Business
NACCIMA Tasks FG On Growth-Stimulating Sectors
Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has appealed to the Federal Government to give more attention to sectors that could grow the economy.
The association’s President, Dr Herbert Ajayi, who made the call in a press statement issued in Lagos, advised that more attention should be paid to agriculture, power supply, health and education.
Ajayi said that lack of adequate attention to these sectors was responsibility for the slow growth of the nation’s economy.
He noted that some of these challenges were part of the blueprint that the association wanted to discuss with the flag bearers of the various parties in a dialogue that was never held.
“We therefore decided to put across to all flag bearers our major concerns on the major challenges that militate against resounding success of the business community.
“The concerns, if looked into will galvanise the whole nation to achieve double digit real growth in all sectors of our national economy,” he said.
Ajayi urged the government to revive the farm settlements, industrial clusters, irrigation, storage, processing and packaging facilities, among others, to boost trade.
According to him, Nigeria can be food self-sufficient in the next four years if adequate attention is given to agriculture sector.
NACCIMA boss explained that agriculture employed more than 60 per cent of the nation’s population while contributing over 40 per cent to the Gross Domestic Products (GDP).
He said that it was worrisome that the sector was not well supported with cheap loans.
On the power, he called for community-based power generation and distribution to enhance power supply.
“All three phases of generation, transmission and distribution, including insurance and maintenance, must be planned as well as research into the possibility of generating solar power on a big scale,” he said.
Ajayi called for more commitment from the Federal Government on the implementation of the Local Content Law, saying the implementation had been slow and poor.
According to him, the development had inhibited the realisation of the laudable aspirations of job creation and inclusivity in the oil and gas sector.
“Our concern is the need to intensify more commitment and sincerity towards local refining of crude oil to make Nigeria a net exporter of refined products within the next five years and create jobs,” he said.
He noted that such achievement would provide opportunities for industrial growth and save the huge amount spent on subsidy on importation petroleum products annually.
The NACCIMA chief also advocated integrated transportation system that would connect roads, rails, airport, and waterways with the major cities and industrial estates.
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NAFDAC Decries Circulation Of Prohibited Food Items In markets …….Orders Vendors’ Immediate Cessation Of Dealings With Products
Importers, market traders, and supermarket operators have therefore, been directed to immediately cease all dealings in these items and to notify their supply chain partners to halt transactions involving prohibited products.
The agency emphasized that failure to comply will attract strict enforcement measures, including seizure and destruction of goods, suspension or revocation of operational licences, and prosecution under relevant laws.
The statement said “The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing incidence of smuggling, sale, and distribution of regulated food products such as pasta, noodles, sugar, and tomato paste currently found in markets across the country.
“These products are expressly listed on the Federal Government’s Customs Prohibition List and are not permitted for importation”.
NAFDAC also called on other government bodies, including the Nigeria Customs Service, Nigeria Immigration Service(NIS) Standards Organisation of Nigeria (SON), Nigerian Ports Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA), Nigeria Shippers Council, and the Nigeria Agricultural Quarantine Service (NAQS), to collaborate in enforcing the ban on these unsafe products.
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