Tag: NECA

  • NECA calls for balanced regulation on sachet alcohols

    NECA calls for balanced regulation on sachet alcohols

    Nigeria Employers’ Consultative Association, NECA, has observed with deep concern the renewed enforcement by the National Agency for Food and Drug Administration and Control, NAFDAC, of a ban on the production and sale of alcoholic beverages in sachets and small PET bottles, describing the development as a serious regulatory misstep with far-reaching economic and governance implications.

    According to a statement signed by the Director General, NECA, Wale-Smatt Oyerinde, it stated that the action directly contradicts the directive of the Office of the Secretary to the Government of the Federation dated 15 December 2025, suspending the ban, as well as the resolution of the House of Representatives of 14 March 2024, which called for restraint and broader stakeholder engagement.

    The statement further noted that continued enforcement is already disrupting legitimate businesses, unsettling ongoing investments, placing thousands of jobs at risk, and weakening confidence in Nigeria’s regulatory stability at a time when investor trust is critical.

    “NECA unequivocally supports the protection of minors, the removal of unsafe products from the market, and the pursuit of strong public health outcomes.

    However, the current approach is misdirected. It disproportionately targets compliant and regulated manufacturers while failing to address the real drivers of underage access and the growing challenge of illicit substance abuse across the country,” he said.

    Oyerinde, stated that regulation must be rooted in evidence, proportionality, and the rule of law. According to Mr. Oyerinde, it is unacceptable to punish compliance or criminalise products that passed established regulatory approval processes while ignoring clear gaps in retail enforcement and the spread of far more dangerous unregulated substances. He stressed that Nigeria needs smarter, data-driven enforcement, not blanket bans that destroy jobs, discourage investment, and fail to solve the underlying problem.

    He explained that the alcoholic products now being targeted were tested, registered, and periodically revalidated in accordance with NAFDAC’s scientific and technical procedures. Alcohol strength is measured globally using Alcohol by Volume, ABV, and the products in question fall within internationally recognised ranges for spirits. Their alcohol content is clearly printed on the labels and complies with Nigeria’s regulatory framework. He stated that abruptly labeling such products as inherently dangerous, without presenting new, transparent scientific evidence, raises serious questions about regulatory consistency and fairness.

    On the issue of underage drinking, he emphasised that access control is fundamentally an enforcement matter, not a packaging matter. Alcoholic beverages already carry clear warnings indicating they are not for persons under 18 and should be consumed responsibly. Where minors gain access, he said, the failure lies in weak monitoring of retail outlets and poor enforcement of age restrictions. Addressing this requires stricter licensing, compliance checks, and sanctions for erring retailers, not the elimination of packaging formats that serve adult consumers lawfully.

    He further explained that sachet and small pack formats are an affordability response within Nigeria’s economic structure, where many adult consumers make low-value, daily purchases. Eliminating these formats will not eliminate demand. Instead, it risks pushing consumers toward informal and unregulated alternatives, increasing public health risks while shrinking the formal economy.

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    He also expressed concern that while enforcement pressure is being concentrated on a regulated segment of the beverage industry, the country continues to face the spread of more dangerous substances among young people, including illicit narcotics and abused pharmaceuticals. Directing limited enforcement resources toward compliant manufacturers while more harmful unregulated products circulate widely represents a serious misalignment of policy priorities.

     “The economic consequences of the ban are significant. The wines and spirits value chain supports large numbers of direct and indirect jobs across manufacturing, packaging, distribution, transportation, retail, and agriculture. At a time when businesses are grappling with high operating costs, currency pressures, and weak consumer purchasing power, sudden regulatory shocks of this nature threaten livelihoods, reduce government revenue, and undermine investor confidence in the predictability of Nigeria’s policy environment,” he said.

    He added that environmental concerns linked to plastic waste, while legitimate, should be addressed through improved waste management systems, recycling frameworks, and extended producer responsibility mechanisms that apply across sectors. He warned that using environmental shortcomings as a basis for selective product bans confuses waste management policy with product safety regulation.

    He reiterated that the organised private sector is not opposed to regulation. On the contrary, NECA supports strict, science-basedrules that protect consumers and ensure product quality. What employers reject is regulatory action driven by sentiment, selective enforcement, and disregard for economic consequences and due process.

