The Minister of Industry, Trade, and Investment,Jumoke Oduwole, has committed to a partnership with the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) to tackle challenges facing Nigerian businesses.
Oduwole committed to working with NACCIMA on Friday at an interactive session with members of the organised private sector, outlining plans to ensure that businesses are supported by consistent policies and actionable measures.
“We’ve talked about inflation, interest rates, and the need for single-digit interest rates to boost productivity for their members across the country by getting enablement, facilitation, and access to credit,” Oduwole said.
“We’ve talked about several issues concerning smaller businesses, and financial inclusion and they’ve spoken for underserved members of their constituencies.”
The minister assured NACCIMA of the Federal Government’s commitment to addressing market constraints and enhancing access to credit, noting “I’ve assured them very strongly that, from my work at the PEBEC, I’ve been a champion for investment retention in Nigeria. It’s important to us to make sure that businesses in Nigeria not only thrive but are seen to thrive because you have the best advertisements for foreign direct investment.
“We’ve also talked about the types of policies that NACCIMA members would like to see in 2025 and I’ve assured them that Mr President is committed to policy consistency.”
The minister highlighted her dedication to investment retention, emphasising its importance for foreign direct investment.
