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NECA

80% of workers lack social protection – NECA

NECA

By Ukpono Ukpong The Nigeria Employers’ Consultative Association (NECA) has raised alarm over the widespread lack of social protection among Nigerian workers, revealing that over 80% of the workforce, especially in the informal sector, remains unprotected. Speaking at the National Dialogue on Promoting Sustainable and Responsible Business Practices for the Realization of Decent Work in […]

NECA to host 2025 MSME fair as regulators, experts unite for economic growth

NECA

BY TEMITOPE ADEBAYO The Nigeria Employers’ Consultative Association (NECA) has announced that it will host the 2025 edition of its flagship MSME Fair on Tuesday, May 6, 2025, at NECA House, Alausa, Lagos. Speaking in an interview, NECA’s Director-General, Mr. Adewale Smatt Oyerinde, emphasised that the Fair forms part of the Association’s commitment to strengthening […]

NECA, Customs pledge to strengthen trade ties, support SMEs

NECA

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 during a courtesy visit by NECA’s leadership to the Comptroller-General of the Nigeria Customs […]

Endbadgovernance: NECA urges protesters to embrace dialogue

NECA

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 characterised the protest in some […]

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

NECA

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 growth that benefits all sectors of society. In […]

NECA urges labour to renegotiate national minimum wage

NECA

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 Abuja, the […]

NECA raises the alarm over expatriate employment levy by FG

NECA

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 Tinubu’s regime if it […]

Ban on alcohol in sachets economic sabotage-NECA

NECA

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 […]

NECA calls for adoption of backward integration, industrialisation

NECA

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 […]

NECA wants FG to address challenges stifling businesses

NECA

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 taxation, among others. He made the […]

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

NECA

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 […]

Agric policies causing job creation unsustainable, says NECA

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 […]

NECA seeks quick return to normalcy after protests

NECA

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 […]

NECA lauds reduction of benchmark lending rate to 12.5%

NECA

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 […]

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

Oil prices

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 […]

NECA lauds Buhari for approving implementation of Oronsaye report

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 stated that “it is […]

NECA lauds FG for easing lockdown

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 […]

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

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 […]

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

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 Timothy Olawale, at the […]

Petrol Price: NECA commends FG

tanker drivers

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 […]