doing business emerged as a crucial agenda item.
Lastly, increasing the involvement of Nigerian businesses in global trade was a dominant theme. Both NIPC and NACCIMA recognized that enhanced collaboration would be crucial in addressing the challenges faced by Nigerian businesses in international markets.
The partnership between NACCIMA and NIPC represents a strategic effort to improve Nigeria’s investment climate through enhanced public-private collaboration. With key initiatives focused on policy advocacy, capacity-building, and stakeholder engagement, both organizations aim to foster economic growth and elevate Nigerian businesses’ participation in the global market. Their commitment to reform and ease of doing business underscores the critical steps needed to attract further investments into Nigeria.
Original Source: www.arise.tv