    NECA therefore calls for the immediate suspension of the ongoing enforcement actions, in line with the Federal Government’s earlier directive, and urges a return to structured, evidence-based dialogue among regulators, industry, public health experts, and consumer representatives. The focus, Mr. Oyerinde stressed, should be on strengthening retail-levelenforcement to prevent underage access, expanding public education on responsible consumption, intensifying action against illicit drugs and unregistered alcohol, and developing practical environmental solutions through collaboration rather than prohibition.

    Nigeria deserves regulation that protects public health while preserving jobs, investment, and respect for the rule of law. Policies that disregard science, economic realities, and regulatory coherence risk doing more harm than good.

  • NSITF, NECA to employers: see workplace safety as business strategy

    NSITF, NECA to employers: see workplace safety as business strategy

    The Nigeria Social Insurance Trust Fund (NSITF) and the Nigerian Employers’ Consultative Association (NECA) have urged employers to regard workplace safety as a strategic business decision that safeguards human capital, reduces operational risks, and enhances organisational reputation.

    They stressed that a strong culture of occupational safety and health is no longer optional but a fundamental human rights issue.

    Speaking at the Lagos Stakeholders’ Interactive Enlightenment Forum and Awards Ceremony of the NSITF–NECA Safe Workplace Intervention Project (SWIP) 2025, held at NECA House in Lagos, the Managing Director/Chief Executive Officer of NSITF, Oluwaseun Faleye, said no job is worth a life and no organisation can sustainably thrive when safety is treated as an afterthought.

    Speaking on the theme of the programme, “Enhancing Workplace Safety, Strengthening Compliance, Celebrating Excellence,” Faleye said the theme captured the full scope of the engagement.

    “The theme captures the full spectrum of our engagement today. Compliance must be seen not as a regulatory obligation alone, but as a strategic business decision that safeguards human capital, reduces operational risk, and enhances organisational reputation,” he said.

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    He noted that SWIP has, over the years, evolved into a strategic platform for driving awareness, strengthening compliance, and fostering collaboration around occupational safety and health.

    According to him, the forum represents a critical interface between policy, practice, and performance, where employers, workers, regulators, and partners engage constructively on how to build safer and more productive workplaces.

    “Today’s gathering is not merely an information session; it is a shared commitment. It reflects our collective resolve to ensure that economic growth does not come at the expense of worker safety, and that productivity is anchored on environments that protect lives, dignity, and livelihoods,” Faleye said.

    Speaking on the awards, he said they were meant to recognise organisations that have demonstrated a strong commitment to occupational safety and health.

    “These awards are not just acknowledgements; they are benchmarks. They signal that compliance is achievable, that safety delivers value, and that excellence in worker protection deserves recognition,” he said.

    Addressing employers yet to fully align with the Employees’ Compensation Scheme, Faleye said the forum offered an opportunity to engage, ask questions, and build partnerships.

    Also speaking, the Director-General of NECA, Mr. Adewale-Smatt Oyerinde, said safety in the workplace should be treated as a fundamental issue and a core responsibility of employers.

    He said that while employers pursue maximum or optimum profit, the safety of workers must also be a priority.

    Oyerinde described workplace safety as a life-and-death matter that is still treated with dangerous nonchalance by both employers and employees, despite its far-reaching consequences.

    On the awards, he expressed confidence that the initiative would not only reward excellence but also help reset the national conversation on workplace safety.

    The Minister of Labour and Employment, Alhaji Maigari Dingyadi, said the Safe Workplace Intervention Project is a collaborative occupational health and safety initiative designed to enhance workplace safety across Nigeria through structured audits, engagement, and recognition.

    He stressed that occupational health and safety are everyone’s responsibility, adding that the ministry cannot achieve it alone.

    The minister commended NECA and NSITF for sustaining SWIP, describing it as a model of effective collaboration between government and the private sector.

    Following the Lagos event, the programme will move to Enugu, with a grand finale scheduled to hold in Abuja on January 27.

  • NECA, NSITF team up for safer workplaces

    NECA, NSITF team up for safer workplaces

    The Nigerian Employers’ Consultative Association and the Nigeria Social Insurance Trust Fund have intensified efforts to improve workplace safety standards across the country.

    The two organisations noted that negligence, poor awareness, and a weak safety culture would continue to expose Nigerian workers to preventable injuries and deaths at the workplace.

