Business

NECA, Customs pledge to strengthen trade ties, support SMEs

DailyTimesNGR DailyTimesNGR 12 April 2025 0

By Ukpono Ukpong The Nigeria Employers’ Consultative Association (NECA) and the Nigeria Customs Service (NCS) have reaffirmed their commitment to strengthening trade ties and supporting small and medium-scale enterprises (SMEs) as a pathway to inclusive economic growth. This pledge was made

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Endbadgovernance: NECA urges protesters to embrace dialogue

DailyTimesNGR DailyTimesNGR 5 August 2024 0

The Nigeria Employers’ Consultative Association (NECA) has urged the #Endbadgovernance protesters to sheath their swords and embrace dialogue. Mr Adewale-Smatt Oyerinde, Director-General/Chief Executive of NECA made the appeal in a statement on Sunday in Abuja, following a national address by President Bola Tinubu. Oyerinde condemned the unfortunate looting that had

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NECA’s Push for Sustainable Development and Economic Harmony in Nigeria

DailyTimesNGR DailyTimesNGR 23 June 2024 0

The Nigeria Employers’ Consultative Association (NECA) is spearheading efforts to foster sustainable development and economic harmony in Nigeria, as highlighted by recent statements from its Director-General, Adewale Oyerinde, outlining NECA’s multifaceted approach to mitigating a range of economic and social challenges and underscoring the need for balanced

Business

NECA urges labour to renegotiate national minimum wage

DailyTimesNGR DailyTimesNGR 19 May 2024 0

By Temitope Adebayo Following the walk-out of organised labour, which include; Nigeria Labour Congress(NLC) and Trade Union Congress(TUC, during the meeting of the National Minimum Wage Committee, the Nigeria Employers’ Consultative Association (NECA) has urged them to return to the negotiating table. Speaking on behalf of the Organised Private Sector of Nigeria(OPSN) in

Business

NECA raises the alarm over expatriate employment levy by FG

Ihesiulo Grace 4 March 2024 0

By Temitope Adebayo The leadership of Nigeria Employers Consultative Association of Nigeria (NECA) has expressed concerns over Expatriate Employment Levy recently introduced by Federal Government. This is just as the association raised the alarm that this development would be counterproductive drive that would jeopardise the industrialisation goal by Otunba Bola Ahmed

Business

Ban on alcohol in sachets economic sabotage-NECA

DailyTimesNGR DailyTimesNGR 13 February 2024 0

By Godwin Anyebe The Nigeria Employers’ Consultative Association, NECA the umbrella body for Employers in Nigeria, has described the banning of packaging of alcoholic drinks in sachets and small-sized bottles by the National Agency for Food and Drug Administration and Control as economic sabotage. In a statement made available to newsmen recently in Lagos, NECA […]

Money

NECA calls for adoption of backward integration, industrialisation

DailyTimesNGR DailyTimesNGR 20 January 2024 0

By Temitope Adebayo The Nigeria Employers Consultative Association of Nigeria (NECA) has advised employment of backward integration and resource-based industrialisation to tackle econonic hardship in the country. This is just as it noted that improvement in food and domestic production should be pursued with drastic step by the federal government to prune the daily rise

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NECA wants FG to address challenges stifling businesses

Ihesiulo Grace 31 March 2023 0

The Nigeria Employers’ Consultative Association (NECA) has urged the Federal Government to demonstrate commitment to addressing monetary and fiscal policy challenges stifling businesses. The NECA Director-General, Mr Adewale-Smatt Oyerinde, made the call in a statement on Thursday in Lagos, listing such challenges as foreign exchange dichotomy, fuel subsidies, multiple

News

Flooding: NECA seeks urgent action from FG to avert future occurrence

Ihesiulo Grace 26 October 2022 0

By Joy Obakeye Nigeria Employers’ Consultative Association (NECA) has called on the Federal, States and Local Governments to urgently find lasting solutions to the flood that is ravaging many parts of the country The Director-General of NECA, Adewale Oyerinde stated that “the consequences of the flood on the already fragile economy and pauperized citizens can […]

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Agric policies causing job creation unsustainable, says NECA

Ihesiulo Grace 4 September 2022 0

By Joy Obakeye  The Director General of the Nigeria Employers’ Association (NECA), Mr. Adewale Oyerinde, has stated that the increase in import of agriculture products over exports, is leading to an unsustainable job creation trend in the sector. Oyerinde who spoke at  a media chats with Labour Writers Association of Nigeria (LAWAN), stressed that the […]

