Tag: Iyalode Alaba Lawson

  • NACCIMA, Fed Govt to partner

    NATIONAL President of Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) Iyalode Alaba Lawson has said the body will partner the Federal Government in key areas of the economy.

    Lawson said the association would be part of ongoing transformative revolution in the agriculture sector.

    The NACCIMA said: “This revolution unfolding before our eyes must be explored, hence the association is concluding partnership arrangements with the International Institute for tropical Agriculture (IITA).”

    She spoke in Ado Ekiti yesterday at the association’s First Council Meeting for 2019, saying the association would continue to partner governments to promote private sector activity.

    Lawson said the private sector could tap into opportunities in the mining sector and how those in mining states could take advantage of innovation  in the mining roadmap.

    Lawson said: “We have also started to explore new areas, such as entertainment and creativity, travel and hospitality industry, which contributed N239 billion to GDP in 2016…

    “NACCIMA is poised to tap into opportunities opening up, such as the Global Inter-Agency Initiative on Youth Employment in which OPS members… will play a crucial role. We hope …through our participation, more opportunities will be opened for our NACCIMA youth entrepreneurs …

    “…the association’s Medium Term Strategic Plan (MTSP) 2018-2022 continues to be a useful roadmap … ”

    Lawson, who praised Ekiti State Governor Kayode Fayemi for his achievements in the first term, said “the governor’s four cardinal agenda in the second tenure would move the state forward and break new frontiers.”

  • NACCIMA calls for implementation of 2016 Mining Road map

    The Nigerian Association of  Chambers of Commerce,Industry, Mines and Agriculture (NACCIMA), has charged the Federal Government to implement the 2016 Mining Road map for the growth and develoment of the Nigerian Mining industry so that the country can truly move into a future without oil and shared mining prosperity.

    Speaking at a press briefing by the association’s midyear review of the Nigerian economy, the President of NACCIMA, Iyalode Alaba Lawson said there are still lots of works to be done because the country is largely a mono product economy and the non-oil sector needs to be supported. She urged the government to stop the over-dependence on oil, she talked at length on government’s policies and the impact such policies will have on the Nigerian economy.

    She berated the state of the economy, calling on the government to work on improving Internally Generated Revenue (IGR), and block leakages caused by corruption, inefficiency, insecurity and poor policy implementation. According to her, the economy has been experiencing steady negative growth rate for the past five quarters before officially slipping into recession in the third quarter of 2016.

    She noted that the negative growth was as a result of drastic reduction in earnings from crude oil sale caused by the decline in oil prices, persistent increase in inflation, unemployment and interest rates; unstable foreign exchange system as well as government’s failure to diversify the economy from mainly crude oil earnings.

    Lamenting that the nation is still highly dependent on oil, she posits that with the proper implementation and effective monitoring of the fiscal and monetary policies of the Economic Recovery Growth Plan (ERGP), the nation’s economy will improve.

    Lauding the ERGP, she called on government not to let it go the way of other government ideas, which are usually labored by proper implementation, monitoring, tracking, feedback and information dissemination.

     

    Urging government to ensure that timelines for each milestone of the EGRP are strictly adhered to, she pleaded that borrowing be limited to investments and capital projects alone and not for consumption.

    Frowning at the nation’s external debt, which stands at $13.8 billion presently, she said this action limits the funds available for private companies from financial markets, which in turn worsens the economy.

    According to her, this crowding out effect creates a demand pressure that drives up coast of funds in the form of high interest rates, which discourages investments and economic growth.

    Lawson further called for a single digit interest rate system, saying the high interest rates have been a major impediment to enterprise development. “Unemployment is on the increase, currently at almost 15% and worsened by inflation and interest rates. NACCIMA is calling on the government to ensure banks set aside 10% of their profit after tax every year for the development of SMEs,” she added.

  • NACCIMA urges FG to make increasing population an asset

    National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Iyalode Alaba Lawson has urged the Federal Government to turn the country’s 198 million population into an asset.

    Speaking on the recent announcement, The national president of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Iyalode Alaba Lawson has urged the Federal Government to turn the country’s 198 million population into an asset. by the NPC, Lawson said that Nigeria’s Population is now estimated to be million thus making our country as the 7th largest in the world.

    “Population could be an asset, but if not planned it equally poses a lot of challenges in various areas like provision of infrastructure, adequate health care system and service; an appropriate educational system and employment for the populace,” she said.

    “Therefore, in meeting these challenges,the NACCIMA national President said it require proper planning by Government at all levels and close collaboration with other stakeholders.

    She disclosed that NACCIMA as the voice of business and a national body engaged in promoting activities of the private sectors in all major sectors is ready to work with Governments at all levels to ensure that the Nigerian population becomes an asset.

     

  • How BoI intervention funds are helping  female entrepreneurs

    How BoI intervention funds are helping female entrepreneurs

    Iyalode Alaba Lawson is the first female president of Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and also the leader of the women’s group known as NACCIMA Women’s Group (NAWORG). In this interview with YETUNDE OLADEINDE, the NACCIMA boss talks about government interventions for women entrepreneurs, her achievements and challenges as NACCIMA president and more.

    What role can women play to improve the economy?

    We must not look down on the role that women are going to play.  The women are the architect of the micro economy in this great country. They are the ones moving the GDP of the country with either their formal or informal trading that they are doing. And so, we are the architect and the engine room of the growth of the economy and that is why we say that when they produce, we must exhibit what they produce.