    The heads of both organisations made these points on Friday in Abuja at a press conference ahead of the NSITF-NECA Safe Workplace Intervention Project 2025 interactive enlightenment forums and award ceremonies stated for January.

    Speaking at the event, NECA Director-General Adewale-Smatt Oyerinde said that workplace safety is a life-and-death issue often treated with dangerous nonchalance by both employers and employees.

    Oyerinde noted that occupational safety and health has recently been elevated by the International Labour Organisation to a core convention binding on all member states.

    The NECA boss said: “Health and safety is no longer optional. It is now a human rights issue. Labour is not a commodity; there are human beings behind every job.

    “The disposition of the private sector towards health and safety is changing. Our commitment, alongside NSITF, led to the commencement of the Safe Workplace Intervention Project many years ago.”

    Oyerinde stressed that workplace accidents are often irreversible, even when victims survive, and highlighted emerging challenges such as remote work, artificial intelligence, and home-based accidents that require a rethinking of what constitutes a workplace.

    He added: “We often carry the same mindset from home to the office. Carelessness in the workplace can have lasting consequences.

    “From employers who see safety investment as a cost to employees who ask, ‘Why must I wear PPE?’—this is a serious issue. When an accident happens, recovery may be partial, but the scars remain. Safety is not just compliance; it is a life issue.”

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    According to Oyerinde, the biggest compliance gaps are knowledge, awareness, and basic infrastructure, noting that many hazards are ignored because they appear harmless.

    “Even something as simple as a chair can be hazardous over time. Awareness is key,” he said.

    He emphasised that while NECA members are held to higher standards, recklessness persists in companies that avoid regulation.

    He also warned that employees who remain silent in unsafe environments are complicit.

    “Safety is a personal responsibility. Unsafe practices must be named and addressed,” he stated.

    The audit process, Oyerinde explained, was evidence-based and evaluated policies, behaviour, leadership, emergency preparedness, and implementation.

    According to him, compliance levels were average for a developing country.

    “Some organisations have policies without implementation; others have plans but no emergency response. This year, 200 companies across the six zones were audited. Organisations performing exceptionally will be rewarded, including with safety-related incentives such as ambulances,” he added.

    Also speaking, Managing Director/CEO of NSITF, Oluwaseun Faleye described SWIP as a key tool for driving private-sector compliance with workplace safety and employee compensation laws.

    “The Employees’ Compensation Act is robust, but the law alone is not enough without stakeholder engagement. Collaboration with NECA has been very effective,” Faleye said.

    He added that the 2025 SWIP activities, delayed into early 2026 due to operational exigencies, would officially kick off in Lagos on January 20, followed by Enugu, and a grand finale in Abuja on January 27.

    Faleye stressed that recognition and awards encourage compliance and that media engagement is critical for deepening awareness of the Employee Compensation Scheme.

    The Permanent Secretary, Federal Ministry of Labour and Employment, Salihu Usman, commended NECA and NSITF for sustaining SWIP, describing it as a model of effective collaboration.

    He noted that the ministry’s Occupational Safety and Health Department actively participated as a technical partner to ensure alignment with national standards and global best practices.

  • NECA bags PEBEC’s award

    NECA bags PEBEC’s award

    The Nigeria Employers’ Consultative Association (NECA) has bagged the Business Advocacy and Partnership Award from the Presidential Enabling Business Environment Council (PEBEC).

    The award was presented to NECA during the PEBEC annual Award and Gala night at the Banquet Hall, Aso Villa, Abuja, in recognition of its steadfast commitment, constructive engagement, and strategic collaboration, which have strengthened Nigeria’s business environment and supported the government’s reform agenda.

    Speaking shortly after receiving the award, Director-General of NECA, Adewale-Smatt Oyerinde, expressed deep appreciation to the President Bola Ahmed Tinubu-led administration for the recognition, as well as PEBEC’s continued efforts to improve the business climate for all Nigerians.

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    Oyerinde described the award as a testament to the association’s longstanding commitment to supporting enterprises, advancing regulatory improvements, and promoting a more predictable and growth-enabling economic landscape.

    He noted that the award serves as renewed motivation for the organisation to deepen its role in national development, strengthen institutional partnerships, and support reforms that deliver sustainable economic progress for Nigeria.

    “We are honoured by this recognition and remain fully committed to deepening constructive dialogue, driving evidence-based advocacy, and championing reforms that unlock the full potential of the private sector. NECA will continue to work with government and key stakeholders to deliver enduring solutions that strengthen institutions, attract investment, and support national development,” he said.