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NECA seeks quick return to normalcy after protests

Ihesiulo Grace 11 November 2020 0

Nigeria Employers’ Consultative Association (NECA) has called for further initiatives to be urgently put in place to ensure a quick return to economic normalcy across the country. NECA’s President, Mr. Taiwo Adeniyi made the call at a news conference on Tuesday in Lagos. Adeniyi said that the Federal Government should urgently make public details of […]

Business

NECA lauds reduction of benchmark lending rate to 12.5%

Ihesiulo Grace 2 June 2020 0

Nigeria Employers’ Consultative Association (NECA) has commended the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) for reducing the Monetary Policy Rate (MPR) from 13.5 per cent  to 12.5 per cent. The major decision from the MPC at its May 28, 2020 meeting was the reduction of the MPR, while maintaining other […]

Business

Oil prices: NECA calls for aggressive policies to sustain economic recovery

Ihesiulo Grace 27 May 2020 0

Nigeria Employers’ Consultative Association (NECA), has urged fiscal and monetary authorities to develop more aggressive and decisive policies to sustain economic recovery in the wake of further reduction in oil prices. The Director-General of NECA, Mr Timothy Olawale, who made the call on Tuesday in Lagos said, “in our analysis of the country’s economy, we […]

Business

NECA lauds Buhari for approving implementation of Oronsaye report

Ihesiulo Grace 6 May 2020 0

Nigeria Employers’ Consultative Association (NECA), has commended the federal government for approving the implementation of the long-overdue Oronsaye Report. The Report was submitted to President Goodluck Jonathan on April 16, 2012. READ ALSO: Bill Gates’ $10bn bribery allegation: Reps threaten action Speaking in Lagos, the Director-General of NECA, Dr Timothy Olawale

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NECA lauds FG for easing lockdown

Ihesiulo Grace 29 April 2020 0

The Nigeria Employers’ Consultative Association (NECA) on Wednesday commended the Federal Government for gradually winding down lockdown in Lagos, Ogun and FCT, to enable businesses come back to life after four weeks of total lockdown. Its Director-General, Mr Timothy Olawale, who gave the commendation in a statement Lagos, said the move would balance safety of […]

Business

COVID-19 lockdown: NECA warns of resulting impact on businesses

Ihesiulo Grace 28 April 2020 0

Nigeria Employers’ Consultative Association (NECA) has said that the resulting impact of the total lockdown in Lagos, Ogun and FCT can lead to crippled businesses, heightened rate of job loss and increased level of poverty with consequential effect of increased insecurity. NECA in its weekly bulletin added that massive job losses are inevitable except if […]

Business

COVID-19 pandemic: NECA asks FG to consider tax waivers on real sector

Ihesiulo Grace 7 April 2020 0

The Nigeria Employers Consultative Association (NECA) has asked the federal government to consider tax waivers and other fiscal incentives to save jobs as the COVID-19 pandemic takes its toll on livelihoods, adding that President Muhammadu Buhari to take more specific steps in providing palliatives and support to organised businesses. Its’ Director-General, Dr

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Petrol Price: NECA commends FG

Ihesiulo Grace 19 March 2020 0

Lagos – The Nigeria Employers Consultative Association (NECA) has commended the Federal Government for reducing the price of petrol, describing the development as welcome. NECA Director-General, Mr Timothy Olawale, made the commendation in an interview on Thursday in Lagos. The Minister of State for Petroleum Resources, Mr Timipre Sylva, had on March 18, said that

Business

NECA calls for harmonisation of labour laws to end casualisation in workplaces

Ihesiulo Grace 7 March 2020 0

The Nigeria Employers Consultative Association (NECA) has called for harmonisation of labour laws to boost stakeholders’ agitation for the nation’s labour administration. Its Director-General, Mr Timothy Olawale, made the call in Lagos on Friday, while reacting to the House of Representatives’ plan to amend the Labour Act. READ ALSO: Nigerian women show resilience in

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NECA expresses concern at Senate’s passage of finance bill

Ihesiulo Grace 22 November 2019 0

The Nigeria Employers’ Consultative Association (NECA) has decried the failure of the Senate to consider stakeholders submissions before passage of the finance bill into law. NECA Director-General, Mr. Timothy Olawale, raised the concern on Friday in a statement signed by NECA’s Project Officer, Mr. Oluwaseun Amigun. The Senate had on November 21 passed the finance […]