    Women cannot be underestimated. We signed an MOU with FIIRO and our women would be trained to be well advanced, even in ICT or in any research that is going on in FIIRO. We thank FIIRO DG and her team for giving us that opportunity. This collaboration is a good one.

    It is by exhibiting what they produce so that people would know about it and then patronise them. When they produce more, they create jobs and when they create jobs, they alleviate poverty. Definitely, you see that it is interwoven. It is  a chain that cannot be broken.

    This is the eight edition of NAWORG International Women Exhibition (NIWEX),  what are some of the achievements over the years?

    There are many. More women are now into entrepreneurship; more are being trained and some of them are moving from informal to formal and we have seen so much progress. They are enjoying the funding from Bank of Industry (BoI). Even the market women amongst us are benefiting because we reach down to the grassroots and not only to the elites. Some of the women are moving from their informal trading and they are making shea butter products. They go into the villages and some of the progress can be seen in the packaging and branding. Those doing tie and dye are enjoying the money from BoI. Each group was given N8 million and we formed them into cooperatives. All these are the gains and the success stories of NACCIMA business women’s group.

    What are some of the challenges?

    The main challenge is the funding but I want to thank this present government. Even our market women get loan from them. That loan has even made it better for the women and they are now using their phones to transfer money and refund the money back to BoI. So, you can see that it has so many advantages. THE loan  is between  N50,000 or N100,000. If your first pay is N50,000, then the next one would be N100,000.

    If you finish paying the N100,000 loan within the stipulated time, they will  give you moratorium and this is very good. If you pay your N100, 000, then you are entitled to N200, 000, just like that. And from their cooperatives they are entitled to N500,000 and all this makes the economy to grow at the lower level and I am very happy with this and I am grateful that our women are coming out to fulfil their dreams. By doing this, they would help their husbands and ensure that the homes, the communities, and extended families are taken care of.

    What can government do to empower these women?

    We are really working on it and I must tell you that the government has been very positive by giving them intervention funds that helps. Most of the problems that the women in businesses face are funding, financing and government has been trying by putting in so many intervention funds. However, in the implementation of these funds, there are so many bottlenecks in getting these funds and we want the government to look into this. They must make sure that these intervention funds reach the hands of those medium small entrepreneurs to enable them to fund their businesses and meet the demands of the people.

    What is your advice to women who are not economically empowered?

    I would like them to go and be entrepreneurs. Even if you are selling water, you are an entrepreneur. If you are making pots or involved in petty trading, it is the same thing. I want them to go out and learn a skill and use their talents. They should not bury their talents but use it. Everyone is blessed with a talent; my talent is different from yours. But if we can collate it, it would move the economy. They should go out and speak to some of them and we will mentor them because they need mentoring and they would be of good use to themselves and they won’t depend on anybody.

    You are known for mentoring women, what advice do you have for Nigerian women?

    If you are in position, I want you to help the downtrodden ones. It is not just money, some people just need advice, and some need closeness to give them direction. Some need just a little word of encouragement. I want them to open their doors to others to gain. I want them to open their doors for mentorship. Mentoring differs because when someone gets close to you, then you would know what he or she wants.

    It is on that basis that you can help and as I said earlier with all the intervention funds, if it is money, you can then tailor such into a cooperative or into something else. I am trying to restructure the Federation of Business Women in West Africa (FEBWE) and I am looking for those who can use their hands in ICT, so that they can compare and compete favourably with other countries in West Africa. We have about 16 countries and we are going to be moving together. It was launched in Ghana a few years ago and this is the Nigerian chapter. I am the chairperson and I am mentoring those who can use ICT because they would be dealing with organisations like UNIDO, UNWOMEN, ANWBN and others. So, as women, we must compare and contrast to see what we can do to uplift one another. Then at the end we can sit down and see them growing. This is usually my joy when I see them growing. I love this so much and I do it quietly sometimes. But sometimes, a number of these women come out and say that you have mentored me. I always feel good at such moments.

    Let’s talk about some memorable moments as NACCIMA president

    It was a great day at my investiture. Just before I was nominated and elected, there had been different challenges especially when you have had 18 national presidents who are all men. So, coming out as the first woman national president, I would have passed through challenges. I have just spent six months but my success stories are there and I thank God for giving me that opportunity. Let others talk about my achievements, don’t let me do that. Let them compare and ask what has Alaba Lawson done that has made her to be head and shoulders above others.

    One of the first things that I did that I can talk about is the first-ever NACCIMA Conference in Abuja. It is going to be an annual event and it is going to be a great one for NACCIMA, at least to know that we can move the economy forward. It was great working with Pascal Dozie, his wife and the team. Here, many learnt how to move our economy through agriculture. Let’s go back to tilling the land but in a mechanised way. If our forefathers could till the land and build the first tallest building in Africa then with the proceeds from Cocoa, what are we waiting for? Let’s get back to the farms and ensure that agric is business and we can move the economy forward now that oil is no longer viable.

  • Iyalode Alaba  Lawson now  full of smiles

    Iyalode Alaba Lawson now full of smiles

    THE proprietress of Lawson Group of Schools, Iyalode Alaba Lawson, has bounced back. For those who remember the ebullient woman’s scores with the former governor of Ogun State, Otunba Gbenga Daniel, OGD, the running battle with him is not unconnected with her alliance with the current governor, Ibikunle Amosun.

    Lawson who went on self-exile while the rancour lasted is now full of smiles and most times takes front-row seat during government functions.