• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, May 31, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

NECA Calls For Pragmatic Approach To Policy Implementation

by Andrew Ojiezel
3 months ago
in Business
neca
Share on WhatsAppShare on FacebookShare on XTelegram

The director general of the Nigeria Employers’ Consultative Association (NECA), Adewale Smatt-Oyerinde, has called for a more pragmatic approach to implementing economic policies to ensure job security for the people and the survival of businesses in Nigeria.

Advertisement

Speaking during his appearance on a popular business-related programme, Smatt-Oyerinde urged policymakers to review the implementation of policies that could hinder economic growth and job creation in Nigeria.

He highlighted the need for regulatory bodies to align their actions with the government’s broader economic recovery agenda, pointing out that recent policy adjustments, such as the suspension of the four per cent Free on Board (FOB) levy and the reduction of the 50 per cent tariff, should be extended to other regulatory measures.

He noted that excessive levies and compliance costs imposed by the government would ultimately impact consumers and the economy, urging it to consider long-term economic stability in implementing economic policies.

“While it is the law, expediency should come first. Is it appropriate to implement certain policies now when businesses are reducing capacity utilisation, increasing stock levels, and jobs are being lost? The law is not made to kill us but to facilitate business growth. If it is now a hindrance to the private sector and, by extension, the economy, we must review it.”

RELATED

Anietie Udoh Calls For Ethical Storytelling In African Brand Campaigns

Anietie Udoh Calls For Ethical Storytelling In African Brand Campaigns

2 hours ago
Dania, Alpha-Geek Shine At ABoICT 2025, MVP Awards

Dania, Alpha-Geek Shine At ABoICT 2025, MVP Awards

2 hours ago

“And if that same law is now constituting an endurance to development of the private sector, and by extension, an endurance to development of this nation’s economy, I think we can review it. If the four per cent FOB can be suspended, if I see a feeling that the 50 per cent tariff can also be reduced, can also be suspended, I think there is no reason why the FRCM cannot also take a cue from this pattern that has been initiated for us to save the horse, for us to save the goose that is laying the golden egg,” he said
He urged the government to prioritise developing policies that would create business opportunities against stifling business growth in Nigeria.

“This myopic view of revenue generation will do more damage to the bigger picture that the President is focused on.

Every additional financial burden on businesses translates to job losses, higher consumer prices, and reduced disposable income for Nigerians. We must shift our focus to policies that promote business survival and economic recovery,” he said.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Breaking NEWS: Nigerians can now earn in US Dollars, acquire ultra premium domains for low and sell for super profit. Our client acquired a domain for $3715 and got it sold for $42,000. Click here to see how you too can profit from the business.


Tags: Nigeria Employers' Consultative Association (NECA)
SendShareTweetShare
Previous Post

CSCS Seeks Strategic Partnership With LEADERSHIP

Next Post

Regulatory Reforms Boost $17bn FDI To Nigeria In 2024 – NNPC

Andrew Ojiezel

Andrew Ojiezel

You May Like

Anietie Udoh Calls For Ethical Storytelling In African Brand Campaigns
Business

Anietie Udoh Calls For Ethical Storytelling In African Brand Campaigns

2025/05/31
Dania, Alpha-Geek Shine At ABoICT 2025, MVP Awards
Business

Dania, Alpha-Geek Shine At ABoICT 2025, MVP Awards

2025/05/31
Blue Sands STEM Lab, Others Take Top Prizes At MarkHack 4.0
Business

Blue Sands STEM Lab, Others Take Top Prizes At MarkHack 4.0

2025/05/31
NNPC Wins The Whistlers’ Transparency, Innovation Award
Business

Farmers Laud NNPC Foundation For Climate-smart Training

2025/05/31
tinubu
Feature

MIDTERM REPORT: Economy Progresses In Policies, Challenged In Implementation

2025/05/31
Otakikpo Onshore Terminal: Stakeholders See Crude Production Cost Dropping To $10/b
Business

Otakikpo Onshore Terminal: Stakeholders See Crude Production Cost Dropping To $10/b

2025/05/31
Leadership Conference advertisement

LATEST

‘Why I Refused To Vote Or Work For Tinubu’, Amaechi Opens Up At 60th Birthday Lecture

FCTA Denounces ‘Malicious Voice Note’ Alleging Religious Indoctrination In Abuja Schools

Kano Gov’t Offers ₦1m Support To Each Family Of Deceased Athletes

‘It Doesn’t Reflect Equity’, Group Berates Tinubu, NASS Over SWDC Leadership

Nwuche Hails Tinubu, Wike For Transformational Projects Across FCT

Niger East Senator Donates ₦50m, Truckloads Of Food To Mokwa Flood Victims

Anietie Udoh Calls For Ethical Storytelling In African Brand Campaigns

Kano Athletes’ Deaths A National Loss, Says Tinubu

CASA Decries Attacks On IGP Egbetokun, Says Smear Campaign Won’t Stop Police Reforms

Dania, Alpha-Geek Shine At ABoICT 2025, MVP Awards

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.