The President of Abuja Chamber of Commerce and Industry (ACCI), Emeka Obegolu has expressed optimism that 2025 will bring renewed opportunities for businesses to thrive.
In a New Year message, he commended the business community’s resilience and determination to navigate the economic challenges of 2024.
“As we step into 2025, the Chamber is optimistic about the opportunities for growth and economic development that lie ahead,” Dr Obegolu said.
The ACCI boss called for policies that will address the challenges of multiple taxation and rising operational costs.
He urged governments at all levels to harmonize tax policies to ease the burden on businesses and prevent closures.
Dr Obegolu also called on the administration of President Bola Tinubu to prioritise improving the ease of doing business in Nigeria, noting the need for improvement in the country’s global ranking.
He emphasizes the critical role of micro, small, and medium-scale enterprises (MSMEs) in the Nigerian economy and advocates for enhanced access to financing and the creation of a reliable database of active businesses to better support this vital sector.