President, NACCIMA, Dr. Herbert Ajayi

Crusoe Osagie

The Nigerian Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA) has stressed the need for regular summits between the private sector and the Federal Government in order to sustain the ongoing Public Private Partnership (PPP) arrangement in the country.

NACCIMA, an arm of the Organised Private Sector (OPS), said the need to promote a better working relationship between the private sector and the federal government makes the call for regular dialogue highly imperative.

Speaking at the Association’s Third-Quarter Council Meeting held recently in Nnewi, Anambra State, the president of NACCIMA, Dr. Herbert Ajayi, stated that the importance of PPP arrangement to the growth of the national economy cannot be over-emphasised.

He explained that NACCIMA has enormous challenges of meeting the critical demands being made upon it under the present democratic dispensation.

To ensure the growth of businesses and the economy, the NACCIMA President counseled that Governments and the Chamber of Commerce must continue to work together if the Transformation Agenda is to become realisable as planned.

“The various tiers of government should partner the private sector, especially the chambers of Commerce in a number of initiatives, such as urban regeneration apprenticeship schemes to offer advice to small firms, exporters and other industrial sectors of the economy.

“This could be achieved through regular meetings, preferably on quarterly basis to be held at the instance of either the Chambers of Commerce or Governments to rub minds to discuss issues of concern and proffer solutions in the best interest of the economy,” he said.

Ajayi also charged members to actively participate in government’s on-going socio-economic and political Transformation Agenda. He further encouraged members to ensure that the desired national economic growth and development are enjoyed by them.
The NACCIMA President assured the members that in spite of the enormous challenges, the body would continue to make its position known to various governments until the environment for doing business becomes conducive to attract more investment activities from local and foreign investors.