In a pivotal stakeholders’ meeting held on the 21st of March 2024, under the leadership of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), the Honorable Minister of Industry, Trade and Investment, Dr. Doris Uzoka Anite, FCA, engaged with key representatives from the private sector and banking institutions at the Corporate Head Office of the Bank of Industry in Lagos. This strategic session was instrumental in addressing the recent challenges arising from the invalidated forward contracts by the Central Bank of Nigeria.
The meeting served as a critical platform for dialogue and problem-solving. The Honorable Minister hailed the session as a fact-finding mission and assured participants that outcomes from the discussions would be communicated to pertinent authorities, including the CBN, to facilitate effective resolution measures.
NACCIMA’s pivotal role in co-organizing this event underscores the association’s commitment to advocating for the interests of the private sector. The National President of NACCIMA, Dele Kelvin Oye, expressed gratitude to Dr. Anite for her role in the meeting. His remarks highlighted NACCIMA’s dedication to fostering a harmonious resolution that considers the welfare of all stakeholders.
The meeting witnessed a notable turnout of industry leaders, including the President of the Manufacturers Association of Nigeria (MAN), Otunba Francis Meshioye; the NACCIMA Director-General, Sola Obadimu; thame chairmen, managing Directors and Treasury Representatives from leading banks. Additionally, CEOs and representatives from top-tier private corporations across various sectors like manufacturing and aviation made their presence felt, with prominent businesses such as Dangote Industries, Flour Mills, SecureID, kam steel, SMK Industries, and Coleman Wires and Cables at the forefront.
This consultative assembly, illuminated the NACCIMA’s role as the protector and promoter of the private sector’s interests in Nigeria, focusing on creating a synergistic relationship between the government and businesses for the nation’s economic advancement.