  • NECA: PPP, others vital to ‘Nigeria First’ policy

    NECA: PPP, others vital to ‘Nigeria First’ policy

    The Nigeria Employers’ Consultative Association (NECA) has identified a strong public-private partnership, backed by reforms that reduce import dependence, ease pressure on the Naira, and support backward integration as vital to the full realisation of the Nigeria First Policy.

    Its Director-General of NECA, Mr. Adewale Smatt Oyerinde, who spoke when NECA convened a high-level virtual Knowledge Sharing Session (KSS) for employers nationwide, with “Nigeria First Policy: Unlocking Opportunities for Businesses and the Economy” as theme, reaffirmed the commitment of NECA to advancing enterprise competitiveness and national economic development through proactive policy advocacy.

    He emphasized the need for a more competitive and business-friendly environment, while urging employers to proactively patronize Nigerian products and services.

    The virtual engagement was designed to deepen understanding of the Federal Government’s Nigeria First Policy and explore its implications for private-sector growth.

    The Permanent Secretary of the Federal Ministry of Industry, Trade and Investment, Ambassador Nura Abba Rimi who was represented by the Director, Industrial Development Department, Mrs. OlumuyiwaAjayiade, made a detailed presentation on the policy’s objectives and strategic priorities. She explained that the Nigeria First Policy prioritizes local goods and services in public procurement, enhances local content participation, and promotes economic growth through targeted government expenditure. She further stated that the initiative aligns directly with President Bola Ahmed Tinubu’s Renewed Hope Agenda, focused on industrialization, strengthening local production, and shielding the economy from global disruptions.

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    Also addressing the session, the Director-General of the Bureau of Public Procurement, Dr. Adebowale Adedokun, highlighted procurement and local content requirements under the policy. He assured stakeholders that the Nigeria First Policy aims to empower local enterprises, promote quality standards, and improve global competitiveness of Nigerian products. He disclosed that implementation guidelines are currently being finalized and will be shared with NECA for further stakeholder engagement.

    Representing the business community, the Chairperson of NECA’s Committee on Corporate Communications and Public Affairs Experts, Ms. Victoria Uwadoka, stressed the importance of sustainable enterprise growth and outlined the strategic opportunities the policy presents for Nigerian companies.

    The Knowledge Sharing Session recorded strong participation across sectors, with robust interaction and positive feedback from employers. Participants acknowledged the session as timely and expressed confidence in the policy’s potential to drive business expansion and national economic transformation.

    NECA remains fully committed to working with government and the private sector to ensure successful implementation of the Nigeria First Policy and to champion initiatives that strengthen the Nigerian economy.

  • NECA empowers 75 graduates with IT skills

    NECA empowers 75 graduates with IT skills

    Nigeria Employers’ Consultative Association (NECA) has graduated 75 participants from its ICT Academy, equipping them with advanced digital skills to thrive in the ever-evolving world of technology.

     The graduands were presented with certificates at the graduation ceremony at the NECA House, Ikeja, Lagos.

     The NECA ICT Academy is a leading initiative by NECA aimed at empowering young Nigerians with world-class ICT skills, bridging the digital divide, and fostering sustainable employment opportunities nationwide.

    The graduating cohort underwent four months of intensive training in high-demand areas, including artificial intelligence, data analysis, Python programming, cyber security, and 3D animation.

    The graduation ceremony, held in Lagos, marked another significant milestone in NECA’s ongoing effort to bridge Nigeria’s digital skills gap and empower young people to become employable, innovative, and self-reliant. The graduating cohort underwent four months of intensive training in high-demand areas, including artificial intelligence, data analysis, Python programming, cyber security, and 3D animation.

    Delivering the goodwill message, the Deputy Governor, Lagos State, Obafemi Hamzat, who was represented by the Lagos State Commissioner for Innovation, Science, and Technology, Olatunbosun Alake, commended NECA for its sustained commitment to human capital development and innovation. Hamzat described the academy as a model of effective collaboration between government, industry, and the private sector.

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    “Digital skills are the currency that drives innovation and productivity. The NECA ICT Academy stands as a shining example of how partnerships can unlock opportunities for young Nigerians. As you step out today, remember that what you have gained is more than just technical knowledge; it is the confidence to innovate, solve problems, and create value. Never stop learning. Skills attract value globally, and excellence will always open doors,” he added.

