Abuja: The Nigeria Employers Consultative Association (NECA) says President Bola Tinubu’s economic reforms align with the desires of the Organised Private Sector(OPS).
Mr Adewale-Smatt Oyerinde, the Director General of NECA, said this on Wednesday in Abuja at the 2025 edition of the Employers Summit, organised by NECA
The summit’s theme is “Enabling Sustainable Enterprise in a Transiting Economic: Aligning Fiscal, Trade, and Regulatory Reforms for Rapid National Development.”
Oyerinde said the reforms being undertaken by the Federal Government are in alignment with the desires of employers.
He said the summit was apt in bringing the critical stakeholders together to deliberate and agree on executing the reforms.
“NECA believes there is no better time to get the reformers and those that will implement the reforms, as well as those that the reform is supposed to reform, to have a conversation and engender consensus around those reforms.
“It will also help us to make policy recommendations to the government on those issues where it pinches the private sector and employers.
“This is the avenue where definite solutions or implementation of palliatives or innovation that might ease the pressure on the private sector can come,” he said.
According to the NECA DG, employers play a major role in promoting national development through job creation, tax payment, and other contributions to economic growth.
He further said that the summit was unique because it came at a time when the government was implementing many reforms, such as the tax reform bills.
Vice President Kashim Shettima emphasised the need to build an economy that is resilient, inclusive, driven by private enterprise and enabled by government.
Shettima, represented by Mr Temitola Johnson, Special Adviser to the President on Job Creation and Small, Medium, and Micro Enterprises (SMMEs), said the organised private sector has contributed positively to Nigerians’ socio-economic development.
He said that the contributions were through the millions of jobs created and the goods and services they provide.
Shettima added that the vision of the President Bola Tinubu-led administration was to build an economy where sustainable business enterprises thrive, and decent jobs are created.
“One of the comprehensive reforms undertaken by the government prioritises prudent expenditure and a more efficient, transparent, and equitable tax system.
“We are a nation in transition, navigating our part of bold reforms designed to stir our economy away from volatility into becoming a more stable, sustainable, and prosperous one.
“These reforms, though difficult in the short term, are laying the foundation for a more transparent, competitive, diversified, and investor-friendly environment,” he said.
