NACCIMA seeks quicker Passage of 2017 appropriation bill to encourage Investment inflow

HARRISON EDEH,ABUJA

Bassey Edem,the President of Nigerian Association of Chambers of Commerce,Industry,Mines and Agriculture,(NACCIMA) wants the National Assembly to ensure the speedy passage of the 2017 Appropriation Bill.

This, he said would afford the Private sector Operators a greater leverage to achieve their set targets for the year and also encourage Foreign Direct Investment into the country.

Basse‎y who expressed optimism that  Nigeria would gradually ease out Economic recession said passage of the 2017 budget estimates has the capacity to improve the macro-economic stability of the country.

“The Initiatives proposed by the government ‎to be implemented would visibly increase the macro-economic stability of the country under the economic and growth recovery plan and stimulate the creation of jobs,as well as enhance government effectiveness in other sectors of the economy”

Bassey who spoke at the first quarterly meeti‎ng of NACCIMA held on Thursday in Abuja assured that the association would keep working closely with the government to ensure Nigeria has a stable economy.

“As a body of organised Private sector,we have been actively involved in policy formulations which has impacted positively on socio-economic activities of the states and the ‎nation in general”

The quarterly meetin‎g meeting he said is organised to ensure meaningful discussions are held between NACCIMA and the business community which would enable them play active role in the government’s on-going socio economic Transformation Agenda.

“This meeting offers us opportunity to review our engagements with the business community so that we could make impactful suggestions in our engagement with the government”Bassey noted.

In his own submission,Tony Ejinkonye the President of Abuja Chamber of Commerce told BusinessDay at the meting that the session would offer strategies for ‎the Organised Private sector to engage the government  constructively.

“Chambers of Commerce everywhere must and should become beacons of hope for all her members and of course the common man.We must strive to ensure we work closely with the government to ensure the stability of the economy”Ejinkonye said.