    While congratulating the graduands, he urged them never to stop learning, saying that the skills they have acquired may soon become obsolete.

    Speaking at the occasion, the Chairman of Ikeja Local Government Council, Comrade Akeem Dauda, commended NECA and ITF for their partnership, which has continued to empower the youth with relevant technical and vocational skills.

    Dauda urged the graduands to apply their skills with diligence, integrity, and creative contribution to advance the growth of the Nigerian economy.

    He stated that the Lg remains committed to supporting initiative that promotes skills acquisition, innovation and youth empowerment in line with the agenda of Sanwo-Olu administration

    In his remarks, the Director-General, Industrial Training Fund (ITF), Dr. Afiz Ogun, who was represented by the Director, South West Zonal Office, Ojo Akindele, emphasized the importance of self-development in an age shaped by artificial intelligence, noting that “the shelf life of every CEO and professional is becoming shorter because of the rapid growth of AI.”

    “What you’ve learned here is only the beginning. Self-learning is the way to go. Continue to build on what you have learned and position yourself for the opportunities that the digital future will bring,” he added.

    Speaking at the event, the Director-General of NECA, Adewale Smatt-Oyerinde, noted that the initiative reflects the association’s unwavering commitment to national development through skills acquisition and employability enhancement.

    Oyerinde noted that the project’s impact has been quite remarkable, with 95% of previous graduates securing gainful employment or launching their own businesses, thereby fostering national productivity and sustainable enterprise growth.

    “NECA is committed to skill development. We do not have a business that you can own, but for employers to remain sustainable, productive, and profitable, they need skilled people. The rapid pace of technological evolution means that to survive in today’s workplace, ICT competence is not optional; it is essential. The NECA ICT Academy was established to address this reality. This programme is entirely free for participants, including certification training. We also support them with logistics and stipends to ensure access and inclusivity. These remarkable individuals have demonstrated excellence, discipline, and innovation throughout their learning journey, and we are proud of what they have achieved,” he said.

    One of the graduating participants, Jubril Azeez Oladipupo, while expressing his appreciation on behalf of the cohort, described the programme as a life-changing opportunity that has set all the graduands on a definite career path and provided them with the proper foundation for a prosperous future in the field of technology.

  • NECA reaffirms commitment to migration reforms

    NECA reaffirms commitment to migration reforms

    Director General, Nigeria Employers Consultative Association (NECA), Adewale-Smatt Oyerinde, has reaffirmed the association’s commitment to partnering with the federal government and stakeholders in implementing migration reforms that will engender dignity and economic growth.

    Oyerinde stated this during the Stakeholders’ Sensitization Workshop on Expatriate Quota Reform, New Visa Regime and Post-Amnesty Programme  in Kano.

    According to him, the association remains committed to fostering an economy where law, enterprise, and opportunity coexist.

    He noted that the association is open to collaborating with stakeholders to transform the post-amnesty process into a model of structured inclusion, turning compliance into confidence and sustainable development for Nigeria and the wider African continent.

    He disclosed further that the post-amnesty programme intersects meaningfully with the objectives of the African Continental Free Trade Area (AfCFTA) by allowing for more unrestricted movement of goods, services, and persons across Africa.

    He said: “Nigeria, the continent’s largest economy, must lead by example, demonstrating that lawful mobility and economic opportunity can coexist within a secure and predictable policy environment.

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     For the private sector, the post-amnesty programme is both timely and necessary. It ensures employers operate within clear legal parameters, protects enterprises from liability, and enhances workforce integrity. It also contributes to enterprise sustainability by aligning workforce planning with national immigration frameworks. NECA stands ready to collaborate with the Nigeria Immigration Service (NIS) in providing continuous engagement, capacity-building, and advocacy to ensure that this policy achieves its intended goals”.

    Applauding the foresight of the Honourable Minister of Interior and the diligence of the NIS Comptroller-General in driving the reform agenda with balance and purpose, he stated that the post-amnesty programme convened by the Ministry demonstrates that migration can be managed in a way that protects national interest, promotes human dignity, and strengthens economic growth.

