NACCIMA Highlights Concerns Over Government Economic Reforms and Private Sector Growth

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has expressed concerns that the current economic reforms implemented by the Federal Government are not fostering growth within the private sector. Instead, these reforms appear to be disproportionately benefiting the public sector. The public sector encompasses the segments of the economy that are…

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Is LASG Chasing Away  Manufacturers?

▪︎Dr. Doris Anite -Uzoka, Minister of Industry, Trade and Investment From the ban on styrofoam, popularly known as “take away packs” to Single-Use Plastics (SUP), the Lagos State Government is on the march again to ban pure water and table waters starting  January 2025. The state’s Commissioner for Environment and Water Resources, Tokunbo Wahab, revealed…

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Unlocking ₦84trn Banks’ Idle Funds For Lending To Manufacturers…

Nigeria’s challenge is no longer simply mobilising capital; it is creating the conditions under which banks can profitably lend that capital to businesses capable of producing, expanding, exporting and creating jobs,writes FRANKLIN OCHENEYI • Image: Dangote Petroleum Refinery, Lagos. RECENTLY, the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso , urged commercial banks to lend…

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