NACCIMA and NIPC Enhance Public-Private Partnerships for Investment Growth
NACCIMA and NIPC are strengthening partnerships to enhance Nigeria’s investment environment through collaborative strategies. They emphasized improvements in policy development, stakeholder engagement, and capacity building to boost economic growth and increase global trade participation for Nigerian businesses.
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has engaged in discussions with the Nigerian Investment Promotion Council (NIPC) to bolster public-private partnerships aimed at enhancing Nigeria’s investment climate. This key meeting in Abuja facilitated dialogue on strategies to foster a more favorable business environment, as reported by the organization.
Central to the meeting’s discussions was the enhancement of collaboration between public and private sectors to spur economic growth and boost Nigerian businesses’ global trade participation. Dele Oye, National President of NACCIMA and Chairman of the Organised Private Sector of Nigeria (OPSN), underscored the need for a strong partnership with the NIPC, particularly for joint policy development and reinstating NIPC on the NACCIMA council.
Aisha Rimi, the Executive Secretary and CEO of NIPC, pledged the council’s support towards NACCIMA’s missions. She conveyed NIPC’s readiness for collaborative efforts, which include establishing a joint working committee, engaging stakeholders, organizing workshops, and advocating critical policy reforms. Moreover, NIPC committed to implementing capacity-building initiatives designed to empower the private sector.
The discussions highlighted the need for both organizations to advocate for policies that simplify business operations, mitigate bureaucratic challenges, and attract both domestic and foreign investment. A unified approach to implementing reforms that improve the business landscape in Nigeria was identified as a crucial action item.
Increasing the involvement of Nigerian businesses in global trade also emerged as a pivotal topic. Both NIPC and NACCIMA recognized that enhanced cooperation would be instrumental in addressing the challenges faced by Nigerian firms in international markets.
In summary, NACCIMA and NIPC are actively pursuing stronger public-private partnerships to enhance the Nigerian investment climate. Through collaborative efforts focused on policy advocacy, stakeholder engagement, and capacity building, both organizations aspire to foster economic growth and increased participation of Nigerian businesses in the global marketplace. Their commitment to reforming business operations exemplifies a strategic effort to reduce barriers and attract investments.
Original Source: www.arise.tv
