Economy

NGBF, NACCIMA sign partnership agreement toward industrial growth

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The Nigerian Global Business Forum (NGBF) and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) are partnering on many initiatives by supporting businesses that can drive massive industrial growth.

NACCIMA made this known in a statement made available to newsmen in Lagos on Wednesday.

The partnership was aimed at covering a wide range of activities and initiatives such as the development of industrial parks (light factories), organising workshops, exhibitions, conferences, trade missions, policy advocacy, amongst others.

Mr Afolabi Andu, President NGBF, noted that the objective of the partnership was to primarily establish Nigeria’s economic growth and ensure sustainability through the strategic involvement of both the NACCIMA membership network alongside the NGBF members.

Andu reiterated that the onus of national economic development was on its citizens.

He pointed ou that most of the Asian and Far Eastern brands globally recognised today, emerged through the vision of industrial  Parks where quality national brands were initially established now resulting into global brands.

“This is in line with our strategy of systematically and deliberately working toward the development of formidable Nigerian brands through our strategic partnership,’’ he said.

Dele Oye, Second Deputy President of NACCIMA, noted that with this partnership came a healthy exchange of ideas and commercial interface between both organisations which would invariably be to the country’s overall benefit.

“The strategic partnership between NACCIMA and NGBF is an actualisation of one of Hajiya Saratu Iya Aliyu’s principal objectives for her tenure as National President of NACCIMA.

“This is to promote and develop all matters affecting business through provision of a network for national and international businesses.

“With oil price hovering around 30 dollars per barrel and the country in another recession technically, there’s no better time for diversification into non-oil sector of the economy for GDP growth,” he said.

The News Agency of Nigeria reports that the Memorandum of Understanding of the partnership was done via zoom, an online meeting platform.


Edited By: Adeleye Ajayi (NAN)

Short Link: https://wp.me/pcj2iU-3gx9

Rukayat Moisemhe

Rukayat Moisemhe: NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. We are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and we strive diligently to ascertain the truth in every news report. Contact: editor @ nnn.ng. Disclaimer.

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