NECA
NECA declares private sector driving Nigeria’s job growth
The Nigeria Employers’ Consultative Association (NECA) has reaffirmed that the private sector remains Nigeria’s leading driver of employment, providing millions of jobs directly and indirectly across industries, far surpassing government employment. Speaking during an interview on Channels Television on Tuesday, NECA’s Director-General, Adewale-Smatt Oyerinde, dismissed the long-held belief that the government is the country’s largest […]
Minimum Wage: NECA urges states to pay civil servants above N70,000
NECA urges Nigerian state governments to pay civil servants above N70,000, citing rising living costs, increased federal allocations, and workers’ welfare. The Nigeria Employers’ Consultative Association (NECA) has called on state governments across the country to ensure that civil servants are paid above the N70,000 minimum wage, citing the rising cost of living and its […]
Tinubu’s FRC Levy Cap Welcomed by NECA as Business-Friendly Move
The Nigeria Employers’ Consultative Association (NECA) has lauded President Bola Ahmed Tinubu’s decision to cap the Financial Reporting Council (FRC) levy at N25 million for Public Interest Entities (PIEs), describing the move as a bold and strategic intervention to reduce the regulatory burden on businesses and stimulate private sector confidence. In a statement issued in […]
FRC Levies: NECA Urges Government to Reduce Burden
The Nigeria Employers’ Consultative Association (NECA) has strongly condemned the Financial Reporting Council of Nigeria (FRC) over the imposition of what NECA describes as “outrageous” annual dues on private and non-quoted companies. The FRC levies move has sparked widespread concern among business leaders, who warn that the increased financial burden could cripple businesses and stifle […]
“Tax War: AKPABIO Faces Backlash Over Comment on Nigerian Taxpayers”
Senate President Godswill Akpabio faced criticism from the Nigeria Labour Congress (NLC), Trade Union Congress (TUC), and Nigeria Employers Consultative Association (NECA) over his statement that only 30% of Nigerians pay taxes. Akpabio made the statement while declaring open a two-day public hearing on the controversial tax reforms bills organized by the Senate in Abuja. […]