private sector
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 […]
Navigating the Complexities of Tinubu’s Economic Reforms
President Bola Ahmed Tinubu‘s administration has been marked by significant economic reforms, which have brought a mix of hardship and hope to Nigerians. One of the most contentious policies was the removal of the fuel subsidy, announced on his inauguration day as President. This move led to a significant increase in petrol prices, exacerbating the […]
Private Sector’s Agribusiness Investment Fund, A Game-Changer
Nigeria’s agricultural sector is poised for a significant transformation with the launch of a Large-Scale Agribusiness Financing Programme by the private sector. This innovative initiative aims to strengthen food security, drive economic growth, and reduce the country’s reliance on food imports. The investment model, presented to the Federal Government during a high-level meeting, seeks to […]
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 […]