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Adopt Alternative Policies For Private Sector Growth, NECA Urges FG

The Director-General of the Nigeria Employers’ Consultative Association (NECA), Mr Adewale Oyerinde, is urging the Federal Government to adopt alternative policies to drive growth and development in the private sector. This call to action was made during a press conference regarding the upcoming Nigeria Employers’ Summit, themed ‘Economic Renaissance: Harnessing Government Reforms and Private Sector Agility,’ set to take place on June 25-26, 2024 in Abuja.

Oyerinde emphasized that the private sector plays a vital role as a pillar for national development. Despite facing various reforms and economic plans, the private sector continues to serve as the main engine of national growth.

The NECA boss highlighted that the summit serves as a platform for dialogue between employers, government agencies, and stakeholders to address critical issues affecting the private sector. It aims to enhance engagement and propose alternative policies to support the government in making informed decisions.

The summit focuses on connecting government reforms with the private sector to achieve desired outcomes. Oyerinde emphasized the need to leverage the private sector’s flexibility and agility to navigate reforms successfully and drive economic prosperity in Nigeria.

Mr Olumuyiwa Adebayo, Chairman of the Committee of Finance Experts at NECA and co-chair of the summit, emphasized the importance of collaboration between employers and policymakers. He stressed the need to support the government in policy-making and create an enabling environment for businesses to thrive.

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Mrs Victoria Uwadoka, Chairperson of the NECA Committee Corporate Communications and Public Affairs, reiterated the significance of collaboration between the private sector and the government. She highlighted the need to develop strategies that would drive economic growth and ensure that businesses can thrive in the current economic climate.

NECA urges the Federal Government to adopt alternative policies for private sector growth, emphasizing the importance of collaboration and dialogue between stakeholders to drive economic development and prosperity in Nigeria.

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