NACCIMA Advises FG On Policy Continuity

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The Nigerian Association of Chambers of Commerce, Industry, Mines and Agricultural (NACCIMA) on Saturday, advised President Goodluck Jonathan to ensure continuity in the nation’s economic policies for the realisation of Vision 20:20 20.

Mr John Isemede, NACCIMA President, told newsmen in Lagos that consistency in policy implementation was necessary for national development.

He said that Jonathan should include in his cabinet, credible and diligent persons who should ensure effective implementation of policies to deliver dividends of democracy to citizens.

“The expectations of Nigerians are so high to the extent that we don’t want any failure,’’ Isemede stated.

He advised government to exploit all areas where the country had comparative advantage to boost growth.

Isemede said that the CBN should reconsider the recent increase in lending rate from 7.5 per cent to eight per cent, noting that the increase did not favour the organised private sector.

He said that government should encourage local industries by putting in place good roads and regular electricity, adding that government should pay more attention to agriculture to create more jobs.