ICYMI: Inflation, insecurity, forex top issues OPS wants FG to address
have urged the Federal Government to address lingering macro-economic issues to ensure that the private sector, especially manufacturers, contribute meaningfully to the economy.
The OPS, comprising the Lagos Chamber of Commerce and Industry , the Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture , and the Centre for the Promotion of Private Enterprises in their respective messages to commemorate Nigeria’s 61 years independence anniversary, expressed these concerns and sought government’s intervention in addressing them.
“For most manufacturing SMEs, it is a nightmare. Yet production is critical to enduring economic and social stability. The way forward is to address the fundamental constraints to manufacturing competitiveness in the Nigerian economy. Perpetual protectionism without supported mass local production cannot fix this problem.”
The National President of NACCIMA, John Udeagbala, said that the celebration of Nigeria at 61 came with mixed feelings as the country is still facing numerous economic and social challenges.
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