    He said: “I must commend the Honourable Minister of Interior, Dr. Olubunmi Tunji-Ojo, whose visionary leadership continues to redefine the administration of internal security and migration in Nigeria. His results-driven approach has positioned the ministry as a model of reform and accountability. I also want to acknowledge the steady and pragmatic leadership of the Comptroller-General of Immigration, Kemi Nanna Nandap, mmis, fsm, whose commitment to operational excellence and humane enforcement is giving new credibility to the Nigeria Immigration Service,” he said.

    He described the ministry’s ambitious reforms, including the post-amnesty enforcement sensitisation, as a reflection of the federal government’s determination to move towards global realities and practices with fairness, clarity, and firmness.

    “We align with the ministry’s and NIS’s various initiatives because we are convinced that they are not punitive but restorative. It offers foreign nationals who may have fallen out of compliance with immigration regulations a lawful path to regularisation, reinforcing Nigeria’s sovereignty and adherence to the rule of law. This is what effective migration governance looks like, firm on standards yet humane in execution,” he said.

    He stressed that when governed by clear rules and strong institutions, migration remains a source of national strength. He also emphasised the need for regularisation of the process to help create visibility within the system, enabling the government to plan better, employers to comply confidently, and migrants to contribute productively.

    Advancing the economic benefits of migration, he noted that properly documented people are more likely to work lawfully, pay taxes, and participate in the formal economy, thus enhancing social cohesion and reducing vulnerabilities linked to irregular status.

    He explained that some of the bold steps taken by the Ministry on migration align totally with international labour and migration standards and conventions of. By anchoring the sensitisation process on such principles, the NIS is positioning Nigeria as a regional example of humane and structured migration management.

    “Globally, countries that have implemented similar regularisation exercises, such as Spain, Portugal, and Argentina, have recorded tangible socio-economic benefits, from improved labour compliance to expanded tax bases and better national security outcomes. Nigeria’s post-amnesty programme has that same potential. He said that effective implementation can strengthen border management, support legitimate business operations, and enhance the country’s reputation as a rule-governed destination for investment and skilled migration,” he said.

  • NECA women boosting entrepreneurship, says VP

    NECA women boosting entrepreneurship, says VP

    •To celebrate 20th anniversary

    A GROUP, NECA’s Network of Entrepreneurial Women (NNEW), has said its programmes and projects are impacting on the lives of women.

    Its Vice President, Mrs Bolanle Edwards, stated this at a press conference in Ikeja, Lagos. She said the 20-year-old group has come a long as it has increased its membership from fewer than 100 to over 2,000 and spread its tentacles to five chapters, from one.

    She announced that the group is set to celebrate its  20th anniversary at its headquarters in Ikeja from October 8 to 9. The event is themed “Evolve, elevate, and celebrate’’.

    During the programme, where Executive Vice-Chair, Emerging Africa Capital, Dr Toyin Sani, would feature as the guest speaker, while MainOne Chief Executive Officer, Funke Opeke, is being expected, among other dignitaries, awards would be given to some deserving people.

    Over the years, she said, they had remained committed to their objective of promoting  women empowerment.

    She listed their achievements as the training of women in entrepreneurship, leadership, export digital transformation, financial literacy and innovation.

    Also, she said, through their Women in Digital Business (WIDB), financial literacy clinics and specialised export training, they had equipped thousands of women with the tools to compete anywhere.

    Edwards added: “These programmes have not only sharpened business skills but also helped women embrace technology and digital economy, ensuring they remain relevant in an ever-changing market. At New, we believe that no woman should walk the path of entrepreneurship alone. We established a robust mentorship, pairing emerging. Our peer-to-peer learning circles and business clusters have provided safe spaces for sharing challenges, exchanging ideas, and building confidence. Many successful women-led enterprises can trace their roots to these mentoring relationships.’’

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    She also said they had championed policies that improve access to finance, reduce barriers to trade, and create a business environment where women can thrive and that their dialogue with the policymakers had helped shape conversations on gender, equity, and entrepreneurship.

    “Access to market and finance,’’ she said, remains a challenge for women entrepreneurs and new authorities and on, but through collaborations with financial institutions such as the FCMB Ventures Initiative, they have enabled members to secure critical funding and financial tools to scale their businesses. We invest in young women and next-generation entrepreneurs offering training, mentoring, and platforms for growth.

    Their challenges were economic recessions, policy shifts, global disruptions such as the COVID-19 pandemic, the rapid evolution of technology and access to more funds.

