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NACCIMA Seeks Stronger Public-Private Partnerships to Drive $1trn Economy by 2030

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called for stronger public-private partnerships to boost local production, support businesses and accelerate Nigeria’s ambition of building a $1 trillion economy by 2030.

The call was made by the association’s National Public Relations Officer, Hajiah Madinat Adigun-Oladotun, during an advocacy visit to the Deputy National Chairman (North) of the All Progressives Congress (APC), Hon. Ali Bukar Dalori, in Abuja.

Adigun-Oladotun used the visit to highlight NACCIMA’s role in representing the interests of the Nigerian business community and its engagements with government agencies, diplomatic missions and international investors to improve the business environment and stimulate economic growth.

She said the association, under the leadership of its National President, Engr. Jani Ibrahim, remained committed to supporting President Bola Tinubu’s $1 trillion economy target by 2030.

According to her, achieving the target would require stronger institutional support, policies that encourage investment and a more conducive operating environment for businesses, particularly local producers and entrepreneurs.

She identified the Federal Ministry of Industry, Trade and Investment, Federal Ministry of Foreign Affairs, Nigerian Investment Promotion Commission (NIPC), Nigerian Export Promotion Council (NEPC), National Information Technology Development Agency (NITDA), Bank of Industry and Bank of Agriculture among the institutions with which NACCIMA collaborates to advance business development.

The NACCIMA spokesperson added that the association had intensified its international engagements to strengthen Nigeria’s economic relationships with other countries and attract investment into the domestic economy.

She said the association had visited several diplomatic missions and hosted foreign ambassadors in Nigeria as part of efforts to expand trade and investment opportunities.

Adigun-Oladotun also highlighted NACCIMA’s business-to-business (B2B) investment forum scheduled to hold in Guangzhou, China, on November 2, describing it as a platform to promote Nigeria’s investment potential and attract foreign direct investment.

She said the forum was designed to complement the Federal Government’s economic development efforts by connecting Nigerian businesses with international investors and showcasing investment opportunities across the country and its states.

The NACCIMA PRO called on Dalori to use his position within the ruling party to strengthen advocacy for the association and its members.

“We want you to further advocate NACCIMA in rooms that matter,” she said.

She particularly stressed the need for greater support for local production and Nigerian-owned businesses, noting that the association’s Nigeria First advocacy was aimed at promoting domestic enterprise and strengthening the productive capacity of the economy.

Responding, Dalori commended NACCIMA for its contributions to the government’s efforts to promote trade, investment and productivity.

He noted that the Tinubu administration had introduced various incentives to support businesses but acknowledged that further progress could be achieved.

The APC deputy national chairman welcomed the association’s engagement and pledged the necessary moral support for its activities.

The visit forms part of NACCIMA’s advocacy efforts to strengthen collaboration between the private sector and political leadership in advancing policies that support business growth, investment and economic development.

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