ACCI Lauds Federal Gov’t Over Economic Stabilisation Plan

The Abuja Chamber of Commerce and Industry (ACCI) has applauded the Federal Government for its proactive efforts in creating a more conducive business environment, now yielding tangible results through increased investments in Nigeria.

In a statement Signed by the ACCI Media/Strategy Officer, Olayemi John-Mensah, the Chamber lauded the government’s Economic Stabilisation Plan as a key driver in attracting foreign direct investment (FDI) into the country, evidenced by the Coca-Cola system’s commitment to an additional $1 billion investment in Nigeria’s beverage and manufacturing sector.

Professor Adesoji Adesugba, First Deputy President of the Abuja Chamber of Commerce, expressed the Chamber’s delight at the growing investor confidence fostered by the government’s policies. He noted that the Coca-Cola system’s significant investment is a testament to the effectiveness of the government’s initiatives, particularly the ongoing economic reforms to ensure sustainable growth.

Professor Adesugba also lauded President Bola Ahmed Tinubu’s “Renewed Hope” agenda, stating that the administration’s efforts will drive Nigeria toward long-term economic prosperity.

In a related development, the ACCI is set to commence the 19th Abuja International Trade Fair (AITF), at the Abuja Trade and Convention Centre, Lugbe. According to ACCI, now in its 19th edition, this event has become one of Nigeria’s most significant multi-sectoral trade platforms, offering local and international exhibitors a prime opportunity to showcase their products and services, enter new markets, and forge valuable business relationships.

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“This year’s theme, “Mobility Options for Transportation, Trade Financing, and Taxation,” reflects a strategic focus on key areas critical for business growth and development. The AITF will explore solutions to reduce logistical challenges, enhance supply chain efficiency, and lower operational costs. It will also address the need for sustainable financing and effective taxation strategies in today’s global economy. AITF 2024 is expected to attract over 500 exhibitors, displaying over 10,000 products, services, and solutions to nearly 100,000 attendees over the 12-day event.

The trade fair will provide a platform for knowledge sharing, networking, and collaboration among entrepreneurs, policymakers, and industry leaders,” the statement read.