The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has opened strategic discussions with the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, to strengthen collaboration on Nigeria’s economic reform agenda and amplify the private sector’s role in driving growth.
According to a statement from the finance ministry today, Nigeria finance minister Edun met with NACCIMA’s Director General, Mr. Sola Obadimu, and a high-level delegation to explore ways to align private sector priorities with the government’s economic transformation plans.
Edun highlighted the administration’s commitment to “addressing deep-rooted structural challenges”, citing recent gains in stabilizing the Naira, boosting diaspora and domestic investments, and promoting local production to reduce reliance on imports.
Obadimu praised landmark reforms, including the removal of fuel subsidies and the unification of the exchange rate, but urged for greater clarity on tax policies, improved access to trade finance for Micro, Small, and Medium Enterprises (MSMEs), and better synchronization between policy announcements and their execution.
The delegation also sought the minister’s backing for NACCIMA’s upcoming 65th Annual Conference, themed “Harnessing Private Sector Potential to Achieve a One Trillion Dollar Economy by 2030,” and its Investment Summit scheduled for December. These events aim to rally stakeholders around Nigeria’s ambitious economic goals. Both sides agreed that a robust public-private partnership is critical to achieving sustainable economic growth, with the private sector positioned as the cornerstone of Nigeria’s long-term development strategy.