    Yet, she said they had remained resilient in weathering the storms, she noted.

    She thanked the Nigeria’s Employers’ Consultative Association (NECA), founders and past presidents, members and partners, financial institutions, development agencies, and private sector’s allies, for their collaboration.

    Chairperson, NNEW 20th Anniversary Planning Committee, Mrs Dominga Omolara Odebunmi, said the organisation’s 10-Year Strategic Plan would be unveiled at the ceremony. There would also be cultural performances, networking breaks, interactive activities, and a health check.

    She added: “Our journey has been remarkable, and our impact undeniable. NNEW has empowered thousands of women, built strong mentorship networks, influenced national discourse, and contributed significantly to enterprise development. These efforts have not gone unnoticed. Over the years, we have been recognised with numerous awards and honours at home and abroad. These recognitions affirm that our story is one of resilience, of progress, and of collective victory.’’

    At the press conference were the Chairperson of the group’s Governing Council, Mrs Akpabio Edobong; Publicity Secretary, Mrs Eniola Mayowa and Executive Secretary, Niyi Adeyanju, among others.

  • NECA lauds falling inflation, seeks policy to unlock growth

    NECA lauds falling inflation, seeks policy to unlock growth

    Nigeria Employers’ Consultative Association (NECA) has lauded the decline in the inflation rate, which has moderated for five consecutive months.

    This follows National Bureau of Statistics (NBS) Consumer Price Index (CPI) report, which shows headline inflation easing to 20.12 per cent in August, down from 21.88 per cent in July.

    Director-General, Adewale-Smatt Oyerinde, said policymakers, particularly Monetary Policy Committee of Central Bank of Nigeria should re-evaluate its tight monetary policy stance.

    While the decline is laudable, he noted that its full benefits will remain muted unless MPC strategically reduce the Monetary Policy Rate (MPR).

    “Lower interest rates will not only stimulate enterprise competitiveness but also boost access to credit, investment, and job creation, which are critical to inclusive growth,” he said.

    He, however, expressed concern that despite a marginal decline, food inflation remains high at 21.87 per cent, continuing to exert pressure on households. “For Nigerians to truly feel impact of macroeconomic improvements, decline in staple prices must translate into relief for families,” he stressed.

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    Oyerinde noted that for businesses, high operating costs—driven by raw materials, energy, and logistics—remain a threat to sustainability. For individuals, persistent inflation erodes disposable income and consumer demand, undermining growth and hindering job creation. He advised that the government must complement monetary easing with strengthening exchange rate to curb imported inflation, investing in agriculture by securing farming communities and expanding mechanisation, and addressing bottlenecks in energy, transport, and regulation.

    He noted the inflation trend presents a compelling case for MPC to ease its tight stance.

     “It is time to balance price stability with growth stimulation so enterprises can thrive, jobs can be created, and Nigerians can experience relief from the cost-of-living crisis.”

  • NECA champions business growth

    NECA champions business growth

    Nigeria Employers Consultative Association (NECA) will be part of a summit hosted by the Federation of Kenya Employers, BUSINESSAfrica Employers’ Confederation, International LabourOrganization (ILO) & the International Organization of Employers (IOE).

    The summit is meant to champion business growth and digital economy in the continent.

     This high-level event brings together business leaders, policymakers, and global experts to shape the future of work in Africa.

     The Summit is the premium gathering of Employers in Africa and arguably the biggest investment and networking platform for all African nations.

     The President of NECA, Dr. Ifeanyi Okoye, noted that African businesses need to continue to innovate in order to reposition for the ever changing workplace.

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    Also its  Director-General, Adewale Smatt-Oyerinde stated that digital economy and skills development will be a fundamental factor in driving enterprise sustainability and competitiveness. Governments across Africa must be deliberate and focused on providing a hospitable environment for digital entrepreneurs to thrive.

    Key takeaways at the opening ceremony include the need for African businesses to take advantage of its comparative advantage to drive growth and sustainable development; the imperative to upscale the conversation on productivity through focused and strategic vocational training interventions and the need to proactively leverage the opportunities of the platform economy through growth-focused legislations and regulations for the greater good of Africa.

    Other distinguished guests and Speakers at the event include, the Deputy President of Kenya, Prof. Kithure Kindiki, the ILO Director-General, Mr. Gilbert F. Houngbo and Ms. Jacqueline Mugo, President of the International Organization of Employers.